McDermott International opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its existing workforce in the Kingdom. Image from McDermott. The new…
Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…
Anadarko Petroleum posted a net loss of US$830 million in Q3 2016, as the US independent moves forward with its deal with Freeport McMoRan (FCX) and shifts its focus to oil with the deepwater Gulf of Mexico on its priority list. Walker…
Novenco has signed a contract with Singaporean contractor SMOP for delivery of HVAC equipment of air handling units (AHUs), fans and cooling equipment for the construction of the three platforms in the Culzean gas field in the UK sector of the North Sea…
Click to view larger. Source: Dominican Republic Ministry of Energy and Mines. The Dominican Republic's Ministry of Energy and Mines reported six areas on- and offshore that could be the starting…
In this video, Exxon shows a timelapse video of the construction of the Hebron gravity based structure (GBS), which took about five years to build. Exxon's Hebron heavy oil project off Newfoundland and Labrador, Canada, sits in the Jeanne d’Arc basin about 350km southeast of St…
A recently formed subsea services business has secured private equity investment in order to buy a fleet of 32 remotely operated vehicles. Aberdeen- and Houston-based M² Subsea was able to buy the fleet from the administrators of failed…
Statoil says it is aiming for production startup on its Trestakk discovery in the Norwegian Sea in 2019. The firm, which today submitted a plan for development and operation of the field, says the project will cost about US$610 million (NOK5…
Russia's President Vladimir Putin inaugurated first oil from the Vladimir Filanovsky field in the Caspian Sea yesterday (31 October). The V. Filanovsky field, discovered by Lukoil in 2005, is Russia’s largest oil discovery for the past 25 years…
The tidal industry’s high water mark is set to be made next year. Many hope it will be a turning point for an industry still facing many challenges. Elaine Maslin reports. Atlantis’ AR1500. Photo from Atlantis…
Daniel Sack, of EMAS Chiyoda Subsea, has spent three decades in the oil and gas industry following and participating in the next big step changes in technology – one subsea project at a time. Audrey Leon found out more. Daniel…
A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…
The drill floor robot is no longer a vision, it’s a reality and it’s going to start operations offshore Norway next year. Elaine Maslin reports. The world’s first drill floor robot installed at the Ullrigg Drilling and Well Centre…
EIC’s Neil Golding outlines activity in East and South Africa. Houston-based independent Anadarko made its first gas discovery at the Offshore Area 1 block offshore Mozambique in 2010. The discovery, along with Eni’s major finds, mean…
Talk of an IT and OT convergence has been increasing, including in the oil and gas business. Elaine Maslin reports. 'The first thing people need to realize is there’s an ugly job to do and [they need to] roll up sleeves,” says Duncan Irving…
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