Jakob Stausholm resigned from his position as member of the board of directors in Statoil with immediate effect, to avoid potential conflicts of interests following his new appointment as CFO of the Maersk group. Stausholm takes up his new position on 1 December 2016…
Wreckage from the Chevron helicopter crash has been found, along with one of the missing persons from the deadly accident that occurred last week. Image from iStock. According to Chevron subsidiary Cabinda Gulf Oil Co…
In this video, Statoil shows a timelapse of installation work at Aasta Hansteen conducted by Subsea 7. Pipelines, risers and spools were installed and hooked up to subsea templates and umbilicals that were installed last year. The…
The National Offshore Petroleum Titles Authority (NOPTA) has received applications from Australian companies, Bass Strait Oil and Oil Basins, to surrender their joint interest in permit Vic/P41 in the offshore Gippsland Basin. Both parties…
Malaysia's MISC Berhad has launched arbitration proceedings against Shell to seek resolution on contractual disputes worth some US$245 million concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS)…
Norwegian geoscience firm Spectrum has entered into an agreement with the administrator of the Dolphin estate to acquire the multi client 2D survey in Brazil Santos Campos and the 3D survey in Lebanon. The Norwegian entities of Dolphin…
The UK's new regulator, the Oil and Gas Authority (OGA), has now been established as an independent government company by the UK government. The move formalizes the transfer of the Secretary of State’s regulatory powers in respect of oil and gas to the OGA…
Dubai-based rig builder and engineering firm Lamprell's new CEO Christopher McDonald has taken up his role as firm enters 'challenging period.' James Moffat, who has been in the role of CEO since March 2013, has stepped down but will…
Aker BP has agreed to acquire interests in eight licenses from Tullow Norge, including 15% in the Centrica-operated Oda (previously known as Butch) discovery in PL 405 on the Norwegian North Sea. Aker BP - a new company formed from the…
BP is estimating that 95 tonne, equivalent to nearly 700 bbl, has been spilled into the North Sea as a result of a leak at the UK giant's Clair platform. 'Both direct observation from surveillance flights and oil spill modelling continue…
Jerry Lee looks into Arctic-rated safety equipment that seeks to make it eaiser to comply with regulations around the globe. Arctic capping stack with remote BOP control and intervention subsea accumulator module…
How offshore assets are visualized has taken a leap forward with photographic technology that helps to create point clouds. Elaine Maslin reports. Turning photos into point clouds. Images from Return to Scene…
FEA and CFD don’t have to break the bank, especially with open source tools now entering the market. Abercus’ Steve Howell explains. Diesel exhaust plume dispersion. Images from Abercus. It…
In a short period of time, drones have shot to popularity as a tool for offshore oil and gas facility inspection. Elaine Maslin profiles the technology and its providers. Flying high. Image from Sky-Futures…
Elaine Maslin details Statoil’s journey towards the resident ROV – using an existing ROV design. The Merlin UCV. Photo from IKM Subsea. The concept of the subsea resident remotely operated vehicle (ROV) has been around for some time…
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