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Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Mapping a platform

Feb 04, 2015

Laser scanning with real-time results using offshore-approved tablets is coming, say Carl Bennett and Stewart Buchanan. Linking together data from multiple surveys to create whole platform virtual model Images from Wood Group ODL…

DONG acquires full ownership of Hornsea Project One

Feb 04, 2015

DONG Energy has acquired the remaining 66.66% ownership interest in the UK offshore wind development Hornsea Project One from its joint venture partner SMart Wind. DONG Energy entered into the joint venture with SMart Wind in December 2011…

HAL introduces new XBAT size

Feb 04, 2015

Sperry Drilling, a Halliburton (HAL) business line, has introduced a 4-3/4 inch slimhole size to its XBAT LWD service. HAL’s portfolio now includes 4-3/4, 6-3/4, 8 and 9-1/2 inch tools, which allows the XBAT tool to service wellbore holes ranging from 5-3/4 to 36 inches…

Tristein, Aqualis merge

Feb 04, 2015

Aqualis ASA and  Tristein AS have merged into Aqualis Offshore AS. Aqualis ASA acquired Norwegian company Tristein AS in April 2014. Tristein has since operated as a stand-alone entity as part of the Aqualis Group. Now the company is…

Chevron acquires African stake

Feb 04, 2015

Chevron’s subsidiary Chevron Mauritania Exploration acquired a 30% non-operated working interest from Kosmos Energy in three blocks offshore Mauritania, Africa. Map from Kosmos.   Blocks C8…

Outland Technology comes out with HD 1080P camera

Feb 04, 2015

Outland Technology (Outland) has come out with a new underwater HD Camera, model UWC-625. The UWC-625 comes standard with an XSK-5-BCL, allowing it to run on all existing Outland cables still out in the field, and can transmits HD 1080P over standard Outland coax cable…

Teledyne buys Bowtech

Feb 04, 2015

Teledyne Technologies has acquired Aberdeen-based Bowtech Products through its UK-based subsidiary. Bowtech designs and manufactures harsh underwater environment vision systems. Founded in 1989, Bowtech is a leading supplier of rugged…

Development drilling starts on Ichthys

Feb 04, 2015

Development drilling has started on the INPEX-operated Ichthys gas-condensate field, part of the Ichthys LNG Project about 200km offshore Western Australian. The first of about 20 horizontal production wells to be drilled was spudded 3 February…

Damen takes on Technip's Global 1200

Feb 04, 2015

Damen Shipyrepair Rotterdam has won a new significant contract from Technip for dry-docking, upgrades and operational modifications to the deepwater rigid pipe S-lay and heavy lift vessel, the Global 1200. The vessel arrived at the yard in January 2015 (pictured)…

Sætre takes Statoil reins

Feb 04, 2015

Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…

Wood Group bags offshore Australia contract

Feb 04, 2015

Wood Group Kenny (WGK) has secured a contract with Woodside to provide the front end engineering design (FEED) of the flowline system, and associated procurement support, for the proposed Greater Western Flank Phase 2 (GWF-2) development for the North West Shelf (NWS) Project…

Petrobras in additional Sergipe find

Feb 03, 2015

Petróleo Brasileiro S.A. – Petrobras confirmed a light oil and gas discovery by at the third extension well in the ultra deepwaters of Sergipe basin’s Farfan area, off Brazil. Farfan map. From Petrobras…

Shell sets out Brent decommissioning

Feb 03, 2015

Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell.   The decommissioning program will begin with the Brent Delta platform…

Sustained low oil prices provides canvas for industry to reinvent itself

Feb 03, 2015

Voluntary oil production cuts to support oil prices have been ruled out in favor of a brutal process of natural selection to correct the market. The most efficient producers will be left standing as growth slows and companies cut capital budgets and reduce headcounts…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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