Murphy Oil completed and achieved first production at its Medusa SS #6 well in the Gulf of Mexico, according to partner W&T Offshore. Medusa SS #6 is located in the Medusa Field, in Mississippi Canyon 538/582 approximately 100m south of New Orleans…
Statoil will make its first moves into Nicaraguan waters after the country awarded the Norwegian explorer four licenses off its Pacific coastline. The 29 May announcement came after meetings last September where delegates from Statoil and the state oil company…
Wärtsilä Corp. announced that its acquisition of the Germany-based L-3 Marine Systems International (MSI) has been finalized and control of the company will be transferred to Wärtsilä effective 1 June 2015. Wärtsilä will acquire…
W&T Offshore encountered hydrocarbon pay at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well in the Gulf of Mexico. The company logged 160ft of gross hydrocarbon interval and is currently completing the well…
Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, API said in comments to proposed regulations for operations offshore Alaska. “Producing more energy here at home creates new job opportunities and makes us more secure…
More than 5000 jobs have been lost in the UK North Sea sector and more losses are likely, the CEO of trade body Oil & Gas UK says. Deirdre Michie, Oil & Gas UK’s recently appointed CEO, told reporters during a briefing in Aberdeen that this is a challenging time for the industry…
Image from Schlumberger. The merger between the world's largest oilfield services company Schlumberger and Russian drilling contractor Eurasia Drilling Co. (EDC) has been put on the…
At MTS/IEEE OCEANS’15 in Genoa, EvoLogics presented its latest developments with a mobile demonstration kit that combines underwater LBL (Long Baseline) positioning with the company’s unmanned surface vehicle, the Sonobot. The Sonobot…
Brazilian giant Petrobras encountered light oil pay at the second appraisal well at its Carcará pre-salt discovery offshore Rio de Janeiro, according to partner Queiroz Galvão Exploração e Produção (QGEP). ODN II…
Rig owner and operator Songa Offshore is close to taking delivery of the first two of four Cat D rigs it is building to work for Norway’s Statoil. The Songa Equinox has completed sea trials and is scheduled for delivery mid-June. The…
Subsea engineering and training firm Jee completed a contract with Decom North Sea (DNS) to identify pioneering methods of salvage and re-use options for concrete subsea mattresses. The aim of the project, which started February 2015 and saw Jee partner with DNS and Zero Waste Scotland (ZWS)…
Standby vessel operator Atlantic Offshore Rescue has unveiled its third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling £300 million. Ocean Falcon, a new Class A multi role and emergency response and rescue (MRV/ERRV) vessel…
Polarcus and the National Petroleum Corp. of Namibia (NAMCOR) signed a memorandum of understanding (MOU) over exploration and development offshore Namibia. Under the terms of the MOU, Polarcus and NAMCOR will work together to identify…
Seadrill’s 1Q 2015 results showed the company’s revenue at US$1.244 million, down just 1.36% from $1.261 million in 4Q 2014. The West Jupiter. Image from Seadrill. Operating profit skyrocketed to a whopping 35…
International classification society and certification group Bureau Veritas has published a set of guidelines, NI 603, intended to help the development of current and tidal turbines. The guidelines are backed by a separate guide, known as The Marine Renewable Energy Guide to Certification…
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