Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Songa Encourage semisubmersible drilling rig for the drilling and completion of wells at Åsgard and Heidrun in the Norwegian Sea. The consent covers production drilling…
Statoil is suspending the use of another vessels this week, this time with Dolphin Drilling’s Bideford Dolphin mobile drilling facility. Dolphin Drilling, a subsidiary of Fred. Olsen Energy, received notice of suspension from Statoil for the rig…
Technip and FMC Technologies announced that the pending US$13 billion merger transaction between the companies has received an early decision from the United States antitrust regulators under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act)…
Houston-based McDermott International will deliver the engineering, procurement, construction & installation (EPCI) work for Mexico’s Pemex Abkatún-A2 platform, which was involved in a deadly accident last year, in a US$454 million deal. McDermott…
The decision by 52% of the voters in the EU referendum last week to vote to leave the EU has had far-reaching impact across the globe. The oil and gas sector, bruised from nearly two years of low oil prices, is bracing itself for the fall out…
UK-based Global Maritime Consultancy & Engineering has completed an offshore deadweight survey and inclining experiment at the same time as ongoing drilling operations for Seadrill’s deep water semisubmersible drilling vessel West Pegasus…
The US$1.9 billion Greater Enfield project offshore Australia has been given the green light by operator Woodside Energy and its partner, Mitsui E&P Australia. First oil is scheduled for mid-2019, via a 31km subsea tie-back to the existing Ngujima-Yin floating production…
A floating storage unit built to serve the Mariner heavy oil field in the UK North Sea has set sail from its yard in Korea. The Mariner B vessel was built at the Samsung yard in South Korea. Before reaching the North Sea the FSU will sail some 15…
Gazprom Neft has signed a memorandum of cooperation with IBM at this year’s St Petersburg International Economic Forum covering the use of information technologies in exploration and production (E&P). The agreement outlines the key areas of technical collaboration…
Oil services company and well integrity specialist Archer has launched the Point system, a well integrity resource that combines Archer’s experience and its proactive and systematic approach to integrity management. The Point system…
Offshore marine services provider PACC Offshore Services Holdings (POSH) was awarded a contract by Technip Oceania through its subsidiary POSH Semco, to support Shell’s Prelude floating liquefied natural gas (FLNG) facility using its semisubmersible accommodation vessel (SSAV) the POSH Arcadia…
SeaBird Exploration signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season. The project is due to commence early Q3 2016 and will run for approximately 2 months.
Aberdeen-based oil and gas technology firm LUX Assure has secured a £2.4 million second round investment, which will allow the company to accelerate strategic growth, internationalization plans, and further key technology developments. The funding was provided by Chevron Technology Ventures…
DONG Energy has decided to build the German offshore wind farm Borkum Riffgrund 2, which is expected to be fully commissioned in 1H 2019. With this decision, DONG Energy will reach 6.7GW of installed offshore wind capacity, exceeding the 2020 target of 6…
The British public has spoken - as have the oil, money and stock markets. With a narrow margin, the leave campaign in the UK's referendum to stay in or leave the EU won by 52% to 48%, ending the UK's 43-long membership in the EU. Shares on the FTSE 250 index dropped 11…
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