Maritime Developments (MDL) has delivered a new flexible pipe deployment and retrieval system for Magma Global, which is set to significantly reduce the costs and risks of light well intervention for the offshore oil industry. The m-IDP…
A jacket built for the for the Dudgeon Offshore Wind Farm offshore substation by Sembmarine SLP in Lowestoft, England, sailed away from the yard yesterday (11 May). The 1500-tonne structure that has dominated Lowestoft’s port skyline…
A new report produced for the Energy Technologies Institute (ETI) says there are no technical hurdles to permanently and safely storing large quantities of CO2 deep underground off the coast of the UK. There is also the potential for…
Wintershall Norge has awarded a four-year service contract to support its exploration and development projects in Norway to Halliburton. The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea…
Cooper Energy has agreed the terms of its exit from the Nabeul Permit, offshore Tunisia, with the country's government. The Nabeul joint venture has agreed to pay compensation of US$3.2 million to fulfill its remaining permit obligations that previously included drilling a well…
TGS has acquired approximately 141,000km, or 75%, of the planned 186,000km 2D seismic project, Gigante. Gigante covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic grid covering the entire US Gulf of Mexico…
Inpex completed the offshore pre-lay of the 77km chain and cable mooring system for its Ichthys LNG project in the Browse Basin, located off the northern coast of Western Australia. As part of the mooring system, 49 chains were laid on…
Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d. Image from Eni. The milestone…
Maersk Training has signed a global framework agreement with Statoil to provide drilling simulation training for the next three years with an option to extend for additional two years. Statoil has identified a need for advanced drilling…
Australia's AWE rejected an unsolicited US$309 million (AU$420 million) takeover bid from US private equity group Lone Star Japan Acquisitions. Lone Star's proposal was to acquire all of the shares in AWE for a cash consideration of $0…
India will auction 67 small oil and gas fields on 25 May that will test some of the key policy changes introduced by the government in the upstream sector, local media The Economic Times reported. The fields previously held by ONGC and…
West Africa’s reputation as a place to work in has never been that high in the eyes of many offshore oil and gas workers, particularly Nigeria. After a period of relative calm, recent events have put oil firms in Nigeria back on high alert…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…
Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
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