Heerema Fabrication Group (HFG) says Marathon's Alba B3 topside and jacket have now been installed offshore Equatorial Guinea. The 2000-ton, four-legged jacket, built at HFG's Vlissingen yard in the Netherlands, supports the 4500-ton B3 compression platform…
It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…
Trelleborg Sealing Solutions has opened a dedicated climate-controlled swivel stack seal inspection facility for the validation of custom seals for floating production storage and offloading (FPSO) operators. The facility, located in Barendrecht…
Paradigm has released Paradigm Sysdrill 10.5, the latest version of its integrated suite of well planning and drilling engineering applications. New features in this release include updated modelling, including HDGM for declination calculation and ISCWSA Rev 4 error models…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton plans to have a capital expenditure of US$1.5 billion in 2016 for its offshore projects, and to remain focused on high-return infill drilling opportunities in the Gulf of Mexico and Western Australia…
Castex Energy is set to fabricate and install a platform jacket over the Main Pass Block 270 #3 BP 1 well on its Hummer exploration prospect, in the Gulf of Mexico, according to partner Petsec Energy. The well is located about 50mi southeast of Venice…
Shell’s full year 2015 results are expected to record a significant drop of about 54% compared to 2014, in addition to a reduction of some 10,000 positions across BG Group and Shell in an effort to streamline and integrate the two companies…
A series of talks aimed at young oil and gas industry professionals in Aberdeen launches with a look at risk management and collaboration early next month. The SPE Aberdeen Simplified Series is run by the Society of Petroleum Engineer's Young Progessionals section in Aberdeen…
Challenging market conditions, including high operational costs, low prices, and declining reserves in the North Sea are driving many organizations in the industry to seek more efficient and cost effective ways of working, without compromising safety…
The North Sea oil and gas industry is at a critical stage in its life-span. In a similar way that the automotive industry here in the UK was battered by lower cost imports, old technology and methodology in the 1980s, the offshore industry is being battered by a similar perfect storm…
Abu Dhabi headquartered Gulf Marine Services (GMS) has entered into a partnership with Norway-based Dwellop for well intervention and workover operations, with its sights set on capturing new markets in the sector. The partnership brings…
Swedish exploration firm Lundin Petroleum's latest exploration well 6407/10-4 on the Lorry prospect in the Norwegian Sea has been classified as dry. The well, in PL700B, on the northern part of the Frøya High in the southern Norwegian Sea has been plugged and abandoned…
Wellhead engineering firm Plexus has won a contract with new customer Masirah Oil and its majority owned technology driven oil and gas company REX International for POS-GRIP Tersus Mudline equipment and a 10,000psi adjustable rental exploration wellhead for oil exploration offshore Oman…
Statoil is to move ahead with its delayed Johan Castberg oil field in the Barents Sea after cutting estimated development costs by half. The firm is now planning a floating production, storage and offloading vessel for the development…
AVEVA has announced that it has entered a multiyear agreement with Statoil for AVEVA Everything3D (E3D). Statoil has selected AVEVA E3D to be its strategic 3D design software platform, upgrading from its existing design system, AVEVA PDMS…
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