ION Geophysical Corp. today announced that it has acquired Global Dynamics Inc. (GDI), an Ontario-based company that designs and develops marine towing systems and equipment, including its proprietary SailWing technology. ION plans to…
Eni's Clean Sea subsea robotic technology is to be used for the first time for marine environmental monitoring and offshore asset inspection offshore the Mediterranean and West Africa. Clean Sea is a type of hybrid AUV focusing on environmental…
Production has finally started from Norway’s first Arctic oil field, at the Goliat floating production facility in the Barents Sea. The 180 MMbo field, the first producing oil field in the Barents Sea and the northernmost producing oilfield…
Production continues as the Bureau of Safety and Environmental Enforcement (BSEE) responds to a fatality at the Whistler Energy II Platform A, in the Gulf of Mexico. The GC 18 platform. Image from Epic…
Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…
Williams Partners reached an agreement with Shell Offshore and Nexen Petroleum Offshore to provide deepwater gas gathering services to the Appomattox development, in the Gulf of Mexico. Appomattox is located 80mi offshore from the nearest shoreline in Louisiana…
Semco Maritime has been awarded a contract by Paragon Offshore for intermediate classification and service works on the Paragon MSS1 semisubmersible drilling rig. The service works will be performed at Semco Maritime’s rig facilities at Invergordon…
Noble Corp. anticipates the Noble Lloyd Noble newbuild jackup to have a delivery delay from the Sembcorp Marine Tanjong Kling shipyard, in addition to a delayed delivery date to Statoil due to damage endured to the rig last month. The…
Saudi Aramco is reducing dayrates by 5% with Hercules Offshore for three jackup rigs. On 9 March, Saudi Aramco sent Hercules a notice of the reductions for five-year contracts for the Hercules 261 and Hercules 262 from US$67,000 per day to $63…
The government of India approved a natural gas pricing system for gas produced from high pressure high temperature, deepwater and ultra deepwater areas that could attract substantial investment in the country’s upstream sector, as well as generate job opportunities…
Statoil, in an effort to further improve efficiencies and reduce costs, has decided to not to proceed with the evaluations of a potential business center in Europe. “Employee representatives and management must continue their efforts to identify other actions to achieve this…
Singapore's Keppel FELS is on track to deliver a fifth high-specification accommodation semisubmersible to Floatel International following the unit's naming ceremony today. Once delivered, the Floatel Triumph semisubmersible, built to Keppel's proprietary SSAUTM 5000NG design…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
The Offshore Technology Conference (OTC), which takes place 2–5 May 2016 in Houston, announces that 13 technologies will receive the 2016 Spotlight on New Technology Award. The awards will be presented at 1600 hours, 2 May, in the NRG Center Rotunda Lobby…
Anadarko Petroleum has cut some1000 jobs from its workforce, as the company braces itself for its proposed budget cut of nearly 50%, to stay afloat during the downturn hitting the entire oil and gas industry. Anadarko CEO Al Walker…
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