Some 65 MMboe will be left untapped offshore Norway due to the early shut down of fields and the failure of the Vette project to meet economic margins, according to a report by the International Energy Agency (IEA). The IEA's April Oil…
Sevan Drilling and Cosco have agreed to defer delivery of the new-build Sevan Developer cylindrical drilling rig for another six months. The deepwater unit is being built by Cosco, but has faced construction delays. Meanwhile, Sevan has seen a slowdown in contract awards for deepwater units…
Aker Solutions is to provide maintenance and other services on Petrobras-operated subsea oil and gas fields offshore Brazil. The contract is for three years and worth NOK 1 billion and may be extended by another three years. The contract covers maintenance…
Classification society Bureau Veritas has issued Approval in Principle for the WindFloat Floating Offshore Wind Turbine (FOWT) foundation. WindFloat is designed by Principle Power and consists of a ballasted floating platform which supports a multi-megawatt wind turbine generator…
Nearly six years after the Deepwater Horizon disaster, the US Department of the Interior (DOI) and the Bureau of Safety and Environmental Enforcement (BSEE) has revealed final well control regulations designed to reduce future risks of a devastating offshore oil or gas blowout…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for wells 30/11-12 S and 30/11-12 A in production license 035 (PL 035), part of block 30/11 in the Norwegian North Sea. Well 30/11-12 S is wildcat well that…
Bibby Offshore’s Norway division, Bibby Offshore, secured its first contract in the Norwegian region with ConocoPhillips Skandinavia. Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering…
DeepOcean and Tullow have entered a three-year contract for vessel operations, offshore Ghana. DeepOcean’s Ghana arm will provide a light construction vessel (LCV) to Tulllow Ghana in the agreement, which comes with options for two further years…
Bristow Helicopters gave the passengers on its last scheduled flight to and from CNR International's Murchison platform in the North Sea a special fly-past viewing to mark the occasion. These pictures, by Bristow pilot Captain Jonathan Binnie…
The Trans Adriatic Pipeline joint venture has awarded Saipem an engineering, procurement, construction and installation (EPCI) contract for the offshore section of the Trans Adriatic Pipeline project. Image of the Castoro 10…
The National Offshore Petroleum Titles Administrator (NOPTA) has given its approval to Cue Energy Resources for its application to suspend its Permit Year 3 work program commitment for WA-359-P and extension of the permit term, off Western Australia…
The Norwegian Petroleum Directorate’s (NPD) updated estimate for undiscovered resources shows that the total remaining resources on the Norwegian shelf can provide a basis for oil and gas production for decades to come. Image of the Johan Sverdrup…
MEO Australia is achieving positive results from the seismic reprocessing and inversion study currently underway over the Beehive prospect in WA- 488-P, off the north coast of Western Australia. MEO said that Beehive is a potential giant…
OFS Partners, a new strategy consultancy and expert network, has been formally launched this week. The London-based firm, which has made the move as many in the industry are facing 30-40% falls in year-on-year performance, says the industry is in turmoil and operators…
As subsea systems become more complex, both installation and life of asset management become challenging. Alistair Birnie looks at Ashtead Technology’s development of an advanced suite of common integrated building blocks to support subsea…
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