For Western-based service companies whose products or personnel were at work in the waters off the Russia, projects that were already complex by virtue of the location became substantially more so with the recent Western sanctions against the Russian Federation…
Hot on the heels of a new Recommended Practice (RP) for subsea lifting, DNV GL has now published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). The aim is to help operators carry…
DONG Energy has appointed a new Group Executive VP and CEO for its exploration and production division to replace Søren Gath Hansen, who is stepping down from the role. David B. Cook, Hansen's replacement, is a 52-year-old American who…
Subsea 7 has been awarded a US$50-100 million contract by Royal Dutch Shell (Shell) for installation work in the Gulf of Mexico. The scope of work involves the installation of 27 mi. of 8 in. flowlines and steel catenary risers (SCRs)…
Saipem received a 'notification of suspension of marine spread activities,' which covers all vessels currently engaged in activities related to Gazprom’s South Stream pipeline project, including the Saipem 7000 J-Lay vessel. Image…
Shell and Petronas Carigali and moving forward in the E6 field development offshore Sarawak, Malaysia after making a final investment decision (FID). Shell's Malaysian offshore platform. From Shell. E6…
Russian President Vladimir Putin said that Russia will discontinue current plans for the South Stream pipeline, citing continuing opposition from Europe, specifically Bulgaria. Instead, he announced preliminary plans to create a gas hub for southern Europe at the Turkish-Greek border…
ExxonMobil received consent from the Petroleum Safety Authority Norway (PSA) to use the West Alpha semisubmersible drilling rig on the Balder field, in the central North Sea. The West Alpha. From North Atlantic Drilling…
Russia's Gazprom Neft and state-owned PetroVietnam have begun exclusive talks to potentially cooperate in the development of the Dolginskoye field, located about 75km off the Russian coast in the Pechora Sea. Gazprom Neft said in a statement…
Offshore oil and gas mega projects are increasing in scale and cost. Some 41% of ExxonMobil’s 2015 capital spending for projects under construction in 2015 is likely to be directed to one project alone. Neda Djahansouzi, Energy Researcher…
Phoenix, Arizona-headquartered Freeport-McMoRan boosted its production estimates on both its Holstein Deep and Dorado developments in the Gulf of Mexico, the company announced on 4 December. Freeport-McMorRan said it expects to achieve 30…
Shell Gabon awarded Van Oord an engineering, procurement and construction (EPC) contract for the replacement of a dual 10km long oil export line. The EPC contract began this month and continues until summer 2015. The export line runs from the Gamba terminal…
The North West Shelf (NWS) Project partners, led by Woodside Energy, have approved the A$1.2 billion subsea Persephone project, off the north-west coast of Australia. Persephone is the third major gas development for the NWS Project in the past six years…
Who have been the movers and shakers in 2014? OE looked to the global offshore oil & gas industry to select the VIPs (very important players) in our 14 in 2014 list, presented here in no particular order. C-suite Tillerson…
Ormen Lange field operator Norske Shell has completed its latest appraisal well, 6305/8-2, on the field. The well encountered a 28m gas column with an underlying water zone in the “Egga reservoir unit” with very good reservoir quality…
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