James Fisher Subsea Excavation, part of James Fisher and Sons, has brought the SP12000 mass flow excavation (MFE) tool to market to support clients with large scale excavations. The SP12000 produces more than 6-tonne of thrust at full power and a volume output of 12…
J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment of a platform well on the Ombrina Mare field offshore Italy for Rockhopper Exploration. The project was the firm's first offshore well management project…
Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin for US$20 million. LMG is a naval architecture as well as ship design and engineering house with offices in Poland and France…
Seadrill has received a notice of termination from Pemex for the West Pegasus drilling contract, effective 16 August 2016. Seadrill says it has disputed the grounds for termination and is reviewing its legal options. During Q2 2015…
Bollsta Dolphin, Fred. Olsen Energy and Hyundai Heavy Industries have resolved their dispute and differences relating to the newbuilding contract for the semisubmersible drilling rig Bollsta Dolphin. Ownership of the platform will be retained by HHI…
A semisubmersible drilling rig grounded off Scotland weeks ago could be floated off at high water tonight. Update here If the operation in Dalmore Bay, on the east coast of the Isle of Lewis, is a success, the Transocean Winner will be towed using two tugs to Broad Bay…
As Shell's Stones development inches closer to first production, the Anglo-Dutch supermajor released a video on how the company used 3D printing to ensure that the disconnectable buoy on the project came together flawlessly during the construction process…
Premier Oil and its partners in the upcoming shallow water bid round offshore Mexico are anticipating to go out to tender for a moored, semisubmersible rig for Block 7 in Q4 2016, the company revealed in its 1H 2016 report. Map of Blocks 2 and 7…
Supermajor BP has submitted its second environment plan for the Great Australian Bight to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), proposing the drilling of two exploration wells. Great…
The Block Island Wind Farm, operated by Deepwater Wind, has completed the construction phase, according to the firm's CEO Jeff Grybowski. The executive tweeted out a photo of the moment when the last turbine blade was installed on 18 August (Thursday)…
Woodside Petroleum is preparing for its Myanmar drilling campaign as soon as next year, after identifying 2.4 Tcf of gas in the area earlier this year. Coleman. Image from Woodside. “Our…
Israel’s Ministry of Infrastructures, Energy and Water Resources (MIEWR) will hold the country’s first offshore energy licensing round in November, offering two dozen blocks in the Eastern Mediterranean Sea, according to IHS Energy. The Tamar platform…
Independent Oil and Gas (IOG) has come up dry in Skipper’s secondary objective, and the company will plug and abandon the well. IOG completed its first operated appraisal well on its 100% owned and operated Skipper oil discovery which…
Norwegian giant Statoil has submitted its plans for the US$122 million (NOK 1 billion) Byrding discovery in the North Sea to the Norwegian Petroleum Directorate (NPD), which is expected to start production in Q2 2017. Image…
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