Latest News - page 2268

 

Offshore Nigeria OBC work starts

Mar 10, 2014

Mobilization work for a 3D seismic ocean bottom cable (OBC) data acquisition survey in offshore production license (OPL) 233 offshore Nigeria has started.  Following mobilization, which is expected to complete by the end of March, the…

Dry North Sea wildcat for Statoil

Mar 10, 2014

Statoil Petroleum, operator of production license 248 C, is in the process of concluding the drilling of wildcat well 35/11-16 S on the Juv prospect. The well was drilled about 5.5km north of the Fram field in the northern North Sea, and about 130km northwest of Bergen…

Drilling ramp up on Ekofisk

Mar 10, 2014

ConocoPhillips Norge is due to start a multi-year drilling campaign on the Greater Ekofisk area, offshore Norway, this Spring, as it seeks to continue production from the Ekofisk and Eldfisk fields for decades. The campaign follows start up on the Ekofisk South development…

ExxonMobil to reduce capex

Mar 07, 2014

ExxonMobil Corp. announced at its annual investor meeting in New York on 5 March, that it will reduce its capital spending 6% in a continued effort to focus on profitability and returns on invested capital. Shares fell nearly 3%. Last…

Safety warning issued

Mar 07, 2014

Experts from the global oil and gas industry have heard that a catastrophic disaster can – and will – happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely. The stark warning was issued…

Cable laying under focus

Mar 07, 2014

Xodus Group, Cathie Associates, and UTEC Geomarine have formed a consortium which will aim to reduce the costs of generating electricity from offshore wind farms in UK waters. The Carbon Trust’s Offshore Wind Accelerator (OWA), which brings together nine offshore wind developers (DONG Energy…

Glacier buys NDT firm PTS

Mar 07, 2014

Glacier Energy Services has bought Professional Testing Services (PTS), the provider of non-destructive testing (NDT) and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s…

Bergen Group ups offshore focus

Mar 07, 2014

Bergen Group has decided to accelerate the process of reducing the group's future involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities.   As a part of this process, Bergen Group…

First steel cut on Alba

Mar 07, 2014

First cut for Marathon Oil's Alba field B3 compression platform project was marked at Heerema Fabrication Group's (HFG) HFG Polska yard, in Opole, Poland, with project partner Iv-Oil & Gas (Iv). Operated by Marathon Oil subsidiary Marathon E…

Schlumberger launches PowerDrive RSS

Mar 06, 2014

Schlumberger announced the launch of the PowerDrive Orbit rotary steerable system (RSS). The new RSS expands the operating envelope of rotary steerable technology by extending system life, delivering precise directional control, and increasing drilling efficiency…

Pil discovery in Norwegian Sea

Mar 06, 2014

An oil and gas discovery has been made on the Pil exploration well, which sits in the Norwegian Sea. London-based Faroe Petroleum said the Pil well (6406/12-3S) encountered a gross hydrocarbon-bearing reservoir section with about 135m…

SeaBird wins new 2D seismic deals

Mar 06, 2014

Norway-based SeaBird Exploration announced that its Osprey Explorer vessel was awarded a contract in South America with a major oil company.  The US $9million contract is expected to last about75 days and will commence in March. The…

Technip wins Jangkrik subsea deal

Mar 06, 2014

Technip has been awarded a subsea contract by Eni Muara Bakau B.V. (Eni), operator of the Muara Bakau PSC, for the Jangkrik project located in the Muara Bakau PSC working area, about 70km off the coast of Makassar Strait, Indonesia, at water depth ranging from 200m to 430m…

Oryx confirms discovery off Congo

Mar 05, 2014

Oryx Petroleum Corp Ltd. announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously announced in September 2013…

McDermott wins subsea cable deal

Mar 05, 2014

McDermott International, Inc. announced that one of its subsidiaries was awarded a contract to provide the electrical power supply system for Saudi Aramco in the Abu Ali and Khursaniyah fields in the Arabian Gulf. This contract is included in McDermott’s 4Q 2013 backlog…

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