Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) delivered the ARABDRILL 70 jackup rig to Arabian Drilling (ADC). ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC. Keppel FELS had previously delivered two jackup rigs…
CGG announced that it has been appointed as technical consultant by the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round focusing on five highly prospective deepwater blocks…
Badger Explorer and the University of Glasgow, supported by the Oil & Gas Innovation Centre (OGIC), will collaborate on the development of the Badger Explorer technology, a rig-less formation and reservoir evaluation tool. The device drills down to the target reservoir…
Eni subsidiary Saipem is asking for up to US$3.8 billion (3.5 billion EUR) in capital from its investors to scale back its debt, as the company reported a 13% drop in revenue in 3Q 2015. Image from Saipem…
Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca…
Image: Chris Echols/Ashtead Technology Ashtead Technology invested more than US$300,000 in the latest generation of visual inspection tools for deep sea exploration. The investment…
Italian giant Eni has sold 12.5% interest in its subsidiary Saipem, to Fondo Strategico Italiano (FSI) in a move that is expected to enhance Eni’s financial flexibility and development. Image from Saipem…
DONG Energy announced it will construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19km off the west coast of Britain. The final investment decision has been made after securing all necessary consents from authorities…
FMC Technologies has developed and patented a technology to replace the orbital welding process used to connect small bore hydraulic tubing used in subsea equipment — the shape memory alloy subsea fitting. The technology is based on shape…
Statoil’s US$7 billion Mariner heavy oil project in the UK North Sea has been set back a year due to engineering and construction delays, the operator revealed today. The Norwegian operator's Aasta Hansteen project, in the Norwegian Sea…
New analysis is estimating that Eni’s Zohr natural gas discovery has significant technical, commercial, and strategic implications for the gas market in Egypt, according to IHS Energy. Map of Zohr…
The North Sea’s first producing oilfield, Argyll, has finally been brought back on stream by operator EnQuest, after being started and decommissioned twice in the past by previous operators. Argyll, now named Alma, and part of EnQuest’s Alma/Galia development…
Helix Energy Solutions Group's dedicated DP3 well intervention unit, the Q5000, semisubmersible entered service last week and is currently on hire for an unnamed client in the Gulf of Mexico, the company announced on 27 October. Helix took delivery of the semisub in May…
Galp Energia entered into an agreement with the Government of São Tomé and Príncipe, and Kosmos Energy for the award of Block 6 offshore São Tomé and Príncipe, offshore Africa. Galp Energia will be the operator of the block with 45% interest…
BG group's Brazilian operations reached record net production of 159,000 boe/d in July 2015. Located 300km from Sao Paulo, BG Group along with partners Petrobras, PTTEP Brasil, and Petrogral, have interest in Sapinhoa, Lapa, Lula…
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