Statoil’s final well in its 2013-2014 drilling campaign, wildcat well 7227/10-1, has come up dry and is permanently being plugged and abandoned, according to the Norwegian Petroleum Directorate (NPD). Map from Statoil…
The DNV GL and Grontmij consortium signed a framework agreement with TenneT TSO for the provision of engineering services worth an estimated US$48 million. Upon the terms of the agreement, the consortium and its partners Roos+Bijl and Joulz…
Claxton Engineering Services Ltd., developed a new conductor cementing support system (CCSS) that has typically saved 12 - 18 hours of rig time per conductor waiting for cement to cure. Claxton's conductor cementing support system…
While the specific terms of Mexico’s new contractual frameworks for its oil and gas industry are yet to be announced, the regime appears an attractive one and should be conducive to active bidding, according to an analyst with research and consulting firm GlobalData…
Vallourec Star was recognized for excellence in safety at the Muskogee City-County Port Authority annual Business and Industry Awards for reaching a 60% reduction in no-lost-time injuries from the previous year. Vallourec Star partnered…
The Inpex-operated Ichthys LNG project is moving forward with the installation of a 6500-tonne riser support structure (RSS) tower at the Ichthys Field, marking the beginning of the project’s major installation campaign. The Ichthys LNG project RSS…
Stress Engineering Services, Inc., acquired Efird Corrosion International, Inc., a technical service and research company specializing in corrosion testing and analysis. According to Stress Engineering, the acquisition will provide new corrosion management and testing capabilities…
Höegh LNG Holdings Ltd. it taking its option to order a fifth floating storage and regasification unit (FSRU) at Hyundai Heavy Industries (HHI) in South Korea. The FSRU, which will be delivered during the 1H 2017, has full trading capability…
Penspen announces the addition of two high-profile new appointments to its executive committee, including chief operating officer and executive vice president, sales and marketing. Top: Brown…
Following evidence submitted to the Treasury for its recent consultation on the North Sea tax regime, Oil & Gas UK has this week made a further representation, repeating calls for urgent reform in light of escalating industry costs and the falling oil price…
Atkins installed the subsea oil storage tank on the 40 million barrel Solan field west of Shetland, in the UK. Solan tank arrives on site. From Atkins. Fabricated at Dry Docks World Dubai…
The UK Government has announced that 134 licenses, covering 252 blocks, are being offered in the 28th offshore licensing round. Statoil, Total, Nexen, and EnQuest have the largest haul of operated licenses offered. A large number of smaller…
Andy Samuel, currently Managing Director of BG Group’s Exploration and Production in Europe, has been appointed as the inaugural CEO of the newly formed independent UK regulator, the Oil and Gas Authority (OGA). The UK government is…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
Statoil has decided to suspend two new rigs due to overcapacity in the rig portfolio. The semisubmersibles Transocean Spitsbergen and Songa Trym will be suspended through 2014, a period which might be extended. The Transocean Spitsbergen…
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