The Ichthys Venturer floating production, storage and offloading (FPSO) facility has arrived in Australian waters today (14 August), as Inpex gears up to begin hook-up and commissioning activities. The Ichthys Venturer at the DSME shipyard…
Petrobras encountered oil at the Poraquê Alto well, marking the company’s first commercial oil discovery in the pre-salt layer of the Marlim Sul area offshore Rio de Janiero state, Brazil. Map of Marlim Sul…
New North Sea well abandonment firm Well-Safe Solutions has made its first acquisition - Intervention Project Management (IPM) for an undisclosed sum. IPM’s founder and managing director, Phil Milton, has been appointed CEO of Well-Safe Solutions…
Expro has been awarded a substantial contract from global oil and gas company Maersk Oil for subsea and well test services on two offshore units in the North Sea. The contract will extend the long-standing partnership between the two companies until 2020…
The UK's Oil and Gas Authority (OGA) has included seven additional blocks to the 30th Offshore Licensing Round that was announced in late-July. Image from iStock. OGA said that…
Faroe Petroleum is targeting submission of a development plan for its Norwegian North Sea Brasse field in 2018, based on what could be a US$500 million, three to six well subsea tieback. The firm has just completed its latest Brasse field appraisal program…
With its remote and harsh operations, mining has similar characteristics to oil and gas exploration. Could the industry learn from mining’s efficiencies? Innes Auchterlonie and Andrew Woodward explain. Image from iStock…
Statoil successfully installed the largest jacket on the Norwegian Continental Shelf (NCS) at its Johan Sverdrup project, giving the Norwegian giant the first visible sign of the field. The jacket…
Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…
ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…
Energy services company Proserv has been awarded a series of contracts worth around US$4 million for its well severance, platform and floating platform, storage and offloading (FPSO) vessel decommissioning services in the Asia Pacific region…
Trelleborg has created a seal that works inside a new product, which was developed by Subsea Technologies Ltd. (STL), the 2in Hydraulically Retractable Subsea Coupler. Image from Trelleborg. The…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
Independent Oil and Gas has submitted a field development plan (FDP) to the UK Oil and Gas Authority (OGA) for the Blythe Hub. The project comprises the Blythe and Elgood fields, which are 100% owned and operated by IOG, and are in the…
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