ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
Key activities for the Ivar Aasen project are progressing according to plan and budget with first oil scheduled for Q4 2016, Det Norske said this morning. Topside construction at SMOE's yard in Singapore is now 98% complete, with sail-away from Singapore scheduled for the first week of June…
UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…
Two Namibia focused explorers have been granted permission to move into their next phases of exploration on blocks offshore Namibia by the country's authorities. Eco Atlantic has been allowed to move forward on licenses PEL 030 (Cooper Block)…
Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea. Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…
Subsea mooring specialist, First Subsea, has achieved American Bureau of Shipping ABS 2009 Approval for its larger R4 steel forgings up to 562mm diameter. According to First Subsea, these are the largest diameter forgings to have received the approval…
In this video, Statoil shows the Aasta Hansteen platform taking shape in the Norwegian Sea. Earlier this month, the third mega block was lifted into place, weighing 5700 tons. The hull will be 200m long and have a diameter of 50m…
McDermott International has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico on behalf of LLOG Exploration Offshore. Image of Delta House…
Tullow Oil’s production levels fell some in Q1, following issues at its Jubliee field, offshore Ghana, which the company said is due to resume operations in the next few days. Image of the FPSO Prof…
Sterling Energy UK has issued a notice of withdrawal from the Ambilobe block, offshore Madagascar to its joint venture partner Pura Vida Mauritius. Following the withdrawal, Sterling will cease to be the operator of the Ambilobe block…
Australia’s 3D Oil has commenced a farm-out process for its Otway Basin permit T/49P, offshore Tasmania. Image from 3D Oil. In T/49P, 3D Oil is the operator and holds 70% interest…
Subsea distribution systems specialist UNITECH has deployed its 3000th UH-500 Series connector on the Total E&P Congo-operated MOHO Nord subsea project, located around 75km off the coast of Pointe Noire in the Republic of Congo. First introduced in 1996…
Russia's Lukoil gas started driving in marine risers at the Vladimir Filanovsky field in the Caspian Sea, ahead of planned development well drilling operations. Risers, required to reinforce wellheads, ensure circulation and environmental safety at drilling operations…
Petrofac has been awarded a duty holder contract from BP to support the late life management of the Miller platform, in the UK central North Sea. The contract is for 'life of asset' but has a four-year ceiling at which point extension options will be reviewed as required…
Paris-headquartered subsea and engineering house Technip has come out of Q1 2016 with a better than expected profit, but its CEO expects front end market activity to remain damp until late-2016, early 2017. Meanwhile, Subsea 7 has seen…
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