Latest News - page 1825

 

The future floats

Jul 01, 2017

Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project.  Image from Statoil. This year, floating offshore…

Time for an intervention

Jul 01, 2017

Well intervention spending has been hit harder than other areas, but it is not due to a lack of opportunities. Elaine Maslin reports.  Island Offshore’s Island Frontier. Image from Island Offshore…

Going rigless

Jul 01, 2017

Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for rigless plugging and abandonment operations. Rig-Free heavy-duty pulling and jacking unit…

The last frontier

Jul 01, 2017

EIC’s Andrew Scutter details the challenges and opportunities present offshore Senegal and Mauritania. Senegal Discoveries Map.Image from Far Ltd. During a challenging period for the industry…

Caught between worlds

Jul 01, 2017

Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…

Baker Hughes stockholders approve merger

Jun 30, 2017

Baker Hughes stockholders voted 99% to approve its merger with GE Oil & Gas, the company announced today (30 June). The company says that shares voted at the meeting represent approximately 86% of Baker Hughes' shares outstanding as of the record date for the meeting…

Hurricane to raise $520 million for Lancaster

Jun 30, 2017

Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland.  The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…

Subsea 7 acquires EMAS Chiyoda Subsea assets

Jun 30, 2017

Subsea 7 has acquired parts of EMAS Chiyoda Subsea (ECS), following the firm's fall into Chapter 11 bankruptcy proceedings in the US. The Lewek Constellation. Subsea…

DOI seeks insight for new OCS lease plan

Jun 29, 2017

The U.S. Department of Interior (DOI) is taking its first step in fulfilling the Trump administration’s pledge to expand Outer Continental Shelf (OCS) oil and gas leasing opportunities by submitting a request for information (RFI) to create a new 2017-2022 offshore lease plan…

BP to exit offshore Angola block

Jun 29, 2017

BP has decided to exit its 50% interest in Block 24/11 offshore southern Angola after concluding that its 2014 Katambi gas discovery there is not commercial. Due to the exit from Block 24/11 and other exploration write-offs in Angola…

Quadrant finalizing Phoenix tender

Jun 29, 2017

Quadrant Energy is in the final stages of evaluating tenders for a semisubmersible to drill the Phoenix-3 South well offshore Western Australia in early 2018. Source: Carnarvon Petroleum The…

NPD greenlights Lundin Barents well

Jun 29, 2017

The Norwegian Petroleum Directorate (NPD) has granted Lundin Petroleum subsidiary Lundin Norway AS a drilling permit to drill a wildcat well in the Barents Sea. The company will drill well 7220/6-3 in Production License 609 using the Leiv Eiriksson semisubmersible…

BOEM rejects 10 Lease Sale 247 high bids

Jun 29, 2017

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Central Gulf of Mexico Oil and Gas Lease Sale 247, held on March 22 of this year. The…

VIDEO: Prelude FLNG sets sail for Australia

Jun 29, 2017

Shell's floating LNG behemoth Prelude has set sail from Samsung Heavy Industries' yard in South Korea. Shell described the sailaway as a 'significant milestone' for the project, the first production expected in 2018.  The huge vessel…

Wood Group wins White Rose work

Jun 29, 2017

Husky Energy has moved forward with its White Rose project offshore eastern Canada by awarding a multi-million dollar engineering contract to the UK's Wood Group. Wood Group will complete detailed engineering for the White Rose topsides…

Current News

Woodside to Operate Bass Strait Assets

Woodside to Operate Bass Strai

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Yinson, PTSC Get $600M Contrac

Bourbon to Deliver Next-Gen Crewboats for Eni’s Congo Operations

Bourbon to Deliver Next-Gen Cr

Inyanga Marine to Operate Hybrid Vessel for Offshore Wind Sector

Inyanga Marine to Operate Hybr

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine