Technip's president and chief operating officer (COO) is joining Netherlands-based floating production specialists SBM Offshore as COO. Philippe Barril (pictured) will start on 1 March. Barril had joined Technip five years ago and had been named president and COO in January last year…
Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…
North Sea oil independent EnQuest is expecting its 2015 production to be at least 10% above previous expectations, and announced a 40% cut in capital spending, easing concerns the firm could breach debt covenants. EnQuest said 2014 production was up 17% compared to 2013…
Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…
Brazil’s PetroRio is acquiring 80% interest in the Bijupirá and Salema fields, offshore Brazil from Shell Brasil Petróleo. Image of the Fluminense FPSO. From Modec. The Bijupirá and Salema fields are located in the Campos basin…
An incident on the BP-operated Central Area Transmission System (CATS) riser platform during a restart in the middle of December means output on the Huntington field, and others, remains restricted. Partners in the E.ON operated Huntington field…
First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway. Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…
Det norske is planning a US$238 million development for the Viper-Kobra fields near Alvheim in production license (PL) 203, in the central North Sea, off Norway. Map of Alvheim field. From Det norske…
The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…
Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel. The Libra oil field is a large…
Independent oil firm Premier Oil is sticking to an eight-well exploration campaign in 2015, including its four-well campaign in the Falkland Islands, due to start in March, and its first well in the emerging Mandal High play offshore Norway…
Statoil is hoping to extend the life of the Norwegian Sea Norne field to 2030 - more than 15 years after it was originally scheduled to be shut down. The Norway-based operator says the field life will be extended by tying in new discoveries in the area…
BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of Eni, until Q4 2016, with options for additional seven years (until Q4 2023). The Abo field came onstream…
As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…
The pressure is on to find economically viable ways to develop marginal fields, in the UK North Sea and further afield. Ben Smith and Ed Randall look at the challenges and options. More and more emphasis is being placed by operators and…
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