Latest News - page 2315

 

Polarcus starts Gambia 3D survey

Jul 20, 2015

Seismic acquisition firm Polarcus has started a new 3D broadband multi-client project across the Mauritania-Senegal-Guinea-Bissau basin, offshore Northwest Africa. The project, supported by industry funding, will cover 1500sq km offshore The Gambia and is expected to run for 50 days…

Jubilee gas export outage

Jul 20, 2015

Oil output at the giant Jubilee field has been constrained after gas output was suspended 3 July due to technical issues with gas compression systems on the floating production, storage and offloading (FPSO) vessel Kwame Nkrumah, says operator Tullow Oil…

Maersk Drilling extends rig contract

Jul 17, 2015

Image: Heydar Aliyev/Maersk Drilling Maersk Drilling has been awarded a five-year contract extension for the semisubmersible Heydar Aliyev rig with BP Exploration (Shah Deniz) acting as operator of  the Shah Deniz field…

Wärtsilä realigns, cuts staff

Jul 17, 2015

The weak oil market is causing a restructuring at Wärtsilä’s Ship Power business that will result in rebranding the company and a loss of 600 jobs that will ultimately save Wärtsilä approximately US$43 million (EUR 40 million) annually. Image…

Shell Arctic rigs get BSEE inspection

Jul 17, 2015

The Bureau of Safety and Environmental Enforcement (BSEE) inspected Shell’s drilling rigs for its US$1 billion Arctic drilling program, the Noble Discoverer, Polar Pioneer and the Fennica icebreaker vessel in Alaska. Pre…

atg UV Technology develop BOP UV disinfection package

Jul 17, 2015

atg UV Technology and Aberdeen-based subsea blowout preventer controls specialists Raisepower have designed a treatment solution that combined UV treatment and filtration to prove the effectiveness of UV disinfection in treating hydraulic fluids used for subsea BOP operation…

Industry speaks out on BSEE well control rules

Jul 17, 2015

The International Association of Drilling Contractors (IADC), along with seven other oil and gas industry trade associations, submitted a joint letter today to the Bureau of Safety and Environmental Enforcement (BSEE) with comments on the…

ConocoPhillips cancels Ensco drillship

Jul 17, 2015

Houston-based ConocoPhillips terminated its order for the recently delivered Ensco DS-9 deepwater drillship in concurrence to its plans to reduce future capital expenditures in deepwater exploration. The Ensco DS-9…

WoodMac: Russia OK with US$60/bbl

Jul 17, 2015

Wood Mackenzie has evaluated the competitive position of the three largest Russian oil and gas producers at US$60/bbl oil and their strategic action taken to date. In 2014, the Russian majors' share price performance was hit harder by…

Diablo in the southern Porcupine detail

Jul 17, 2015

Irish offshore explorer Providence Resources says recent seismic has offered promising data on the Diablo Ridge ridge prospect in the southern Porcupine Basin.  Diablo Ridge is in frontier exploration license (FEL) 2/14 in the southern Porcupine Basin…

Halliburton releases new pulsed-neutron tool

Jul 16, 2015

Halliburton's wireline and perforating business introduced the Reservoir Monitor Tool 3-Detector (RMT-3D) pulsed-neutron tool that helps solve for water, oil, and gas saturations within reservoirs using three independent measurements (Sigma…

Wintershall gets North Sea consent

Jul 16, 2015

Wintershall, operator for production license 248 in block 35/11 in the North Sea, has received consent to drill exploration well 35/11-18 in the North Sea. The formation into which the well will be drilled is designated 'Syrah'. Drilling…

Akastor names new CEO

Jul 16, 2015

Akastor has announced that its board of directors has appointed Kristian Røkke as its CEO. Røkke will succeed Frank O. Reite, who will take the position of CFO at Aker. Røkke, who is currently chairman of Aker Philadelphia Shipyard (AKPS)…

Repsol, RSI announce joint technology project

Jul 16, 2015

Repsol and RSI have signed a three-year, US$11.5 million agreement under which they will co-develop a state-of-the-art platform for the integrated interpretation and joint inversion of seismic and CSEM data within a rock physics modeling framework…

Castex starts drilling offshore Louisiana

Jul 16, 2015

Image: Hummer drilling operations/Petsec Energy Castex Offshore Inc. commenced drilling the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect…

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