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Knock-for-knock clauses may not always be what they seem

Nov 03, 2015

The contractual regulation of liability through knock-for-knock clauses has been an important feature of North Sea offshore contracts for many years. But a recent judgment by the Norwegian Court of Appeal demonstrates that the agreed liability…

Israel puts Leviathan on fast-track

Nov 02, 2015

Shortly before Houston-based Noble Energy released its Q3 2015 earnings, Israeli Prime Minister Benjamin Netanyahu said that the country intends to fast-track natural gas development, especially now that the country’s economic minister, Aryeh Deri…

Eye on the industry

Nov 02, 2015

OE spoke with Scott McIntyre, Project Manager, Technip UK, to find out his thoughts on the oil and gas business and his advice for young professionals. McIntyre. OE: How did you get into oil and gas…

Cyberhawk ROAV inspects FPSO

Nov 02, 2015

Cyberhawk Innovations completed its first ROAV inspection of a cargo oil tank on an operational floating, production, storage, and offloading (FPSO) vessel.  The inspection took place on board the Gryphon FPSO, owned and operated by Maersk Oil in the UK North Sea…

Petrobras dumps Diamond rigs

Nov 02, 2015

Amid positive Q3 results, Houston-based Diamond Offshore is sending one of its vessels to the scrap yard after Brazil’s Petroleo Brasileiro (Petrobras) cut contracts short for two of its vessels, resulting in an extension for another contract…

Ophir in dry Thai well

Nov 02, 2015

Ophir Energy came up dry at the first well of its two-well drilling campaign in Block G4/50 offshore Thailand.  The G4/50-10 well in located on the Soy Siam prospect, which commenced drilling using the Emerald Vantage jackup rig in October and reached a total depth of 1627m…

Chevron onstream at Lianzi

Nov 02, 2015

Chevron subsidiary Chevron Overseas (Congo) began oil and gas production from the Lianzi Field, the company’s first cross-border project between the Republic of Congo and the Republic of Angola, offshore Africa. Map of Lianzi…

Drilling starts on SNE-1 campaign offshore Senegal

Nov 02, 2015

Drilling has started on the 200 bbl prize SNE-1 appraisal program offshore Senegal. The three wells SNE-2, SNE-3 and BEL-1 will be drilled back to back in a program that is estimated to be completed in mid-2016. Both SNE-2 and SNE-3 appraisal wells will be logged…

Statoil's latest rig cancellation announced

Nov 02, 2015

Statoil has decided to cancel a contract for use of the semisubmersible drilling rig Songa Trym, four months before the expiration of contract on 4 March 2016. Statoil has previously notified owner Songa Offshore that the rig would be suspended for a period…

Apache up North Sea reserves 50%

Nov 02, 2015

Houston headquartered Apache has unveiled a string of discoveries it has made in the UK North Sea which could increase its total North Sea reserve base by 50% and result in investment in new production facilities. The company says it has made two 'significant' discoveries in the Beryls area…

A treasure TROV

Nov 01, 2015

Jim McFarlane introduced ROVs to the North Sea industry in the 1970s and went on to pioneer AUV development. Elaine Maslin learned more from the still active industry veteran. Jim McFarlane Photos from International Submarine Engineering…

Taking augmented reality subsea

Nov 01, 2015

Mark Stevens and Bob Moschetta, of Oceaneering, discuss the benefits of using augmented reality for subsea training. The augmented reality view combines the real-time video with the 3D model, which allows operations to occur in real time…

Thinning the herd

Nov 01, 2015

For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…

Mediterranean gridlock

Nov 01, 2015

The Mediterranean and North African region is largely considered to be a promising frontier oil and gas area, and yet, border tensions, and internal disputes have seriously held back exploration efforts. Audrey Leon surveys the prospects…

Tablet-based software for Ex inspections and maintenance

Nov 01, 2015

René Larsen, of Inspection and maintenance software specialists SafeEx, discusses how Ex inspection software was deployed on a gas compression jackup rig destined for the Cantarell field offshore Mexico. Data collection…

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Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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