Repsol Sinopec North Sea (formerly Talisman North Sea) has extended its lease on the Bleo Holm floating production, storage and offloading (FPSO) unit up to 30 June 2018. The Bleo Holm is the sixth Bluewater designed, built, owned and operated FPSO…
CGG and Eidesvik Offshore have agreed to terminate the contract for the Viking Vision vessel effective immediately. The contract was due to end at the end of July 2017. According to Eidesvik, the payment of the charter rate will continue until July 2017…
Mexico’s Petróleos Mexicanos (Pemex) is looking to turn its financial structure around in 2017 by placing, repurchasing, and exchanging bonds. Image from Pemex. Yesterday (3 October)…
Ithaca Energy is edging closing towards first oil from the Greater Stella Area Development in the UK North Sea. First oil, from the FPF-1 floating production unit, is scheduled for next month, as planned. The unit set sail from Poland in August and was safely towed to location…
Teledyne Webb Research (TWR), a manufacturer of autonomous underwater vehicles (AUVs) including the Slocum G2 glider and Slocum hybrid glider, has released their new glider piloting software, the Slocum Fleet Mission Control Software (SFMC)…
Canada's Suncor Energy has closed a deal to acquire a 30% stake in the UK North Sea Rosebank project from Austria's OMV. Suncor has made an initial payment of US$50 million. In the event the co-venturers approve the Rosebank project final investment decision and Suncor elects to participate…
Oil & Gas UK (Oil & Gas UK) appointed four new members to its board. Cory L. Loegering, region vice president and managing director for Apache North Sea; Robin Allan, Premier Oil’s director, North Sea and Exploration; and Bill Dunnett…
Desktop whiteboards, iPads and even 3D printed models are being used to help train today’s well control engineers. Elaine Maslin sets out the detail. From the comfort of your iPad. Photo from Learn to Drill…
Denmark's Maersk Oil has started drilling on the first production well for the Culzean high-pressure, high-temperature (HPHT) development in the UK North Sea. Drilling started at 6pm on 28 September using Danish drilling firm Maersk Oil's Maersk Highlander jackup…
A helicopter carrying six people destined for a Chevron platform offshore Angola has crashed, leaving four people dead and two missing. Image from iStock. Cabinda Gulf Oil Co…
PT Medco Energi Internasional has agreed to acquire two subsidiaries of ConocoPhillips, seeing it take over the South Natuna Sea Block B production sharing contract, offshore Indonesia, with a 40% working interest. Image from ConocoPhillips…
Quadrant Energy confirmed a gas condensate discovery at the Roc-2 appraisal well offshore Western Australia, according to partner Carnarvon Petroleum. Roc-2 is in WA-437-P exploration permit in the North West Shelf of Australia, where…
PGS and TGS-NOPEC Geophysical Co. (TGS) have jointly agreed principal terms and conditions for purchase of a majority of the multiclient library of Dolphin UK. PGS and TGS will make this purchase on a 50/50 basis. This purchase represents a limited initial cash outlay for PGS…
The Bureau of Ocean Energy Management (BOEM) will offer approximately 47 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Central Planning Area (CPA)…
Norwegian oil service firm Akastor has agreed to form a joint venture with Mitsui and its subsidiary AKOFS Offshore. The joint venture has already agreed to acquire the Skandi Santos hull from DOF Subsea Rederi and the Skandi Santos topside from AKOFS…
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