As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…
TAM International unveiled its new 22-in. casing annulus packer, or LongCAP. The new LongCAP was designed for a major international company and follows TAM’s recent design and qualification of a 22-in. port collar. Together, the LongCAP…
Sarah Parker Musarra examines Israel’s Leviathan field’s potential and separates fact from misconception. The Tamar field, which was turned around from discovery into production in only four years…
The Neon Energy board is moving forward with the “superior proposal” from Evoworld and calling off its merger plans with MEO Australia. Image from Neon. Neon entered into a bid implementation agreement (BIA) with Evoworld on 19 December…
Det norske oljeselskap ASA (Det norske) received consent from the Petroleum Safety Authority (PSA) of Norway for exploration drilling on the three appraisal wells in Ivar Aasen field in the North Sea. Illustration of Ivar Aasen…
Aberdeen City Council has called for a summit, bringing together governments, trade unions and industry bodies, to see if there are way to save jobs in the city. The industry has seen a tide of cut backs and redundancies in the facing of the plummeting oil price…
China National Offshore Oil Corp. (CNOOC) and Kuwait Foreign Petroleum Exploration Co. (KUFPEC) signed three production sharing contracts (PSC) for Blocks 52/22, 52/26, and 63/13 located in the Yinggehai basin, in the South China Sea. According to the terms of the PSCs…
Schlumberger Oilfield UK has been awarded the contract to provide integrated drilling and well services on the Statoil-operated Mariner heavy oil development in the UK North Sea. Mariner is the largest field development on the UK Continental Shelf (UKCS) in more than a decade…
Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…
The UK government gave consent for the Hornsea Project One offshore Yorkshire. Project One will be made up of three offshore wind farms with a maximum capacity of 1200MW and covers a 407km area located 64 mi. off the Yorkshire coast. Once built…
Chilean helicopter services operator EcoCopter has prepared for a new contract with ENAP (Empresa Nacional del Petróleo), the Chilean national petroleum company, which started on 1 December 2014. Eurocopter…
SeaBird Exploration Plc received a letter of award (LOA) from TGS-NOPEC Geophysical Co. (TGS) to acquire up to 300,000km of 2D seismic data offshore Mexico and in the US Atlantic. The survey will cover a minimum of 150,000km and up to 300…
Maersk Oil North Sea UK (MOUK) awarded DNV GL a multi-million dollar contract for the Culzean field development project. The Culzean project rendering. From KBR. Upon the terms of agreement…
Lundin Petroleum’s Kitabu-1 exploration well, in Blocks SB307/SB30, offshore Sabah, Malaysia, came up dry, the Swedish independent announced on 18 November. Lundin said that the primary reservoir interval contained poor quality siltstone…
Statoil is paying US$350 million to take a “time-out” in its Kwanza exploration drilling program offshore Angola. The Stena Carron. From Stena Drilling. The Norwegian giant decided…