A new cost estimate for decommissioning all oil and gas infrastructure on the UK Continental Shelf has been put at US$77.45 billion (£59.7 billion), an increase on previous estimates of US$68.79 (£53 billion). But, the Oil and Gas Authority…
Keppel Offshore & Marine Ltd subsidiary, Keppel Shipyard has won four contracts worth a total of $61.5 million (S$85 million) for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for…
Drilling contractor Noble Corporation Plc has awarded a contract to AFGlobal to provide and install an integrated deepwater managed pressure drilling (MPD) system. “The addition of MPD systems to our rig fleet will provide a valuable…
Lundin Petroleum has received permission from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in the Barents Sea using the semisubmersible Leiv Eiriksson. The company will start drilling next month at Block 7220/6…
Rosneft and A. P. Moller Maersk, which owns drilling firm Maersk Drilling and oil firm Maersk Oil, as well as a huge container shipping business, are among a slew of companies across the globe hit by the Petya ransomeware virus. The virus…
Providence Resources and its partners have signed a contract for the Stena IceMAX deepwater drillship for drilling on the Druid and Drombeg prospects in the southern Porcupine Basin, offshore Ireland. Druid and Drombeg are in Frontier Exploration Licence (FEL) 2/14…
First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea under operator Repsol Sinopec Resources UK…
All all-Italian team is hoping to offer the offshore industry smarter and more efficient solutions, by bringing their heads together. Elaine Maslin reports. Fincantieri's Overdrill. Photo from Fincantieri…
High hopes are pinned on gas as a transition fuel and there being markets to sell it to in the gas-rich Mediterranean. Elaine Maslin reports. Maersk Discoverer drilling in Egypt's Eastern Med Sea for BP…
One of the North Sea’s oldest discoveries is set to be decommissioned as part of a multimillion-pound project. Centrica's Ann field, where the North Sea’s 10th exploration well was drilled more than 50 years ago, has been shut in and the subsea infrastructure will be removed…
Island Drilling has been awarded a drilling contract with OMV Norge for one well on the Wisting license in the Norwegian Barents Sea. OMV will use the Island Innovator semisubmersible drilling rig, starting in Q3 this year. The Island Innovator is currently in warm lay-up at Hanøytangen…
Suriname's oil agency Staatsolie has agreed to award a production sharing contract for offshore Block 59 to a consortium consisting of ExxonMobil, Hess and Statoil under the country's 'Open Door Policy.' Staatsolie has also reached an agreement with Statoil over Block 60…
GE Oil & Gas has signed a long-term agreement to collaborate with Eni and CNPC consortium EEA on Area 4 offshore Mozambique, including the Coral South floating LNG (FLNG) project. The Coral South FLNG project will be the first deepwater gas development offshore Mozambique…
Petrobras has awarded Seabed Geosolutions, a joint venture between Fugro and CGG, to conduct the largest ever 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil. Seabed Geosolutions’ new Manta node system will be used to conduct the OBN survey…
The topside and jacket for the Oseberg Vestflanken 2 unmanned wellhead platform set sail on 25 and 26 June respectively from Heerema Fabrication Group’s (HFG) Heerema Zwijndrecht yard in the Netherlands. The platform and jacket will be…
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