Windfire Capital has signed a letter of intent with DMiner Asset Management to acquire 76.5% in a license offshore Namibia. Windfire will acquire the stake in license 0079, covering Blocks 2815 and 2915, through the acquisition of 91…
Plug and abandonment (P&A) and well repair specialist HydraWell has appointed Mark Sørheim as its new CEO. Mark Sørheim joins HydraWell from Schlumberger in Aberdeen where he held the position as integrated drilling and completion project director…
A research partnership has been formed between GLINCS and Heriot-Watt University to develop Time Resolved Fluorescence (TRF) technology for scale inhibitors, which are deployed into production wells. The TRF technology will address current…
Varel UK has signed a collaborative project with the University of Aberdeen to design and develop a new drill bit, which addresses the unique challenges of drilling in Resonance Enhanced Drilling (RED) mode. Resonance Enhanced Drilling…
Faroe Petroleum has agreed to acquire a further 13.9935% interest in the producing Blane field in the UK North Sea from JX Nippon Exploration and Production for US$5.25 million. The field is a subsea tie-back to the Ula platform (Faroe 20%)…
Statoil and its partners have started production from the US$126 million (NOK 1 billion) Byrding field in the Norwegian North Sea. The project cost is down from the original estimate of $440 million (NOK 3.5 billion). Byrding is an 11 MMboe recoverable field north of the Troll field…
All Coast LLC will enter the US offshore wind farm market with the development of the first Jones Act-compliant vessel built for offshore wind farm installation and support activities. The liftboat will be capable of installing offshore foundations and wind turbines…
Saipem and Petrobel have finalized offshore contract variations worth US$900 million for engineering, procurement, construction and installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr field development project offshore Egypt…
Heerema Fabrication Group has been awarded the procurement and construction contract of the Albatros offshore transformer module (OTM) by Siemens AG on behalf of EnBW Energy. The 1000-tonne OTM will be part of the Albatros offshore wind farm project…
Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…
French offshore vessels and services firm Bourbon has completed the mooring installation of the first floating wind turbine in France for Ecole Centrale de Nantes (ECN) as part of the European project FLOATGEN at the SEM-REV experimental test site…
Tullow Oil and Eco Atlantic Oil & Gas started a 2550sq km seismic survey earlier this month on the Orinduik Block offshore the Co-operative Republic of Guyana. The survey is being conducted by Schlumberger Guyana Inc. (Western Geco) using R/V GECO Eagle and two supporting vessels…
Rouge Rock has formally notified Melbana Energy of the exercise of its options to acquire a 45% participating interest in the AC/P50 and AC/P51 exploration permits in the Vulcan sub-basin off the North West coast of Australia. Map of AC/P50 and AC/P51…
Tullow Oil has revealed its plans for the rest of the year to drill offshore Suriname, and resuming at the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana. Image from Tullow Oil. In the company’s half year 2017 report…
CARBO Ceramics announced KRYPTOSPHERE HD has been utilized by all supermajor E&Ps operating in the Gulf of Mexico, for deep, high stress wells. KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant. It was initially…
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