Offshore News


BlueTEC Texel project takes next step

Oct 13, 2015

The BlueTEC Texel Tidal energy project partnership is planning to install a second larger turbine on its system after the first months of operating the BlueTEC tidal energy platform were seen to be a success, supplying electricity into the Dutch national grid…

Egypt awards four offshore blocks

Oct 07, 2015

Egypt's state gas company EGAS announced the result of the 2015 international exploration Mediterranean bid round, with blocks awarded to BP, Eni, Edison and Total.   In total, four blocks were awarded, with a total investment of US$306 million and a signing bonus of $10…

Shell targets deepwater Myanmar

Sep 07, 2015

Shell is planning to start 3D seismic acquisition offshore Myanmar following its return to becoming an operator in the country. The firm has issued a letter of award to Oslo-listed geoscience firm Polarcus for a 3D marine seismic project…

Egypt awards 3 offshore blocks

Aug 06, 2015

Egypt has announced the results of its delayed 2014 exploration bid round. The round sought to find companies to explore 10 areas in the Gulf of Suez, the Eastern Desert, and east and west of the Nile. Six of those area offshore in the south Gulf of Suez…

Esvagt backed by private equity

Jul 07, 2015

AMP Capital and 3i Infrastructure plc (3i Infrastructure) have entered into an agreement to jointly acquire 100% of Danish company ESVAGT from Maersk Group.   AMP Capital is investing approximately £109 million to acquire a 50% interest…

UK drilling activity increases

Jun 30, 2015

Exploration and appraisal activity in the North Sea doubled in the opening three months of the year following the UK Chancellor’s industry tax cut, new figures reveal. Data published by the Department for Energy and Climate Change (DECC)…

DNV GL Type approval for MorSafe

May 27, 2015

Hydratight, a joint integrity specialist, has gained DNV GL Type approval for the MorSafe clamp, Hydratight’s new bolt renewal clamp. The clamp is used to change out bolts on flanges that are in operation.  The MorSafe Bolt Renewal Clamp…

Trelleborg LMU successful in West Africa

May 14, 2015

Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for Phase 3 of the DSO Escravos Gas Project; the operation’s first floatover in West Africa. Contracted by Hyundai Heavy Industries (HHI)…

OTC 15: Shell talks Arctic plans

May 13, 2015

Shell’s Executive Vice President, Arctic, Ann Pickard discussed the supermajor’s investment and current challenges facing its Arctic exploration program at this year’s Offshore Technology Conference (OTC) in Houston on 5 May 2015. In the summer of 2015…

MEO receives NT/P68 extension approval

May 13, 2015

The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd.  Permit year 5 will now end 26 October, plus give…

FMC to receive OTC award

Apr 30, 2015

FMC Technologies will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of a Spotlight on New Technology Award. The award, which honors innovative technologies that significantly impact offshore exploration and production…

Sustainable safety crucial to offshore industry

Apr 09, 2015

On 9 April, thought leaders in the offshore oil sector held an industry discussion focused on the importance of sustainable safety in the offshore oil and natural gas industry. The group included Jack Gerard, president and chief executive for the American Petroleum Institute (API) Randall Luthi…

NEOS completes South Atlantic Margin neoSCAN

Apr 03, 2015

NEOS GeoSolutions (NEOS) completed a neoSCAN study over an approximately 20,000sq km area of investigation (AOI) along the South Atlantic Margin. As part of this project, NEOS integrated and simultaneously interpreted several existing…

Valiant Driller jackup completes move

Mar 30, 2015

Aqualis Offshore completed the marine warranty services for the dry transportation of the mobile offshore drilling unit Valiant Driller jackup from Indonesia to India, where it will operate for ONGC. Aqualis currently provides marine warranty services on 26 rigs offshore India…

SpeedCast to speed up Bayu-Undan IP connection

Mar 26, 2015

ConocoPhillips contracted SpeedCast International Ltd., over a multi-year, multi-million dollar agreement for the delivery of satellite communication services to the company’s down under operations. Located 250km southwest of Suai in…

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