Latest News - page 1871

 

Western Isles FPSO on stream

Nov 20, 2017

Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported.  The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…

Siem eyes sale of construction business

Nov 20, 2017

Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…

Argentina 2D seismic program underway

Nov 17, 2017

Spectrum reported on 14 November that its multi-client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina has commenced through the authorization of the Ministry of Energy and Minerals. The expected survey size is around 14…

Rosneft hails longest well

Nov 17, 2017

Rosneft, part of the Sakhalin-1 Consortium, has successfully completed drilling of the world's longest well, from Orlan platform at Chaivo field in the Sea of Okhotsk. The well, with horizontal completion, is 15000m-long (15km). Rosneft…

Soco Congo permits confirmed

Nov 17, 2017

SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers.  The…

Taqa inks inaugural contract for P&A specialist Well-Safe

Nov 17, 2017

Well-Safe Solutions has signed its first contract after launching in July this year. The Aberdeen-based specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets…

Energean, ONGC bid for Israel offshore blocks

Nov 17, 2017

Companies from India and Greece including ONGC and Energean are among those who have made bids for blocks in Israel's first offshore lidding round.  The round closed yesterday. Israel's Ministry of Energy said it had received bids from…

Aker inks Johan Sverdrup, Bauge, Utgard umbilicals

Nov 17, 2017

Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The order entails delivery of a total of more than 40km of subsea umbilicals.  'By combining…

Aker BP set for drilling in Norwegian North Sea

Nov 17, 2017

Aker BP has been given approval to drill exploration well 24/9-12 S on production license 340 in the Norwegian North Sea. The well, due to spud this month, will be drilled in about 120m water depth using the Transocean Arctic semisubmersible drilling rig of the Marosso 56 type…

OMV to drill Hades & Iris

Nov 17, 2017

OMV Norge is expected to start drilling on the Hades & Iris prospect in production licence 644 in the Norwegian Sea early next month (December) following approval from the Norwegian Petroleum Directorate for well 6506/11-10.  Drilling…

Anadarko plans $1.1 billion spend for deepwater GoM

Nov 16, 2017

Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…

Repsol moves on Yme, contracts for Maersk and Kvaerner

Nov 16, 2017

Repsol Norge is moving forward with a new attempt to develop the Yme field offshore Norway.  The firm has awarded a contract to Maersk Drilling for use of the combined drilling and production jackup Mærsk Inspirer for five years, with a five-year extension…

Emerson chases Rockwell with $29 billion offer

Nov 16, 2017

St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…

Lux Assure launches corrosion detection service

Nov 15, 2017

Lux Assure has re-developed its CoMic technology to create an operator-deployable corrosion inhibitor micelle detection tool. The development of CoMic was inspired by technologies being used in the life sciences and was first deployed in 2012…

GE weighs Baker Hughes exit

Nov 15, 2017

Just months after GE and Baker Hughes completed their high-profile merger in July this year, GE's new CEO John Flannery has told investors on 13 November that the company is looking at its exit options regarding the newly combined business…

Current News

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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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