As Petroleum Geo-Services looks to further streamline its operations and cut costs, the company is stacking and considering scrapping or selling two vessels, and selling its PGS Khazar joint venture. PGS says the cuts, along with other initiatives…
Det norske oljeselskap ASA has hit another dry well in the Norwegian sector of the North Sea. The wild cat well on the Kvitola prospect was the first well drilled in production license (PL) 553. The duster on Kvitola follow on from Det norske's dry well on the Heimdalshø prospect…
Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…
BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…
Hansa Hydrocarbons hopes to start drilling in 2016 after completing a 3D seismic survey across '4Quads' licenses in blocks G18, H16, M3 and N1, offshore Netherlands. The survey covered about 965sq km, 40 km to the north of the Wadden…
Bestobell Marine has secured its first order to supply its range of cryogenic high pressure globe valves to DSME(Daewoo Shipbuilding & Marine Engineering Co Ltd) in South Korea. The valves have been developed over the past two years…
Engineering and project services company Clough Ltd. acquired Booth Welsh, a privately owned engineering services company headquartered in Ayrshire, Scotland. The acquisition follows the establishment of Clough’s engineering center in Glasgow earlier this year…
James Fisher Marine Services has been selected by MeyGen to complete the offshore marine installation elements of the initial stage of the project (Phase 1A). The 398MW tidal array project in Pentland Firth, Scotland follows the agreement…
Paradigm has released the latest version of Sysdrill 10, its integrated suite of well planning and drilling engineering applications. This upgrade is integrated with Peloton’s WellView/MasterView corporate database for drilling and well operations…
Two years in the making, Aker Solutions and Baker Hughes’ subsea production alliance was rubber-stamped by the regulatory authorities last week. The alliance, which brings together two companies that might not be seen as natural bed-fellows…
Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…
Dolphin Geophysical is to acquire and process a 7000sq km SHarp Broadband 3D survey offshore Senegal under a contract with Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess (pictured) has started operations and it will take about four months to complete…
Shell started production from its Cardamom subsea oil and gas field located in the Gulf of Mexico. The Cardamom system is tied back to Shell's Auger tension leg platform (TLP), marking the seventh subsea development to come onstream through the platform since first oil was achieved in 1994…
KrisEnergy Ltd. reported that the S.V. Nordic Bahari vessel began a 2D seismic survey in the Sakti production sharing contract (PSC) offshore East Java, Indonesia. The acquisition program, which will acquire 1200km of data, was awarded to PT…
Marine and engineering consultancy Aqualis Offshore opened an office in Mexico City, Mexico. This is the tenth country the company has entered since starting operations just over a year ago. In addition, Aqualis Offshore will this month…
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