Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
A 48-hour strike has started in the UK North Sea by offshore workers working for Wood Group on Shell platforms. The strike, on the Alpha, Bravo, Charlie, Nelson, Gannet, Shearwater and Curlew platforms, follows a 24-hour walk out by workers from the Unite and RMT unions on Tuesday 26 July…
Quest Offshore provides a look at subsea processing systems by type. Subsea Processing Project List (Onstream 2010+) Subsea Processing Application Region Operator Project Boosting Africa/Mediterranean…
Infographic from McKinsey Solutions. These projections are taken from Energy Insights’ Global Gas Outlook to 2030. For your free Executive Summary of the findings included in the report visit www…
Oil and gas production from Chevron's Erskine field in the North Sea has restarted following the clearance of a pipeline blockage and the completion of scheduled maintenance works on the Lomond platform, says partner Serica Energy. The pipeline blockage…
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads…
The UK's offhsore regulator, the Oil and Gas Authority (OGA), has launched the 29th Offshore Licensing Round, with more than 1200 blocks on offer. The latest round has been set out to support the OGA’s objective of maximizing economic recovery…
International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…
Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015). The firm said its well intervention revenues increased 30% in Q2 of 2016…
Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…
Nearly 400 members of Unite and RMT unions working for Wood Group across eight Shell oil and gas platforms in the North Sea will be striking for the first time in a generation in a dispute over 30% pay cuts and changes to allowances, the Unite and RMT unions announced on 18 July…
UK explorer Independent Oil and Gas (IOG) is due to spud an appraisal well on the Skipper oil discovery next week. The Skipper prospect, 100% owned by IOG, is in Block 9/21a in license P1609 in the northern North Sea. IOG says success of the well would be 'transformational' for the company…
The Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that US taxpayers never have to pay for decommissioning…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
Subsea mooring specialist First Subsea was awarded a contract by Shell Offshore to supply Ballgrab subsea mooring line connectors for the Appomattox development in the deepwater Gulf of Mexico. The semisubmersible four-column production…
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