Image from Jumbo. Jumbo's J-class vessels Jumbo Jubilee and Fairpartner were scheduled to transport 16 piles to Shell's Prelude field, site of the world's first FLNG vessel, off the coast of northwest Australia…
Ratings agency Moody's has painted a bleak picture for 2016 for the upstream oil and gas industry. The firm predicts a prolonged period of oversupply will keep oil prices lower for longer and continue to pressure issuers in the oil and gas industry in 2016…
Wellhead servicing specialist Well-Centric secured a US$12 million (£8 million) contract to provide offshore and onshore maintenance and repair services to Apache’s North Sea subsidiaries. The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services…
Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue, undergo workforce reductions, and an organizational restructure of its maintenance, modifications…
Technip has been awarded a lump sum contract by Deep Gulf Energy II for work on the ultra-deepwater Odd Job development. The Odd Job field is in the Mississippi Canyon, in the US Gulf of Mexico, in 1330-1825m water depth. The contract…
Ampelmann, the global leader in motion compensated access solutions, has been awarded its first contract in Brazil. Under the contract, Ampelmann will provide its E-Type system to Boskalis in support of an extended floating production…
Statoil has awarded maintenance and modification agreements worth NOK24 billion (US$2.7 billion) for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. The…
Bibby Offshore's subsidiary Bibby Subsea has won a multi-million dollar decommissioning project in the US Gulf of Mexico, starting in 1H 2016. Bibby is mobilizing its dive support vessel Bibby Sapphire from the North Sea for the work…
Det Norske's Alvheim floating production, storage and offloading vessel has returned to full capacity after an electric fault was fixed. The fault, which occurred late November, was in the high voltage drive motor for one of the gas export compressors on Alvheim…
Vaalco Energy’s North Tchibala 2-H well, the second development well drilled by Vaalco in the North Tchibala field, was brought online, offshore Gabon. The well was stabilized at rate of approximately 500 b/d, gross. The well was drilled to a measured depth of 16…
The Delek Group and its Leviathan partners are setting the record straight by refuting recent media reports regarding Leviathan’s development field plan. Map of Leviathan. From Noble Energy. Media…
Rosneft produced 2 million tonne of oil since the production start at the Northern Tip of Chayvo field in 2014. Image from Rosneft. The Northern Tip of Chayvo field is located in the Sakhalin shelf area…
Statoil, Gassco and ExxonMobil have received consent for manned underwater operations in 2016, from the Petroleum Saftey Authority (PSA) of Norway. The services are to be supplied by Technip and Subsea 7. Image from Statoil…
Ezra Holding appointed group founder Lee Kian Soo as its non-executive chairman after Koh Poh Tiong steps down with effect from 1 February 2016. Soo has been in the shipping and offshore support services industry for more than 40 years…
KrisEnergy, an independent upstream oil and gas company, announces that it has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea. Image from KrisEnergy…
Subscribe
