The European Marine Energy Centre (EMEC) and The Crown Estate have published a report on the performance of subsea cabling in high energy environments to support the development of commercial wave and tidal energy sites. The key aim of…
Following up on last week's article on companies bracing for bankruptcies within the oil and gas industry, OE's Managing Editor Audrey Leon spoke with Charles Kelley and Robert Gray, Houston-based attorneys with law firm Mayer Brown to discuss the downturn in oil prices…
Petrobras started production from the P-61 platform at the Papa Terra heavy oil field, offshore Brazil, the operator confirmed on 16 March. The P-61 is a tension leg wellhead platform (TLWP), the first of its kind to be installed offshore…
It’s been five years since BP’s Deepwater Horizon spill and in a new report, the company says that the GoM is returning to its baseline condition. Image of Deepwater Horizon. From USCG. According…
Rosneft sent North Atlantic Drilling Ltd. (NADL) a notice of termination for the West Navigator, in connection with a framework agreement between the two companies. The West Navigator. From NADL. The…
Eni made a significant gas discovery offshore Libya and found more gas than anticipated at its Merakes-1 well offshore Indonesia. Libya find Eni activity in Libya. From Eni. Eni…
Italian giant Eni is investing an estimated US$5 billion dollars for the development of oil and gas resources in Egypt, including the development of 200 MMbbl and 1.3 TCF of gas. Image from Eni. Egyptian…
UK offshore industry trade association Oil & Gas UK has called for 'urgent action' to reduce and simplify North Sea oil and gas taxation, including a double digit reduction in the Supplementary Corporation Tax on UK producers. The trade body…
JDR opened a new service and maintenance facility in Port Harcourt and Lagos, Nigeria in partnership with Royal Niger Emerging Technologies. Image from JDR. In the agreement, which also establishes a long-term trade partnership…
Statoil, on behalf of the Johan Sverdrup partnership, awarded a US$133.5 million contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field development. The Johan Sverdrup concept…
The House of Lords EU Committee has today called for a Ministerial Conference of North Sea countries to ensure a holistic approach is developed to managing the environmental challenges and economic opportunities in the North Sea. The…
Total has spudded exploration well 25/6-55, named Shango by partner Faroe Petroleum, in license 627 (Skirne East) in the Norwegian North Sea. Shango is on the northern part of the Utsira High about 5km from the producing Skirne field…
The global offshore accommodation market has seen significant growth over the past five years, with persons on board (PoB) requirements increasing by 27% between 2009 and 2014. Although the recent oil price decline has negatively impacted the accommodation market to some extent…
Siemens has introduced the new Siemens SWT-7.0-154, a generator upgrade to seven megawatt (MW) which delivers nearly ten percent more energy production than the predecessor under offshore wind conditions. Stronger permanent magnets…
The offshore energy industry’s highest achievers and most successful companies were recognized on 12 March at the 2015 Offshore Achievement Awards (OAA), with Gordon Ballard, chairman of Schlumberger UK, receiving the Significant Achievement accolade…
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