The US Department of the Interior announced it will cancel two planned Arctic offshore lease sales under the US government’s current five-year plan for 2012-2017 due to Shell’s failed Arctic campaign and current market conditions, which left…
Sweden's Lundin Petroleum has agreed to sell its Indonesian oil and gas assets to PT Medco Energi Internasional TBK for US$22 million. The Indonesian assets include a non-operated interest in the producing Singa gas field and operated…
Spanish yard Dragados Offshore and Norway’s Kvaerner Verdal have won the latest construction contracts on the Johan Sverdrup mega-project. Statoil, operator on the multi-million dollar development, in the Norwegian sector of the North Sea…
In 2016, Bruce Clement will step down from his position as managing director and CEO of AWE Ltd., after five and a half years of being in the role. Image of Clement. From AWE. According to AWE…
Mexican state owned company Pemex this morning announced it had evacuated the Sihil-A platform in the Bay of Campache, offshore Mexico, in the latest of a string of incidents offshore Mexico this year. The firm said the measure was taken…
Anadarko Petroleum announced that topsides have been lifted onto the Heidelberg spar in the Gulf of Mexico this week. Heidelberg. Image from Anadarko Facebook. Using Heerema Marine Contractor's largest crane vessel…
Low oil prices, falling investment and the need to transform the UK exploration and production sector were high on the agenda at SPE Offshore Europe. Elaine Maslin reflects. A packed plenary session during SPE Offshore Europe 2015…
Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…
Statoil is targeting 20 MMbbl of additional resources in the Gullfaks area by tapping reservoirs above the main Gullfaks field. Gullfaks was brought on stream in 1981, but the plan for development and operation (PDO) did not include the Shetland and Lista reservoirs…
Sweden’s ABB has won a US$90 million contract to supply a two-cable high-voltage system to power, from shore, for Statoil’s Johan Sverdrup field. The move paves the way for the entire Johan Sverdrup field to be powered from shore, as well as other fields on Norway’s Utsira High…
Most of the building blocks are in place for the all-subsea solution. But do they offer an attractive proposition? Elaine Maslin looks at DNV GL’s current thinking. Operations during the Åsgard…
Gregory Hale looks at how automation capabilities are removing guess work and allowing for real-time decision-making. The architecture for an automated rig allows for portable, machine independent…
Statoil, on behalf of operator Gassco, awarded IKM Ocean Design an engineering, procurement and construction (EPC) contract for the Johan Sverdrup gooseneck spool and retrofit hot-tap tee. Three…
In this video, Norwegian giant Statoil shows the installation of its largest-ever built jacket for one of its project, the Mariner project. The steel jacket for Statoil’s Mariner platform on the UK Continental Shelf has now been placed on the field…
Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…
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