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Doing digitalization

Nov 01, 2016

Intelligent energy still means quite a lot of different things to different people, including the extent of its role in the oil and gas business. Elaine Maslin reports. In the spotlight at SPE Intelligent Energy: Judson Jacobs…

Going forward in reverse

Nov 01, 2016

Elaine Maslin reports on a new breed of service and operations vessels entering the market, which can go ahead and aft just as happily as they entered. Ulstein’s Windea La Cour, a new 88m-long service operation vessel…

Big projects, big opportunities

Nov 01, 2016

EIC’s Neil Golding outlines activity in East and South Africa. Houston-based independent Anadarko made its first gas discovery at the Offshore Area 1 block offshore Mozambique in 2010. The discovery, along with Eni’s major finds, mean…

Turning the tide?

Nov 01, 2016

The tidal industry’s high water mark is set to be made next year. Many hope it will be a turning point for an industry still facing many challenges. Elaine Maslin reports. Atlantis’ AR1500.  Photo from Atlantis…

NAVTOR upgrades GC Rieber fleet

Oct 31, 2016

GC Rieber, a specialist ship owner, operator and manager, has signed a fleet-wide agreement with NAVTOR for a total vessel navigation solution, spanning both paper and digital deliveries. NAVTOR, a provider of e-navigation technology and services…

SeaBird reaches Hawk Explorer decom agreement

Oct 31, 2016

SeaBird Exploration has reached an agreement for the sale and decommissioning of the vessel Hawk Explorer. The decommissioning of the vessel is a part of the company's efforts to reduce cost and adjust fleet capacity to better reflect current market demand…

Sky-Futures, Flyability launch Expanse-Elios package

Oct 31, 2016

Sky-Futures and Flyability have partnered up to bring to market a fully integrated solution for drone-based industrial inspection. The Flyability Elios is the collision-tolerant drone allowing access to complex and confined spaces where manned entry is not possible or desirable…

Mubadala, Petrofac sign Jasmine O&M contract

Oct 31, 2016

Mubadala Petroleum has reached agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (FPSO), which continued extension of the Jasmine development’s field life…

Woodside completes Senegal deal, FAR disputes it

Oct 31, 2016

Exploration firm Far Ltd. has disputed announcements by both Woodside Petroleum and ConocoPhillips that a deal between the two firms over assets in Senegal has completed.  The deal has seen Woodside acquire 100% of the shares in ConocoPhillips' Senegal business…

Kraken FPSO sets out for deep water

Oct 31, 2016

First oil on EnQuest's Kraken heavy oil field in the UK North Sea is on track for 1H 2017 after the floating production, storage and offloading (FPSO) vessel for the project set out for a deepwater anchorage.  Vessel operator Bumi Armada…

Statoil increases stake in Bryding

Oct 31, 2016

Statoil has agreed to acquire Wintershall Norge’s 25% interest in the 11 MMboe recoverable Byrding project on the Norwegian Continental Shelf (NCS). The move will increase Statoil's interest in the project (previously called Astero) from 45% to 70%…

OGA gets 29 applications for licensing round

Oct 31, 2016

The Oil and Gas Authority (OGA) has attracted 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS). The 29th frontier licensing round, launched on 27 July 2016…

GE, Baker Hughes to merge

Oct 31, 2016

GE and Baker Hughes are teaming up to form the “new” Baker Hughes, a company that will be led by current GE Oil & Gas CEO Lorenzo Simonelli and have dual headquarters in Houston and London. Image of Simonelli…

Statoil temporarily suspends Songa Enabler

Oct 31, 2016

Statoil decided to temporarily suspend the Songa Enabler mobile rig, which was originally scheduled for drilling for the Johan Castberg license. The Songa Enabler, from Songa. The…

EMAS takes loss in Q3

Oct 31, 2016

EMAS Offshore announced net loss of US$265.3 million for the full year ended 31 August 2016 due to revenue decline in its offshore support vessel (OSV) unit. Net loss for the three months ended 31 August 2016 stood at $98.5 million.The group recorded revenue of $167…

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