MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…
Independent subsea remotely operated vehicle (ROV) service provider, ROVOP, is set to increase its Houston workforce by 10% as a result of further business growth including recent contract wins in the Gulf of Mexico region. The growth…
India’s Oil and Natural Gas Corp. (ONGC), awarded a multimillion dollar contract to GE Oil & Gas to provide an estimated 55 subsea wellheads (SG5) over the next three years for ONGC’s offshore drilling campaign, in shallow to medium waters offshore India…
UK industry body Decom North Sea has launched the Late Life Planning Portal, a website also known as L2P2, designed to support the North Sea oil and gas industry in the planning and execution of late life and decommissioning projects. Providing…
Norway's Statoil has agreed to acquire a 70% stake in two blocks in the UK North Sea from Jersey Oil & Gas and CIECO Exploration for US$2 million, and is planning to drill and exploration well on one of the blocks in 2017. The two blocks…
The president and CEO of Marine Spill Response Corp. (MSRC), Steven T. Benz, will retire on 30 April 2017. Benz joined MSRC as CEO in 1996 after an extensive career working for a major oil company. During his tenure, notable achievements…
J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment of a platform well on the Ombrina Mare field offshore Italy for Rockhopper Exploration. The project was the firm's first offshore well management project…
Seadrill has received a notice of termination from Pemex for the West Pegasus drilling contract, effective 16 August 2016. Seadrill says it has disputed the grounds for termination and is reviewing its legal options. During Q2 2015…
A semisubmersible drilling rig grounded off Scotland weeks ago could be floated off at high water tonight. Update here If the operation in Dalmore Bay, on the east coast of the Isle of Lewis, is a success, the Transocean Winner will be towed using two tugs to Broad Bay…
Premier Oil and its partners in the upcoming shallow water bid round offshore Mexico are anticipating to go out to tender for a moored, semisubmersible rig for Block 7 in Q4 2016, the company revealed in its 1H 2016 report. Map of Blocks 2 and 7…
The Block Island Wind Farm, operated by Deepwater Wind, has completed the construction phase, according to the firm's CEO Jeff Grybowski. The executive tweeted out a photo of the moment when the last turbine blade was installed on 18 August (Thursday)…
Woodside Petroleum is preparing for its Myanmar drilling campaign as soon as next year, after identifying 2.4 Tcf of gas in the area earlier this year. Coleman. Image from Woodside. “Our…
Israel’s Ministry of Infrastructures, Energy and Water Resources (MIEWR) will hold the country’s first offshore energy licensing round in November, offering two dozen blocks in the Eastern Mediterranean Sea, according to IHS Energy. The Tamar platform…
Norwegian giant Statoil has submitted its plans for the US$122 million (NOK 1 billion) Byrding discovery in the North Sea to the Norwegian Petroleum Directorate (NPD), which is expected to start production in Q2 2017. Image…
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