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Aquabotix launches hybrid AUV/ROV

Dec 13, 2017

Sydney, Australia-based UUV Aquabotix has launched a second-generation hybrid underwater vehicle, the Integra autonomous underwater vehicle/remotely operated vehicle). Single-person deployable, portable and battery-powered, the Integra…

Cue gives BP more time to take Ironbark stake

Dec 13, 2017

Cue Energy Resources has agreed yet another extension to BP's 42.5% equity option over the exploration permit containing the Ironbark prospect offshore Australia.  The extension on WA-359-P, as announced on 13 October 2016, is now extended until 25 April 2018…

Aker Solutions to modify module for Yme redevelopment

Dec 13, 2017

Maersk Drilling has picked Aker Solutions for modification work on a production module on the Maersk Inspirer jackup rig so that it can be used on Repsol's Yme field offshore Norway.  Repsol is looking to redevlop the field, after removing an existing platform facility…

Shut-in Forties pipeline costing $26m/day production losses

Dec 13, 2017

North Sea production shut-in due to a 'hairline' crack in a pipeline is costing operators US$26.68 million a day in lost production, according to industry body Oil & Gas UK.  The crack was found last week in an onshore section of the 235mi-long Forties Pipeline System (FPS)…

Tambar restarts production, investigation continues

Dec 13, 2017

Production has restarted from Aker BP's Tambar platform, offshore Norway, where a man died last week after in serious incident on the rig, which remains under investigation. Tambar is about 16km southeast of Ula facilities in 68m water depth in the Norwegian North Sea…

Halliburton launches Geometrix shaped cutters

Dec 12, 2017

Halliburton has released the Geometrix 4D shaped cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs.  “The launch of Geometrix cutters demonstrates our…

Eni ups resource estimate for Mexico’s Area 1

Dec 12, 2017

Eni now estimates Area 1 in Mexico’s Campeche Bay to contain between 1.4 to 2 billion boe – 90% of which is oil -- thanks to Eni’s successful Tecoalli-2 well and revision to the reservoir models for the Amoca and Mitzon fields. Mexico's…

VIDEO: World's largest spar, Aasta Hansteen, mated in Norwegian fjord

Dec 12, 2017

Against a backdrop of snow covered mountains around a Norwegian fjord, Statoil has overseen the mating of the world’s largest spar-platform, Aasta Hansteen. The 24-000 tonne topside was towed from Ølensvåg to Stord on the west coast of Norway…

Hairline crack shuts-in 400,000 b/d of North Sea production

Dec 12, 2017

A 'hairline' crack in the Forties Pipeline System (FPS), which in 2017 brought 40% of North Sea oil onshore to Scotland, has helped to push oil prices up, thanks to its operator INEOS deciding to shut down the system for repairs. The 235mi-long FPS is a major trunkline…

Santos moves to take stake in Beehive, Australia

Dec 12, 2017

Australia's Santos has agreed to partly fund and lead a new 3D seismic survey over the beehive prospect in Australia's Bonaparte Basin in return for an up to 80% farm-in option in the permit. Santos calls Beehive, which sits on the WA-488-P permit…

Hurricane updates on Lancaster EPS progress, works on schedule

Dec 12, 2017

West of Shetland fractured basement explorer Hurricane Energy says work on its Lancaster early production system EPS) floating production unit and turret in Drydocks World, Dubai, are on schedule.  The Lancaster EPS is a two-well tieback to a floating production…

Lamantin disappoints for Kosmos, Mauritania

Dec 12, 2017

Kosmos Energy's Lamantin-1 exploration well on Block C-12 offshore Mauritania has disappointed.  The well, drilled in 2200m water depth and to a total depth of 5150m, hit a water bearing reservoir with residual hydrocarbons. It is thought…

ExxonMobil assessing Equatorial Guinea well

Dec 11, 2017

ExxonMobil is assessing commerciality of the Avestruz-1 well, which struck oil in Block EG-06 offshore Equatorial Guinea, the nation's Ministry of Mines, Industry and Energy said today (11 December). Drilled in October by the West Polaris drillship in around 3400ft (1050m) of water…

OOS unveils world's largest semisub crane vessel

Dec 11, 2017

Dutch firm OOS International Group has signed a memorandum of understanding which paves the way for it to bring the largest semisubmersible crane vessel to the market. The new vessel, called the OOS Zeelandia (pictured), would be ordered from China Merchants Industry Holdings…

VIDEO: The Tyra redevelopment project

Dec 11, 2017

Maersk Oil and the Danish Underground Consortium are investing US$3.36 billion to redevelop Denmark’s principal gas field. Watch the video below or read more here

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