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PV Drilling, KrisEnergy ink jackup deal

Sep 05, 2017

Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for use of the PV Drilling jackup rig for KrisEnergy in the Gulf of Thailand. PV Drilling I jackup. Image from PV Drilling…

Finder farms out big Carnarvon stake to Woodside

Sep 05, 2017

Finder Exploration has signed an agreement to farm-out 90% of its participating interest in exploration permit WA-520-P to Woodside Energy. The license is in the northern Carnarvon basin, offshore Australia’s North West Shelf, directly south of the Gorgon and Clio major gas fields…

DGE III hits at Rampart Deep

Sep 05, 2017

Deep Gulf Energy III (DGE III) has encountered hydrocarbon pay at the Rampart Deep well in the deepwater Gulf of Mexico, according to partner Stone Energy. Deepwater Asgard. Image from Transocean…

OE17: Rig upgrade contract signals optimism

Sep 05, 2017

Semco Maritime has won a contract to upgrade the West Elara jackup rig for a new, long-term assignment for ConocoPhillips, starting in 2018, in the Norwegian North Sea. The contract is the largest for Semco Maritime's Hanøytangen yard to date…

OE17: Decommissioning is an opportunity, says Treasury boss

Sep 05, 2017

Scotland could be at the forefront of the future of oil and gas through developing expertise in decommissioning, the Exchequer Secretary Andrew Jones, Exchequer Secretary to the Treasury, is due to tell SPE Offshore Europe this morning. The…

OE17: North Sea first for BiSN

Sep 05, 2017

Downhole sealing solutions firm BiSN has successfully completed its first North Sea project. The plugging and abandonment work in the Valhall field, offshore Norway, for Aker BP, used BiSN’s metal-to-metal downhole sealing solutions, BiSN (stand 6A21) told the SPE Offshore Europe Show Daily…

OE17: Roll your sleeves up

Sep 05, 2017

Despite taking the job as head of a new industry regulator, in the midst of what has become one of the industry’s worst downturns, Andy Samuel is still a man who sees opportunity on the UK Continental Shelf – but not without continued effort…

OE17: Aker launching MultiBooster

Sep 05, 2017

Aker Solutions (stand 5C100) is launching its MultiBooster, a new, up to 6MW subsea multiphase pump to help operators maximize production from existing oil and gas fields, at SPE Offshore Europe this week. Aker Solutions says the now qualified…

OE17: No more complacency?

Sep 05, 2017

Aberdeen City & Shire has been through a shock, these past three years. While the 4th industrial revolution is high on the agenda at this morning’s Aberdeen & Grampian Chamber of Commerce (AGCC) SPE Offshore Europe 2017 business breakfast…

OE17: Wood Group inks Inpex gig

Sep 05, 2017

Wood Group has won a five-year contract with INPEX Operations Australia to provide subsea engineering services for the integrity of the Ichthys LNG Project, offshore Western Australia. The operations of all subsea assets and the gas export pipeline will be supported under the contract…

OE17: Ben van Beurden - more work to be done

Sep 05, 2017

When it comes to oil industry heavy weights, the CEOs of Shell and BP are up there. At SPE Offshore Europe today, plenary session delegates will hear from both, alongside Wood Group CEO Robin Watson, in this morning’s plenary session. We caught up with Shell CEO Ben van Beurden in advance…

OE17: Expro inks Repsol MSA

Sep 05, 2017

Oilfield services company Expro (5D110) has secured a five-year master services agreement with Repsol Sinopec Resources UK, for well services across its UK North Sea assets, the firm revealed during SPE Offshore Europe. The contract is…

OE17: Brazil needs you!

Sep 05, 2017

Brazil has been and remains a key stone in the global offshore industry, not least when it comes to deepwater production. Despite the recent turmoil it has faced, including low oil prices, debt woes and the Operation Car Wash investigation…

OE17: Peak oil demand in 2022

Sep 05, 2017

Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the global energy transition until 2050.  While fossil fuel will still provide more than 40% Peak of the world energy demand…

North Sea: challenged economics

Sep 05, 2017

As SPE Offshore Europe opens its doors, petroleum economist Professor Alex Kemp gives his view on the outlook for the North Sea. Over the past three years the North Sea oil and gas industry has made a very painful adjustment to the dramatic fall in oil prices…

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