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Deloitte: Foreign investment in Iran will take time

Jul 24, 2015

The imminent return of Iran to global oil could reshape global oil markets, but foreign investments will only return to the country in the 2020s, according to a new report by business consultancy Deloitte. The firm says the historic agreement…

Dolphin starts 3D SHarp off Australia

Jul 23, 2015

Dolphin Geophysical continues its seismic operations in Australia on the Northwest shelf by initiating a large 3D SHarp broadband multi-client (MC) survey covering approximately 15,000sq km.  In cooperation with TGS and supported by major oil companies…

NUTECH integrates reservoir intelligence technology

Jul 23, 2015

NUTECH, a petrophysical analysis and reservoir intelligence company, offers an integrated set of proprietary technologies that takes reservoir intelligence to the next level by providing a comprehensive and evolving picture of a reservoir…

Caley completes IWOCS intervention runs

Jul 23, 2015

A portable Intervention Work Over Control System (IWOCS) deployment system developed by Caley Ocean Systems has been used to successfully test the manifold functions on four deepwater subsea manifolds post installation.     Image…

SMD delivers ROVs to COOEC

Jul 23, 2015

Image: Quantum Work Class ROV/SMD SMD announced the delivery of three Quantum Work Class remotely operated vehicle (WROV) systems to China’s largest offshore engineering construction company…

Global Marine wins Clair Ridge contract

Jul 23, 2015

Global Marine Systems has secured a contract that will see it provide personnel and equipment that will support the delivery of a submarine fiber optic link between platforms on behalf of client, Subsea 7, a provider of subsea engineering and construction…

DW: FLNG 'set for new wave of growth'

Jul 23, 2015

Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…

Oceaneering drops BOP business

Jul 23, 2015

Houston-based Oceaneering International’s 2Q 2015 results has its revenue down nearly 13% year-over-year, and left the company with the decision to end its blowout preventer (BOP) control systems business. Image from Oceaneering…

Cygnus module North Sea bound

Jul 23, 2015

One of the largest oil and gas topsides built this year set sail on July 23 from Burntisland Fabrication’s (BiFab) Methil yard. Cygnus manifold. Image from Engie. The 4600-tonne Cygnus accommodation module…

Statoil spuds first Gina Krog well

Jul 23, 2015

Statoil began drilling of the first production well at the Gina Krog field on 20 July, just eight days after the drilling rig arrived at the North Sea field. The Maersk Integrator rig will drill wells until sometime in 2019. The Maersk Integrator…

BSEE limits Shell's Arctic drilling

Jul 23, 2015

Shell’s arrival in the Chukchi Sea came with limitations from the Bureau of Safety and Environmental Enforcement (BSEE) that allows the supermajor to begin drilling, but not into oil-bearing zones just yet. The Noble Discoverer…

UK offshore wind still in lead

Jul 23, 2015

The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by the end of the forecast period, representing an impressive compound annual growth rate (CAGR) of 30…

New North Sea find near Ekofisk

Jul 23, 2015

Norway's Statoil has made a 15-75 MMboe gas and condensate discovery near the 70-200 MMboe King Lear discovery located just 17km from the Ekofisk facilities. The Julius discovery well 2/4-23S, drilled using the Maersk Gallant jackup in 68m water depth…

Seatronics appoints QHSE coordinator

Jul 22, 2015

Image: Joanne Keilloh/ Seatronics Seatronics appointed Joanne Keilloh as its new group QHSE coordinator based in Aberdeen. Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company…

SBM updates FPSO status

Jul 22, 2015

In this video SBM Offshore shows an overview of the floating production and storage offloading (FPSO) units the company has been working on, including a tally of their current project and offerings.

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