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Wood Group inked for Brent Bravo decom prep

May 16, 2017

Shell has awarded Wood Group a contract in support of its decommissioning the Brent Bravo platform in the UK North Sea. Effective immediately, Wood Group will prepare the platform for removal via a single lift using the Pioneering Spirit heavy lift vessel…

WoodMac survey shows cautious optimism on oil prices

May 15, 2017

A recent Wood Mackenzie survey finds that 80% of oil and gas operators expect oil prices to reach the US$50-$60/bbl range this year.  Despite optimism over oil prices, survey respondents remain very cautious right now, with little appetite for risk…

LQT inks GoM, South America work

May 15, 2017

LQT Industries has been awarded multiple Gulf of Mexico projects including aluminum accommodation rental packages, construction, and refurbishment projects. LQT is providing aluminum accommodation packages for major oil and gas operators on two separate offshore platforms…

Odebrecht names new CEO

May 15, 2017

Odebrecht has named Luciano Nitrini Guidolin as the company’s new chief executive officer (CEO), replacing Newton de Souza. Guidolin will continue the business restructuring process and meet the challenge of bringing Odebrecht back to…

Premier's Catcher on track

May 15, 2017

Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…

Eni brings Jangkrik online off Indonesia

May 15, 2017

Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…

Centrica invests in Chestnut field

May 15, 2017

Centrica is investing £35 million in the North Sea Chestnut field, drilling a new production well which aims to more than treble production. The well is expected to also extend the life of the field, which otherwise would have been shut in later this year…

Australian government announces lease round

May 15, 2017

The Australian government’s annual Offshore Petroleum Exploration Acreage Release has been announced with 21 areas on offer. The areas are across eight sedimentary basins in Commonwealth waters offshore of Northern Australia, Western Australia…

Report mostly supports Bight exploration

May 15, 2017

Members on an Australian Senate Inquiry have mostly supported oil and gas activities in the Great Australian Bight, subject to robust regulatory standards, says the Australian Petroleum Production & Exploration Association (APPEA). The…

Ophir's Ayamé well dry

May 15, 2017

Ophir Energy's Ayamé-1X exploration well offshore the Ivory Coast found oil, but not in significant quantities.  The well, in block CI-513, reached a total depth of 5394m true vertical depth sub sea.  The well was targeting a number…

Atlantis, Hyundai sign partnership agreement

May 15, 2017

Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…

Seabed mineral mining act consultation in Norway

May 15, 2017

The Norwegian Petroleum Directorate (NPD) has launched a consultation on a new act on mineral recovery on the Norwegian Continental Shelf.   The move comes after the ministry took over responsibility for the exploration and recovery of…

Support for new subsea test centre

May 15, 2017

A new center of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise.  Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain…

Repsol's Stordal comes up dry

May 12, 2017

Repsol Norge has come up dry at the Stordal wildcat in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map of Stordal in PL 705, from the NPD. Upon completing drilling operations at Stordal (well 6705/7-1)…

Total inks deepwater Mauritania deal

May 12, 2017

Total has signed up to explore another deepwater block offshore Mauritania that the French giant says is in a high-potential zone. Image from Total. Total inked an exploration…

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