Aker Solutions has agreed to acquire oil-services provider Reinertsen for nearly US$25million in a move to build on its position as a leading maintenance and modifications supplier offshore Norway. Image from Aker Solutions…
Allseas’ Pioneering Spirit is in the process of testing new equipment, as the mega vessel readies for the decommissioning of Shell’s Brent Delta in the North Sea later this year. The Pioneering Spirit in pipleay mode…
Africa-focused Impact Oil and Gas farmed out 65% participating interest in a production sharing contract (PSC) and associated joint operating agreement in the AGC Profond block in the offshore joint development zone between Senegal and Guinea-Bissau to CNOOC UK…
Fugro entered a strategic alliance with Ground Structures Engineering Consultants to facilitate training for Guyanese citizens and support local economic development. Image of Charles Ceres from Ground Structures Engineering Consultants…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit the Alta appraisal well 7220/11-4 in the Barents Sea. Well 7220/11-4 in production license 609 will be drilled from the Leiv Eiriksson drilling facility. The…
The Deepsea Metro I drillship has set sail to the Galoc field, offshore the Philippines, with drilling operations expected to start on 31 March. The Deepsea Metro I. Image from Odfjell Drilling…
Newcomer Point Resources has entered the playing field as a mid-sized Norwegian exploration and production (E&P) company, signing a deal with ExxonMobil to acquire the supermajor’s operated upstream business in Norway. The Jotun A…
Schlumberger has opened a new purpose-built Production Technologies Center of Excellence aimed at solving customers’ global challenges related to oil and gas production chemistry, particularly those encountered in deepwater, heavy oil and other extreme environments…
Specialist subsea manufacturer, L&N Scotland has expanded its product portfolio with its latest product and service offering, the Synthesis system, to combat the current constraints faced by subsea operators during product integration stages…
Carnarvon Petroleum has increased its resource estimates by 32% at Quadrant Energy’s Phoenix South discovery offshore Western Australia, with hopes of reaching 1Tcf of gas and more than 100 MMbbl oil and condensate within an area. Phoenix…
Repsol Sinopec Resources UK has exercised a further four weeks of options for the Safe Boreas semisubmersible accommodation vessel, says Prosafe. The Safe Boreas will continue operations for Repsol Sinopec Resources UK at Montrose A in…
Sparrows Group has won a three-year deal to deliver fixed crane maintenance and lifting and rigging services for the Inpex-operated Ichthys liquefied natural gas (LNG) project in Australia. The agreement includes maintenance, servicing and inspection of lifting equipment and cranes…
McDermott Middle East launched a specialized on-the-job graduate training program exclusively for students from the Kingdom of Saudi Arabia (KSA). McDermott KSA graduates. Image from McDermott…
PT Medco Energi Internasional has gained a 35% participating interest in the South Natuna Sea Block B in Indonesia, following a deal to buy Inpex's Indonesian subsidiary Inpex Natuna Ltd. The agreement is between Japan's Inpex and PT Medco…
Cairn Energy has encountered oil at the Vega-Regulus (VR-1) well offshore Senegal, marking the company’s eighth successful well in the area since 2014. The Stena DrillMAX, from Stena. The…
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