Italian giant Eni is set to net US$507.8 million (€463 million) from the Saipem stake sale to Fondo Strategico Italiano (FSI). Descalzi. Image from Eni. The price for each Saipem share has been valued at $9…
Technip CEO Thierry Pilenko. Photo from Technip. “We are in an environment where something was broken.” It’s a harsh summary but one few would dispute. Nor would many now…
Image: Eni Goliat illustration overview/Eni Lankhorst Ropes Offshore has overseen the installation of the mooring ropes for the Goliat FPSO (floating production storage and offloading) for Eni Norge…
VNG Norge’s Blink well in the Norwegian Sea has failed to find hydrocarbons, according to partner Faroe Petroleum. Image from VNG Norge. The well, 6406/12-5S, was drilled 27km…
The contractual regulation of liability through knock-for-knock clauses has been an important feature of North Sea offshore contracts for many years. But a recent judgment by the Norwegian Court of Appeal demonstrates that the agreed liability…
OE spoke with Scott McIntyre, Project Manager, Technip UK, to find out his thoughts on the oil and gas business and his advice for young professionals. McIntyre. OE: How did you get into oil and gas…
Cyberhawk Innovations completed its first ROAV inspection of a cargo oil tank on an operational floating, production, storage, and offloading (FPSO) vessel. The inspection took place on board the Gryphon FPSO, owned and operated by Maersk Oil in the UK North Sea…
Statoil has decided to cancel a contract for use of the semisubmersible drilling rig Songa Trym, four months before the expiration of contract on 4 March 2016. Statoil has previously notified owner Songa Offshore that the rig would be suspended for a period…
Houston headquartered Apache has unveiled a string of discoveries it has made in the UK North Sea which could increase its total North Sea reserve base by 50% and result in investment in new production facilities. The company says it has made two 'significant' discoveries in the Beryls area…
Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…
It was the first floating production unit in the North Sea and it’s still going strong – with a deployment to its latest field, on its 12th contract, due to start next year. Elaine Maslin looks at Teekay Offshore’s Petrojarl I. The Petrojarl I FPSO…
Heather Saucier speaks with Mark Randolph and Susan Gourvenec, professors at the University of Western Australia’s Centre for Offshore Foundation Systems, about deepwater geotechnical challenges, such as complex carbonates found off the coast of Australia…
Jim McFarlane introduced ROVs to the North Sea industry in the 1970s and went on to pioneer AUV development. Elaine Maslin learned more from the still active industry veteran. Jim McFarlane Photos from International Submarine Engineering…
ROV technology developers gave an update on their progress at the Subsea UK ROV Conference. Elaine Maslin reports on some progress, as well as where one operator thinks ROV and AUV technology could improve. Platform-based ROV being deployed…
Melanie Luthi, Sanna Zainoune, and Stephen Forrester, of NOV, discuss how streaming downhole data on a job in the Norwegian North Sea helped improve both the drilling process and decision making. The time-based log shows the annular pressure…
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