At a meeting of the HRT's Board of Directors held on Dec. 20, 2013, resolutions were passed on the following motions by the majority of the members in attendance: To acknowledge that the election of Messrs. Edmundo Falcão and Marcello Pacheco is null and void…
Two workers were injured and production was slashed when a fire broke out aboard one of Petrobras’ Marlim field platforms, the production semisubmersible P-20. Marlim is located in Brazil’s Campos basin, about 110km offshore the state of Rio de Janeiro…
Fugro has reached agreement with The State Oil Company of the Azerbaijan Republic (SOCAR) to form a new Joint Venture for the performance of bathymetric, geophysical and geotechnical surveys, the provision of autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs)…
Partners behind the giant Johan Sverdrup discovery have said that a decision on the development has been delayed until the New Year. Statoil, Lundin and Det Norske had been due to agree concept selection on licenses PL501, PL265 and PL502 by the end of 2013…
Oil spills around Trinidad began to be reported on 17 Dec, suggesting more than one source of contamination. The state oil company of Trinidad & Tobago, Petrotrin, suggested sabotage and environmental terrorism. The Oilfield Workers Trade…
French geoscience firm CGG is to operate parts of Norway's Diskos database from 2015 to the end of 2020 under a new contract signed with the Norwegian Petroleum Directorate (NPD). The contract will see CGG implment software on the seismic…
Deepwater drilling rig contractors are facing an uncertain future, with an increasingly fragmented market favoring those who contract the vessels, according to an analyst. The comments follow market updates from rig operators including Transocean Ltd…
Technip was awarded contract work from Statoil for a subsea project related to the Edvard Grieg field, in PL338, Block 16/1 in the North Sea, about 180 km west of Stavanger, Norway. Statoil has made a call-off for the framework contract Technip has with Statoil for diving services…
Hans-Joachim Polk took over as managing director for Hamburg-based RWE Dea AG’s UK subsidiary in August. Polk, a 22-year veteran of the German exploration company, began his career in 1991 as a production operations engineer. He eventually…
Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan. The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…
Fugro announced that it has wholly-acquired Advanced Geomechanics Pty Ltd. (AG) to become part of its global geoconsultancy practice. The nearly 20-year-old, Perth-based AG provides geotechnical and geophysical engineering and consulting services…
Colloquy: Editor’s Column A lot of time and money can be wasted waiting on weather. Down time is expensive. Wave height and period determine vessel motion and when they exceed operating limits, work slows or stops. Working in rough weather can lead to injuries and damage equipment…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
More offshore wind projects could be scrapped in the UK, an official has warned, after it was announced that technical challenges had brought a halt to a 1200 MW project in the UK’s Bristol Channel. RWE Innogy said its planned Atlantic…
The organizers of next year's ONS conference and exhibition in Stavanger are marking the event's 40th anniversary with a look back at the first time the event was held in 1974. However, next year's event will also very much be looking forward…