Innovating and being willing to do things differently could help save in excess of £100million of the cost of decommissioning its southern North Sea assets, says Anglo-French independent Perenco. But there is still plenty of scope for improvement…
The Carla South I-7 ST-1 sidetrack to the I-7 exploration well in Block I has encountered oil in good quality sandstones. The sidetrack in Block I in Equatorial Guinea has reached a total measured depth of 3,460 m. Drill cuttings, wireline…
Hyundai Heavy Industries and Fred. Olsen Energy are implementing DNV’s ISDS class notation for integrated software dependent systems on the semisub newbuilding Bollsta Dolphin. Key stakeholders discuss expectations and challenges. The…
MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
Gilbralter-base shipyard Gibdock has completed a refit of the seismic vessel WG Cook for WesternGeco. WG Cook is one of six 12-streamer 3D seismic ships delivered to the owner in 2010. The 19-day project was completed on time and with…
Hercules Offshore, Inc. announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets ('Inland Asset Package') for cash proceeds of approximately $45 million…
The US Senate has confirmed MIT physics professor Ernest Moniz as Barack Obama’s new Energy Secretary, replacing outgoing Secretary Stephen Chu. President Barack Obama congratulated Moniz on his successful confirmation hearing, where the Senate voted unanimously…
Newly founded IRM group Harkand has announced plans to buy Gulf of Mexico business Veolia Marine Services (VMS). The deal would add 150 onshore and offshore staff, based out of Houston, three dynamically-positioned multi-purpose vessels (MSVs)…
The IADC (International Association of Drilling Contractors) North Sea Chapter recognised the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen recently. “The Safety Awards Dinner is our opportunity…
Noble Energy has found 'significant signs of gas' on the Karish 1 well 75km north west of Haifi in Israeli waters, according to partners on the project. Delek Group said, according to information from Noble, 60ft of natural gas bearing…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
This year’s OMC conference ‘Charting a course in a changing sea’ attracted more than 560 companies from 30 countries to Ravenna, Italy, for 26 technical sessions and 120 speakers. But the changing gas market was on everyone’s mind. US shale gas…
Aberdeen-based Bibby Offshore recently completed hyperbaric evacuation trials on its DSV fleet, which includes the Bibby Sapphire, Polaris and Topaz. Bibby is the first company to carry out this procedure on its entire fleet and the only…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
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