MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
Bergen-based explorer Rocksource said this morning that its exploration well on the Storbarden prospect will be plugged and abandoned after finding no hydrocarbons. The well was drilling on PL 506S in the Norwegian sector of the North Sea using the Borgland Dolphin drilling rig…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
North Sea focussed exploration firm Nordic Energy has taken on two industry directors as it gears up to explore offshore Denmark. The new non-executive directors are Ian Donald and Kenneth Paul Seymour. Donald has 30 years’ experience…
With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…
BG Group today announced it had completed another successful drill stem test in Block 1 offshore Tanzania, with initial results from the Mzia-2 well showing better than expected properties in the deeper Cretaceous reservoir. The test on Mzia-2…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…
Total inaugurated its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power. Read more...
SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
Total inaugurates its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power…
BG Group today announced it had completed its appraisal programme in the Jodari field of Block 1 offshore Tanzania, with a drill stem test on the original natural gas discovery well confirming the excellent quality of the Tertiary reservoirThe drill stem test on the Jodari-1 well…
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