Helix Energy Solutions Group has been awarded its first contract for a new 15,000psi intervention riser system (IRS). The 35-day award is with a large oil and gas operator in the US Gulf of Mexico. The 15,000psi IRS is part of a joint…
North Sea-focused Independent Oil and Gas (IOG) has signed a letter of intent with Heerema Fabrication Group for front-end engineering and design (FEED), and engineering procurement, construction and installation (EPCI) of up to four normally unmanned installation platforms (NUIs)…
Baker Hughes, a GE company announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…
CGG’s creditors have overwhelmingly accepted the company’s proposed chapter 11 plan, the French seismic firm announced today (2 October). Image from CGG. “Specifically, all holders…
Jan De Nul Group has begun preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian Gulf. Isaac Newton…
DONG Energy (Danish Oil and Natural Gas) has proposed to change its company name to Ørsted, following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production. Turbine…
The Society of Petroleum Engineers (SPE) Aberdeen Section has now opened entries for the 32nd Offshore Achievement Awards (OAA). The OAAs were launched during last month’s SPE Offshore Europe and are supported by OE. Categories remain similar to last year’s line up…
Petrobras has signed a heads of agreement (HoA) with Norway's Statoil to commit to assessing cooperation opportunities aligned with their business strategies relating to deepwater mature fields. The agreement is in continuity with a memorandum of understanding signed in August 2016…
i3 Energy has submitted its field development plan and environmental statement (ES) for the development of the Liberator field in the UK North Sea. i3 plans to tie the field into the Blake field host infrastructure, then through the…
Having a power hub, to supply future Barents Sea developments, could help operators mitigate CO2 emissions – and the regulations that they could come up against. Marius Kluge Foss, of Rystad Energy, explains. The Barents Sea is the last Norwegian oil province with anticipated future growth…
The Internet of Things could help transform drilling rig technology, but it isn’t a panacea, warns a Transocean official. Karen Boman reports. Gutierrez Though a lagging indicator…
Alpha Petroleum is proving that there’s room for small independents to make their mark in the UK North Sea. Elaine Maslin looks at the firm’s Cheviot field plan. Image from Centrica. Some fields get a second chance…
With oil prices expected to remain low, decarbonization targets looming and infrastructure nearing the end of its life, is it time for the North Sea industry to start taking carbon capture and storage seriously? Emma Gordon reports from SPE Offshore Europe…
Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell’s Olympus platform. Photo from Shell's Flickr…
Deep sea minerals have been seen as a potential new source for in demand metals and rare earth elements. Offshore sector firms are eyeing the potential for a new revenue stream. Elaine Maslin reports. Many are looking to a new resource…
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