Eni has lined up a series of agreements with the Astana government that will see the Italian giant have the rights to explore the Isatay block in the Caspian Sea. Descalzi. Image from Eni. Eni…
Gulf of Mexico oil and gas operators have evacuated workers and secured offshore facilities to prepare for the impact of Tropical Storm Cindy. Source: Accuweather As a result of these precautionary measures…
Improvements in oil and gas contractor confidence both on the UK Continental Shelf (UKCS) and internationally suggests some businesses are seeing signs of recovery and are focused on the future, according to an industry report released today…
Renewable energy development, including technologies which extract energy from the ocean need to be funded and accelerated to meet carbon reduction targets. Engineers and scientists in Scotland and Aberdeen are ideally positioned to help governments do so…
The Norwegian Petroleum Directorate (NPD) has granted Statoil consent to start-up production from the Gina Krog field in the North Sea, which the Norwegian giant has set to start-up in late June 2017. Gina…
The Guyanese government is expected to grant ExxonMobil and its partners a production license for the giant Liza project ahead of the partnership’s final investment decision (FID), which is set for this month. Map of Stabroek…
Mermaid Maritime has inked US$26 million worth of contract in the Middle East and Southeast Asia. In the Middle East, the DP2 dive support vessel the Mermaid Endurer has been carrying out a 30-day project on a DSV - ROV - SAT and air…
Seadrill and North Atlantic Drilling Ltd. (NADL) have agreed to further extend a framework deal with Rosneft for the use of rigs until 31 May 2019. The companies first agreed on the deal on 22 August 2014. In November 2014 the long…
Ensco is set to acquire Atwood Oceanics in an all-stock transaction worth some US$839 million, creating a company with the largest jackup fleet in the world. Image from Ensco. Ensco…
The awe inspired during the early days of the North Sea industry was back and in full force for the world’s heaviest offshore lift. Elaine Maslin reports. Pioneering Spirit, closing in on Brent Delta…
DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
ExxonMobil has awarded Maersk Drilling a contract extension valued at US$22.5 million for the ultra deepwater drillship Maersk Viking. The three-year contract, originally scheduled to end in July and valued at $610 million, will now run an additional 150 days into December this year…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
Gulf Marine Services is close to putting its new cantilever system on its GMS Evolution self propelled jackup barge into system. The cantilever system will enable the firm to compete for well workover and intervention work that was previously…
Ophir Energy's Ayamé-1X exploration well offshore the Ivory Coast found oil, but not in significant quantities. The well, in block CI-513, reached a total depth of 5394m true vertical depth sub sea. The well was targeting a number…