Stena Atlantic Ltd., an affiliate of Stena Drilling, notified Korean shipbuilder Samsung Heavy Industries (SHI) last week, that it has exercised its right to cancel their contract for the construction of the Stena MidMAX, a dynamically positioned harsh environment semisubmersible drilling unit…
Keppel FELS and Borr Drilling have agreed on construction contracts for the five jackup rigs currently being built by Keppel for Transocean, following this week’s earlier announcement of Transocean’s jackup fleet sale to Borr. Image from Transocean…
The Naga 2 jackup, from Octanex. Octanex has spudded the Ophir A1 well today (2 June) using the UMW Naga 2 jackup mobile drilling unit. Ophir A1 is the first of three planned…
The first topsides unit built for the Shah Deniz stage 2 platforms is now en route from the Azfen fabrication yard in Bibi-Heybat to the Shah Deniz contract area in the Caspian Sea offshore Azerbaijan. BP announced 1 June that the topsides transportation…
BP has set its sights to extend its Azerbaijan presence until 2050, as the UK supermajor is expected to sign a deal at the end of the month for one of the world’s largest oilfields. The ACG field…
Johan Sverdrup is the largest ongoing project in the North Sea. Elaine Maslin looks at Statoil’s progress, cost reduction and technology use on the development. How it will look: Johan Svedrup…
Mermaid Maritime has inked US$26 million worth of contract in the Middle East and Southeast Asia. In the Middle East, the DP2 dive support vessel the Mermaid Endurer has been carrying out a 30-day project on a DSV - ROV - SAT and air…
Odfjell Drilling, on behalf of Golden Close Maritime Corp., inked a two-well contract for the ultra deepwater drillship, Deepsea Metro I with an undisclosed party in Southeast Asia. The deal will see the Deepsea Metro I drill two firm…
The NAGA 2 self-elevating mobile offshore drilling unit is set for mobilization to the Ophir oil field offshore Malaysia, according to Octanex. Map of the Ophir field, from Octanex. The…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC, from Jadestone. The…
Wild Well Control purchased subsea capping equipment from Shell EP Wells Equipment Services BV. Wild Well’s WellCONTAINED capping stack located in Singapore. Image from Wild Well. The…
China has successfully mined flammable ice, or natural gas hydrates, at the Shenhu area of the South China Sea. Image from iStock The mining of gas hydrates marks a major breakthrough that could lead to a global energy revolution…
Ophir Energy has reached a final investment decision (FID) for the fourth phase of its Bualuang oil field in the Gulf of Thailand, with first oil set for next year. Operations in the Gulf of Thailand…
Italian giant Eni has gotten a jump-start at its deepwater Jangkrik Development Project offshore Indonesia, starting gas production ahead of schedule. The Jangkrik FPU. Image from Eni Twitter. Jangkrik consists of two gas fields…
Tidal energy firm Atlantis Resources has signed a strategic partnership agreement (SPA) with South Korea's Hyundai Engineering & Construction over collaborating on ocean power renewable projects, including targeting a 100MW tidal stream project in South Korea…
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