Stampede subsea layout. Photo from Hess. A combination of LEAN business practices, technology, and a digital approach will enable Hess to bring online its Stampede tension leg platform project…
Mexico's National Hydrocarbons Commission (CNH) announced today that 25 companies have askes to sign up for the next deepwater round, Round 2.4, to be held on 31 January 2018. The companies that have signed up include those that have participated in previous rounds such as BHP…
Fugro started integrated survey work offshore India for the country’s oil and gas company ONGC, under a three-year contract valued at approximately US$7.7 million. The contract, awarded to Fugro for the third consecutive time, calls…
TechnipFMC and Petronas have signed a tripartite heads of agreement (THoA) to 'leverage' their respective resources in areas including enhanced oil recovery and unmanned equipment. The collaboration, involving Petronas Research and Petronas Technology Ventures…
Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea. The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company…
Norway’s Petroleum Safety Authority (PSA) has approved ExxonMobil’s handover of its operated fields on the Norwegian Continental Shelf (NCS) to Point Resources. The decision gives Point consent to use facilities at the Balder, Ringhorne…
Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and elsewhere, which include cooperation on upstream, LNG and downstream, with the purpose of developing a potential strategic alliance…
The first shipment from Chevron’s Wheatstone liquefied natural gas (LNG) project in Australia has set sail for Japan. Wheatstone is Australia’s first third-party natural gas hub, which will enable future development of natural gas resources offshore Western Australia…
DeepOcean's COO Ottar Mæland is to take over the responsibilities as acting CEO of DeepOcean. After leading the company through a successful ownership change, the current CEO of DeepOcean Bart Heijermans has decided to step down from his position…
Norway-based plug and abandonment firm HydraWell is targeting a technology to plug offshore wells without the support of a drilling rig. HydraWell has introduced PWC technology (perforate, wash and cement) to plug offshore wells in 2…
Aker Solutions has boosted its expertise in LNG by hiring four specialists who have worked on more than 30 LNG projects globally. Aker Solutions has been working in LNG and gas processing, technology and projects, since the 1970s…
The Dubai subsidiary of Scottish energy industry equipment manufacturer and service provider Flowline Specialists has recently completed work on a major subsea umbilical, riser and flexible (SURF) lay project in the Middle East. Flowline…
The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA). In a report “UK Oil and Gas: Reserves and Resources…
The continuous circulation of drilling fluids offers many benefits, including the control of bottom hole pressure along with enhanced wellbore cleaning and stability. In the current oil market scenario, these features become crucial requirements for personnel safety…
Subsea solutions company Kreuz Subsea has announced AJ Jain as CEO and Balaji Bhashyam as COO. Jain brings over 25 years of executive industry experience to the role having held a number of leadership positions in the oil and gas industry across the globe…
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