A total of 26 oil and gas companies applied for rights to explore acreage in the Norwegian and Barents Seas in Norway’s 23rd licensing round this week. This year’s licensing round comprises of 57 announced blocks or parts of blocks, of…
BW Offshore has received a two-year contract extension for the lease and operation of the FPSO Polvo. The FPSO is operating on the Polvo field offshore Brazil for Petrorio. The firm period has been extended to Q3 2018 (from Q3 2016), with options until Q3 2022…
Siemens is to supply turbines for Norwegian major Statoil's floating offshore wind turbine project off the coast of Scotland. The wind turbine manufacturer will supply the 30MW Hywind Scotland Project with five SWT-6.0-154 direct drive offshore wind turbines…
The Belize government has approved a policy that will legally ban offshore exploration in all seven areas that make up the Belize Barrier Reef Reserve System World Heritage area, according to global heritage organization UNESCO. The decision…
Ocean Installer has been awarded a contract for field development work in Nigeria for Folawiyo Aje Services Ltd. (FASL). The contract starts with immediate effect. Ocean Installer will perform the offshore construction of the Aje Ph1 project off the coast of Nigeria…
As a result of working closely with industry and listening to the needs of users, load cell designer and manufacturer LCM Systems has announced the launch of their re-designed wireless load shackles. The Telshack range is designed specifically for use in harsh…
China National Offshore Oil (CNOOC) signed a production sharing contract (PSC) with Husky Oil Operations (China) for Block 15/33 in the South China Sea. Block 15/33 is located in the Pearl River Mouth Basin of the South China Sea. The…
Seatronics completed a project with marine services organization Meridian Ocean Services in Mexico to inspect and chart existing pipelines along the coast of Ciudad Del Carmen, which required a full survey equipment spread utilizing a Forum Comanche ROV…
The Israeli Minister of National Infrastructure, Energy and Water Resources rejected Delek Group’s petition for Alon B/365, Alon F/369, Ruth A/358 and Ruth B/359 licenses offshore Israel. The rejection follows the Oil Commissionaire’s previous decision not to approve the extension request…
Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…
Anadarko and Eni inked a unitization and unit operating agreement (UUOA) to develop 24 Tcf of natural gas reserves from two blocks offshore Mozambique. Image of Mozambique operations, from Anadarko…
Fluid engineering firm BHR Group has launched a commercially available, open-access downhole test facility, based in Cranfield, UK. The onshore facility is the first of its kind in the UK, providing an easily-accessible, secure, flexible…
Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…
Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin. Under the terms of the option…
Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…
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