Engie E&P has found the cause of a gas leak that shut down production at the Gjøa field offshore Norway on Wednesday (21 June). Gjøa. Image from Engie. Engie identified the direct…
Eni has lined up a series of agreements with the Astana government that will see the Italian giant have the rights to explore the Isatay block in the Caspian Sea. Descalzi. Image from Eni. Eni…
Gulf of Mexico oil and gas operators have evacuated workers and secured offshore facilities to prepare for the impact of Tropical Storm Cindy. Source: Accuweather As a result of these precautionary measures…
Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and Bauge fields in the Norwegian Sea. Source: Statoil Statoil…
DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
Renewable energy development, including technologies which extract energy from the ocean need to be funded and accelerated to meet carbon reduction targets. Engineers and scientists in Scotland and Aberdeen are ideally positioned to help governments do so…
The Go Electra, from M2 Subsea. M² Subsea secured its first contract award that will see the firm supply the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system…
Seadrill and North Atlantic Drilling Ltd. (NADL) have agreed to further extend a framework deal with Rosneft for the use of rigs until 31 May 2019. The companies first agreed on the deal on 22 August 2014. In November 2014 the long…
Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…
2H Offshore is seeking additional participants for its recently launched STREAM (Steel Riser Enhanced Analytics using Measurements) joint industry project (JIP). So far, four major oil and gas operators have agreed to participate in the JIP…
It took Norwegian fairy tale character Trestakk a few times to win her prince. Likewise, her oilfield namesake had to be put back on the shelf a few times before it could make the development grade. Elaine Maslin reports. Trestakk subsurface layout…
ExxonMobil has awarded Maersk Drilling a contract extension valued at US$22.5 million for the ultra deepwater drillship Maersk Viking. The three-year contract, originally scheduled to end in July and valued at $610 million, will now run an additional 150 days into December this year…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
BP has launched a 'return to growth' for its North Sea business after marking first oil from the Quad 204 project, west of Shetland on the UK Continental Shelf. Quad 204 is redevelopment of the 1 billion barrel plus Schiehallion and Loyal fields…
The Bureau of Ocean Energy Management (BOEM) says it will offer about 1.09 million acres in the Cook Inlet, offshore Alaska’s south central coast in a lease sale scheduled for next month. Map of the 224 areas included in the Cook Inlet Lease Sale 244…