Latest News - page 2157

 

Milaha takes delivery of newbuild

Apr 20, 2016

Qatar-based Milaha has taken delivery of a new lift boat which will be deployed offshore, particularly in support of field maintenance efforts. Abdulrahman Essa Al-Mannai, president and CEO of Milaha, and Vivek Seth, CEO of Halul Offshore Services…

Byron hits at GoM SM 71 well

Apr 20, 2016

Byron Energy has encountered three discrete hydrocarbon bearing intervals at its latest exploration development in the South Marsh Island block in the Gulf of Mexico. Hercules 205 jackup, from Hercules…

OGA tenders for latest seismic program

Apr 20, 2016

The UK Oil and Gas Authority (OGA) has invited seismic companies to tender for its 2016-2017 UK Government funded seismic acquisition and processing program. The contract will cover survey work over South West Britain, including the Celtic Sea…

Video: Glen Lyon FPSO arrives in Norway

Apr 20, 2016

BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…

Statoil unveils "next generation" subsea concept

Apr 20, 2016

Statoil has launched Cap-X, a new subsea development concept designed to reduce cost and increase efficiency.  The Norwegian oil giant, more than half of whose production comes from some 500 subsea wells, has already been exploring ways to reduce subsea development costs…

Lundin signs Aker for Alta Gohta study

Apr 20, 2016

Aker Solutions is to carry out a study on a design for a floating production, storage and offloading (FPSO) vessel for Lundin's Alta and Gohta oil development in the Barents Sea, offshore Norway. The work is under a new three-year framework…

Transocean delays 2 UDW drillships

Apr 19, 2016

Transocean, has opted to delay delivery, and final payments, on two dynamically positioned ultra-deepwater (UDW) drillships currently under construction at Sembcorp Marine's subsidiary Jurong Shipyard.   The proprietary Jurong Espadon…

Statoil to drill 30/11-13 well with Songa Delta

Apr 19, 2016

The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for well 30/11-13, tobe drilled from the Songa Delta drilling facility in production license 035. The drilling program for well 30/11-13 relates to the drilling of a wildcat well…

Sequa drops Gina Krog, Ivar Aasen deals

Apr 19, 2016

Sequa Petroleum is dropping out of two deals to acquire stake in the Gina Krog and Ivar Aasen projects in the North Sea due to the current market conditions. Image of Ivar Aasen, from Det Norske…

ExxonMobil starts up US$4 billion Julia project

Apr 19, 2016

ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…

Bergen Group, Calm to co-market mono-column platform

Apr 19, 2016

Bergen Group and Calm Oceans agreed an agency deal to market a newly developed mono-column platform (MCP) in the Norwegian market. This offshore mobile platform is a self-elevating, multipurpose and high payload jackup, specially designed…

Paragon inks extensions, drops dayrates

Apr 19, 2016

Offshore drilling firm Paragon Offshore has picked up two contract extensions, having reduced day rates. In the Middle East, a contract with ADMA OPCO for the M1162 jackup has been extended from mid-January 2017 to late January 2019 and…

Serica gets boost from Erskine

Apr 19, 2016

Increased production from Chevron's high-pressure, high-temperature Erskine field has helped boost profits and reserves for UK independent Serica Energy. The firm acquired an 17% stake in the field, at a time when it was expected to produce 2100 boe/d net to Serica at $30/bbl operating costs…

IOG eyes unmanned Blythe development plan

Apr 19, 2016

Independent Oil and Gas (IOG) is planning to submit a field development plan for the southern North Sea Blythe field and nearby discoveries. The move is likely to involve a small unmanned platform, with pre-installed risers for future tie-back opportunities…

Saipem inks string of E&C contracts

Apr 19, 2016

Saipem has been awarded new engineering and construction contracts cumulatively valued at about €430 million. The work includes a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project…

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