Vaalco Energy’s experienced a 72% increase in its revenue in Q2 2016, in addition to a new setback offshore Gabon with another failed electrical submersible pump (ESP) on the Avouma platform. Map from Vaalco…
Statoil is planning to develop the 56.4 MMboe UK/Norwegian gas condensate Utgard discovery via a subsea development. The US$410 million (NOK 3.5 billion) project will see two wells, one on each side of the median line between the UK and Norwegian North Seas…
The Songa Enabler drilling rig has started drilling a new injection well for CO2 gas on the Snøhvit field in the Barents Sea, off the coast of Hammerfest, Norway. Once complete, the rig will then drill the first new production well in the field since it came on stream in 2017…
Allseas’ huge single-lift installation/decommissioning and pipelay vessel Pioneering Spirit has successfully installed a 5500-tonne test platform topsides on a substructure in the K-13 field in the Dutch sector of the North Sea. The installation was completed on Sunday 7 August…
Wintershall Norge has started drilling wildcat exploration well 35/11-20 B using the Borgland Dolphin drilling rig in production license 248 F in the Norwegian North Sea. It is the latest well on the license, following well 35/11-20 A…
Paragon Offshore and its lenders have entered into an agreement to revise the company's restructuring plan in hopes to emerge from its bankruptcy process later this year in October. The Paragon MSS1…
Royal IHC has appointed Dave Vander Heyde as its new CEO effective 1 September, as the current CEO, Bram Roelse steps down from the role on the same day. Heyde has been CFO at IHC since 2011. Accustomed to the challenges the company is facing…
Italian giant Eni has gained operatorship of frontier exploration licence (FEL) 3/04 in the southern Porcupine Basin after supermajor ExxonMobil elected to withdraw from the license, according to partner Providence Resources. Following ExxonMobil’s withdraw…
In this video from Det norske oljeselskap, the company shows a time-lapse of the topside installation on Ivar Aasen on the Norwegian Continental Shelf. The 15,000-tonne topside, which was installed late last month, has now been installed on the jacket…
Marine energy is a sector which has faced its fair share of ups and downs. That said, there remains much to be positive about in both wave and tidal energy in Scotland. Both industries have taken enormous strides forward in the last 12 months…
Timing is all-important when repairs to a busy drillship are the order of the day. When Pacific International Drilling West Africa’s (PIDWAL) drillship Pacific Bora suffered damage to the starboard aft hull off the coast of Nigeria, PIDWAL…
Add Energy, an international oil and gas upstream consultancy, has agreed a new global maintenance build data centralisation contract with BP. The contract, valued at approximately £15M, is expected to secure jobs for at least 30 people over the next three years…
A semisubmersible drilling rig has grounded on the Isle of Lewis, off the far west of Scotland, according to the Maritime and Coastguard Agency (MCA). The rig, Transocean's Transocean Winner, was being towed at the time, but the tug,…
Allseas mega-vessel Pioneering Spirit has left its berth at the Maasvlakte 2, Rotterdam, to perform offshore trials ahead of its first commercial operation in the Norwegian North Sea (see video below). Crowds of people turned out to watch as huge…
Russia’s Lukoil is moving the jackets for the offshore ice-resistant stationary platform #2 from the port of Astrakhan to the Filanovsky field in the Caspian Sea. The platform is intended for drilling and operation of wells within the second stage of field development…
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