Subsea 7 received an early termination notice from Petrobras for the dayrate contract for the Seven Mar pipelay support vessel (PLSV). The rig was working offshore Brazil, and the contract was due to expire in 2018, however, ended effective 16 January 2017…
Petrobras has awarded the Brazilian built pipelay support vessel, Skandi Vitória, a contract of 532 days. The contract will commence in January. The vessel is owned through a joint venture together with Technip. Skandi Vitória is the first pipelay vessel built in Brazil…
Norway’s Petroleum Safety Authority (PSA) has carried out an audit of Statoil's management of the subsea compression project at Gullfaks. Map of Gullfaks, from Statoil. In 2015…
Global Energy Development (GED) has entered into two share purchase agreements to acquire a total of 11 offshore subsea service vessels, and a barge vessel, as it seeks to adopt a new business strategy focusing on the subsea oilfield services sector…
Recently formed Norwegian operator Aker BP has set out an ambition to discover a net 250 MMboe in reserves in 2016–2020. At a capital markets day, the firm said it is planning four operated exploration wells and three partner-operated exploration wells in 2017…
Independent Oil and Gas (IOG) has signed a memorandum of understanding (MOU) to acquire a currently disused pipeline in the southern North Sea and associated onshore reception facilities. The pipeline will provide the proposed export route for IOG's southern North Sea gas assets…
Japan's Inpex Corp. has formed an agreement with Abu Dhabi National Oil Co. (ADNOC) to extend the joint development of the Satah and Umm Al Dalkh oil fields offshore Abu Dhabi in the United Arab Emirates. Inpex subsidiary Japan Oil Development…
UK independent fractured basement reservoir explorer Hurricane Energy has started drilling on its Halifax well west of Shetland on the UK Continental Shelf. The well, being drilled using the Transocean Spitsbergen semisubmersible drilling rig…
Qinterra Technologies has been awarded a three-year wireline tractor and instrumented intervention services contract with a deepwater oil and gas operator in the US Gulf of Mexico, effective immediately. The scope of the contract includes tractor conveyance…
ExxonMobil’s double hit offshore Guyana this week has put the country in the spotlight with expectations of becoming a serious upstream player by early next decade, however, some roadblocks lie ahead, according to Wood Mackenzie. Map of Guyana…
Inpex awarded Fugro a five-year subsea inspection, repair and maintenance (IRM) services contract for the Ichthys project in the Timor Sea. Ichthys is about 220km from the coast of Western Australia. The contract, awarded by Inpex Operations Australia…
Italian operator Eni has been hit with a string of safety related orders from Norway's Petroleum Safety Authority (PSA) following 'serious' regulatory breaches on the Goliat facility in the Barents Sea. The PSA has ordered Eni to reassess its current plans…
Finalists for the 2017 Offshore Achievement Awards, supported by OE (Offshore Engineer) have been unveiled today. Hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, the annual awards recognize some of the industry’s…
CNOOC's shallow water Penglai 19-9 comprehensive adjustment project has started production. The Penglai 19-9 oilfield is in Bohai Bay, China, which has an average water depth of about 30m. The Penglai field, discovered in 1999, has been described as the largest offshore field in China…
Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard at Verdal. He will start in his new position 1 April 2017 at the latest. Previous EVP of Structural Solutions…
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