National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
UK-based independent Faroe Petroleum was awarded license option 16/23 in Ireland’s 2015 Atlantic Margin Licensing Round. The option covers 960sq km in the Slyne/Erris Basin, in about 280m water depth about 15km from the producing Corrib gas field…
The Norwegian Oil and Gas Association and the Norwegian Union of Energy Workers (Safe) reached agreement on the well service pay agreement during the evening of 6 July. Strike action has thereby been averted. “The mediation process was demanding…
Well intervention provider Altus Intervention, a subsidiary of Norway's Qinterra, has secured a long-term frame agreement with Statoil for the delivery of mechanical wireline services. The total duration of the agreement, including options…
Italian offshore contractor Saipem has won an engineering, procurement, construction and installation (EPCI) contract on the supergiant Zohr gas field off Egypt. The contract, won of a number won jointly worth more than US$1.6 billion Euros…
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge a drilling permit for well 35/11-20 A, to be drilled from the Borgland Dolphin drilling facility, after completing the drilling of wildcat well 16/5-6 for Tullow Oil Norge in production license 776…
DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed US$119 million (NOK 1 billion) over a four-year period…
Royal IHC and Tompkins UK Ltd. Have strengthened their strategic cooperation following IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture, which IHC and Tompkins created in 2015…
Blackhawk Specialty Tools has acquired the surge reduction business line of Allamon Tool Co. and its related intellectual property. The surge reduction business line includes Allamon’s diverter systems and ancillary cementing tools as well as a number of patents…
Trelleborg’s engineered products operation has been awarded a contract by Petrofac for its first floatover installation of an offshore converter platform - BorWin3 wind farm project. BorWin3 topside illustration…
Houston-based independent Vaalco has shut-in its South Tchibala 2-H well, offshore Gabon, after the electrical submersible pumps (ESPs) failed late last month. Image from Vaalco. The well…
In this video, Damen Shipyards shows the A2SEA-owned Sea Installer jackup leave DSAm, equipped with the capability to handle bigger offshore wind installation projects. DSAm finished major modification works on the Sea Installer in June 2016…
Oil major Shell has set out its plans for decommissioning the Brent field facilities in the UK North Sea, including leaving its foundations in place. The firm, which has already spent 10 years working on decommissioning the four platforms…
Subsea services firm Bibby Offshore has secured a contract with BP for the diving support vessel Bibby Topaz. The 15-day project, due to start next month, will see the vessel working on four BP operations across three of its North Sea assets…
Grup Servicii Petroliere (GSP) has been awarded an offshore drilling contract in Tunisia by Numhyd. Drilling operations will be carried out with the GSP Jupiter, a cantilever type mobile offshore drilling unit (MODU). The rig is currently under preparation for the contract in Limassol…
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