Norway's Statoil has made a 15-75 MMboe gas and condensate discovery near the 70-200 MMboe King Lear discovery located just 17km from the Ekofisk facilities. The Julius discovery well 2/4-23S, drilled using the Maersk Gallant jackup in 68m water depth…
Image: Joanne Keilloh/ Seatronics Seatronics appointed Joanne Keilloh as its new group QHSE coordinator based in Aberdeen. Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company…
In this video SBM Offshore shows an overview of the floating production and storage offloading (FPSO) units the company has been working on, including a tally of their current project and offerings.
Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…
SKF, the knowledge engineering company, has launched a shaft alignment tool. The TKSA 51 is a comprehensive system for all alignment tasks designed for use with tablets and smartphones. The TKSA 51 app makes it quick and easy to set up of motors…
Viper Subsea released the next generation V-LOCK hydraulic stab plate, which was originally launched in 2011. The new model is designed such that all the coupler float requirements are built into the flying half of the stab plate, with…
The Petroleo Brasileiro SA (Petrobras) Lava Jato scandal is in the forefront once again as the Brazil state-run company confirmed the findings of contract irregularities; convictions were handed down to three former executives in connection with the scandal…
Rowan Companies retired two of its 32 offshore drilling rigs from service — the Rowan Alaska and Rowan Juneau — effective as of 1 July 2015. The company entered into contracts for sale of the rigs with an expected closing by the end of the month…
UK-listed small-cap exploration firm Xplorer has today signed a memorandum of understanding for the acquisition of a working interest in five shallow offshore exploration permits off the coast of Morocco. Xplorer has negotiated the acquisition from Teredo International of Teredo Morocco…
Oil & Gas UK has released updated well abandonment guideslines to improve cross industry understanding of well-related issues on the UK Continental Shelf. The new publication includes guidance on generating cost estimates to support well abandonment operations…
Keppel Shipyard has signed its third contract with Golar LNG worth approximately US$684 million for a floating LNG conversion. Keppel Shipyard will convert Golar’s Moss type LNG carrier, the Gandria, into a Golar Floating LNG (GoFLNG) facility…
Fugro is now offering cable-lay in addition to trenching to its offshore windfarm and tidal energy clients. The company has equipped its trenching vessel Fugro Saltire with a compact, custom-made, cable-lay spread. This comprises a reel drive system to store the cables…
ExxonMobil reports that it signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corp. (Kogas) to hold discussions concerning natural gas technologies and new energy technologies…
FMC Technologies is down 15% from 2014, however, its subsea orders were stronger, and the company expects them to steadily increase to exceed US$3 billion in 2015. Image from FMC. The company’s 2Q 2015 revenue came in at $1…
Petrobras has extended the RSV contract for the vessel Geoholm for 18 months until December 2016. The extension is a direct continuation of the current contract and the vessel has been operating for Petrobras since January 2014. The…
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