Eni has finalized a farm-in agreement with Total to acquire 50% stake in the French company’s Block 11, offshore Cyprus. Map of Block 11, from Total. “With this transaction Eni further reinforces its own position in the country…
Norway's Petroleum Safety Authority (PSA) has granted Statoil consent to drill a fourth well at Snøhvit with the Songa Enabler semisubmersible vessel in the Barents Sea. The Songa Enabler. Image from Songa Offshore…
Norway’s Petroleum Safety Authority (PSA) has identified regulation breaches following its investigation into a fire that broke out on Statoil’s Statfjord A platform in October 2016. Statfjord A…
Advent Energy has engaged Minev Services to deliver the proposed 2D seismic program within PEP11 in the offshore Sydney basin, according to MEC Resources. Through wholly owned subsidiary Asset Energy, Advent and joint venture partner Bounty Oil and Gas NL…
Polarcus announced a double win for the company, signing seismic projects off Australia and Africa. Offshore Australia, Polarcus will use one of the Polarcus X-bow vessel for a 3D marine seismic acquisition. The project is due to start in Q3 2017 and will run for approximately two months…
Overall spending on the UK Continental Shelf is expected to fall 3% compared to last year, to £17 billion, as projects continue to struggle, while exploration remains at a record low, according to a new report. But, new capital investment…
UK independent explorer Cairn Energy has completed drilling on its latest Shelf North Edge well, or SNE-5, and is getting ready for its next target, offshore Senegal. Cairn says the initial results on the SNE-5 well were in line with expectations and drilling…
Weatherford International has shaken up its executive team with the appointment of Mark McCollum as president and CEO of the company, effective April 2017. The company's interim CEO Krishna Shivram has resigned from Weatherford, effective immediately…
The US Department of the Interior (DOI) announced its first lease sale under the Trump Administration’s new Outer Continental Shelf Oil and Gas Leasing Program for 2017-2022 (Five Year Program), offering 73 million acres in the Gulf of Mexico (GoM) this summer…
Trelleborg’s offshore operation has formalized its Drill Riser Buoyancy Module (DRBM) repair offering for the Gulf of Mexico (GoM) through its partnership with the Deepwater Riser Services division of Chet Morrison Contractors. Trelleborg…
Erin Energy signed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig at its Oyo-9 well on the deepwater Oyo field, offshore Nigeria. Image of the Pacific Bora…
Bosch Rexroth has received an order from GustoMSC to engineer, manufacture and commission the drive and control system for GustoMSC's most recent model in its series of continuous jacking systems. It is intended for a Japanese construction vessel…
Dr. Toshiyuki Shigemi has been appointed as executive vice president as well as executive director of ClassNK. Image of Shigemi, from ClassNK. Yasushi Nakamura has stepped down as senior executive vice president…
Trelleborg has secured a contract for the supply of floatover equipment for a major offshore oilfield development project in the United Arab Emirates (UAE), the firm announced today (6 March). The contract spans the project’s second of three engineering…
EMAS' Lewek Constellation. Photo from EMAS Chiyoda Subsea. EMAS Chiyoda's bankruptcy announcement in late February is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015…
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