Byron Energy Ltd. announced that the Byron Energy SM 6 #1 BP01 well reached a measured depth of 2338m and a true vertical depth of 2321m as of 23 June. Current operations are circulating in preparation to trip out of the hole to change the drill bit…
Canada’s SNC-Lavalin has agreed to buy Jersey-based oil and gas services company Kentz Corporation in a deal valuing the Kentz at £1.2 billion (C$2.1 billion). SNC-Lavalin said the move was part of its strategy to become a global Tier-1 engineering and construction company…
Ceona, a SURF and heavy subsea construction contractor, announced it has appointed Jean-Luc Laloë to its advisory committee. With over 35 years of experience in the offshore engineering and construction industry, Jean-Luc Laloë has assumed a variety of positions in areas such as engineering…
Figure 1: The Cygnus field is the sixth largest gas field in the southern North Sea and the largest to be discovered in the last 25 years within the southern North Sea gas basin.Image from GDF Suez. A…
IHC Merwede has introduced the world’s first four-tracked subsea trencher, specifically developed for shallow water operations and targeted towards cable burial in offshore wind farms. Read an in-depth feature here: Traq-ing underwater…
The Oyo-8 development well, located offshore Nigeria in OML 120, was spudded on 15 June 2014, operator CAMAC Energy Inc. announced. The Oyo-8 well, which CAMAC Energy owns and operates with 100% interest, lies within the Oyo field, which…
Denmark's Ramboll has acquired Apply Altra in Aberdeen from Norway's Apply Group, and renamed it Ramboll Oil & Gas. Under the Ramboll name, the former Apply Altra will continue to deliver facilities engineering capability to the oil…
Marathon Oil has announced it is no longer marketing its UK business after agreeing a deal to sell off its Norwegian unit. Marathon Oil Norge is to be sold to Norway’s Det norske oljeselskap in a US$2.1 billion cash deal. The sale…
Total's Martin Linge development in the Norwegian sector of the North Sea took two steps forward this week, with the sailout of a 16,000-tonne jacket (pictured right) and the arrival of the Maersk Intrepid in Norway. The Maersk…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…
Calgary-based Sterling Resources issued its 1Q results today, reporting US$20.5million revenue attributable to production from the Breagh gas field in the UK North Sea, and expenses of $2.6 million during the quarter. The average expected…
The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring. The findings…
Oil and gas exploration efforts around the Falkland Islands are set to ramp up next year after rig contracts were agreed. Ocean Rig's deepwater, harsh environment semisubmersible drilling rig Eirik Raude (pictured) has been signed up…
Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
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