CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located West of Shetland. Petrofac is the first outsourced well operator to manage a drilling campaign in the UK Continental Shelf…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
ABS Group received a contract to provide project certification services to DONG Energy Wind Power for the planned Borkum Riffgrund 2 (BKR02) offshore wind farm in Germany. Developed by DONG Energy, the BKR02 Project is expected to be fully commissioned in the first half of 2019…
Noble Energy and its partners in the Tamar project will drill at the Tamar-8 well offshore Israel in Q4 2016. Image of Tamar operations, from Delek. Tamar-8 is located 100km west of Haifa…
The first phase of a DNV-GL-led joint industry project (JIP) with South Korean shipyards to promote a global standard for engineering and construction of offshore oil and gas installations has delivered four recommended practices (RPs). The outcome of the JIP will be reduced complexity…
Halliburton announced Mark McCollum will resume his role as executive vice president and chief financial officer effective immediately. McCollum will continue reporting to Dave Lesar, chairman and CEO of Halliburton, and will remain a member of the company’s executive committee…
Ocean Yield completed the modification of the Aker Wayfarer multipurpose offshore construction vessel at Kleven Myklebust yesterday (6 July). The vessel is on long-term charter until 2027 and will receive an additional charter rate reflecting the modification investment as from 6 July 2016…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…
Tullow Oil Norge failed to find any hydrocarbons at the Rome prospect in the Central North Sea, and will now plug and abandon exploration well 16/5-6 in production licence PL776. The well was drilled to a total vertical depth of 2319m…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
UK-based independent Faroe Petroleum was awarded license option 16/23 in Ireland’s 2015 Atlantic Margin Licensing Round. The option covers 960sq km in the Slyne/Erris Basin, in about 280m water depth about 15km from the producing Corrib gas field…
The Norwegian Oil and Gas Association and the Norwegian Union of Energy Workers (Safe) reached agreement on the well service pay agreement during the evening of 6 July. Strike action has thereby been averted. “The mediation process was demanding…
Well intervention provider Altus Intervention, a subsidiary of Norway's Qinterra, has secured a long-term frame agreement with Statoil for the delivery of mechanical wireline services. The total duration of the agreement, including options…
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