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EMGS gets Malaysia extension

Oct 22, 2015

Electromagnetic Geoservices EMGS signed a US$7 million contract extension with an oil company in Malaysia. The vessel BOA Thalassa commenced the extension of the survey on 21 October, and expected duration of the survey is approximately 1…

CGG starts Brazil BroadSeis

Oct 22, 2015

CGG received all necessary permits to start acquiring the industry’s first regional broadband seismic survey of the Barreirinhas basin in the Equatorial Margin of northern Brazil in early November. Oceanic Vega…

Statoil's Troll gets major jump, extension

Oct 22, 2015

Statoil’s Troll field is about to see a natural gas increase of about 83 Bcm this month after the installation of two giant compressors at Troll A, offshore Norway. The US$1.2 billion (NOK 10 billion) project came in at $121 million (NOK 1 billion) under budget…

Alpha eyes FPSO for Cheviot

Oct 22, 2015

Alpha Petroleum has lifted the lid on a new FPSO based development for the Cheviot heavy oil field in the UK sector of the North Sea.  Alpha has spelled out plans for a 26 well project with a target for first oil in 2021, which will have production of  up to 35…

Australia delays BG, Shell merger decision

Oct 22, 2015

The Australian Competition & Consumer Commission (ACCC) has pushed back its deadline to make a decision on Shell’s US$70 billion bid for BG Group. The ACCC says the deadline, initially set to September 17, before being delayed until November 12…

Shell invests in composite pipe firm

Oct 22, 2015

Shell Technology Ventures has invested in Dutch thermoplastic composite pipe firm Airborne Oil & Gas alongside German specialty chemicals firm Evonik and HPE Growth Capital (HPE). How much the three firms have invested in Airborne Oil & Gas (AOG) is undisclosed…

JX Nippon picks Technip for Layang

Oct 22, 2015

JX Nippon Oil and Gas Exploration (Malaysia) has awarded Technip a subsea contract for the Layang field, Block SK10, offshore Sarawak, Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9…

More job cuts to come

Oct 21, 2015

The big four oil services companies released their 3Q 2015 reports this week and the news is a sign that things are not improving in the sector, and in particular in North America. However, globally, thousands more job cuts are expected. Halliburton…

Honeywell announces new UniSim utility

Oct 21, 2015

Honeywell Process Solutions (HPS) has announced an enhancement to its UniSim design and simulation software designed to help manufacturing facilities improve safety and reduce capital expenditures for both new and existing installations.  The new UniSim Design Blowdown Utility…

Shell gets Shelburne green light

Oct 21, 2015

The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted Shell Canada the approval to begin its Shelburne Basin Venture Exploration Drilling Project, offshore Nova Scotia. The Stena IceMAX…

Damen, Delta Marine construct new vessel design

Oct 21, 2015

Image: RSV 3315 artist's design/Damen Shipyards Group The close working relationship between Delta Marine and the Damen Shipyards Group has produced a new vessel design – called a Damen Renewables Service Vessel 3315…

FMC falls in 3Q, expands JIP

Oct 21, 2015

Although Houston-based FMC Technologies fell 22% in its 3Q 2015 revenue, the company managed to book US$1 billion in subsea orders, and added US supermajor Chevron to its 20k JIP. FMC ROV. Image from FMC Twitter…

WGK appoints Matt Kirk VP

Oct 21, 2015

Matt Kirk has been appointed vice president of operations at Wood Group Kenny, joining the regional leadership team in the Americas. With 17 years’ experience in the oil and gas sector, Kirk joins Wood Group Kenny from Xodus Subsea where he was managing director…

Ophir spuds in Gulf of Thailand

Oct 21, 2015

UK-based Ophir Energy commenced its two-well drilling campaign in the Gulf of Thailand with the spudding of the G4/50-10 exploration well on the Soy Siam prospect. Image: Offshore Thailand / Ophir…

Butch tie-back start up 2019

Oct 21, 2015

Operator Centrica Energy Norway and partners have decided that the Butch discovery in the Norwegian sector of the North Sea will be developed as a subsea tie-in to the Ula field.  With the selected subsea tie-in concept the Butch well…

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