Industry cost-cutting and job cuts will get worse before it gets better, industry leaders told a business seminar in Aberdeen on 3 March. But, despite the gloom, they also said that the industry also needed to send out a more positive message…
Ceona Offshore’s deepwater multi-purpose Ceona Amazon, is close to undertaking its first job in record time from drawing board to mobilization. The contract for the construction of the vessel was signed in July 2013, just over a year after the company was formed…
McDermott International has won two contacts for EPCI work, one for Qatar Petroleum in the North Field Alpha gas development, and a second from Saudi Aramco for the Marjan field, offshore Saudi Arabia. The North Field Alpha project calls for a new jacket…
Tupi BV awarded Technip a contract to supply high technological flexible pipes for the Lula Alto pre-salt oil field off Brazil. Map from Petrobras. Lula Alto is an ongoing development located in the Santos basin…
LUKOIL-Nizhnevolzhskneft established a new world record in horizontal drilling with a significant bottom displacement. Well No. 108, drilled from an offshore ice-resistant stationary platform at Yuri Korchagin field in the Caspian Sea, went down 4908m in the 9…
Wood Group Kenny (WGK) appointed Bob MacDonald as chief executive officer (CEO), effective 6 April. MacDonald. From Wood Group. As CEO, MacDonald will lead the WGK executive team in the growth and governance of the business…
Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto. SC55…
EMAS AMC officially christened and named its flagship the Lewek Constellation on Sunday (1 March) prior to her departure to the Gulf of Mexico to start work for Noble Energy. The Lewek Constellation, an ice-classed, multi-lay offshore…
Kosmos Energy is to plug and abandon its CB-1 well in the Cap Boujdour permit area offshore Morocco after gas and condensate was found – but not in commercial quantities. Despite the non-commerciality of the well, Kosmos CEO Andrew Inglis says the results are positive…
Maersk Drilling has been awarded a contract from eni Ghana Exploration and Production Ltd., an Eni subsidiary, for use of the newbuild drillship Maersk Voyager. The firm contract period is 3.5 years with an option to extend by one year…
Subsea 7 has been awarded a two-year extension to two Underwater Services Contracts (USCs) by Shell Upstream International Europe, worth approximately US$240 million. Under these life of field contract extensions for diving support vessel…
DeepOcean Brasil Servicos Ltda., a subsidiary of DeepOcean Group Holding, has been awarded a one-year extension of contract for the provision of flexible repair and inspection, maintenance and repair services from Petróleo Brasileiro (Petrobras) using the Deep Endeavour…
CGG has started acquiring the Davros 3D BroadSeis and BroadSource multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia. Covering in excess of 11,000sq km, Davros is the largest seismic survey ever to be acquired by CGG in the Asia-Pacific region…
Resonance enhanced drilling could help speed up drilling time and efficiency. Elaine Maslin reports. Professor Marian Wiercigroch with the vertical RED full scale experimental rig. Images from the University of Aberdeen…
The Mariner heavy oil discovery on the East Shetland Platform in UK block 9/11 will be one of the largest offshore developments on the UK Continental Shelf in more than a decade. Meg Chesshyre checks on its progress. Chris…
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