After years of delays and soaring costs, the first batch of export crude oil has been shipped from the giant Kashagan oil field. The development, in the north Caspian Sea, was hit by its latest set back last year, after issues with the…
PGS has added a further Cray XC supercomputer to its Houston Mega Center. The computer is named PGS Galois, after the French mathematician Évariste Galois (1811-1832), and comes in addition to the Cray XC supercomputer PGS Abel delivered last year…
French supermajor Total has made a small gas and condensate discovery in the northeast part of the Martin Linge field offshore Norway. Total estimates about 12-69 MMboe was found in the well, on production license 043, drilled using the Maersk Intrepid jackup in 115m water depth…
After a thoroughly no good, very bad, couple of years for Brazil, the country is on the path to reform, and the first part starts with the country’s coveted pre-salt. Audrey Leon reports on what the opening means for the country and its state-owned oil company…
As a direct consequence of persistently poor market conditions, Royal IHC, “is fine-tuning its strategy,” and letting go of 425 employees in The Netherlands. “Responding to market demand, activities in The Netherlands will focus on creating added value for customers…
Tullow Ghana awarded Sea Trucks a contract for the provision of a construction support vessel (CSV) providing accommodation and heavy lift services to the turret moored FPSO Kwame Nkrumahe, in the Jubilee area, 60km offshore Ghana. The…
Statoil is giving up on exploring the Reinga basin offshore New Zealand, following its three-year study of the area, which has shown low probability of a discovery. Map of New Zealand, from Statoil…
Eni’s Armada Olombendo floating production, storage and offloading (FPSO) vessel will soon sail away to the East Hub Development, offshore Angola, following its naming ceremony this week. A ceremony was held today (14 October) in Singapore…
Petronas Carigali awarded Technip a subsea contract for the Samarang Redevelopment Project Phase 2 EOR, offshore Malaysia. Under the terms, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines…
Tenaris opened a new premium threading facility in Aktau, Kazakhstan. The new plant will support Tenaris’s long-term agreement with Karachaganak Petroleum Operating (KPO), plus key operator Tengizchevroil (TCO) and will enhance service offerings…
AGR, an energy services and software company, has appointed Tore Øian to lead the company’s well management business in Norway. Øian has over 20 years’ experience in the oil and gas industry and has managed complex drilling projects for major operators including Statoil and Det norske…
Maersk Oil has awarded a long-term contract to Lloyd's Register (LR) for a comprehensive suite of asset integrity services to support the development of Maersk Oil’s offshore operations in an efficient, safe and environmentally responsible manner…
The 2MW SR2000 tidal turbine, developed and manufactured by Scottish engineering company Scotrenewables Tidal Power, has been installed on its moorings for the first time at the European Marine Energy Centre (EMEC), Orkney as part of site commissioning and testing…
CGG and Eidesvik Offshore have agreed to terminate the contract for the Viking Vision vessel effective immediately. The contract was due to end at the end of July 2017. According to Eidesvik, the payment of the charter rate will continue until July 2017…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
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