Oil majors Statoil, Eni, Total and ExxonMobil have submitted rival bids for three exploration blocks offshore Cyprus in the country's 3rd Licensing Round. Three blocks - 6, 8 and 10 - in the Mediterranean Sea were put on offer, with six applications made…
In this video, Shell shows the history of its Brent field, in addition to its efforts in the decommissioning process. Brent, located some 320mi from Aberdeen, one of several large fields that came on-stream during the global oil crisis of the 1970s…
The Houston BG Group office will close by the end of the year, and layoff a total of 154 jobs, with the majority set to be cut late next month. According to a letter to the Texas Workforce Commission, 118 employees will be laid off on 31 August…
Cyprus has received six applications from eight companies for the three blocks it put up in its 3rd Licensing Round for offshore exploration. The three blocks were Blocks 6, 8 and 10, in the Exclusive Economic Zone of Cyprus in the Mediterranean Sea…
Russia's LUKOIL-Nizhnevolzhskneft has taken into service, from contractor Bumi Armada Berhad, three ice-class vessels for use on its Vladimir Filanovsky field in the Caspian Sea. Bumi Naryan-Mar is a standby/rescue vessel equipped with oil spill response equipment and fire fighting system…
Lankhorst Engineered Products received an Innovation and Customer Focus award for its performance and teamwork on Shell’s Prelude FLNG project. The contract for the Shell Prelude FLNG project was awarded through Shell’s contractor Technip…
A new report from Reports and Reports called 'Global Well Intervention Market 2016-2021,' says worldwide, well intervention is forecast to grow at a CAGR of 4.34% from 2016-2021, on account of rising demand in the oil and gas energy along with aging well assets…
Global drilling giant Transocean has announced a string of new contracts and the start of its newbuild drillship Deepwater Proteus on contract. The firm has also stacked six rigs, taking its total number of currently stacked rigs to 28…
ExxonMobil has joined a joint industry project (JIP) to develop Viper Subsea’s innovative V-IR system. ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial…
AusGroup subsidiary MAS Australasia entered into an agreement with Technip Oceania to supply of scaffolding and rope access services on the Shell-operated Prelude floating Liquefied natural gas (FLNG) project. The firm will be responsible…
A ballot by members of the unions Unite and RMT at engineering firm Wood Group working across Shell operated assets has seen a 'massive majority' supporting industrial action. In a joint statement, Unite and RMT said more than 50% of members voted in the ballot…
The Energy Institute (EI) has appointed former executive director for Shell Upstream International, and current chairman for the Shell Foundation Malcolm Brinded CBE FREng FEI as president-elect, in addition to the announcement of several other EI appointments…
The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…
Oil major Shell has set out its plans for decommissioning the Brent field facilities in the UK North Sea, including leaving its foundations in place. The firm, which has already spent 10 years working on decommissioning the four platforms…
Subsea mooring specialist First Subsea was awarded a contract by Shell Offshore to supply Ballgrab subsea mooring line connectors for the Appomattox development in the deepwater Gulf of Mexico. The semisubmersible four-column production…
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