Byron Energy is preparing to spud next week the F3 development well at South Marsh Island Block 71 in the US Gulf of Mexico, Otto Energy reported Tuesday (2 January). The company and its joint venture partner Otto will use the F3 well as a D5 development well…
Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has commenced the next phase of its shallow water 3D Multi-Client seismic acquisition campaign offshore Gabon with a 3D survey in the north of the country. The…
Saudi Aramco and partners Lamprell, the National Shipping Company of Saudi Arabia, and Hyundai Heavy Industries, announced on 30 December, 2017, the official launch of their International Maritime Industries (IMI) joint venture. When fully operational in 2022…
Louisiana based fabrication and services frim Dynamic Industries has been awarded a hookup contract for a new tension leg platform (TLP), to be installed early 2018, via its services division, Dynamic Construction Services (DCS). DCS…
Brazil's Petrobras has awarded Norway-based DOF Subsea two new contracts for ROVs to be installed on the Skandi Angra and Skandi Paraty. The new contracts start in April 2018 and end in September and November 2020, respectively. Further…
US-based Helix Energy Solutions Group has appointed now former Atwood Oceanics VP Geoffrey (Geoff) Wagner as its executive vice president and chief commercial officer. Wagner spent several years in executive leadership roles with drilling services firm Atwood Oceanics…
Danish drilling rig operator Maersk Drilling has won a four-year contract with Tullow Oil for use of the deepwater drillship Maersk Venturer offshore Ghana. The contract, signed in December 2017, is expected to start in February 2018…
The ROV market isn’t out of the woods yet, with plentiful supply in the market dampening any perceived uptick in activity. But, offshore wind might offer some respite. Elaine Maslin reports (first published in the January 2018 OE, access full issue here)…
UK North Sea Forties Pipeline System (FPS) operator Ineos says the system is now fully operational, following repairs works to a crack found in an onshore section of the pipeline, early December. 'All restrictions on the flow of oil and…
Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt…
Subsea asset integrity is a growing challenge on the UK Continental Shelf and elsewhere, with each basin having its unique set of often complex demands. This applies to traditional oil and gas plant as well as the new generation of renewable energy structures…
Houston headquartered Hyperdynamics has filed for Chapter 7 bankruptcy relief. The firm, which is focused on exploring offshore the Republic of Guinea, says it had reviewed and analyzed its options, including raising more finance, selling assets…
Australia's Santos is planning to drill the Paus Biru-1 exploration well on the Sampang production sharing contract offshore Indonesia, says partner Cue Energy Resources. Paus Biru is 27km east from the producing Oyong gas field. The…
Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to revise the Production Safety Systems Rule governing…
UK operators have gone a long way to reducing their costs and are even starting to look at investment, delegates attending the Oil & Gas UK Share Fair in Aberdeen early November learned. Elaine Maslin reports (First published in the December 2017 OE…