North Sea independent Ithaca Energy will use Petrofac's FPF-1 semi – the former AH-001 deployed by Hess on Ivanhoe/Rob Roy – as a production hub to develop the Greater Stella Area (GSA ) fields, Stella, Harrier, Hurricane and Helios. Jennifer Pallanich reports…
A growing belief that the ‘bow wave' of the long-awaited North Sea decommissioning market has now reached the industry was evident at last month's sell-out Offshore Decommissioning Conference† in Dunblane, Scotland. Meg Chesshyre reports.A plea…
BP has received approval from the US Bureau of Ocean Energy Management for a supplemental exploration plan in the deepwater Gulf of Mexico, the company’s first such approval since the April 2010 blowout and spill at its Macondo prospect and…
Statoil’s two UKCS heavy oil developments – Mariner in block 9/11a and Bressay in blocks 3/27b, 3/28a, 3/28b, 9/2a and 3/a – are back on track having been halted by the operator in March following the UK Chancellor’s decision to increase the…
A federal investigation of the Macondo disaster does not pinpoint what caused the well's cement job to fail, but backs up earlier conclusions that operator BP and its contractors skirted safety measures that could have prevented the blowout…
It took a month to admit that there was an oil spill in China’s Bohai Bay, from June 4 – when it happened – to July 5 when China’s The Global Times, in an unusual reaction from a presumably government controlled newspaper, wrote: ‘We cannot…
A federal investigation into the 2010 Macondo disaster does not pinpoint what caused the well's cement job to fail, but backs up earlier conclusions that operator BP and its contractors skirted safety measures that could have prevented the blowout…
The latest addition to Tideway’s fallpipe vessel fleet was named Flintstone during a high-tech ceremony in Zeebrugge, Belgium, in July – but the vessel itself was 11,000km away in Singapore being readied for an inaugural assignment in Chinese waters…
The number and total value of US oil & gas mergers and acquisitions dipped slightly in 2Q 2011 over the same period last year, according to a recent PricewaterhouseCoopers (PwC) study. But the average deal value for the largest transactions rose by 14%…
Two Engineering Construction Industry Training Board (ECITB) initiatives have been launched in the UK for offshore companies looking to address the skills gap through the reskilling of adult trainees. The first 16 learners recently completed their training…
A new steel wire rope plant is taking shape for Kiswire on the Malaysian coast with the present and future needs of the offshore industry very much in mind.Of the 130,000t of wire rope the company already produces annually, some 30,000t is…
A decade after acquiring Kvaerner, Aker Solutions is preparing a demerger that will spin the company off as a separate, fully fledged EPC contractor – with concrete gravity base structures (GBS) very much on its agenda.Legacy company Norwegian…
Multi-client specialist TGS took the marine seismic business by surprise last month with the purchase of Stingray Geophysical, a UK-based start up company focusing on seismic-based permanent reservoir monitoring (PRM). Andrew McBarnet discusses what prompted the move…
The world's largest cargo barge – Heerema's H-851 – announced its arrival on the offshore scene in 1988 when installing the 44,785t jacket for Shell's Bullwinkle platform in a then daunting 412m of water in the Gulf of Mexico. Now, following…
The AP Moller-Maersk Group's Maersk Drilling has signed a contract with the Keppel Fels yard in Singapore for the construction of two ultra-harsh environment, high-capacity jackup drilling rigs. The new rigs are targeting operations in water…
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