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OE Press: 2018 / January

Wednesday, 17 January 2018 15:16

Talos brings Tornado II well online

Talos Energy has initiated production from the Tornado II well, located at the Phoenix field in the Green Canyon area of the deepwater Gulf of…
Houston-based exploration and production firm Hess will lay off 300 workers as part of its companywide cost reduction program announced in October last year. The…
Wednesday, 17 January 2018 09:57

Wave energy devices deployed

Swedish wave energy developer CorPower Ocean has installed a C3 Wave Energy Converter (WEC) at Scotland's European Marine Energy Centre (EMEC).  The half-scale C3 point…
Wednesday, 17 January 2018 09:31

ExxonMobil, MagnaBond collaborate on P&A

ExxonMobil's Upstream Research Company has inked a three-year joint development agreement with MagnaBond to develop evaluation technologies for well cementing, casing and tubing. The agreement…
Tuesday, 16 January 2018 20:54

Shell, SBM close Turritella FPSO deal

Floating production solutions firm SBM Offshore today (16 January) closed its $1 billion sale of Turritella, the world’s largest floating production storage and offloading (FPSO),…
While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America to buck this global trend…
Tuesday, 16 January 2018 15:59

KBR, SOCAR JV wins Azeri work

Azerbaijan’s SOCAR and US engineering firm KBR’s joint venture will provide front-end engineering design services (FEED) for a new production, drilling and quarters platform, Azeri…
Tuesday, 16 January 2018 15:47

Apache inks Archer for North Sea services

Archer has been awarded a new, three-year contract by Apache for platform drilling management services in the North Sea.  The contract includes operations and maintenance…
Monday, 15 January 2018 19:16

Bruce, Keith, Rhum fields resume production

BP has brought the Bruce, Keith and Rhum fields back on production following the successful repair of the Forties Pipeline System, Serica Energy reported on…
Friday, 12 January 2018 10:19

Repsol to decommission Rev field

Repsol's Norwegian subsidiary has set out plans to decommission its Rev field in the Norwegian North Sea.  The Rev field, in Production Licence 038C, Block…
Friday, 12 January 2018 09:44

Spirit gets nod for Fogelberg drilling

Spirit Energy, the new name for what was Centrica's exploration and production business, has been given permission by Norway's Petroleum Safety Authority to drill an…
Thursday, 11 January 2018 16:34

NPD: Norway production increase to 2023

The Norwegian Petroleum Directorate (NPD) says that while oil production is down on the Norwegian Continential Shelf (NCS), overall production rose for the fourth straight…
Wednesday, 10 January 2018 21:11

Stone hits pay at Mt. Providence

US-based Stone Energy hit oil at its 100%-owned Mt. Providence development well in Mississippi Canyon block 28, in the deepwater US Gulf of Mexico. The…
Bechtel and TechnipFMC have been awarded front end engineering and design (FEED) contracts for Abu Dhabi National Oil Company's (ADNOC) offshore ultra-sour gas project in…
Wednesday, 10 January 2018 09:07

Northern Offshore sells jackups

Houston-based Northern Offshore has sold two jackup drilling rigs, which are to be turned into platform support units.  The Energy Endeavour, constructed in 1982, and…
Wednesday, 10 January 2018 08:56

Lundin's Barents Sea Hurri well dry

Lundin Petroleum's Hurri exploration well in the Norwegian southern Barents Sea was dry. The well, 7219/12-3S, drilled using the Leiv Eiriksson semisubmersible drilling rig, in…
Tuesday, 09 January 2018 15:14

Oceaneering wins Johan Castberg supply

Oceaneering International has secured a contract from Norwegian giant Statoil to supply umbilicals for the Johan Castberg Project in the Barents Sea. Field illustration. From…
Tuesday, 09 January 2018 10:02

ArcLight acquires 26.5% in Shell's Perdido

A Boston-based private equity firm ArcLight Capital Partners has acquired a 26.5% non-operated stake in Shell's Perdido Regional Host from BP. The Perdido Regional Host…
Tuesday, 09 January 2018 09:53

Kreuz Subsea nets Indian job

Subsea contractor Kreuz Subsea has been contracted by Larsen & Toubro (L&T) to mobilize five vessels to deliver subsea completion works on India's Oil & Natural…
Tuesday, 09 January 2018 09:18

Magma inks m-pipe project with Tullow on TEN

Tullow Oil has awarded a contract to UK-based carbon composite pipe manufacturer Magma Global for 2.5km of flowline for the deepwater TEN project offshore Ghana. …
Norway-headquartered Aker Solutions has agreed to provide duty holder services for UK firm Marginal Field Development Company (MFDevCo). MFDevCo is targeting marginal field development projects…
Monday, 08 January 2018 19:14

OOS Tiradentes set for Petrobras contract

OOS International Group’s newest semisubmersible accommodation vessel, the OOS Tiradentes, will head to Brazil next month for a contract with Petrobras. Source: OOS International The…
Two huge concrete gravity based wind farm foundations have set sail from Ostend, Belgium, for the Kriegers Flak offshore wind farm in the Baltic Sea,…
Monday, 08 January 2018 10:54

Gas focus for 2017 UKCS exploration

A 10-year low in oil discoveries in Norway in 2017 doesn’t deter an expected increase in drilling in 2018, whilst performance continues to improve in…
Keppel Offshore & Marine subsidiary Keppel FELS has has delivered the first of five jackups to Borr Drilling.  The first is the jackup rig SAGA,…
Monday, 08 January 2018 10:14

Mono Buckets for German wind farm

Mono-bucket foundation technology for offshore windfarms could be tested on the Deutsche Bucht Wind Farm offshore Germany. The technology, developed by Universal Foundations, a Fred…
Monday, 08 January 2018 10:05

UTEC wins Greater Enfield survey

Acteon group company and survey firm UTEC is to work for Technip on Woodside's Greater Enfield project offshore western Australia. The firm has won a…
An Aberdeen-based predictive technology firm Operational Excellence (OPEX) Group has signed a five-year master service agreement (MSA) with US Gulf of Mexico operator Cantium. It's…
Monday, 08 January 2018 09:38

OGTC awards $1.76 million in P&A funding

Aberdeen's Oil & Gas Technology Centre (OGTC) is to invest US$1.76 million (£1.3 million) in four projects aimed at developing new plugging and abandonment (P&A)…
Monday, 08 January 2018 09:31

L&T picks up ONGC EPCIC deal

Larson & Toubro subsidiary L&T Hydrocarbon Engineering (LTHE) has won an engineering, procurement, construction, installation and commissioning (EPCIC) contract with India's Oil & National Gas…
2018-09-25 02:04:18pm