Shell has made a major discovery in the US Gulf of Mexico (GOM), the firm revealed as part of its 1H results this morning. The firm said initial estimated recoverable resources for the Fort Sumter well is more than 125 MMboe. Further…
Norwegian offshore support vessel firms Solstad Offshore and REM Offshore are to merge, creating a company with 62 vessels. Solstad will offer new shares to fund the deal, with REM's shareholders due to receive a share of them. 'The…
First gas on one of the largest recent discoveries in the North Sea has been delayed, according to partner Centrica Energy. The firm said that first gas on the four-platform Cygnus development project in the southern North Sea is now expected in Q4 this year…
Gulf of Mexico-focused Deepwater oil exploration and production company Venari Resources has acquired an additional 7% stake in the Shenandoah field on Walker Ridge Blocks 51, 52 and 53. The company has also reported successful results from the Shenandoah #5 appraisal well…
The Norwegian Petroleum Directorate (NPD) has granted Det norske a drilling permit for well 25/2-18 S on PL 442 in the central North Sea. The well, targeting the Langfjellet prospect, will be drilled using the Maersk Interceptor jack up drilling rig…
Dutch firm Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector: topside decommissioning, offshore platform removal (up to 1600-tonne)…
BP, operator of the Tangguh LNG (liquified natural gas) project, awarded Saipem a contract for offshore work related to the Tangguh LNG Expansion Project. The award is for the engineering, procurement, construction and installation of offshore facilities…
The Eirik Raude semisubmersible was used to drill ExxonMobil’s 2013 Dunquin well. With the entry of major operators, could the time finally be ripe for the Irish Offshore? Elaine Maslin reports…
TIdal turbine maker OpenHydro, a DCNS company, is part of a consortium which has been selected by the Japanese Ministry of the Environment to supply a tidal turbine system for installation at Naru Strait, Goto City, Nagasaki Prefecture. The consortium includes Kyuden Mirai Energy Co…
The opportunities around implementing intelligent energy (IE) technologies are quite vast and the potential just as significant for the oil and gas industry. But, commercial and business models are not necessarily aligned to adopting IE…
Oil majors Statoil, Eni, Total and ExxonMobil have submitted rival bids for three exploration blocks offshore Cyprus in the country's 3rd Licensing Round. Three blocks - 6, 8 and 10 - in the Mediterranean Sea were put on offer, with six applications made…
Norway's Statoil has made a gas condensate and oil discovery southwest of the Oseberg Sør facility in the North Sea, according to the Norwegian Petroleum Directorate (NPD). The discovery, in production license 035/272, was made through the wildcat wells 30/11-14 and 30/11-14 B…
The US Bureau of Safety and Environmental Enforcement (BSEE) has issued recommendations for safety measures developed from the investigations into two offshore incidents involving the use of hydraulic casing jacks, where one incident resulted in a fatality…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
Independent explorer Tullow Oil has returned to a profit and is looking forward to first production on its TEN project offshore Ghana next month, on schedule, and focusing its exploration efforts on South America. TEN, a floating production…
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