The GSF Explorer drillship is next on the chopping block as Transocean decides to scrap its 19th rig, causing an estimated US$120 million hit to the company. The Transocean Sedco Express was awarded a 45-day contract…
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch of ARCO Arctic oil to Europe during its sixth shipment. More than 2.9 MMbbl of oil has been extracted from the Prirazlomnoye oil field since production began…
The US$18.5 billion Santos GLNG project is approaching its 95% complete mark and is expected to produce first LNG around the end of 3Q 2015. From Santos GLNG. Previous guidance for first LNG was in 2H 2015…
Spectrum began a 3500km multi-client 2D seismic survey offshore Namibia. The BGP Pioneer. From BGP. The survey is being conducted in the Orange basin to complete the 6000km survey over the Namibia and South Africa border…
Louisiana-based LLOG Exploration Co. began production from the Delta House floating production system (FPS) in the Gulf of Mexico. Delta House. From LLOG. Delta House is located in Mississippi Canyon 254…
Eni's floating cylindrical platform for the Goliat field in the Barents Sea arrives in Hammerfest today (April 17) from South Korea after a 63-day voyage covering 15,608 nautical miles, the firm has announced. The 107m-diameter, 64,000…
Houston headquartered technical services firm ABS Group appointed Todd Grove as its new president and CEO. Grove most recently served as senior vice president and chief technology officer for ABS Group's parent company, American Bureau of Shipping (ABS)…
Shell takeover target BG Group has continued a dry exploration run offshore Norway with its latest exploration well near the Knarr field. The 34/3-5 well, on production license 373 S, in 403m water depth, was drilled about 5km southeast of Knarr in the Northern North Sea…
China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…
UK-based engineering firm Plexus secured its first contract with Cardon IV, a gas license granted by the Ministry of Petroleum and Mines of Venezuela to Eni and Repsol. The contract covers the supply of mudline suspension equipment services for a development well offshore Venezuela…
In April, Transocean’s Deepwater Asgard drillship arrived in the US Gulf of Mexico (GOM) to work under a two-year contract for Chevron. The ship is a Daewoo Shipbuilding DSME 12000 design with dynamic positioning capabilities and can drill up to 35…
Drill rig fleet operators are dropping dayrates as the market is squeezed due to the precipitous fall in global crude price. Industry insiders say dayrate bargaining by upstream companies is the play of the day. Rigs operating in the Middle East are particularly exposed…
Houston-based Eco-Engineering Solutions selected to use Paradigm’s Sysdrill software for well planning and drilling engineering. Image of well path positional uncertainty displayed in Sysdrill 3D viewer…
Elmar, the global leader in the design and manufacturing of wireline products for slickline and electric line applications, appointed Keith Thomson as global after-sales manager. Thomson, who brings more than 26 years of wireline operations experience to this role…
Ezra Holdings’ subsea services division, EMAS AMC, has won multiple new awards from various oil and energy companies worth approximately US$55 million. The Lewek Constellation. From EMAS. The scope of work includes project support…
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