Chevron encountered a significant oil discovery at its deepwater US Gulf of Mexico Anchor prospect. The Anchor well was drilled by Pacific Drilling's Pacific Santa Ana drillship. Image from Pacific Drilling…
Since June 2014, the oil price has been on a downward spiral. The price of West Texas Intermediate (WTI), a key global oil price benchmark, has more than halved and fell below US$50/barrel for the first time in 5.5 years yesterday (5 January)…
French seismic acquisition firm CGG has posted strong results for Q4 2014 despite the current 'unfavourable' oil price environment. The CGG Oceanic Vega. From CGG. The firm said its anticipates record multi-client sales for Q4 2014…
The Ferguson Group has unveiled a new HVAC system for its workspace modules, which will protect workers from high temperatures and excessive humidity levels whilst offshore. The new HVAC system has been installed in the new workspace…
UK-based oilfield services company Archer has received a 30-day notice of early termination of its modular drilling rig contract for the Archer Emerald from Talisman Sinopec Energy UK. The effective date of termination is expected as the 29 of January 2015…
Lundin Petroleum's exploration well 25/10-12S on the Kopervik prospect is being plugged and abandoned as a dry hole. The well was drilled in production license 625, 175km west of Haugesund on the Norwegian west coast and about 20km northwest of the Johan Sverdrup discovery…
Production testing on Karoon Gas Australia's Kangaroo-2 appraisal well offshore Brazil saw flow rates reach 3700 stb/d on a choke, says the firm. The Kangaroo-2 appraisal well, in exploration Block S-M-1165, in the Santos Basin, confirmed…
Oilfield services firm AGR has been awarded a three-year well management services contract with options with Edison Norge, supporting Edison across its operating licences, including the its first operated exploration well on the Norwegian Continental Shelf (NCS)…
Aberdeen-based wellhead engineering firm Plexus Holdings has received purchase orders from Brunei Shell Petroleum to supply both high-pressure/high-temperature (HP/HT) and standard pressured wellhead systems and services for three additional exploration wells under an existing four year contract…
Royal IHC acquired a majority stake in Brazilian-based Brastec Technologies. Brastec Technologies designs and builds custom production lines for the production of umbilicals and flexible pipes. The company said the agreement allows them…
McDermott International obtained a contract to install the offshore jacket, deck and piles for the Ayatsil-A drilling platform for Pemex Exploracion y Produccion in the Bay of Campeche Ayatsil field. Ayatsil…
Eni has started production from Nené Marine field, offshore Congo, just eight months after obtaining the production permit and 16 months following the exploration discovery. The 1.5 billion boe field, in Marine XII Block, about 17 km from the coast and in 28m water depth…
JDR Cables has appointed former Aker Solutions UK regional president David Currie as its CEO and a member of the Board of Directors, effective 12 January 2015. Currie has nearly 30 years’ experience in the global offshore energy industry…
First oil production has started from ConocoPhillips Eldfisk II project in the Norwegian North Sea. The Eldfisk II project includes plans to drill 40 new production and water injection wells from the new Eldfisk 2/7 S platform. One of four pre-drilled wells is currently online…
Blue Water is to provide logistics services on a global scale to Semco Maritime over the next two years, building on years of cooperation by the two Danish companies on several rig and infrastructure projects. “Blue Water’s global experience of working in the Energy and Offshore business…
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