The UK's offhsore regulator, the Oil and Gas Authority (OGA), has launched the 29th Offshore Licensing Round, with more than 1200 blocks on offer. The latest round has been set out to support the OGA’s objective of maximizing economic recovery…
Golar LNG and Schlumberger have formed a new joint venture, OneLNG, to rapidly develop low cost gas reserves to LNG. The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities…
Oil firms have shown a strong 'survival' reflex, achieving cash flow neutrality at US$50/bbl, but it's at the cost of investment and will damage growth, according to analysis by Wood Mackenzie. The firm says 56 companies covered in its…
Nearly 400 members of Unite and RMT unions working for Wood Group across eight Shell oil and gas platforms in the North Sea have gone on strike today. The strike is the first in 28 years and is over a dispute over 30% pay cuts and changes to allowances…
The Norwegian Petroleum Directorate has granted Statoil Petroleum drilling permit for well 6407/7-9 S using the Songa Delta semisubmersible drilling rig. The well, also called Njord NF2, is in production licence PL 107 C, operated by…
Norwegian independent Det norske has marked the installation of the Ivar Aasen development topside. The 15,000-tonne topside has now been installed on the jacket, in two lifts using the Saipem 7000, on the Norwegian Continental Shelf…
UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery in Q2 2016, has been delayed due to an issue with equipment supplied by an original equipment manufacturer. According to a November 2015 presentation by Lamprell…
Technip has been awarded an inspection, repair and maintenance contract by Repsol Sinopec Resources UK on its North Sea subsea infrastructure. Under a frame agreement, Technip will provide diving support and IRM services for 2016, with possible extension to include 2017 and 2018…
Oceaneering International has completed its acquisition of Meridian Ocean Services. Meridian uses remotely operated vehicles (ROVs) to perform surveys on mobile offshore drilling units and floating production systems that satisfy the…
Morgan Advanced Materials, a materials engineering company, has added Hafnium Oxide (HfO) to its portfolio of advanced materials for the oil and gas sector as it aims to expand its market offering in line with evolving market demands. The material…
Forum Energy Technologies (FET) has opened a new plant near Houston expanding its syntactic foam manufacturing capabilities. The six-acre facility in Bryan, Texas, brings Forum’s Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth…
OneSubsea has ordered umbilical and accessories from French firm Nexans as part of work to develop the Greater Enfield development, off Exmouth, Western Australia. The project, worth around US$21.9 million (€20 million), will see Nexans' first product installed in Australia…
Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
SapuraKencana’s wholly-owned subsidiary, SapuraKencana Mexicana has been awarded a contract worth approximately US$113 million from Pemex. The contract is for the procurement and construction of a 36in, 18km-long sour gas pipeline (KMZ…
International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…
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