BP and Det norske oljeselskap have combined their Norwegian businesses to create Aker BP – a move that is expected to organically grow production to more than 250,000 boe/d by the early 2020s. Image from BP…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for appraisal well 7220/11-3 AR on its Alta discovery in the Barents Sea. The well will be drilled from the Leiv Eiriksson in production license PL 609…
Trelleborg’s offshore operation has appointed Sebastian Araujo as managing director of its Brazilian manufacturing facility in Macae. Araujo has an extensive background in the oil and gas subsea sector, previously holding general and…
Jobs supported by the UK’s offshore oil and gas industry, currently under the severe strain of continued low oil prices, will have fallen by the end of 2016 by an estimated 120,000 since their peak in 2014. New employment figures based…
Vancouver-based EnerGulf Resources entered into a letter of intent (LOI) with Houston-based Texas South Energy, to participate in six offshore Gulf of Mexico (GoM) prospects owned and operated by GulfSlope Energy. GoM operations…
The first call for Mexico’s Round 2.1, consisting of 15 shallow water blocks, is anticipated to be released before the end of July, the country’s Secretary of Energy confirmed in Monterrey. The…
Wintershall’s flagship development in Norway has reached a new milestone as the two giant subsea templates for the Maria field were installed offshore last week. The 285-tonne templates, each the size of a basketball court, sailed…
The European Commission (EU) has awarded more than US$4.4 million (€3.9 million) to support tidal energy testing and demonstration in Orkney waters. Magallanes test turbine installation at EMEC…
GE’s Marine Solutions was awarded a service contract by CIMC Raffles to provide the first dry-dock services on two of Gazflot’s semisubmersible drilling vessels, the Northern Lights and Polar Star. During the dry-docking, GE’s Marine…
PGS’s newest Ramform Titan-class survey vessel, the Ramform Tethys,has made her first project a new world towing record by drawing the world's largest seismic spread. Image of the Ramford Tethys…
Petrofac has been awarded a three-year contract to provide a condition monitoring program for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO) unit bound for offshore Angola. Currently under conversion in Singapore…
Former chief executive of BG Group, Helge Lund, has been appointed as the new director to oil services giant Schlumberger’s board of directors, earlier this month. According to a filing to the US Securities & Exchange Commission (SEC) on 1 June…
Italian giant Eni and 50:50 partner BP have confirmed a “new significant gas discovery” in the Baltim South West exploration prospect, located in the East Nile Delta offshore Egypt, with plans to drill two new wells in the area. Map…
In the Commonwealth waters, there was a 49% increase in the number of injuries to the offshore workforce compared to 2014, says the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA), Australia’s Commonwealth statutory agency…
Saipem has been awarded new drilling contracts and extensions to existing contracts in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America, with a cumulative value of approximately Euro 150 million (US$170.48 million). Eni…
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