Norway's Magseis and Germany's Seismic Apparition have signed an exclusive technology agreement to jointly develop and implement a new innovative technology that will reduce the operational time for ocean bottom seismic. Technology development…
DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
President Trump wants to take away the Gulf of Mexico Energy Security Act (GOMESA) payments from four coastal states in the Department of Interior’s (DOI) proposed US$11.7 billion budget for 2018. Trump…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over.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…
Vallianz Holdings secured long-term charter contracts for four vessels valued at up to US$115 million in total in the Middle East, Egypt, and Turkmenistan. The contracts mark Vallianz’s entry into two new markets in the Middle East and Central Asia…
The scale and severity of the recent international ransom-ware cyber attack has elevated urgency in the oil and gas industry to detect and defend against potentially debilitating threats and actions. Michie…
TGS and Petroleum Geo-Services (PGS) have announced two new multi-client 3D seismic projects offshore Eastern Canada. Following on from the recently announced 2017 2D seismic campaign and the Cape Broyle 3D, the two new projects - East…
Petroleo Brasileiro (Petrobras) sent a termination notice to Teekay Offshore for the Arendal Spirit charter contract last month, in which the company says it is disputing the grounds of the termination and is reviewing its legal options. The…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
Former Louisiana state official Scott A. Angelle has been appointed as the director of the US Bureau of Safety and Environmental Enforcement (BSEE), effective 23 May. Angelle. Image from BSEE. Angelle…
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Digitalization will help improve the safety, security and efficiency of Statoil operations…
C2Wind and Vattenfall have established a long-term partnership through a two years framework agreement covering design inputs for Vattenfall’s offshore wind projects. C2Wind will support the renewable energy developer and operator with…
Norway’s Petroleum Safety Authority (PSA) has approved for Statoil to use the Bideford Dolphin mobile drilling facility for production drilling at Vigdis in the Norwegian North Sea. Statoil is to plug the B-1 AH production well on the Vigdis field…
Talos Energy has started drilling the Zama-1 exploration well in Block 7 in the shallow water Sureste Basin, offshore Mexico. The well is the first exploration well to be drilled on acreage awarded in Mexico's first international licensing round in 2015…
Teekay has announced that the floating production, storage and offloading (FPSO) vessel Pioneiro de Libra arrived in Brazilian waters on 17 May. The FPSO unit set sail on 28 March from the Jurong shipyard in Singapore, where the conversion of the unit has been taking place since 2014…
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