Seadrill is cutting 112 Houston jobs that support the West Capricorn drilling rig in the Gulf of Mexico, effective 1 May. Image of the West Capricorn, from the Seadrill West Capricorn Facebook page…
PGS’s latest GeoStreamer survey is providing high resolution coverage of North Sea plays relevant for the seventh Danish Licensing Round. Initial data volumes will be available in May and August 2016. The Danish part of the North Sea…
Beach Energy and Cooper Energy have accepted an offer from the National Offshore Petroleum Titles Administrator (NOPTA) to convert the Basker, Manta and Gummy gas field permits VIC/L26, 27, and 28 (BMG joint venture) in the offshore Gippsland Basin into retention leases…
Ampelmann and Sakhalin Energy Investment signed an agreement to install and operate a winterized version of an Ampelmann’s motion compensated gangway system. This system is designed to be capable of safely and efficiently transferring work crew in temperatures down to -28˚C…
Bob MacDonald, CEO of Wood Group Kenny (WGK), has been elected to the council of the Society of Underwater Technology (SUT). As part of the council, MacDonald will help steer the direction of the SUT to support the future success of the global…
The repair of the Polyarnaya Zvezda and Severnoye Siyaniye, sixth generation semisubmersible mobile offshore drilling units (MODU), have been completed under the survey of Russian Maritime Register of Shipping (RS) at Yantai CIMC Raffles Offshore Shipyard in Yantai…
Centrica plc will reduce its workforce by 3000 jobs this year, with the first 800 jobs to be cut in the first three months, in efforts to cut costs by more than US$1 billion (£750 million) per year. The job cuts are most likely to hit British Gas…
A trio comprised of Kongsberg Maritime, Statoil, and Eelume have entered into an agreement to accelerate new technology that will significantly reduce costs related to subsea inspection, maintenance and repair operations. Kongsberg and Statoil inked the agreement with Eelume…
Repsol Sinopec Brazil has discovered hydrocarbon pay at the Gávea A1 well in the ultra deepwater pre-salt Campos basin, offshore Brazil. Map of Campos basin, from Statoil. Gávea A1…
Shell shows a video of its giant Prelude is taking shape deep beneath the sea, in the waters offshore Western Australia. With construction of the Prelude FLNG facility well underway in the shipyard in Geoje, Shell is now at the coast of Western Australia…
Australia-based upstream company New Guinea Energy (NGE) has made an investment of some US$2.7 million (AU$3.55 million) in Karoon Gas Australia, representing about 18% of the company’s net assets. NGE, focused in Papua New Guinea (ONG)…
A referendum to drill within 12mi of the Italian coast has been sunk after failing to attract enough people to vote. A low turnout meant that the referendum, which had asked Italians if the government should stop renewing offshore drilling licenses within 12mi of the coast…
Cairn Energy has spudded its latest appraisal well on the 'world-class' SNE or Shelf Edge discovery offshore Senegal using the Ocean Rig Athena drillship, says partner FAR Ltd. Last month, FAR said recent appraisal well drilling on the…
UK-based independent explorer Hurricane Energy is planning two new appraisal wells on its Lancaster discovery after raising £52 million funding. The two wells, called the Lancaster 7 wells, could help Hurricane make a final investment…
Cox Oil Offshore has acquired a number of assets in the Gulf of Mexico from Chevron. The acquisition includes 19 fields and associated assets primarily on the Gulf of Mexico Outer Continental Shelf and in Louisiana state waters. “Today’s…
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