Statoil’s Troll field is about to see a natural gas increase of about 83 Bcm this month after the installation of two giant compressors at Troll A, offshore Norway. The US$1.2 billion (NOK 10 billion) project came in at $121 million (NOK 1 billion) under budget…
Shell Technology Ventures has invested in Dutch thermoplastic composite pipe firm Airborne Oil & Gas alongside German specialty chemicals firm Evonik and HPE Growth Capital (HPE). How much the three firms have invested in Airborne Oil & Gas (AOG) is undisclosed…
JX Nippon Oil and Gas Exploration (Malaysia) has awarded Technip a subsea contract for the Layang field, Block SK10, offshore Sarawak, Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9…
The big four oil services companies released their 3Q 2015 reports this week and the news is a sign that things are not improving in the sector, and in particular in North America. However, globally, thousands more job cuts are expected. Halliburton…
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted Shell Canada the approval to begin its Shelburne Basin Venture Exploration Drilling Project, offshore Nova Scotia. The Stena IceMAX…
Image: RSV 3315 artist's design/Damen Shipyards Group The close working relationship between Delta Marine and the Damen Shipyards Group has produced a new vessel design – called a Damen Renewables Service Vessel 3315…
Although Houston-based FMC Technologies fell 22% in its 3Q 2015 revenue, the company managed to book US$1 billion in subsea orders, and added US supermajor Chevron to its 20k JIP. FMC ROV. Image from FMC Twitter…
Matt Kirk has been appointed vice president of operations at Wood Group Kenny, joining the regional leadership team in the Americas. With 17 years’ experience in the oil and gas sector, Kirk joins Wood Group Kenny from Xodus Subsea where he was managing director…
UK-based Ophir Energy commenced its two-well drilling campaign in the Gulf of Thailand with the spudding of the G4/50-10 exploration well on the Soy Siam prospect. Image: Offshore Thailand / Ophir…
Operator Centrica Energy Norway and partners have decided that the Butch discovery in the Norwegian sector of the North Sea will be developed as a subsea tie-in to the Ula field. With the selected subsea tie-in concept the Butch well…
The European Marine Energy Centre (EMEC) based in Orkney, Scotland, has strengthened its ties with China having signed a Memorandum of Understanding with organizations based in Qingdao to support the development of a marine energy test site in the area…
Landmark, a Halliburton business line and provider of software for the upstream oil and gas industry, and French geoscience firm CGG, today announced a geosciences technology collaboration. The collaboration will allow shared customers…
Floating offshore wind has the potential to deliver cost effective, secure and safe low carbon energy for the UK from the mid 2020s according to the latest insights report published by the UK's Energy Technologies Institute (ETI). With…
An accident onboard the drillship Pacific Santa Ana has left one worker dead. The news was confirmed by the US Bureau of Safety and Environmental Enforcement (BSEE), operator Chevron, and the drillship's owner, Pacific Drilling. The Pacific…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
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