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Nexans picks iSURVEY for Skagerrak

Jan 11, 2016

Nexans has awarded iSURVEY a multi-year frame agreement to provide navigation, positioning and survey support for its cable lay operations on board the C/S Nexans Skagerrak. iSURVEY will provide services including positioning and monitoring during cable lay and trenching operations…

WCS obtains IWCF drilling course accreditation

Jan 11, 2016

Well Control School (WCS) received accreditation from International Well Control Forum (IWCF) for its System 21 e‐Learning Drilling course. Image from WCS Facebook. The IWCF System…

Technip gains Serimax minority stake

Jan 11, 2016

Technip and Vallourec subsidiary Serimax signed an agreement in principle in order to achieve a strategic partnership in the domain of pipeline welding that will see Technip acquire a minority stake in Serimax. Image from Technip…

Mexico signs remaining PSCs

Jan 11, 2016

Mexico’s secretary of energy (SENER) announced on 7 January that it signed two remaining production sharing contracts with Pan American Energy and Fieldwood Energy for areas awarded offshore Mexico during the country’s phase two bid round held in late September…

Transocean Winner to drill on Volund

Jan 11, 2016

Det norske oljeselskap has received consent from the Norwegian Petroleum Safety Authority to use the Transocean Winner mobile drilling facility for production drilling and completion on the Volund field. Transocean Winner is a semi-submersible facility of the GVA 4000 type…

POSH wins Prelude towage gig

Jan 11, 2016

POSH Terasea secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (FLNG) platform.  As part of the project, POSH Terasea will tow the Shell Prelude FLNG over 3000nm from Samsung Shipyard in Geoje…

Protea completes Total FSO crane package

Jan 11, 2016

Protea has completed the manufacture of a comprehensive crane package for an FSO (floating, storage, and offloading) that will be chartered by Total for operation at the Martin Linge offshore development. Comprising of two deck cranes…

Lundin in Imbok-1 P&A off Malaysia

Jan 11, 2016

Lundin Petroleum subsidiary Lundin Malaysia has completed the Imbok-1 exploration well offshore East Malaysia. The well, located in Block SB307/308 encountered minor oil shows and was plugged and abandoned. The well was targeting hydrocarbons in Miocene aged sands…

Eni in Mpungi start up

Jan 11, 2016

Italy’s Eni commenced production from the Mpungi field offshore Angola that will bring production ramp up in the West Hub Development Project to about 100,000 boe/d this quarter. N’Goma FPSO. Image from SBM Offshore…

Songa suffers BOP failure on new Cat D

Jan 11, 2016

Norway, Cyrpus based rig operator Songa Offshore suffered a BOP equipment failure on one of its new Cat D semisubmersible drilling rigs as it was readying to start operations for Statoil.  The Songa Endurance started drilling operations…

UK strike action averted

Jan 11, 2016

UK trade union Unite repeated a call for the industry to end its year-long imposition of cuts after members in the Offshore Contractors Association (OCA) agreement accepted improvements to their terms and conditions. Following a consultative ballot…

Premier proves pay at Isobel Deep

Jan 11, 2016

Premier Oil has confirmed its Isobel Deep oil discovery offshore the Falklands, as well as an additional discovery in the same well.  The well, which was a re-drill of the 14/20-1 Isobel Deep well, hit 27m of net pay, with no oil water contact or gas…

12-year oil price lows mark start to 2016

Jan 11, 2016

Oil prices have been extremely volatile since the first trading day of 2016 and hit 12-year lows last week with Brent dropping below US$33/bbl for the first time since 2005. The fall in the Chinese manufacturing index, the Saudi-Iran…

US rig count drops nearly 60% year-on-year

Jan 08, 2016

Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…

ABS, MARIC expand collaboration

Jan 08, 2016

ABS, a provider of classification services to the global marine and offshore industry, has signed a strategic cooperation agreement with Marine Design and Research Institute of China (MARIC) to expand collaboration, focusing on operational…

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