Offshore Regions News - page 1310

 

Tullow to resume at Jubilee, after production falls

Apr 28, 2016

Tullow Oil’s production levels fell some in Q1, following issues at its Jubliee field, offshore Ghana, which the company said is due to resume operations in the next few days. Image of the FPSO Prof…

Sterling drops out of Ambilobe, off Madagascar

Apr 28, 2016

Sterling Energy UK has issued a notice of withdrawal from the Ambilobe block, offshore Madagascar to its joint venture partner Pura Vida Mauritius. Following the withdrawal, Sterling will cease to be the operator of the Ambilobe block…

UNITECH deploys 3000th UH-500 Connector at Moho

Apr 28, 2016

Subsea distribution systems specialist UNITECH has deployed its 3000th UH-500 Series connector on the Total E&P Congo-operated MOHO Nord subsea project, located around 75km off the coast of Pointe Noire in the Republic of Congo.  First introduced in 1996…

Lukoil prepares for Filanovsky drilling

Apr 28, 2016

Russia's Lukoil gas started driving in marine risers at the Vladimir Filanovsky field in the Caspian Sea, ahead of planned development well drilling operations. Risers, required to reinforce wellheads, ensure circulation and environmental safety at drilling operations…

Petrofac takes on BP's Miller

Apr 28, 2016

Petrofac has been awarded a duty holder contract from BP to support the late life management of the Miller platform, in the UK central North Sea. The contract is for 'life of asset' but has a four-year ceiling at which point extension options will be reviewed as required…

Technip beats profits expectations

Apr 28, 2016

Paris-headquartered subsea and engineering house Technip has come out of Q1 2016 with a better than expected profit, but its CEO expects front end market activity to remain damp until late-2016, early 2017.  Meanwhile, Subsea 7 has seen…

Wood Group wins significant BP Caspian work

Apr 28, 2016

Wood Group has won a new five-year contract with BP-operated projects, valued at US$500 million, to deliver services to eight facilities, offshore Azerbaijan. Effective immediately, Wood Group PSN (WGPSN) will provide engineering, procurement…

F.lli Righini wins BP Shah Deniz umbilical handling contracts

Apr 28, 2016

Italian firm F.lli Righini has been awarded a new contract by BP for four umbilical handling and lay packages in the Caspian region. The contract, awarded by BP's Shah Deniz business unit, is for the Shah Deniz Phase 2 project in the Caspian Sea…

Record wind order for Siemens

Apr 28, 2016

German multinational Siemens has received its largest order for its 7MW turbine to date. The company is to supply, install and commission 102, 7MW wind turbines, each with a rotor diameter of 154m, for the East Anglia ONE project, led by ScottishPower Renewables…

Seadrill sells off SepuraKencana stake

Apr 27, 2016

Seadrill has sold its remaining stake of approximately 490 million shares in SapuraKencana in a US$195 million deal. The proceeds from the share sale will provide additional liquidity and will be used for general corporate purposes. Earlier this month…

Petrobras extends Technip base contract

Apr 27, 2016

Technip has signed an additional four-year extension of its five-year initial contract signed in January 2011 with Petrobras for its Flexible Pipes Logistic Base (BAVIT), in Vitória, Brazil. The scope covers storage, handling, inspection…

Hess takes loss, drops 34% in revenue

Apr 27, 2016

Hess Corp. recorded a US$509 million loss in Q1, in addition to a 34% drop in its revenue. Image from Hess. The loss is much wider than the Q1 2015 loss of $389 million. The decrease…

Byron to deepen SM71-1

Apr 27, 2016

Byron Energy will further its efforts at the SM71-1 well in the Gulf of Mexico after encountering the presence of oil in three intervals, according to partner Otto Energy. A quad combo porosity logging run has been acquired and 7 5/8in…

Mubadala hits twice at Manora

Apr 27, 2016

Mubadala Petroleum encountered oil at two wells in the Manora field, offshore Thailand. Map from Mubadala. The Atwood Orca jackup drilled wells MNA-15 and MNA-16 wells to final total depths of 2566m and 2998m…

Halliburton VP appointed new Amec CEO

Apr 27, 2016

Amec Foster Wheeler has appointed Halliburton's senior vice president, Dr. Jonathan (Jon) Lewis, as its new chief executive officer, with effect from 1 June 2016. On the same day Ian McHoul will cease to be interim CEO, and will remain as CFO…

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CEP Makes ‘Significant’ Oil Di

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Pandion Energy Divests Interes

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