Jan De Nul Group has completed the installation and burial of the export cables for DONG Energy’s Race Bank Wind Farm in the UK. Image from DONG. Jan De Nul successfully installed…
Seadrill has filed for bankruptcy protection, as investors fork up US$1.06 billion of new capital for the company. Anton Dibowitz. Image from Seadrill. The company signed deals with more than 97% of its secured bank lenders…
It's time to put your company in the limelight: the 2018 Offshore Achievement Awards (OAA) has been launched and it looking for entries. The annual event was launched during SPE Offshore Europe 2017 in Aberdeen. The annual awards, organized…
Wellesley Petroleum’s Goanna prospect offshore Norway has revealed disappointing results, as no hydrocarbons were found, according to partner Faroe Petroleum. Image from iStock. The…
Aibel lifted the final three modules into place for the Johan Sverdrup drilling platform earlier this week. The platform arrived in Haugesund on 5 September, where the facility will remain for hook-up and preparation work, until it is handed over to Statoil in mid-2018…
BP has begun evacuating personnel from the Gulf of Mexico, as Category 5 Hurricane Irma churns in the Atlantic Ocean, making its way towards Florida. The projected path for Hurricane Irma. Image from the US National Weather Service…
Despite taking the job as head of a new industry regulator, in the midst of what has become one of the industry’s worst downturns, Andy Samuel is still a man who sees opportunity on the UK Continental Shelf – but not without continued effort…
Wellesley Petroleum has started drilling on the Goanna exploration well in the northern Norwegian North Sea. The well, 39/9-22 S, in license PL 881, is near the border with the UK and adjacent to the giant producing Statfjord and Snorre fields…
Operators are evacuating platforms and rigs as Hurricane Harvey, a Category 4 hurricane, spins in the Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE). Hurricane Harvey's path…
The Norwegian Petroleum Directorate (NPD) has granted Wellesley Petroleum a drilling permit for well 33/9-22 S, targeting the Goanna prospect in the North Sea. PL 881. Map from NPD. Well…
Statoil has signed a swap agreement with Innogy and SSE for equity interests in the Dogger Bank offshore wind development project in the North Sea, the Norwegian giant announced today (10 August). Image from Statoil…
Oil and gas operators are preparing for the approach of Tropical Storm Harvey in the Gulf of Mexico, as the US National Hurricane Center warns Harvey could form into a hurricane by Friday. Coastal watches/warnings and forecast cone for storm center…
Statoil has struck a minor gas find at a wildcat well near the Heidrun field in the Norwegian Sea where it could become a possible tieback, according to the Norwegian Petroleum Directorate (NPD). Map of 6507/8-9…
Drilling contractor Seadrill reported today (24 August) that it would likely file for Chapter 11 bankruptcy on or before 12 September to implement its comprehensive restructuring plan. Source: Seadrill The…
The US Bureau of Ocean Management's (BOEM) Lease Sale 249 brought in high bids of US$121 million from 27 companies with a total of 99 bids earlier today (16 August). Image from BOEM Facebook. A total of 90 blocks were offered…
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