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…
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…
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…
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…
A new independent estimate of world oil reserves has been released by Rystad Energy, showing that the US now holds more recoverable oil reserves than both Saudi Arabia and Russia. For US, more than 50% of remaining oil reserves is unconventional shale oil…
Offshore marine services provider PACC Offshore Services Holdings (POSH) was awarded a contract by Technip Oceania through its subsidiary POSH Semco, to support Shell’s Prelude floating liquefied natural gas (FLNG) facility using its semisubmersible accommodation vessel (SSAV) the POSH Arcadia…
Shell has been cleared to resume drilling offshore Canada following a review to its procedures after an incident saw a 2km riser section drop to the seafloor. Shell was drilling the Cheshire L-97 well, in about 2000m water depth, in the Shelburne basin…
UK-based independent Faroe Petroleum was awarded license option 16/23 in Ireland’s 2015 Atlantic Margin Licensing Round. The option covers 960sq km in the Slyne/Erris Basin, in about 280m water depth about 15km from the producing Corrib gas field…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
Former BP and Shell geologist Mike Shepherd says the North Sea demonstrates top in class oil recovery factors compared to the rest of the world, but could do better. BP’s Magnus platform.Photo from BP…
Two workers from Eni's Nigerian Agip Operating Co. (NAOC) subsidiary were killed in an attack on their boat in the Niger Delta last week, the operator has confirmed. According to reports, a NAOC team of five was attacked on their way…
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