Global offshore deepwater drilling services provider Ocean Rig UDW received a termination notice from Italian giant Eni for the Ocean Rig Olympia deepwater drillship. According to Ocean Rig, “due to the dramatic fall of the crude oil price and the volatile market context…
PGS has completed the acquisition of the 7300sq km CearáBasin “Fortaleza” MultiClient 3D survey on the Equatorial Margin of Brazil. The survey has significant industry pre-funding and marks the first use of a Ramform Titan-class vessel, the Ramform Atlas…
Equatorial Guineas’ Ministry of Mines, Industry and Energy, on behalf of the government of Equatorial Guinea signed a production sharing contract (PSC) with ExxonMobil E&P Equatorial Guinea (Offshore) and GEPetrol for Block EG-06, offshore Bioko Island…
Ampelmann, provider in motion compensation access solutions, opened an office in central Aberdeen as the next step in the continued expansion of the company. Ampelmann has an extensive track record in supporting walk to work campaigns in the North Sea…
Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products to extend its existing commissioning service. Headquartered in Aberdeen and specializing in the field of commissioning and start-up…
Germany’s Hansa Heavy Lift has appointed Mark Preece as its new senior advisor to help the company grow its presence in the global offshore industry. Preece. Image from Hansa Heavy Lift. Preece…
Eni is a step closer to starting production on the Barents Sea Goliat field in coming weeks following consent to use the Goliat floating production, storage and offloading (FPSO) facility from Norway's Petroleum Safety Authority (PSA). The…
Heerema Fabrication Group (HFG) says Marathon's Alba B3 topside and jacket have now been installed offshore Equatorial Guinea. The 2000-ton, four-legged jacket, built at HFG's Vlissingen yard in the Netherlands, supports the 4500-ton B3 compression platform…
It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…
Trelleborg Sealing Solutions has opened a dedicated climate-controlled swivel stack seal inspection facility for the validation of custom seals for floating production storage and offloading (FPSO) operators. The facility, located in Barendrecht…
Paradigm has released Paradigm Sysdrill 10.5, the latest version of its integrated suite of well planning and drilling engineering applications. New features in this release include updated modelling, including HDGM for declination calculation and ISCWSA Rev 4 error models…
Anglo-Australian multinational mining, metals and petroleum company BHP Billiton plans to have a capital expenditure of US$1.5 billion in 2016 for its offshore projects, and to remain focused on high-return infill drilling opportunities in the Gulf of Mexico and Western Australia…
Castex Energy is set to fabricate and install a platform jacket over the Main Pass Block 270 #3 BP 1 well on its Hummer exploration prospect, in the Gulf of Mexico, according to partner Petsec Energy. The well is located about 50mi southeast of Venice…
Shell’s full year 2015 results are expected to record a significant drop of about 54% compared to 2014, in addition to a reduction of some 10,000 positions across BG Group and Shell in an effort to streamline and integrate the two companies…
A series of talks aimed at young oil and gas industry professionals in Aberdeen launches with a look at risk management and collaboration early next month. The SPE Aberdeen Simplified Series is run by the Society of Petroleum Engineer's Young Progessionals section in Aberdeen…
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