Eni subsidiary Saipem is implementing a turnaround and US$1.4 million (€1.3 million) cost-cutting program from 2015-2017 that will downsize the company’s Brazilian and Canadian operations, vessels, and implement job cuts. The program also…
Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group gathered at Damen Shipyards Galati, Romania, to witness the launch of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service…
Lundin Petroleum has successfully completed the installation of the topside modules on the Edvard Grieg development, offshore Norway. Thialf. From Heerema. The Edvard Grieg topside…
Siemens has received an order to supply, erect and commission 91 of its 6 MW direct drive wind turbines for an offshore wind power plant located in Great Britain. The wind turbines have a total capacity of up to approximately 580 MW, with a rotor diameter of 154m…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Brazilian prosecutors presented formal charges against Marcelo Odebrecht, CEO of Brazil's largest construction firm Odebrecht SA; Otavio Marques Azevedo, CEO of Andrade Gutierrez; and 20 others on Friday 24 July with charges of corruption…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
The Greek government revealed it does not have the funds to pay what is owed to the International Monetary Fund (IMF) and cannot meet its obligations on 30 June. As a result, procedures for the country’s transition to a state of default could be initiated automatically…
Two firms have signed a memorandum of understanding to co-development an up to 870 MW offshore wind farm in the North Irish Sea offshore Ireland. The firms, Oriel Windfarm and Gaelectric Holdings hope to start the development with a 15 MW demonstration project…
UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…
Norway-based geoscience firm TGS has agreed to buy seismic firm Polarcus' multiclient library, excluding Australia, for US$ 27.5 million and future share on library late sales. The move was described as enabling Polarcus to 'navigate the current challenging market environment…
DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27km off the east coast of Britain.The project will span approximately 29sq mi and is due to be operational by 2018. Race…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Statoil installed the first subsea wet gas compressor in the world at the Gullfaks C platform in the North Sea after a successful offshore campaign (see video below). Image: Seaway Heavy Lifting's Oleg Strashnov carrying the protective structure…
Suncor Energy Norge's Niobe exploration well has been classified as a dry well, according to the Norwegian Petroleum Directorate. The well, 25/10-13 S, in production licence 571, was drilled in 119mm water depth, in the central part of…
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