Cairn Energy updated plans for drilling the Gargaa well off Morocco during its Annual General Meeting on 16 May. Cairn has established a position in both the Jurassic carbonate shelf and the emerging deep-water Mesozoic clastic exploration plays…
In an interim management statement on 15 May, Cairn Energy plc announced that three executive directors would stand down, as part of the Company’s long term succession planning. Sir Bill Gammell, Founder and Chairman, Dr. Mike Watts, Deputy CEO…
Hungary’s MOL Group is eyeing North Sea operatorship and has deep enough pockets to do it. Elaine Maslin spoke to exploration director Alex Dodds (pictured). Hungary’s MOL Group is aiming to double its production within at least five years and then double it again after that…
Greenpeace activists this (Tuesday 27 May) morning boarded two oil rigs in an attempt to disrupt their planned deployment to areas within the Arctic Circle. A group of 30 activists in the Dutch port of IJmuiden occupied the GSP Saturn…
Exploration well 31/2-21S targeting the Gotama prospect, offshore Norway, did not encounter reservoir quality sandstones in the Upper Jurassic main target, says operator Tullow Oil. The well, in production license 550, encountered reservoir…
On May 22, Pemex announced that the substructure of the Ayatsil B platform was floated out from McDermott International’s Altamira yard in Mexico's Tamaulipas state. Two years ago, McDermott announced that it received the contract for the new Ayatsil B drilling platform (May 2012)…
Maersk Drilling has chosen to equip its soon-to-be completed XL Enhanced 4 jackup rig with seven Boat-In-A-Box lifeboat and rescue boat systems from the Danish davit manufacturer Xervo. The system was developed in line with NORSOK R-002 standards and meets those standards…
Netherlands-based Royal Boskalis Westminster provides this animation of the new ultra large Dockwise V-class heavy marine transport vessel that it is currently studying.
UK offshore oil and gas industry optimism continues to decline amid rising operating costs and a decline in exploration activity. But, despite the declining optimism, sentiment in the industry still remains positive, according to Oil & Gas UK’s Q1 2014 Business Sentiment Index…
The urgent need to address the global cost competitiveness of Australia’s oil and gas industry has been highlighted by a new analysis that shows fewer exploration wells are being drilled offshore despite significantly higher expenditure. An…
UK plate and specialty metals supplier Murray Metals (MM) has bought Alphastrut, giving it a foothold in the offshore oil an dgas industry. Alphastrut offers an aluminium support and cable containment system which MM says is more than…
Materials technology and engineering specialists Aubin has completed the first operational trial of its liquid gel lifting technology system LiquiBuoy. The company conducted rigorous testing of its liquid gel technology at The Underwater Centre in Fort William…
Norwegian shipyard Kleven has signed a contract with Olympic Shipping for the building of an IMR vessel of MT 6021 MKII design. The contract value is around NOK450 million, and the vessel will be delivered from Kleven Verft in June 2015. The…
Statoil has exercised a two-year contract extension with Altus Intervention for the provision of mechanical wireline services on Statoil-operated fields and mobile drilling units on the Norwegian continental shelf. The scope of the extended…
Rosneft is to take a 'significant equity stake' in drilling firm North Atlantic Drilling (NADL) as part of an agreement between NADL and its majority owner Seadrill, as the Russian firm looks to ramp up its offshore exploration efforts. The agreement…
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