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Semisub heads for Levitt-1

Jul 01, 2015

Diamond Offshore’s Ocean America semisubmersible is mobilizing to drill the first well for Karoon Gas Australia in the northern Carnarvon basin exploration permit WA-482-P offshore Western Australia. The Levitt-1 exploration well is expected to be spud during the first week of July 2015…

Whenever, Wherever and about Whatever…

Jun 30, 2015

Watch this video, developed in house by Oilennium’s team of creative animators and media experts to demonstrate our capabilities and extensive range of cost effective online training products designed specifically for the Oil and Gas industry…

Altas secures Dolphin contract

Jun 29, 2015

Dolphin Drilling selected learning technologies provider Atlas Knowledge to deliver a new system to manage the competence and training of its workforce in the UK. The contract will employ Atlas to oversee the installation and development…

Siemens, Dresser-Rand merger approved

Jun 29, 2015

The European Commission has cleared the proposed US$7.6 billion merger between Dresser-Rand and Siemens, the Houston-based equipment supplier announced on 29 June. All of the conditions precedent regarding regulatory matters have now been satisfied…

Decommissioning Relief: certainty for the oil and gas industry?

Jul 01, 2015

There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…

Decom projects on the rise

Jul 01, 2015

Within the next few years, a couple of major decommissioning projects are set to start in the UK sector of the North Sea at the Brent and Murchison fields — and there are plenty of other projects in the pipeline. John Bradbury outlines the activity…

Iranian hope remains, despite delayed deadline

Jun 26, 2015

A deadline between western nations and Iran over the country's nuclear activities in a move which could open the country to international oil firms has once again been delayed. A deal, which would see sanctions lifted on the oil and gas rich nation…

DONG announces UK wind farm construction

Jun 24, 2015

DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27km off the east coast of Britain.The project will span approximately 29sq mi and is due to be operational by 2018. Race…

Europa in US$1.6 billion Irish bounty

Jun 16, 2015

Europa Oil & Gas' Porcupine basin off Ireland is valued at US$1.6 billion and potential resources of 1.49 billion boe, according to an independent assessment by ERC Equipoise (ERCE). Map from Europa…

Hercules gets saved

Jun 18, 2015

Houston-based Hercules Offshore entered into a restructuring support agreement with a group of its debt holders that will shakeup the company’s finances and position Hercules to benefit during the expected rebound in the offshore drilling industry…

Sound Oil gets environmental go ahead

Jun 16, 2015

Sound Oil, the European- and Mediterranean-focused upstream oil and gas company, has announced the approval of the environmental impact assessment for the award of the D503-BR-CS permit, covering Sound Oil's Dora and Dalla assets in the Adriatic Sea…

Afren CFO resigns

Jun 12, 2015

Afren’s Group Finance Director Darra Comyn (pictured) has resigned, effective this summer, the company announced on 12 June. The London-based, Africa-focused, explorer will now begin a search for a new CFO. Afren said Comyn will stay…

Swiber establishes Singapore subsidiary

Jun 11, 2015

Swiber Holdings announced that its subsidiary Swiber Offshore Construction (SOCPL) has established a wholly-owned subsidiary in Singapore known as Whitmer Offshore (WOPL). The initial issued share capital of WOPL is US$100. WOPL…

NorSea Group nets decommissioning work

Jun 10, 2015

NorSea Group won northeast Scotland’s first major “small piece” decommissioning contract. Work has already begun on the six-month project which is being carried out at NorSea Group’s Peterhead facility on behalf of Endeavour Energy and…

Baker Hughes awarded Mariner contract

Jun 11, 2015

Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…

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