Latest News - page 1504

 

Byron preps for another South Marsh well

Jan 03, 2018

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 starts first phase of Gabon survey

Jan 03, 2018

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…

Global maritime JV launched

Jan 03, 2018

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…

Dynamic nets TLP installation job

Jan 03, 2018

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…

DOF wins Petrobras ROV awards

Jan 03, 2018

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…

Helix appoints ex-Atwood exec VP

Jan 03, 2018

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…

Tullow signs up Maersk drillship for Ghana drilling

Jan 03, 2018

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…

ROV market outlook

Jan 03, 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)…

Forties pipeline now fully operational

Jan 02, 2018

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…

Apache exec joins Neptune Energy

Jan 02, 2018

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…

Navigating subsea integrity

Jan 01, 2018

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…

Hyperdynamics files for Chapter 7 Bankruptcy

Dec 29, 2017

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…

Santos to drill off Indonesia

Dec 29, 2017

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…

BSEE to revise OCS production rule

Dec 28, 2017

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…

Investment plans on the UKCS

Dec 28, 2017

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…

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