Three in four North Sea oil and gas contractors are less confident about their prospects than they were a year ago, according to a new industry report released today. Seventy-five per cent of contractors surveyed said they were less…
UK-based independent Cairn Energy says its latest appraisal well on the deepwater SNE discovery offshore Senegal has 'confirmed the scale and potential of this world class asset.' The latest well, which is the final in a four-well campaign drilled this year…
French engineering house Technip and US-based underwater technologies firm FMC Technologies are to combine, creating a new US$13 billion business, the firms announced this morning. The companies, which firmed a joint venture, Forsys Subsea…
Siem Offshore has become the 100% owner of Secunda Canada, as the Canadian company took delivery of the Avalon Sea anchor handling tug supply (AHTS) vessel last week. As part of a recapitalization of Secunda, Siem acquired Birch Hill’s 50% ownership interest in Secunda Canada…
Statoil is joining a list of investigation teams surrounding the tragic Super Puma helicopter crash that killed 13 people last month by launching its own in-house analysis focused on safety. Image from CHC…
On first glance, the 23rd Norwegian Licensing Round doesn’t look too exciting. Ten licences split between 13 companies could be seen as a sign of the times for the exploration industry. However with a high level of committed wells, the opening of a new frontier…
The Norwegian Petroleum Directorate (NPD) has granted both Total E&P Norge and Tullow Oil Norge drilling permits in the North Sea. Map of 30/4-3 S, from NPD. Total’s wildcat Total…
The Energy Industries Council (EIC), the leading trade association for UK companies that supply goods and services to the energy industries worldwide, appointed Stuart Broadley as its new CEO. Broadley brings over 20 years of global energy services experience to his new role…
Russia’s Novatek and Thailand’s PTT signed a memorandum of understanding (MOU) to cooperate and study potential joint opportunities in the exploration and production of hydrocarbons, the implementation of LNG projects, the supply of LNG and the development of LNG markets…
Brazil’s National Petroleum Agency (ANP) granted a 27-year extension to Petróleo Brasileiro (Petrobras) for two concession contracts in the Campos basin, offshore Brazil that will lead to the drilling of 10 new wells. Image from Petrobras…
Fifteen leading offshore companies, including Shell, Chevron, and McDermott International, have signed a memorandum of understanding (MOU) to establish engineering industry standards known as the Standardization Unified Joint Industry Project (JIP)…
Drilling has commenced at Mubadala Petroleum's Sri Trang-1 exploration well in the Gulf of Thailand, using the Atwood Orca jackup. Sri Trang-1 is in the reservation area of the G1/48 concession, approximately 18km north northeast of the Manora oil development…
The first exploration wells on new Barents Sea acreage, which has been opened to the industry for the first time, could be in place as early as next year, targeting billion barrels of oil equivalent prospects. Three new licenses in areas…
For the first time, two sister platforms in an offshore wind farm will be connected by means of a bridge system with the aid of a new, flexible high-voltage cable with a conductor cross section of 800sq mm. This increases the guaranteed energy feed-in for the wind farm operator…
Heerema Marine Contractors (HMC) has appointed Harke Jan Meek as chief commercial officer as of 1 June 2016. In the role, Meek will be member of the HMC board and be responsible for the commercial and technology departments. Meek…
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