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CGG to survey Ivory Coast offshore

Oct 26, 2017

French geoscience firm CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity…

Aker BP, DeepOcean ink IMR framework agreement

Oct 26, 2017

Aker BP has awarded a contract to DeepOcean for subsea inspection, maintenance and repair (IMR) activities. The contract has a total market value of minimum NOK300 million during the initial three years, with an option to continue the…

Fugro to study seeps off Eastern Canada

Oct 25, 2017

Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together…

ABB Turbo Systems acquires Tekomar

Oct 25, 2017

ABB Turbo Systems will acquire Swiss-based Tekomar Group, the company announced today. ABB said the by acquiring Tekomar, ABB will further develop Tekomar’s digital solution for engine analytics and advisory systems. 'Advancing ABB capabilities in performance modeling and analysis…

LQT wins TLP accommodation work

Oct 25, 2017

LQT Industries has been awarded the engineering and construction of a three story aluminum accommodations facility by a major oil and gas production company for a deepwater tension leg platform (TLP) in the Gulf of Mexico. The aluminum accommodations…

Halliburton debuts Marine Sentry 3000

Oct 25, 2017

Oilfield services provider Halliburton announced today (25 October) the release of the Marine Sentry 3000, a rotating control device that provides a pressure control solution by creating a seal around the drill string and tool joints for…

Expro transmits abandoned well data to surface, wirelessly

Oct 25, 2017

Oilfield services firm Expro says it has performed the world’s first proven wireless transmission of reservoir pressure data to surface, from a recently abandoned subsea appraisal well, which incorporated a rock-to-rock cement plug.    The…

Drilling starts on Tambar development project

Oct 25, 2017

Drilling operations have started on the Tambar development project in the producing Tambar field offshore Norway, says partner Faroe Petroleum. The Tambar and Tambar East Unit fields are satellite fields, about 16km southeast of the Ula field in the Norwegian North Sea…

Houston Energy picks up South Timbalier 235 lease in US Gulf of Mexico

Oct 25, 2017

Houston Energy has been awarded the South Timbalier 235 (ST 235) lease in the US Gulf of Mexico Central Lease Sale 249, says partner Otto Energy. Houston Energy bid US$210,999 in relation to the ST 235 lease, which ajoins with and…

Mitsui to take up to 50% in AKOFS

Oct 25, 2017

Norwegian investment firm Akastor and Japan's Mitsui have entered into a memorandum of understanding which could see the Japanese firm, together with potential partners, invest in oilfield services firm AKOFS Offshore. The move could…

Sparrows inks Dubai Petroleum contracts

Oct 25, 2017

Sparrows Group has won two crane contracts with Dubai Petroleum, one for maintenance services and the other for the delivery of rental cranes.    The first contract, for five-year’s crane maintenance services, covers 76 cranes across all of Dubai Petroleum’s offshore fields…

New CEO for SMD

Oct 25, 2017

Andrew Hodgson is stepping down as CEO of Tyneside-based subsea engineering firm Soil Machine Dynamics (SMD). He will be will be succeeded by his deputy Mike Jones from 23 October. Jones has worked for SMD for over 25 years. A director since 2004…

Statoil christens Empire Wind off NY

Oct 24, 2017

Statoil has branded its offshore New York wind site, Empire Wind. The 79,350 acre site is off the southern coast of Long Island, New York. The Norwegian operator said that the site has potential to generate up to 1GW of offshore wind power…

IHS Markit: Downturn reduces deepwater M&A opportunity

Oct 24, 2017

Reduced spending for oil and gas exploration is limiting availability of quality deepwater assets for merger and acquisition (M&A) deals, according to a new report by IHS Markit. This lack of deepwater asset inventory is challenging exploration…

New US lease sale offers 76.9 million acres

Oct 24, 2017

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…

Current News

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Transocean to Acquire Valaris

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ADNOC, RWE Explore LNG Supply

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Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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