Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp and Prezioso Linjebygg. They will provide services to 20 of the company’s…
Maritime safety equipment and servicing manufacturer VIKING Life-Saving Equipment has received type approval from Lloyd’s Register for its new offshore evacuation chute system, certified to operate at an unprecedented evacuation height of 81m to sea level…
Aker Solutions, N-Sea and Saab are in contention for the Subsea Company of the Year award at this year’s Subsea UK Awards, held during Subsea Expo – Europe’s largest subsea focused exhibition and conference, and supported by principal media partner OE…
Quadrant Energy encountered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia. Map of Roc-1, courtesy of Carnarvon. Roc…
Singapore's KrisEnergy has doubled its production of oil and gas in four fields in the Gulf of Thailand, in addition to one onshore gas field in Bangladesh. Together, production stood at 19,935 boe/d as at 1 January 2016. According to KrisEnergy…
Ongoing storms in the North Sea have seen another vessel break loose and start drifting. According to reports on Norwegian news sites, the Safe Bristolia flotel, which was being towed from the UK to Poland, is drifting about 120km offshore Scotland…
Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation. Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…
2015 was a tough year. Spending and headcounts have been slashed across the industry and the specter of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped. Late December saw Moody’s downgrade its…
UK based independent Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal. The firm performed drilling, coring, logging and drill-stem testing (DST), as part of its latest, minimum three-well exploration campaign offshore Senegal…
A joint venture between Amec Foster Wheeler and Clough, Clough AMEC, has been awarded a three-year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
Jon Fredrik Müller and Audun Martinsen, of Rystad Energy, take a look at rising costs and the downturn and share how these two will affect the subsea market going forward. An illustration of the Johan Sverdrup field center…
As easy oil depletes all over the world, Middle Eastern producers are turning to digital oilfield technology to not only enhance recovery but make finds economical to produce. Heather Saucier investigates the region’s technological gains…
While depressed commodity prices lend to pessimism, floating production systems are projected to remain an integral component of offshore field development. Quest Offshore analyst Andrew Jackson explains. The…
Aging infrastructure, deep waters, high-pressures and rising levels of H2S and CO2 are all on the hit for Technip’s VP of technology development. Elaine Maslin spoke to Group SVP Subsea Innovation & Technology Laurent Decoret. Laurent Decoret…
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