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WGI expands Malaysia team

Mar 22, 2016

Asset integrity specialist Wood Group Intetech (WGI) is growing its team with new technical staff in Malaysia in response to heightened demand for its services, the company said.   Though known for its software solutions, the demand for WGI’s materials selection…

Oceaneering appoints asset integrity senior VP

Mar 22, 2016

Oceaneering International has appointed William (Bill) J. Boyle as its new senior vice president, asset integrity. In this role, Boyle will be responsible for Oceaneering’s Asset Integrity business worldwide. This business provides asset integrity management…

Petrobras takes biggest fall

Mar 22, 2016

Amid Petróleo Brasileiro’s (Petrobras) largest net quarterly loss in its history of US$10.2 billion (36.9 billion BRL), the Brazilian giant also confirmed its biggest oil column discovery at its Libra field. Petrobras headquarters…

Premier Oil to spud Bagpuss

Mar 22, 2016

Premier Oil anticipates to spud the Bagpuss well on 7 July, located in the UKCS Block 13/24c on the Halibut Horst, in the UK North Sea, according to partner North Sea Energy. An option has been exercised for the Ocean Valiant semisubmersible rig to drill the well…

Fugro inks Dana Western Isles gig

Mar 22, 2016

Dana Petroleum awarded Fugro to supply ROV drilling support services on board the Ocean Guardian MODU at the Dana-operated Western Isles developments in the northern North Sea. Operating one of its fleet of FCV 600 ROVs, specifically designed for North Sea drill support activities…

Reinvention opportunity for SPE Offshore Europe 2017

Mar 22, 2016

The organizers of SPE Offshore Europe have announced the chairman for the 2017 edition of the biennial event – and she says now is the time for the industry to reinvent itself. Catherine MacGregor (pictured, right), President Europe & Africa…

Lundin secures more financing

Mar 21, 2016

Lundin Petroleum has announced that it has entered into a committed short term revolving credit facility (RCF) of US$300 million and received additional commitments of $135 million under the reserve-based lending (RBL) facility accordion…

Woodside switches Atwood rigs

Mar 21, 2016

Atwood Oceanics’ Australia subsidiary has amended its drilling services contract with Woodside Energy for the semisubmersible Atwood Eagle.  The contract for the Atwood Eagle has been suspended by mutual agreement effective 19 March,…

New Zealand offers four blocks in 2016

Mar 21, 2016

New Zealand is offering four offshore blocks in its 2016 block offer petroleum tender. 2016 block offer map, from New Zeland Petroleum & Minerals. The four offshore release areas have a total acreage of 525…

EU to stop clock on Halliburton, Baker Hughes merger

Mar 21, 2016

The European Union (EU) is delaying Halliburton’s US$34.6 billion pending takeover of Baker Hughes once again, after not receiving key data about the deal, the European Commission (EC) said in a statement. Image from Halliburton…

DW: West Africa deepwater falls a further 44%

Mar 21, 2016

Douglas Westwood (DW) has revised its outlook considerably for West Africa’s deepwater prospects by 44% amid project delays and cancelations.   A year ago, DW said that exploration and production (E&P) companies within West Africa were…

Bourbon Arctic delivered, completes first operation

Mar 21, 2016

Bourbon has taken delivery of the Bourbon Arctic from the Vard Brattvåg shipyard (Norway) and completed her first anchor handling operation. The vessel was engaged in the disconnection and unmooring operation of the Island Innovator located at the Fosen field in the central North Sea…

Byron drills GoM appraisal following stuck pipe drill

Mar 21, 2016

Byron Energy has started drilling a sidetrack well to the SM 6#2 well in the Gulf of Mexico, after a drill pipe became stuck with several unsuccessful attempts over a three-day period to free it, according to partner Otto Energy. Map…

Statoil to launch Batwind

Mar 21, 2016

Statoil’s Batwind, a new battery storage solution for offshore wind energy, will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind illustration…

CentraMax RT1 finds success in GOM

Mar 18, 2016

Antelope Oil Tool (AOT), a manufacturer and supplier of casing and cementation equipment, has successfully run their CentraMax RT1 centralizer in ultra-deepwater Gulf of Mexico, in a deviated and under-reamed wellbore. A customer faced…

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