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CNOOC Starts New Oil Production at Penglai Field

Sep 18, 2018

China's CNOOC Ltd started producing crude oil at 1/3/8/9 block of the Penglai 19-3 oilfield off north China's Bohai Bay, the company said in a statement on Tuesday.The new block currently has two wells in production and daily output is expected to reach a peak rate of 58…

ESVAGT Orders Two SOVs from Havyard

Sep 17, 2018

Danish shipowner ESVAGT and offshore wind farm developer MHI Vestas have sealed long-term contracts for the delivery of two new service operation vessels (SOVs) for separate wind farms off the Netherlands and the U.K.The wind farm service vessels will work the fields Borssele 3-4…

BW Adolo FPSO Produces First Oil

Sep 17, 2018

BW Offshore has announced that first oil from the BW Adolo FPSO was safely achieved on Sunday, 18 months after the initial investment was made in the Dussafu license offshore Gabon.'We have achieved first oil from the Dussafu license within budget and on schedule…

Reviewing Sapinhoá-Lula NE BSR System

Sep 17, 2018

The exploration and production of deepwater pre-salt plays offshore Brazil have triggered major technological challenges. Some reservoirs are located under 2,000 meters of water and have to be drilled through another 2,000 or so meters of salt…

Henderson Acquires HP Piping Solutions

Sep 17, 2018

Drilling rigs and capital drilling equipment sales and service provider Henderson said it has acquired high specification/high pressure fabrication company HP Piping Solutions in a move to further improve its service capabilities within the growing North American oil and gas market…

JIP on Single Phase Flow Meters Enters Phase II

Sep 17, 2018

DNV GL is now starting phase II of a Joint Industry Project (JIP) on single phase flow meters in phase-contaminated oil flow. Phase II of this JIP will focus on the influence of the oil fluid properties. This will involve testing different single…

Saudi Aramco to Spend Over $133 bln on Drilling Over Next Decade

Sep 17, 2018

State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday.'We will spend more than half a trillion Saudi Riyals on drilling activities over the next decade…

Offshore Wind: Fugro Starts Site Survey in the Baltic

Sep 14, 2018

Fugro has commenced a marine site characterization program at Iberdrola’s Baltic Eagle Offshore Wind Farm, in German waters of the Baltic Sea.Under a contract worth over €10 million ($11 million), Fugro will undertake a UXO survey to clear the investigation sites…

UKHO Names Armour Director of Customer Division

Sep 14, 2018

The UK Hydrographic Office (UKHO) has announced the appointment of Cathrine Armour as the new Director of its Customer Division.Armour brings experience in leading data, science and technology-centric organizations, and will be instrumental…

Seadrill CEO Eyes Rig Market Consolidation as Oil Prices Rise

Sep 14, 2018

Offshore rig owner Seadrill is prepared to make acquisitions if opportunities arise amid ongoing consolidation in the industry, the company's chief executive told Reuters.Competitor Transocean on Sept. 4 announced it was buying deepwater driller Ocean Rig for $2…

Total Bought 25% in Orinduik Block Offshore Guyana

Sep 14, 2018

Total says has exercised option to buy a 25 pct interest in Orinduik exploration block offshore Guyana.* Orinduik operated by Tullow Oil off Guyana contains an estimated 3 billion barrels of oil and gas, its partner Eco Atlantic said on Tuesday…

Samsung Heavy in Talks to Resolve Nigeria Industry Zone Dispute

Sep 14, 2018

The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by an industrial zone in the west African country where the company has been building a floating oil platform for Total, Samsung Heavy said on Friday…

Huisman Building Drilling System for CMHI

Sep 14, 2018

This week, China Merchants Heavy Industries (CMHI) awarded Huisman a contract for the engineering and fabrication of a drilling system which will be integrated and installed on the moored drilling semi-submersible constructed at CMHI Haimen…

The Digital Oilfield: New Research Leads the Way

Sep 14, 2018

The Oil & Gas Innovation Center (OGIC) is supporting three new research projects centered on how digitalization can improve efficiency and provide cost savings to the oil and gas industry.Three companies have teamed up with Robert Gordon University’s…

NASA Welding Technologies Could Revolutionize Workboat Fabrication

Sep 14, 2018

Solid-State Welding Processes Being Developed for NASA Manufacturing Programs Could Significantly Reduce Workboat Fabrication CostsWhether it is for a tug boat, cargo vessel, or an offshore supply ship, much of the workboat fabrication industry is located along the Southern Coast of the U…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

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DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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