Dana Petroleum has successfully completed the drilling of the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea last week. Map from Dana Petroleum…
Dana Petroleum awarded Atlantic Offshore an emergency response rescue vessel (ERRV) contract to support the Ocean Guardian semisubmersible in the UK North Sea. Atlantic will use its Ocean Sprite ERVV in the contract, which is for two wells estimated at 70 days each…
NUTECH has partnered with WellDatabase to launch NuQuest, the industry’s first comprehensive and intuitive digital platform providing standard well data coupled with corresponding reservoir characterization, and engineering expertise. The…
Aibel cut the first steel for the DSM module for Statoil’s Johan Sverdrup drilling platform at its Haugesund yard, where a busy period awaits until the platform is completed in 2018. Aibel expects to finish the DSM module come summer 2017…
Royal Dutch Shell has officially acquired 100% of BG Group today (15 February) in a US$70 billion mega merger that leaves Shell as one of the biggest oil and gas companies in the world. Shell CEO Ben van Beurden…
French cables firm Nexans has been selected to supply the cabling for Total's deep water Egina floating production, storage and offloading (FPSO) vessel. The vessel is being built by Samsung Heavy Industries under a Euro 2.8 billion turnkey contract - its largest FPSO contract to date…
Focus on the small South American country of Uruguay is set to sharpen after Statoil took a further stake in the country's deep offshore acreage. Statoil, which earlier this month announced it would be a partner with Total on the first deep water exploration well offshore Uruguay…
Mike Jardon is to take over as CEO of UK-based Expro succeeding Charles Woodburn, who is leaving the company in April to join defense firm BAE Systems. Jardon joined Expro in 2011 as COO, after holding senior roles within Schlumberger’s wireline…
Forsys Subsea, the joint venture between FMC Technologies and Technip, has been awarded a contract from Statoil to provide a subsea front-end engineering and design (FEED) study for subsea tie-back of Trestakk to Åsgard A floating production…
Optimarin has won a contract to install its Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides, the world’s only purpose built monohull accommodation vessel. The Norwegian ballast water treatment (BWT) specialist secured the…
Paragon Offshore is planning to file for bankruptcy this week in a deal that will eliminate more than US$1.1 billion of debt and reduce annual cash interest payments by nearly $60 million. Image from Paragon…
Chevron Corp. has appointed Stephen W. Green as its new president of Chevron Asia Pacific Exploration and Production effective 1 April 2016. Green, 58, succeeds Melody B. Meyer who is retiring from Chevron after 37 years of distinguished service to pursue other opportunities…
Transocean’s Deepwater Thalassa has commenced operations on its 10-year contract for Shell’s Stones project in the US Gulf of Mexico this month. The Deepwater Thalassa. Image from Transocean. Stones…
Statoil has awarded Heerema Fabrication Group (HFG) the contract for the engineering, procurement and construction (EPC) of the unmanned wellhead platform at Oseberg Vestflanken 2, as well as the transport and installation of the platform…
Blackstone and former senior executives of Pride International have partnered to form Clarion Offshore Partners, a platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial commitment from private equity funds managed by Blackstone…
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