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India to auction 67 fields

May 11, 2016

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…

UPDATED: Nigeria on high alert

May 11, 2016

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…

Premier cuts 15% Catcher costs

May 11, 2016

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…

North Sea drilling outlook remains bleak, says Awilco

May 11, 2016

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…

Rosneft spins bit under Sea of Okhotsk

May 11, 2016

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…

Polarcus lined up for Morocco shoot for Repsol

May 11, 2016

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…

Maersk Connector named in Newcastle

May 11, 2016

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 inks Stena Drilling gig

May 11, 2016

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…

Technip inks Woodside, Australia, engineering contract

May 11, 2016

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…

Supermajors drop Arctic leases

May 10, 2016

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…

Ichthys uses Sonardyne SensorView

May 10, 2016

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 begins Barents Metocean, Ice Network project

May 10, 2016

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 opens in Africa

May 10, 2016

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…

ITF adds Richard Luff to its board

May 10, 2016

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…

Winds of change offshore US?

May 10, 2016

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…

Current News

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Aquaterra Energy Gets Multi-Ye

Two DOF Vessels Get Work in North Sea and Australia

Two DOF Vessels Get Work in No

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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