Douglas Westwood (DW) has revised its outlook considerably for West Africa’s deepwater prospects by 44% amid project delays and cancelations. A year ago, DW said that exploration and production (E&P) companies within West Africa were…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
Sterling Energy is to withdraw from the Block C-3 joint venture, offshore Mauritania. The move will see Tullow Oil take over Sterling's 40.5% share in the production sharing contract (PSC) for Block C-3. Upon completion, the holders of the PSC will be: Tullow (Operator) 90%…
The first production test at Eni’s Zohr 2X appraisal well delivered some 44 MMcf/d of gas, offshore Egypt. Eni CEO Claudio Descalzi. Image from Eni. The Zohr 2X well, Eni’s first appraisal well on its giant Zohr discovery…
Technip's joint venture with Sonangol, Technip Angola Engenharia Limitada, has been awarded a three year engineering services contract by Total E&P Angola. The contract covers services for the existing Girassol, Pazflor, Dalia and CLOV…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…
The Prof. John Atta Mills floating production, storage and offloading vessel has arrived at the TEN project offshore Ghana, after a five week voyage from Singapore. TEN field operator Tullow Oil said first oil from the development is on track for July/August…
Dana Petroleum commenced drilling operations at the Manatee-1 exploration well on the Bakassi West block, offshore Cameroon, according to partner SDX Energy. Map of Bakassi West block, from SDX…
Anadarko is reducing its capital investments by nearly 50%, and plans to monetize up to US$3 billion of assets, as the company focuses on its offshore assets in the Gulf of Mexico, and off Africa. Mozambique operations…
After completing the world’s first wet gas compressor offshore Norway, OneSubsea looks to continue pushing the technology to new limits. The multiphase compressor station during installation. Photos from OneSubsea…
The floating rig market is preparing for the most challenging year ahead. Leslie Cook, of Quest Offshore, explains. Noble Corp. announced in Q1 it would retire the Noble Discoverer drillship after…
The need to innovate, collaborate and standardize existed well before the downturn, and not least in Norway. Elaine Maslin sets out how Transmark Subsea has been doing all three. Work on Murene at Transmark’s facility near Bergen…
35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…
EOG awarded Rowan a contract to utilize the Ralph Coffman jackup, offshore Trinidad. The rig will mobilize from the US Gulf of Mexico and is estimated to commence operations in Q3 2016 for five wells with an estimated duration of one year at a rate of US$135…
Current oil prices does little to support exploration and expanding developments. However, keeping an eye on the future, sub-saharan African nations show promise. Western African countries, such as Nigeria, have already seen the benefits…
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