Semco Maritime has been awarded a contract by Paragon Offshore for intermediate classification and service works on the Paragon MSS1 semisubmersible drilling rig. The service works will be performed at Semco Maritime’s rig facilities at Invergordon…
Noble Corp. anticipates the Noble Lloyd Noble newbuild jackup to have a delivery delay from the Sembcorp Marine Tanjong Kling shipyard, in addition to a delayed delivery date to Statoil due to damage endured to the rig last month. The…
Saudi Aramco is reducing dayrates by 5% with Hercules Offshore for three jackup rigs. On 9 March, Saudi Aramco sent Hercules a notice of the reductions for five-year contracts for the Hercules 261 and Hercules 262 from US$67,000 per day to $63…
The government of India approved a natural gas pricing system for gas produced from high pressure high temperature, deepwater and ultra deepwater areas that could attract substantial investment in the country’s upstream sector, as well as generate job opportunities…
Statoil, in an effort to further improve efficiencies and reduce costs, has decided to not to proceed with the evaluations of a potential business center in Europe. “Employee representatives and management must continue their efforts to identify other actions to achieve this…
Singapore's Keppel FELS is on track to deliver a fifth high-specification accommodation semisubmersible to Floatel International following the unit's naming ceremony today. Once delivered, the Floatel Triumph semisubmersible, built to Keppel's proprietary SSAUTM 5000NG design…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
The Offshore Technology Conference (OTC), which takes place 2–5 May 2016 in Houston, announces that 13 technologies will receive the 2016 Spotlight on New Technology Award. The awards will be presented at 1600 hours, 2 May, in the NRG Center Rotunda Lobby…
Anadarko Petroleum has cut some1000 jobs from its workforce, as the company braces itself for its proposed budget cut of nearly 50%, to stay afloat during the downturn hitting the entire oil and gas industry. Anadarko CEO Al Walker…
Detecting corrosion is a huge headache for the offshore industry. CMR is developing a tool to spot it before it takes hold. Thomas Peter Christian Michelsen Research (CMR) in…
Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
Det norske oljeselskap has gained approval from the Norwegian Petroleum Directorate (NPD) for a drilling permit for well 16/1-26 S, which is part of the Ivar Aasen field, in the North Sea. Well 16/1-26 S will be drilled from the Maersk…
The first production test at Eni’s Zohr 2X appraisal well delivered some 44 MMcf/d of gas, offshore Egypt. Eni CEO Claudio Descalzi. Image from Eni. The Zohr 2X well, Eni’s first appraisal well on its giant Zohr discovery…
Ophir Energy is on track for a final investment decision on its Fortuna LNG project offshore Equatorial Guinea in mid-2016. Key engineering contracts, including the projects subsea production systems, are expected to be awarded in the first half of the year…
DONG Energy has placed contracts with three UK firms for the array cables at its 580 MW Race Bank offshore wind farm, off coast of Norfolk, England. The array cables for Race Bank will be supplied by JDR from its base in Hartlepool. The…
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