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Retreating from the US Arctic

Dec 18, 2015

The US is losing its opportunity to lay claim to Arctic exploration, falling behind countries such as Norway and Russia. Now with Shell and Statoil exiting Alaska’s offshore, many in the industry and in politics are wondering how to salvage Alaskan offshore exploration…

Little respite expected in 2016

Dec 18, 2015

Energy analysts Douglas Westwood say the oilfield services market has seen a 39% drop in capex in the last year, with North American expenditure falling the hardest, at 55%. The group, discussing its World Oilfield Services Market Forecast…

Scotrenewables funding paves way for largest turbine

Dec 18, 2015

Orkney based Scotrenewables Tidal Power (SRTP) has secured a further £5.7 million from investors to allow it to demonstrate the world’s largest tidal turbine. The company is currently nearing the completion of the build of its SR2000 (2MW) system in the Harland & Wolff shipyard in Belfast…

Shell drops Noble Discoverer

Dec 18, 2015

Drilling contractor Noble Corp. is relocating its drillship Noble Discoverer to Singapore where it will be stacked after Shell terminated its contract on the rig. Shell had been using the Noble Discoverer for its failed arctic exploration in the Chukchi Sea alongside the Polar Pioneer…

First steel cut on Culzean jackets

Dec 18, 2015

Heerema Fabrication Group has marked the first steel for Maersk Oil's Culzean development jackets at its yard in Vlissingen, the Netherlands. HFG has contracts for fabricating the central processing facility, utilities and livings quarters and well head platform jackets for the high-pressure…

Statoil drops Discoverer Americas drillship

Dec 18, 2015

Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico…

Statoil submits unmanned plan

Dec 18, 2015

Statoil and its partners have submitted a plan for Norway's first unmanned platform to develop three oil and gas fields under its North Sea Oseberg Vestflanken 2 project. The development, targeting the Alpha, Gamma and Kappa oil and gas fields…

Aker, Saipem join subsea forces

Dec 18, 2015

Aker Solutions and Saipem are to cooperate on targeted subsea oil and gas development projects worldwide. The companies will, through a joint work, group identify opportunities where they can create value for customers by combining Aker…

AlMansoori launches production testing, stimulation vessel

Dec 17, 2015

AlMansoori Specialized Engineering announced the deployment of the first of two planned production testing and stimulation vessels in the Arabian Gulf. The vessel, MV Al Nisr DP-II, brings with it the capability to offer production testing and well stimulation of the highest level…

Video: Heidelberg ahead of schedule

Dec 17, 2015

In Anadarko’s interim Q4 update, the company revealed it is making significant progress at its Heidelberg development in the Gulf of Mexico, in addition to achieving a strong production performance for the period. Image from Anadarko…

Weatherford lands 1180-ton casing string

Dec 17, 2015

Weatherford achieved a new world record by landing an 1180-ton (2,360,700-lb) casing string at a total depth of 26,805 ft (8170 m). The job was performed on a deepwater rig in the Gulf of Mexico this fall. The operator of a deepwater rig in the Green Canyon required installation of a heavy…

Triyards bags US$45.5 million in contracts

Dec 17, 2015

Triyards inked a string of contracts worth US$45.5 million. One of the newly minted contracts will see the group construct its scientific research vessel for new client Taiwan Ocean Research Institute, National Applied Research Laboratories (TORI)…

Israel framework paves way for Leviathan

Dec 17, 2015

Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion, despite a last attempt from the Israeli Forum for the Protection of the Coastline that petitioned the High Court to not approve the plan…

UKCS Exploration: "Could do better"

Dec 17, 2015

Better success rates from North Sea exploration drilling could be achieved if historical well data was stored and shared better, according to the results of a review of well data published. The Oil and Gas Authority says a lack of quality geoscience and geophysics work…

BP Caspian work for KCA Deutag

Dec 17, 2015

Drilling and engineering contractor KCA Deutag has been awarded two contracts with BP Exploration (Caspian Sea) with about US$360 million for the initial contract or $1 billion including all options. The first contract has been awarded…

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