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…
Norwegian seismic firm Polarcus has received a letter of intent from Spanish oil major Repsol for a broadband 3D survey offshore Morocco, to start Q3 this year. Repsol has exploration rights over two exploration blocks in Morocco, one offshore in the Gharb basin…
DeepOcean has named its latest vessel, the Maersk Connector, in Newcastle. The ceremony was held at A&P Tyne, where work to install the duel concentric 7000-tonne split capacity basket carousel, loading arms and associated cable handling equipment is nearing completion…
Sparrows Group has been awarded a 20-month inspection services contract to cover Stena Drilling’s global fleet of drilling vessels. The agreement will see Sparrows Group deliver LOLER lifting gear surveys, potential dropped objects surveys…
French engineering firm Technip has been awarded an engineering services contract by Australia's Woodside to provide multi-disciplinary engineering services as part of an engineering panel. This contract covers all Woodside operated onshore…
Several supermajor oil and gas companies including Anglo-Dutch supermajor Shell, Italian giant Eni, and US supermajor ConocoPhillips have surrendered more than 2 million acres in the Chukchi Sea. The Polar Pioneer…
Software that enables acoustic data to be streamed in real-time from subsea structures as they are installed has helped to reduce non-production time (NPT) for independent oil and gas producer, INPEX, and its survey contractor, Neptune Geomatics…
Fugro has begun a three-year period of metocean and ice data acquisition as part of the Barents Sea Metocean and Ice Network Project. The data will help operators to better understand relevant operational uncertainties and risk factors…
DMWA Resources, an oil and gas advisory, exploration and production, and trading firm, has begun offering its services on the African continent. The firm will capitalize on the African knowledge and experience of its management, and leverage…
The Industry Technology Facilitator (ITF) has appointed Richard Luff to its board as a non-executive director. A chartered civil engineer, Luff has over 40 years’ experience in the oil and gas sector and currently serves as INTECSEA’s senior vice president for the Europe and Africa region…
American offshore wind has for too long been overshadowed by the long-delayed Cape Wind project, but the winds of change might finally be blowing. Cape Wind, is a 130 turbine, 3.6MW offshore wind park planned for off Cape Cod, Massachusetts…
Malaysia’s Petronas has launched the hull for its second floating liquefied natural gas (LNG) facility, the Petronas Floating LNG2 (PFLNG2) at the Samsung Heavy Industries (SHI) shipyard in Geoje Island, South Korea. Late last month,…
Noble Corp. struck an agreement with its client, Freeport-McMoRan Oil & Gas (FMOG), and FMOG's parent company, Freeport-McMoRan, in connection with the drilling contracts for the drillships Noble Sam Croft and Noble Tom Madden, which were scheduled to terminate in July and November 2017…
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