The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
A tribunal has rejected a bid by the Ivory Coast to stop oil and gas exploration and development activities in a disputed area between its waters and offshore Ghana. The ruling paves the way for UK-headquartered Tullow Oil to continue with its TEN Project offshore Ghana…
The Goliat floating production storage and offloading unit (FPSO) floated off the Dockwise Vanguard in the fjord outside Hammerfest on 23 April. Goliat. From Eni. Eni says the platform will now be temporarily moored in Ersvika…
Asset integrity management specialist, XPD8 Solutions, secured a £375,000 contract for work in West Africa with Tullow Oil. Over six-months, the Aberdeen-headquartered firm will migrate Tullow Oil’s existing computerized maintenance management system (CMMS) to the Maximo software package…
After four months of preliminary work alongside, FPSO Petrojarl I moved on 16 April 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull. In all, the vessel will spend a year at DSR before heading off to the South Atlantic…
The Schahin Group filed for bankruptcy for its engineering unit as it seeks protection from creditors, according to news agency Bloomberg. Schahin holds 28 diversified companies and about US$2.12 billion in debt. However, Schahin’s oil and…
2015 may well be remembered as the year when natural gas truly announced itself as the major energy fuel source. With the announcement that Shell is targeting a US$70 billion deal for BG Group, and in doing so increasing their current LNG capacity to around 33 million tons per annum…
Eni's floating cylindrical platform for the Goliat field in the Barents Sea arrives in Hammerfest today (April 17) from South Korea after a 63-day voyage covering 15,608 nautical miles, the firm has announced. The 107m-diameter, 64,000…
Shell takeover target BG Group has continued a dry exploration run offshore Norway with its latest exploration well near the Knarr field. The 34/3-5 well, on production license 373 S, in 403m water depth, was drilled about 5km southeast of Knarr in the Northern North Sea…
Dana Petroleum awarded Technip a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel in the central North Sea. Image from Dana Petroleum. This…
Lundin’s first development project offshore Malaysia, the Bertam field, is now onstream, with plans to continue with production from remaining wells throughout 2015. Malaysia drilling operations…
OE’s Audrey Leon spoke with Scott Cummins, Senior Vice President, Commercial, McDermott about the opening of Mexico’s oil and gas industry and what effects it will have on both McDermott and the industry at large. Welder…
French super major Total has awarded the marine warranty services (MWS) contract for its Kaombo project offshore Angola to DNV GL. The Kaombo, in Block 32, in 1400-1950m water depth, about 150km offshore Angola, comprises six fields (Gindungo…
Canada-based, North Sea-focused independent Iona Energy says production from the E.ON-operated Huntington field is due to return to normal operations as gas export rate restrictions are lifted. The Huntington field, produced via the Voyageur Spirit FPSO…
Queiroz Galvão Exploração e Produção (QGEP) awarded the McDermott International and GE Oil & Gas consortium a SURF contract to provide subsea equipment for the early production system (EPS) on the Atlanta field, offshore Brazil. Map from QGEP…
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