ROC Oil commenced drilling operations the second of two planned exploration wells in the Bohai Bay basin, offshore China, according to joint venture partner AWE. Map of Block 09/05. From ROC. The…
Njord Offshore have taken delivery of Njord Magni – the third 26m Quad IPS crew transfer vessel (CTV). Njord Magni is the third of four sister vessels to be delivered to Njord Offshore this year and is due to be shipped back to Europe from Singapore with Njord Thor in October 2015…
ExxonMobil and partner Canadian Overseas Petroleum Ltd. (COPL) are planning to return to the waters offshore Liberia as early as next year after the duo delayed drilling plans due to an Ebola virus outbreak in the region. Map of Block LB-13…
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Sally Jewell, US secretary of the Interior and Abigail Ross Hopper, Bureau of Ocean Energy Management (BOEM) director…
Eidesvik Offshore and Technip have entered into an agreement for the charter of the offshore construction vessel MV Viking Neptun for work to be performed on the TEN URF Development Project offshore Ghana. The firm contract period…
Trinidad and Tobago-focused Trinity is undergoing a multi million dollar cost reduction program that will include a management shakeup. Image from Trinity. According to Trinity…
Vallourec delivered 14,000-tonne of premium tubes in the scope of a contract with Hess Corp. for the Stampede project in the US Gulf of Mexico. Stampede is a deepwater subsea development which is located in the Green Canyon Block area…
In this video, Magma Global shows an animation of the m-pipe intervention line. The Magma m-pipe has applications in IWOCS, downline and chemical injection systems, offering the benefit of lightweight, robust construction and deployment…
Statoil received consent from the PSA to drill a new production well from the Heimdal facility. The well is to be drilled using a modular drilling rig (MDR). An MDR is a modular mobile rig installed in the facility's drilling area. One has been used for permanent plugging of wells at Heimdal…
French oil major Total has scaled back its production target for 2017 after announcing further investment cuts and project delays. Total says it is executing its plan to reduce capital spending to US$23-24 billion in 2015, from the peak of $28 billion in 2013…
French seismic firm CGG has completed full processing of all four phases of its BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste. The regional program, totaling more than 14,000km of broadband seismic data…
VNG Norge has started drilling on the Blink prospect in the Norwegian Sea offshore Norway. The well, 6406/12-5 S, is in license PL586, which also contains the recent significant Pil and Bue discoveries (announced in 2014), says partner Faroe Petroleum…
In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%, says the US Energy Information Administration (EIA). There were 304 offshore rigs operating in August 2015…
FMC Technologies has received an award from Shell for its Appomattox deepwater development in the US Gulf of Mexico. FMC Technologies will provide enhanced vertical deepwater trees, subsea manifolds, topside controls, a control system…
Technip and South Korea’s Samsung Heavy Industries (SHI) are teaming up to develop a joint design of a low motion semisubmersible production platform. Technip and SHI already work together under a consortium arrangement, the Technip Samsung Consortium…
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