Norwegian geoscience firms Petroleum Geo-Services (PGS) and Electromagnetic Geoservices (EMGS) have reached a settlement agreement over patent disputes. Instead of not allowing each other to use each other's technologies, the firms have…
The 'world-class' SNE oil field offshore Senegal contains at least 560 MMbbl, justifying 'a significant commercial development,' according to a partner on the deepwater project. The increase, given by FAR following an independent assessment of the field's contingent resources…
Norway's Statoil has made a 'minor' discovery near the Oseberg field in the Norwegian sector of the North Sea. The firm drilled two wells on production license 035/272, 30/11-11 S and 30/11-11 A, about 2km southeast of the Askja East…
WorleyParsons has been awarded a five-year engineering, procurement and construction management (EPCM) services contract for BP-operated assets in Azerbaijan, Georgia and Turkey. Under the agreement, WorleyParsons will provide EPCM services…
The UK North Sea's first use of a subsea oil storage tank has started, independent operator Premier Oil announced this morning. First oil on the Solan field, which was developed to use normally unmanned facilities, including subsea oil storage and tanker offloading…
While Ensco adds two more rigs to its cold-stacked list, the rig provider sold one of its semisubmersibles for US$1 million. The Houston-based company has also seen several of its contracts shortened. Image from Ensco…
Aegion Corp. is on schedule to begin pipe coating and the application of pipe insulation material for use on the Shell Appomattox project in the deepwater Gulf of Mexico, this fall. The insulation material vendor for the project, Materia…
Atlantic Offshore has sold most of its operations and subsidiaries to newly established company Aegopodium in a US$2.1 million (NOK 16.9 million) deal, after its own restructuring solution was rejected by stakeholders. The Ocean Sprite…
Antelope Oil Tool has developed the CentraMaxRT1 (rotating), PI1 (push-in) and PT1 (pull-through) Centralizer Subs, adding to the CentraMax product line. Image from Antelope. The…
Statoil has awarded Proserv a multimillion-dollar contract to provide production control equipment for its Gullfaks project in the North Sea. Upon the terms of the agreement, Proserv will supply five wellhead hydraulic power units for the field…
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1050ft (320m)…
DOF subsidiary DOF Rederi has entered into agreements with both Nexen Petroleum UK and Maersk Oil North Sea UK for charter contracts in the North Sea. With Nexen, a contract is scheduled to start in May for the Skandi Marstein in the North Sea…
Schlumberger’s Muriel Barnier has been awarded the inaugural Outstanding Young Professional Award. Image of Barnier, from IOGP Twitter. Gordon Ballard, Executive Director at…
Australia's Woodside Energy and Norway's Siem Offshore entered into a five-year charter contract for the delivery of Australia’s first liquefied natural gas (LNG) powered marine support vessel in 2017. Woodside chief operations officer…
The third of four new Cat D rigs being built to work for Statoil by drilling contractor Songa Offshore has started drilling operations for Statoil on the Norwegian Continental Shelf under its eight-year contract. The Songa Encourage is on operational day rate and working on the Skuld field…
Subscribe
