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BSEE: 22% of GoM oil production shut-in

Aug 30, 2016

Image from AccuWeather. Click to enlarge. The US Bureau of Safety and Environmental Enforcement (BSEE) updated its statistics on storm preparations in the Gulf of Mexico (GoM) in advance of Tropical Depression No…

Mexico reveals prequalified deepwater bidders

Aug 25, 2016

Mexico's state oil regulator, the Comisión Nacional de Hidrocarburos (CNH), has revealed 26 companies that have qualified to participate in the country's so-called Round 1.4, in Mexico's deepwater offshore. The companies pre-qualified in the fourth phase of Mexico's historic Round One…

FPSO plans for SNE development

Sep 01, 2016

FAR Ltd. has upgraded its contingent resources estimates for Cairn Energy’s SNE oilfield offshore Senegal in West Africa, and led the firm to suggest a standalone floating production and storage offloading (FPSO) development for the field…

Video: Statoil ups Sverdrup value, cuts costs

Aug 29, 2016

Statoil has reduced the cost of its massive Johan Sverdrup develop even further, to reach a full field break even cost of US$30/bbl, the Norwegian oil major revealed this morning.  Drilling operations at Johan Sverdrup…

Lamprell delivers delayed Ensco newbuild jackup

Aug 26, 2016

UAE-based Lamprell has delivered the delayed Ensco 140 newbuild jackup to Ensco, after signing an agreement with Ensco to settle all claims arising from the late delivery. Image from Lamprell. The…

Chevron's Erskine production delayed

Aug 23, 2016

Production at Chevron’s Erskine project in the Central North Sea has hit a new snag, after Shell said that further work is needed on the recommissioning of the Lomond platform, according to partner Serica Energy. Erskine…

Grounded rig Transocean Winner refloated

Aug 23, 2016

At 10pm last night (Monday 22 August) the Transocean Winner drilling rig was successfully refloated from Dalmore Bay, on the Isle of Lewis, off the west of Scotland, where it had grounded just over two weeks ago. Following its refloat…

Badger Explorer appoints new CEO

Aug 16, 2016

The board of directors of Badger Explorer (BXPL) has appointed Roald Valen as the new chief executive officer (CEO) in BXPL, succeeding Øystein Larsen, who will step down to pursue opportunities outside of BXPL. Valen will start in the position on 22 August 2016…

Australia reveals 2016 offshore acreage

Aug 11, 2016

The Australian government is offering 28 exploration areas in its 2016 Offshore Petroleum Exploration Acreage Release. Map from Australia government.  The acreage comprises 28…

BHP strikes deepwater Trinidad gas

Aug 11, 2016

Australia's BHP Billiton has made a gas discovery on the deepwater LeClerc play-opening well offshore Trinidad and Tobago. BHP had been drilling for oil. The LeClerc 1 ST01 well was drilled in Block 5, in 2500-8500ft water depth, 135mi…

North Sea strike suspended, fresh talks to start

Aug 11, 2016

Planned strike action by workers for Wood Group working on Shell platforms in the UK North Sea has been suspended to allow fresh talks to start.  Nearly 400 workers in the Unite and RMT unions have so far staged two walkouts, for 24 hours on 26 July…

OMV sells stake in Chevron's Rosebank

Aug 10, 2016

Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…

More strike dates set

Aug 09, 2016

Unite the union says it has called for urgent talks with engineering firm Wood Group ahead of more planned strike action in the North Sea. Nearly 400 workers in the Unite and RMT unions who work for Wood Group on Shell platforms in the UK North Sea have so far staged two walkouts…

Subsea UK: Go international and prosper

Aug 11, 2016

Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth.  The industry body is urging companies to look beyond the North Sea and establish international links to generate new business…

More North Sea strike action this week

Aug 01, 2016

Offshore workers working for Wood Group on Shell platforms are planning further strike action, scheduled for 4 August, as they continue a dispute over cuts.  Workers in the Unite and RMT unions held a 24-hour strike on Tuesday 26 July…

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