The US Department of the Interior (DOI) has released details about proposed Lease Sale 250, which would offer 76.9 million acres in federal waters offshore Texas, Louisiana, Mississippi, Alabama, and Florida. The sale, scheduled for March 2018…
Shell has submitted plans to develop the Fram gas and gas condensate field in the UK North Sea as a subsea tieback to the Shearwater platform. The project, in Blocks 29/3a, 29/4c, 29/8a, 29/9c in the Central North Sea, had been considered as a standalone development…
Heerema Marine Contractors (HMC) has said about 250 job losses will be made as a part of a restructuring caused by the downturn in the oil and gas industry. HMC, based in the Netherlands, says about 200 jobs will be lost onshore, with about 50 offshore fleet personnel jobs also being cut…
Oilfield services firm Expro has launched a new extreme high-pressure tubing conveyed perforating (TCP) gun system, delivering the largest perforation hole area available for frac and gravel pack completions. Designed specifically for challenging deepwater environments in the Gulf of Mexico…
Ardyne, provider of plug and abandonment and slot recovery technology, has appointed Paul Warwick as non-executive chairman. Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He is also executive chairman of Whalsay Energy…
Aker BP has agreed to buy Hess Norge, which includes major stakes in the Valhall and Hod fields, from Hess for US$2 billion as the US oil firm continues an offshore asset sale. Yesterday, Kosmos Energy said it had agreed to acquire Hess' 85% stake in two long-producing oil fields…
French cabling firm Nexans has been chosen to supply 3000km cables for the Nasr Phase II full field development project offshore Abu Dhabi in the United Arab Emirates. The Nasr field is a large oil field about 130km northwest of Abu Dhabi…
Kosmos Energy entered Equatorial Guinea with a splash by acquiring Hess' 85% stake in two long-producting oil fields for US$650 million, as well as signing production sharing contracts (PSCs) for three other blocks in the Rio Muni basin…
French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa. Total has acquired 70% of Impact’s interests in Block 2913B…
Forum Energy Technologies's Dynacon business line, a manufacturer of launch and recovery systems (LARS) and Scantrol, an Active Heave Compensation (AHC) control systems supplier, are joining forces to offer AHC functionality to new and existing customers…
A new US$1.32 million (£1 million) research and development project focussed on cost reduction, increased efficiency and value add for the oil and gas sector has received backing from government agency Scottish Enterprise. US firm ION Geophysical subsidiary…
BW Offshore subsidiary Sendje Berge has agreed the terms of a contract extension for the floating production, storage and offloading (FPSO) vessel Sendje Berge with operator Addax Petroleum Exploration (Nigeria) for use on the Okwori field offshore Nigeria…
Byron Energy has completed the installation of a 500ft, 4in oil and 7000ftm 6in gas pipelines on the South Marsh Island 71 (SM 71) oil and gas development in the central US Gulf of Mexico, says partner Otto Energy. Each pipeline…
The Oil and Gas Authority (OGA) has published a 'lessons learned' on the use of polymer technology to enhance oil recovery (EOR) from UK oil fields. “Polymer Enhanced Oil Recovery – Industry Lessons Learned” was produced in collaboration…
Premier Oil's Catcher development is on track for first oil by the end of the year with the project's floating production vessel now moored in field. The BW Catcher vessel, built at the Keppel Shipyard in Singapore, and owned and operated by BW Offshore…
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