KBR and IBM have agreed to collaborate on the development of digital products and services to help oil and gas firms reduce costs and increase profit, reliability and safety. KBR says petroleum organizations require new levels of innovation…
Lundin Petroleum has started drilling appraisal well 7220/11-4 (Alta-4) on the Alta discovery in PL609, on the Loppa High in the southern Barents Sea. The Alta-4 well is about 2km south of the original discovery well 7220/11-1 and is the fourth well to be drilled on the Alta discovery…
The US Department of the Interior (DOI) is moving forward with its evaluations from six companies to conduct geological and geophysical (G&G) activities in the Atlantic Ocean, as part of the Trump Administration’s 'America First' offshore energy strategy…
Anadarko Petroleum named Daniel E. Brown executive VP, International and Deepwater Operations. Darrell E. Hollek, formerly executive vice president, Operations, will serve as a senior adviser until his retirement later this year. Brown began his career with the company in 1998…
Illustration of RAR Plus, from Delmar. Delmar Systems unveiled the new RAR Plus and the MOORMax Releasable Mooring System. The RAR Plus is the next generation of Rig Anchor Release (RAR)…
BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…
In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with exploration efficiencies starting to deliver results. The…
Norway’s Petroleum Safety Authority’s (PSA) investigation into Saipem’s Scarabeo 5 semisubmersible fire in the Njord field revealed several regulatory breaches that occurred in November 2016. Image of the Scarabeo 5…
TGS and Petroleum Geo-Services (PGS) have expanded their jointly owned multi-client library offshore Eastern Canada. Map of Cape Broyle 3D, from TGS. The new Cape Broyle 3D survey…
Faroe Petroleum has gained consents for the drilling of an appraisal well 31/7-2S on the Brasse discovery. Faroe, as operator has entered into a contract with Odfjell Drilling for the use of the semisubmersible drilling rig, the Deepsea Bergen…
Xodus Group has formed a partnership with Orkney-based Green Marine to launch a new integrated service for the maintenance of offshore renewable assets. The lifecycle approach will utilize Xodus’ new integrity management software tool…
Construction contracts have been awarded for Ophir Energy's Fortuna LNG project offshore Equatorial Guinea. Fortuna will be Africa’s first deepwater FLNG project and is targeted for first gas in mid-2020 at a cost of US$2 billion. The project…
UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…
UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…
Saipem has been awarded a new engineering, procurement, construction and installation (EPCI) contract for the subsea umbilicals, risers and flowlines (SURF) package for ExxonMobil's proposed Liza project. Located about 120mi offshore Guyana in 1800m water depth…
Subscribe
