FairfieldNodal has begun a project to acquire and process high-resolution 3D marine seismic for the Libra consortium led by Petrobras, Total, Shell, China National Petroleum Corp., and CNOOC. The Libra project, FairfieldNodal’s first such project offshore Brazil…
4Subsea has been awarded a Shell-funded contract to support COPPE, the center for engineering research and education at the Federal University of Rio de Janeiro (UFRJ). The project is funded by Shell Brazil and is a partnership with UFRJ-COPPE EMBRAPII…
RockRose Energy has signed deal to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan. The Idemitsu UK's assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields…
A steady recovery is in motion in the subsea business with the potential for major subsea awards in the remaining months of this year and throughout 2018, according to TechnipFMC's boss Doug Pferdehirt. The firm won US$2.5 billion in…
US oil major Chevron is moving ahead with plans for an enhanced oil recovery (EOR) project using polymer technology on its Captain heavy oil field in the UK North Sea. The Captain field was discovered in 1977, in Block 13/22a on the edge of the outer Moray Firth…
Royal Dutch Shell announced today (4 October) that its subsidiary, BG Asia Pacific Holdings Pte Ltd., and KUFPEC Thailand Holdings Pte Ltd., a subsidiary of Kuwait Foreign Petroleum Exploration Co. (KUFPEC), have mutually agreed to cancel…
Offshore oil and gas operators in the Gulf of Mexico, including Anadarko and Shell, have begun redeploying personnel to the Gulf of Mexico following Hurricane Nate. Tropical depression Nate as of 8 October…
A former production asset manager based in Kurdistan, Iraq, has joined the UK's oil and gas industry regultaor, the Oil and Gas Authority, as head of Decommissioning. Nils Cohrs is replacing the Acting Head of Decommissioning Gunther Newcombe…
TechnipFMC has agreed to acquire Plexus Holding's Wellhead exploration equipment and services business for jackup applications - the Jack-up Business - for up to US$56 million (£42.5 million). Plexus will initially receive $19.7 million…
Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell’s Olympus platform. Photo from Shell's Flickr…
Global Marine Group has agreed to acquire Fugro’s trenching and cable lay services business for about US$73 million in shares. The acquisition of Fugro’s trenching and cable lay services business involves the transfer of 23 Aberdeen-based Fugro staff and one vessel (Symphony)…
Oil majors Statoil, Shell and Total have agreed to enter a CO2 storage partnership. The partners have signed a partnership agreement to mature the development of carbon storage on the Norwegian Continental Shelf (NCS). The project is…
Chevron’s Erskine field is back up and running offshore the UK, following maintenance work at Shell’s Lomond, according to partner Serica Energy. Erskine field restarted at the end of last week and the field has produced continuously over the weekend…
Despite disappointment at Korpfjell, there’s optimism in the far North. The Christophe de Margerie LNG carrier in icy conditions. Photo from Total. High hopes were pinned on the multi-billion-barrel potential Korpfjell prospect…
Russia’s Rosneft has closed the US$1.13 billion deal to acquire stake in the Shorouk concession, containing the giant Zohr field offshore Egypt from Italy’s Eni. Map of Zohr, from Eni. Rosneft…
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