Global Maritime signed a memorandum of understanding (MoU) with a number of leading Taiwanese organizations to develop closer cooperation on offshore wind technologies including marine warranty surveys, inspections and testing services. From…
Hyperdynamics failed to encounter hydrocarbons at its Fatala-1 well offshore the Republic of Guinea in Northwest Africa, in what the company thought was to be a “potential world-class hydrocarbon discovery.” Map from Hyperdynamics…
Norway’s Petroleum Safety Authority (PSA) has granted Repsol Norge consent to use the Rowan Stavanger jackup for permanent plugging of wells on the Varg field. Rowan Stavanger. Image from Rowan…
Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area. Map from Empyrean. The company finalized the preliminary…
Aibel lifted the final three modules into place for the Johan Sverdrup drilling platform earlier this week. The platform arrived in Haugesund on 5 September, where the facility will remain for hook-up and preparation work, until it is handed over to Statoil in mid-2018…
Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…
LLOG Exploration Co. is moving forward to develop its Buckskin project in the deepwater Gulf of Mexico, signing a deal with Seadrill for the West Neptune to begin work later this year. West Neptune…
Heerema Marine Contractor’s iconic semisubmersible crane vessel Hermod is set to retire after a 40-year operational service history. Hermod's first job in 1979, installing the Piper A platform topsides in the UK North Sea…
The one biggest challenge facing the industry – apart from trying to make it profitable – is attracting new young talent, says the former CEO of North Sea independent Premier Oil. Nigel Wilson, who left Premier Oil in 2015, and is now…
Job losses in the industry have slowed to about 13,000 in 2017, compared to almost 60,000 in 2016, according to a new report by Oil & Gas UK. The Economic Report 2017, which was released at an SPE Offshore Europe business breakfast on Wednesday…
In just seven months since launching, The Oil & Gas Technology Centre (OGTC) has inked £12 million in investment in 21 projects, gained 40 members and is now set to open its Innovation hub, aimed at new breakthrough solutions, the centre revealed during SPE Offshore Europe on Tuesday…
Embracing the fourth industrial revolution through digital technologies will help the oil and gas industry reduce operating costs, but could be money misspent on “shiny new toys” if not combined with other changes, delegates at Tuesday’s SPE Offshore Europe business breakfast were told…
Aker Solutions secured a front-end engineering and design contract from Nexen Petroleum UK for a second phase development of the UK’s highest producing oil field. The study on the Buzzard field development includes the design of the subsea manifolds and pipelines…
Upstream has fallen behind its “poor cousin” downstream in terms of performance, according to Simon Flowers, Chairman, Energy and Chief Analyst, Wood Mackenzie. “Over the last six years (2010-2016), upstream has had shocking performance…
Subscribe
