Noble Energy has hired Ensco’s ENSCO DS-7 ultra deepwater drillship for its giant Leviathan field, offshore Israel. Image from Ensco. The agreement for the ENSCO DS-7 includes the drilling two wells…
The oil and gas industry has the data and the drive to pursue digital technology, but lacks a coherent strategy to fully digitalize its operations. Karen Boman reports from Halliburton's Landmark Innovation Forum and Expo (LIFE) in Houston…
Group TELE-FONIKA Kable (TFKable Group) has received regulatory approval for its acquisition of JDR Cable Systems, a supplier of subsea umbilicals and power cables to the offshore energy industry. The completion, which is expected within a week pending final legal and administrative proceedings…
Premier Oil has revealed that Roy Franklin will join the company's board as non-executive chairman, taking over from Mike Welton, on 1 September. Welton has served as chairman for eight years and announced in March that he would step down from the board on appointment of a successor…
The UK's Oil and Gas Authority (OGA) has included seven additional blocks to the 30th Offshore Licensing Round that was announced in late-July. Image from iStock. OGA said that…
The author of the report into the Piper Alpha disaster, 29 years ago, has today welcomed the launch of a new oil and gas resource to help prevent future offshore incidents. Encompassing the Future: Offshore Oil and Gas Operations is a multi-volume volume print and digital resource…
The new Pacific Drilling CEO says that the company is gaining an increased interest in the deepwater sector for 2018, as the company recorded a loss in Q2, amid the possibility of filing for bankruptcy. The Pacific Bora…
A new entrant to the North Sea decommissioning market has been launched, with backing from a group of well known industry leaders and goals to attract US$263 million (£200 million) in investment and create 400 new jobs. Well-Safe Solutions wants to offer a cost-effective…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
Diamond Offshore is championing a new Floating Factory concept meant to meet future deepwater challenges, but drumming up support during the downturn may be tough. Karen Boman reports. Photo from iStock…
Energy services company Proserv has been awarded a series of contracts worth around US$4 million for its well severance, platform and floating platform, storage and offloading (FPSO) vessel decommissioning services in the Asia Pacific region…
Independent Oil and Gas has submitted a field development plan (FDP) to the UK Oil and Gas Authority (OGA) for the Blythe Hub. The project comprises the Blythe and Elgood fields, which are 100% owned and operated by IOG, and are in the…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Central Gulf of Mexico Oil and Gas Lease Sale 247, held on March 22 of this year. The…
The number of upstream projects reaching final investment decision (FID) in 2017 could double to 25 compared to only 12 last year, according to a report by Wood Mackenzie. In the first half of the year, the industry has already seen 15 project sanctions…
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