McDermott International opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its existing workforce in the Kingdom. Image from McDermott. The new…
Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…
Anadarko Petroleum posted a net loss of US$830 million in Q3 2016, as the US independent moves forward with its deal with Freeport McMoRan (FCX) and shifts its focus to oil with the deepwater Gulf of Mexico on its priority list. Walker…
Novenco has signed a contract with Singaporean contractor SMOP for delivery of HVAC equipment of air handling units (AHUs), fans and cooling equipment for the construction of the three platforms in the Culzean gas field in the UK sector of the North Sea…
WFS Technologies and TSC have launched Seatooth ACFM (alternating current field measurement), a wireless smart non-destructive testing monitoring solution designed to reduce subsea inspection costs. TSC‘s ACFM array probe is a well-established…
Click to view larger. Source: Dominican Republic Ministry of Energy and Mines. The Dominican Republic's Ministry of Energy and Mines reported six areas on- and offshore that could be the starting…
DONG Energyawarded UK firm JDR Cables their biggest array cable contract to date, to supply subsea power cables for Hornsea Project One offshore windfarm in the North Sea, off the coast of England. With a capacity of 1.2 GW, when built…
In this video, Exxon shows a timelapse video of the construction of the Hebron gravity based structure (GBS), which took about five years to build. Exxon's Hebron heavy oil project off Newfoundland and Labrador, Canada, sits in the Jeanne d’Arc basin about 350km southeast of St…
Houston headquartered Hyperdynamics has signed a letter of award with drilling contractor Pacific Drilling for use of the Pacific Bora drillship on a deepwater drilling campaign offshore Guinea, West Africa, starting Q2 2017. The unit…
A recently formed subsea services business has secured private equity investment in order to buy a fleet of 32 remotely operated vehicles. Aberdeen- and Houston-based M² Subsea was able to buy the fleet from the administrators of failed…
UK firm Automated Ships and Norway’s Kongsberg Maritime have signed a memorandum of understanding to build the world’s first unmanned and fully-automated vessel for offshore operations. In January 2017, Automated Ships will contract the Hrönn…
Solstad Offshore has taken delivery of the Normand Maximus and started it on its eight-year charter contract with Italy's Saipem. The Normand Maximus was developed in close collaboration between Solstad, Saipem and shipbuilder Vard…
Statoil says it is aiming for production startup on its Trestakk discovery in the Norwegian Sea in 2019. The firm, which today submitted a plan for development and operation of the field, says the project will cost about US$610 million (NOK5…
Offshore Ireland explorer Providence Resources has inked a letter of intent for use of a deepwater drilling rig to drill on the deep water Druid prospect in the southern Porcupine Basin in 2017. The Druid prospect is in Frontier Exploration…
Russia's President Vladimir Putin inaugurated first oil from the Vladimir Filanovsky field in the Caspian Sea yesterday (31 October). The V. Filanovsky field, discovered by Lukoil in 2005, is Russia’s largest oil discovery for the past 25 years…
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