Eni's floating cylindrical platform for the Goliat field in the Barents Sea arrives in Hammerfest today (April 17) from South Korea after a 63-day voyage covering 15,608 nautical miles, the firm has announced. The 107m-diameter, 64,000…
London headquartered oilfield services firm Petrofac says its loss on the west of Shetland Laggan Tormore project is to reach US$360 million in 2014-2015 amid delays and industrial action. Petrofac's work on the project, a 125km subsea…
Activity in the Black Sea is set to ramp up this year as oil firms eyes deepwater prospects and move to exploit resources like the significant Domino discovery, according to oil and gas analysts Wood Mackenzie. The firm, which has been…
A consortium of three companies has joined forces to bring enhanced oil spill detection and search and rescue capability to the UK North Sea. Using technology developed in Norway, Aptomar, working with Aberdeen's Briggs Environmental Services…
Strong performance in its subsea business has helped Technip offset “unsatisfactory” onshore and offshore revenues despite industry headwinds, the firm’s CEO Thierry Pilenko announced today. But, the chairman of France’s Technip, which recently launched a new subsea joint venture…
In this video, Lundin Petroleum shows the loading of the 16,000-tonne of steel and equipment comprised of both the main deck module and the process module for the Edvard Grieg platform onto barges, that occurred in the last days of March 2015…
The Statoil-operated Gullfaks gas field in the Norwegian Sea will use Nexans' innovative power umbilicals combining power, fiber-optic and hydraulic lines in a single cross section. The cables were handed over to Statoil this month. The…
Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
French supermajor Total is assessing development options for a new small gas discovery made in the Norwegian sector of the North Sea. The estimated 3-10 MMboe recoverable gas discovery was in exploration well 25/6-5 S, called Skirne East by Total and Shango by partner Faroe Petroleum…
The 22,000-tonne topside for the new offshore platform for the Lundin Norway-operated Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago. Image of the Edvard Grieg project…
Polarcus has secured further industry prefunding enabling the expansion of the Capreolus 3D multi-client project offshore Australia. The additional pre-funding will see the survey expand northwards with an additional 7130sq km to be covered…
Eckhard Hinrichsen analyses the race for oil and gas reserves as the market liberalizes. The Mexican energy industry is at last open to foreign companies. Investment opportunities abound as the important first licensing rounds loom. The…
The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to…
ExxonMobil began production at its deepest subsea tie-back, Hadrian South in the deepwater Gulf of Mexico. Image from ExxonMobil. Hadrian South is located about 230mi offshore in the…
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