In just two days’ time, work putting together one of the biggest and heaviest jigsaw puzzles you could imagine is due to start offshore Shetland in the UK North Sea. Mariner topsides. Images from OE Staff…
Erin Energy’s farm-out agreement with FAR Ltd. for Blocks A2 and A5 offshore The Gambia in West Africa has been approved by The Gambia’s government. Source: FAR Ltd. Under the agreement,…
Sevan Drilling has amended the delivery deferral period for the Sevan Developer cylindrical drilling rig until 30 June 2020, effective upon receipt of US$25.3 million plus interest from Cosco (Qidong) Offshore Co. Ltd. (Cosco). Sevan says that the receipt is expected by 31 July 2017…
Deepsea Stavanger. Image from Odfjell. Total E&P South Africa has awarded Odfjell Drilling a one well plus one optional well to be drilled by the sixth generation semisubmersible…
COSL Drilling Europe received a letter of intent (LOI) from Nexen Petroleum UK to carry out plugging and abandonment (P&A) work at the Ettrick and Blackbird fields in UK. The work, which will be conducted by the semisubmersible, COSLPioneer…
Advent Energy has submitted an environment plan (EP) to the National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA) for the planned 2D high resolution seismic survey in PEP11 offshore Sydney Basin, according to MEC Resources…
Bluestream has secured a five-year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. Image from Bluestream…
Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…
Trelleborg has created a seal that works inside a new product, which was developed by Subsea Technologies Ltd. (STL), the 2in Hydraulically Retractable Subsea Coupler. Image from Trelleborg. The…
Fugro has been awarded a further two-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. The new award follows Fugro’s successful completion of an initial 12-month contract for the oil major…
Simple tweaks to oilfield practice could provide the offshore industry with a more sustainable, money-saving solution to health and safety, environmental and commercial threats posed by harmful bacteria in subsea oil deposits, according to…
India's ONGC Videsh has signed definitive binding agreements with Tullow Oil to acquire a 30% stake in a license offshore Namibia, marking its entry into the Namibian offshore. Namibia Petroleum Exploration License 0037 covers Blocks 2112A…
According to latest figures from Oil & Gas UK, decommissioning is the only business area where expenditure increased last year on the UKCS, from just over US$1.2 billion (£1 billion) in 2015 to $1.5 billion (£1.2 billion) in 2016. Expenditure is expected to rise further in 2017 to around $2…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
GE Oil & Gas and Baker Hughes today (3 July) completed their planned merger, which will create an entity that offers GE’s digital solutions and Baker Hughes domain expertise as oilfield services provider. Source…