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BP production on the rise

Feb 28, 2017

BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…

Repsol cleared to drill deepwater Stordal probe

Mar 03, 2017

Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…

The lifting business

Mar 01, 2017

Audrey Leon chats with Schlumberger, Baker Hughes and Weatherford to learn about the latest technologies available for artificial lift. Dedicated Schlumberger surveillance engineers monitor alarms to prevent or mitigate adverse events…

Equatorial Guinea extends licensing round

Feb 28, 2017

Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry.  The round, offering 'all…

Ocean Rig reaches Eirik Raude settlement

Feb 24, 2017

Ocean Rig has reached a US$25 million settlement agreement with Premier Oil and Noble Energy over disputed invoices for the Eirik Raude semisubmersible. Image of the Eirik Raude, from Ocean Rig…

Repsol lines up Stordal spud

Feb 23, 2017

Spain's Repsol has been given the green light to drill a well on the Napoleon North license in the Norwegian Sea using the Transocean Spitsbergen Drilling rig. The Norwegian Petroleum Directorate says well 6705/7-1, targeting the Stordal prospect…

Bourbon inks Total Hylia EPCI contract

Feb 14, 2017

French vessel and subsea contractor Bourbon has won its first pipelay contract awarded by Total Gabon for the engineering, procurement, construction and installation (EPCI) of 25km of 6in rigid pipeline as part of the Hylia water injection project using Zap-Lok technology…

Anadarko resumes at Lucius, Heidelberg

Feb 13, 2017

Anadarko had to shut-in production at two of its operated facilities last week, following a fatal fire at the onshore Phillips 66 Partners Paradis Pipeline Station west of New Orleans, Louisiana. Image of Heidelberg…

DeepOcean completes Ghana 3D laser survey

Feb 08, 2017

DeepOcean subsidiary, ADUS DeepOcean, completed a 3D laser survey offshore Ghana, which has led to a further three-year contract for DeepOcean Ghana Ltd. The recent climate in the oil and gas industry has sharpened the need for cost effective…

Polarcus, Sovcomflot ink vessel deal

Feb 09, 2017

Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…

Anadarko eyes further Colombia drilling

Jan 31, 2017

Anadarko has its eyes set on Colombia, announcing further drilling plans in the Purple Angel block, and opportunities it has identified through the Esmeralda 3D seismic survey in the area.   Map of Gorgon…

New lease on Beryl

Feb 01, 2017

Apache’s FNT development may appear a bit “vanilla” on the surface, but a fit-for purpose and fast-to-first-oil ethos under the Apache Projects Group Mission Command management system meant the difference between production and stranded reserves…

New firm M2 expands

Feb 03, 2017

Newly formed subsea firm M² Subsea has opened its new office in Aberdeen and created 30 jobs.  The business, which secured private equity investment towards the end of 2016, has moved people and equipment into premises in Arnhall Business Park at Westhill in Aberdeenshire…

Borr Drilling takes on ex-Hercules jackups

Jan 30, 2017

Norwegian outfit Borr Drilling has taken delivery of the Frigg (formerly Hercules Resilience) and the Ran (formerly Hercules Triumph) jackup drilling rigs from Hercules Offshore. The two rigs, bought for US$130 million late last year…

Kerogen to back Pandion NCS efforts

Feb 01, 2017

Kerogen Capital plans to commit up to US$300 million to back Pandion Energy, as the company pursues exploration, appraisal and development opportunities on the Norwegian Continental Shelf (NCS) through acquisitions, farm ins and licensing rounds…

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