This year, the deepwater drilling record could be broken not just once, but twice, breaking the last record, set back in 2013. Elaine Maslin takes a look. Total’s Raya-1 well is due to be drilled offshore Uruguay using Maersk Oil’s ultra…
Anyone that reads this column every month will know that there have been some common themes to my take on the oil and gas industry this year. Welsh. First, is my criticism of…
Noble Corp.’s fleet report has revealed a two-year extension with supermajor Shell, dayrate adjustments, and the addition of another semisubmersible drilling rig to the cold stack list. The Noble Globetrotter I…
UPDATE: According to Reuters, Statoil restarted production at Gullfaks B, as of 2 May, following a helicopter crash that killed 13 people. Read the latest here Statoil has released the names of several offshore workers who died on Friday…
Oil major BP has posted a replacement cost loss of US$485 million in Q1 2016, compared with a profit of $2.1 billion a year ago, as it battles the continuing low oil prices. Yet, the firm is set to see production levels lifted as a string of new projects come onstream through 2016-2017…
Aegion Corp. is on schedule to begin pipe coating and the application of pipe insulation material for use on the Shell Appomattox project in the deepwater Gulf of Mexico, this fall. The insulation material vendor for the project, Materia…
GE Oil & Gas has started production of four high-pressure, high-temperature (HP/HT) dynamic flexible risers destined for the world’s largest floating liquefied natural gas (FLNG) facility, Prelude, to be operated by Shell, located 250km off the coast of Western Australia…
V-IR, a new technology system designed to identify the location of electrical faults on subsea installations, is undergoing a shallow water trial at Portishead Quays marina. Established through The Industry Technology Facilitator (ITF)…
Russia’s Lukoil has been granted approval from the Russian Federation Government for hydrocarbon exploration and production in two Baltic Sea fields. Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015, using the Arktichesksaya jackup drilling rig…
Shell has awarded Materia, and Aegion Corp. a contract to supply pipeline insulation materials for the Appomattox development in the deepwater Gulf of Mexico. The insulation system is unique among existing polymers in its ability to provide…
Island Offshore has secured contracts with Norske Shell worth US12 million (100 million NOK) for two of its vessels, the Island Valiant and Island Constructor at the Draugen oil field, offshore Norway. The Island Constructor…
In late February, Weatherford completed a drilling and reaming project near Sakhalin Island, Russia, that resulted in a total of 52 hours in rig time saved. The operator contracted Weatherford to enlarge a 3641ft (1110m) hole section from 8…
It's hard to quantify accurately recovery rates on the UK Continental Shelf (UKCS). Estimates from the Department of Energy and Climate change put it at about 46%. Global estimates point to somewhere between 30-35%. However, the well known dictum…
Chevron has temporarily halted production at its Gorgon liquefied natural gas (LNG) and condensate project on Barrow Island, off the northwest coast of Western Australia due to mechanical issues. According to Chevron Australia, the propane…
Petrobras has agreed an early terminatation on its contract for Sevan Drilling's cylindrical drilling rig, the Sevan Driller. The two firms also agreed to reduce rates on a second Sevan drilling rig, the Sevan Brasil, also on contract to Petrobras…
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