EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
SBM Offshore and Petróleo Brasileiro (Petrobras) will resume normal business relationships after a US$163 million settlement agreement over allegations relating to the Lava Jato scandal was reached amongst the Dutch floating production specialist firm and Brazilian authorities last week…
Nigeria-focused Sirius Petroleum received approval from the Nigerian Federal Ministry of Environment on its environmental impact assessment survey (EIA) on the Ororo Field Licence, OML 95, which covers the drilling of three wells and the installation of wellhead platforms…
Integrated subsea and offshore solution provider Unique Group, through its subsidiary Unique Maritime Group (SEA), completed the acquisition of Oceanvision PTE Ltd. and Oceanvision Equipment Services PTE Ltd. Oceanvision will now be part…
Sembcorp Marine delivered the world’s largest jackup rig, the Noble Lloyd Noble, to Noble Corp. after uncertainties in the delivery date due to damage the rig endured in February. Illustration of the Noble Lloyd Noble…
The 12th Annual Deepwater Intervention Forum (DIF), presented by OE, kicks off in Galveston, Texas, this 9-11 August, which will feature industry-leading experts from the subsea intervention space. DIF exhibit hall in 2015…
SBM Offshore shows its fleet of floating production and storage offloading (FPSO) vessels and operations offshore Brazil, in particular its Brasa yard in Niteroi (near Rio de Janiero). OE profiled the yard in 2013. The company’s latest FPSO…
Drilling operations have been suspended at Husky Energy’s North Amethyst field offshore Canada, after a leak occurred today (15 July), according to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB). The Henry Goodrich…
Houston-based AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth. The resulting combination of companies will offer technologies covering both onshore and offshore applications, including deepwater managed pressure drilling (MPD)…
The Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that US taxpayers never have to pay for decommissioning…
Ezion Investments (EIPL), a subsidiary of Singapore's Ezion Holdings, has formed a joint venture agreement with Pacific International Offshore (PIO) to work together to provide additional assets to an existing client, a national oil company…
Fugro has been awarded a geotechnical site investigation contract by ONGC India for the KG-DWN-98/2 project on the East Coast of India. The purpose of the work is to gather site specific geotechnical and geohazard data to aid in the design and later installation of wellheads…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
The US$12 million (€11 million) FORESEA project is bringing together European ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies in real-sea conditions. The project is funded by the Interreg NWE (North-West Europe) program…
The Norwegian Petroleum Directorate (NPD) has carried out four successful ROV (remotely operated underwater vehicle) dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea. Figure 1…
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