Mexico’s Petróleos Mexicanos (Pemex) is looking to turn its financial structure around in 2017 by placing, repurchasing, and exchanging bonds. Image from Pemex. Yesterday (3 October)…
Oil & Gas UK (Oil & Gas UK) appointed four new members to its board. Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director, North Sea and Exploration; and Bill Dunnett…
TGS has completed the acquisition of its 186,000km Gigante seismic survey offshore Mexico. The acquisition of this survey began in June 2015 with five seismic vessels contracted to acquire a dense, modern, long offset regional 2D seismic grid…
Aibel was awarded the modification assignment to ready the Heidrun platform to receive the production from the Dvalin field (formerly Zidane). The Heidrun platform (image: Øyvind Hagen/Statoil)…
Aker Solutions has secured two contracts worth at least US$112 million (NOK 900 million) from DEA Norge to deliver the subsea production system, maintenance and services at the Dvalin natural gas development offshore Norway. Dvalin illustration…
Seadrill Partners received a notice of force majeure from Tullow Ghana for the West Leo drilling contract effective 3 October 2016 that the company is disputing. Seadrill said it will move to enforce all its rights as per the contract and governing law…
Japan’s Inpex awarded Amec Foster Wheeler of a consultancy contract for the Ichthys Liquefied Natural Gas (LNG) project, the largest discovery of hydrocarbon liquids in Australia in the last 40 years. The scope of work involves Amec Foster…
DEA has submitted the plan for development and operation (PDO) for the Dvalin field (previously named Zidane) to the Ministry of Petroleum and Energy in Norway. Dvalin will be the company’s first operated field development project in Norway…
Airborne Oil & Gas has started a project to qualify thermoplastic composite pipe (TCP) for a deepwater jumper spool application for French operator Total. The non-corrosive and spoolable TCP aims to provide cost effective spools, well jumper…
The Wuchang Shipbuilding Industry Group yard in China has delivered two new Wärtsilä designed anchor handling tug supply (AHTS) vessels to China Oilfield Services Ltd. (COSL). The delivery of these two ships follows the success of the…
India’s Reliance Industries has elected to terminate its contract with Transocean for the Discoverer India ultra deepwater drillship at the end of the year. The rig provider announced Reliance’s exercise to its contractual option to terminate the effective December 2016…
Emerson has agreed to acquire UK-based Permasense Ltd., a provider of non-intrusive corrosion monitoring technologies for the offshore and onshore oil production, refining, chemical, power, pipelines, metals and mining and other industries…
Transocean has won a contract for the Transocean Barents harsh environment, ultra deepwater floater with Suncor Energy, offshore Canada. The 15-month contract has been set at a dayrate of US$260,000. The estimated contract backlog, excluding mobilization is $119 million…
ROVOP, an independent subsea remotely operated vehicle (ROV) service provider, has expanded its fleet of ROVs for the US region by taking delivery of a Seaeye Leopard electric work class ROV. The ROV will be added to ROVOP’s existing capability at its Houston base…
Hydraulic cutters and systems provider Allspeeds, the designers and manufacturers of Webtool, has developed a compact remotely operated vehicle (ROV) cut loop cutter for emergency activation of a blowout preventer (BOP). The Webtool cut loop…
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