A Russian offshore gas and condensate field in the Sea of Okhotsk has been added to a US-sanctions list prompted by Russia's actions in Ukraine. The Yuzhno-Kirinskoye field, 35km northeast of Sakhalin Island and 6km southeast of the Kirinskoye field…
Iran said it is ready to negotiate with Japan over the return of the country’s enterprises to its oil projects as well as its upstream industries. Iran’s Oil Minister Bijan Zangeneh told reporters after a meeting with a visiting Japanese…
Denmark's Maersk Drilling has been awarded a new contract for the jackup rig Mærsk Giant with Danish energy utility DONG Energy. The firm contract covers 150 days of work on the Nini and Siri field in the Danish part of the North Sea…
After almost eight decades of Pemex monopoly, the Mexican energy sector is entering a new era of foreign oil company participation. A decade of steady decline in domestic oil and gas production has incentivized the Mexican government…
Falklands and Mediterranean-focused explorer Rockhopper Exploration has taken a step forward in its plans to develop an offshore Italy oil field. The firm's Ombrina Mare field environmental impact assessment has been approved by Italy's…
Okeanus Science and Technology has announced the acquisition of a suite of deepwater lights, lasers and high-definition cameras to its portfolio of rental equipment. Capturing subsea applications requires powerful underwater lights, video and still cameras…
In 2H 2015, Fugro’s revenue increased by 4.3%, however, the Netherlands-based company will cut an additional 200 jobs from its workforce by the end of the year. Image from Fugro. Total revenue for 2H 2015 came in at about US$1…
DOF Subsea North America has been awarded an inspection, maintenance, and repair (IMR) contract with Freeport McMoran for a period of six months firm. The operations will commence immediately and the vessel Harvey Deep Sea will be utilized under the contract…
Sound Oil, the Mediterranean focused upstream gas company, announces that it is to change its registered name to 'Sound Energy plc.' Following the company's increasing gas focus and expected first production from its Nervesa field in 2015…
Industrial technology specialist Tracerco launched the Observa radiation area monitoring system that measures radiation dose rates and helps ensure radiation safety and source security. With more than 50 years experience in producing industry-leading detection…
The International Marine Contractors Association’s (IMCA) 2014 survey of remotely operated vehicles (ROV), and ROV personnel reveals that in February 2014 a total of 3369 ROV personnel (superintendents, supervisors, pilot techs and other offshore ROV support personnel) were working…
Chevron's multi-billion dollar deepwater west of Shetland Rosebank development appears to be edging closer back to fruition after a contract was awarded for the floating production, storage and offloading (FPSO) vessel turret. The Rosebank project was on track until 2013…
FMC Technologies recently delivered four subsea wellheads in Nigeria for Total’s Egina project – the first to be entirely fabricated in country. The wellheads were fabricated for FMC Technologies by Oiltools Africa Limited (OAL), a Nigerian company…
ExxonMobil subsidiary Esso Australia has successfully completed its Turrum field drilling program, drilling five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies. The AUD$335 million investment involved…
Russia's Ministry of Foreign Affairs earlier this week announced it had submitted a revised bid claiming 1.2 million sq km of Arctic sea shelf to the UN Commission on the Limits of the Continental Shelf (CLCS). The country's previous bid in 2002 were rejected for lack of evidence…
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