The Bureau of Ocean Energy Management (BOEM) completed its required evaluation of bids to ensure that the public receives fair market value for tracts leased as part of the Gulf of Mexico Central Planning Area Oil and Gas Lease Sale 235.…
Norwegian yard Westcon has been awarded a contract by Subsea 7 to deliver equipment to be used on the Martin Linge field. Westcon's contract with Subsea 7 covers three riser bases and associated protection structures, to be used on Total's Martin Linge field…
Petronas subsidiary PSE Seven Heads has agreed a contract to drill on the Midleton prospect offshore Ireland starting in August, according to partner Lansdowne Oil & Gas. PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy will…
US space agency NASA deployed for the first time oil spill detection technology in Norway's annual oil spill cleanup exercise in the North Sea, June 8-11. Scientists flew a NASA airborne instrument, called the Uninhabited Aerial Vehicle Synthetic Aperture Radar (UAVSAR)…
Swedish explorer Lundin Petroleum has appointed a new CEO after long-serving CEO Ashely Heppenstall announced he is to step down, as of 1 October. Alex Schneiter will resume the role of President and CEO, which Heppenstall (pictured) has held since 2002…
Brazilian police arrested Odebrecht President and Chief Executive Officer Marcelo Odebrecht with accusations of bribery and corruption in connection with a scandal currently engulfing Brazilian national Petrobras, on Friday, according to news reports…
Kongsberg Maritime’s training center in Houston, Texas has become the first maritime training facility in North America to offer the Nautical Institute-accredited Sea Time Reduction Course for dynamic positioning operators (DPO). Kongsberg…
GeoTeric has announced the launch of Cognitive Interpretation. As an industry, billions are spent on acquiring and processing the best quality seismic data possible, in order to make informed decisions when drilling wells and producing oil and gas…
Gibraltar-based ship repair company Gibdock has built up a close working relationship with Solstad Offshore, with a number of the Norwegian operator’s specialist offshore craft being repaired at the yard over the past few years. This…
Gazprom is welcoming Total back to the Shtokman project upon resuming operations in the Russian sector of the Barents Sea. Image of Gazprom, Total and StatoilHydro signing framework agreement for Phase 1…
Aker Solutions and Baker Hughes are teaming up for their second alliance together for early-phase studies that will provide improvements to the overall economics and value of oil and gas field developments. Image from Aker…
The future of offshore oil and gas exploration will be exploited with high-specification jackups and ultra deepwater (UDW) drillships capable of working in high-pressure, high-temperature (HPHT) environments, according to pure-play, high-specification offshore driller…
The Bureau of Ocean Energy Management (BOEM) awarded GulfSlope Energy two offshore lease blocks for which it was the high bidder at offshore lease sale 235 in the central Gulf of Mexico. The company will control 107,961 acres covering 19 prospects…
Norway-based technical adviser DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an 'all subsea' solution. The report, released during this week's Underwater Technology Conference in Bergen…
Russian gas producer Gazprom and Shell signed an agreement to expand the Sakhalin-2 LNG project. Sakhalin-2 saw the development of two offshore oil and gas fields: Piltun-Astokhskoye and Lunskoye, off the north-eastern coast of Sakhalin…