SBM Offshore completed the project financing of the Cidade de Saquarema floating production and storage offloading vessel (FPSO) for a total of US$1.55 billion, which is the largest project financing in the company’s history. Modules…
CAPE Holland successfully deployed its first commercial application of the new Vibro Lifting Tool (VLT) to install four piles in 90m water depth at the Maersk-operated Culzean field in the UK North Sea. This installation is part…
BMT Cordah, a subsidiary of BMT Group, announced the appointment of Andrew Glass as managing director. Glass will be responsible for leading the business in implementing strategy, direction and policy, ensuring the company continues to…
Image: diver working/Harkand Harkand has carried out the first-ever free inertial metrology in Mexico's waters and at a new depth for this approach in the region. The global inspection…
More than 40 new exploration licenses have been issued in the UK North Sea by the newly formed industry regulator Oil and Gas Authority (OGA). Image from Dolphin Geophysical. The…
Trelleborg’s offshore operation has secured a contract to supply its thermal insulation, corrosion and passive fire protection (PFP) solutions for use on the new Johan Sverdrup oil field in the North Sea, off Norway. Contracted by Kvaerner…
Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company’s 15% working interest in Block SC55 has been granted…
Maersk Drilling has been awarded a contract extension for the jackup rig Mærsk Innovator with ConocoPhillips Norway for work on the Eldfisk field, part of the greater Ekofisk area, offshore Norway. The duration of the contract extension is 16 months…
Drilling has started on the Aje 5 production well in Aje field offshore Nigeria, paving the way for first oil on the floating production, storage and offloading (FPSO) vessel development. The three-phase development, starting with two production wells…
Primeline Energy has contracted China Oilfield Service Co. (COSL) as drilling contractor for its Block 33/07 exploration program in the East China Sea. Primeline says the rig market has proved favorable with good availability of suitable rigs and competitive prices…
Equalizer Group has set up a separate service company headed up by general manager Alan Morrison to take forward the development of its award-winning Xtegrity system. As GM of Equalizer Flange Integrity Systems (EFIS) Morrison, who has almost 30 years’ experience in the oil and gas sector…
Seabed Geosolutions is due to mobilize for a variation order signed by Abu Dhabi National Oil Co. (ADNOC) with CGG to conduct a shallow water seabed survey offshore Abu Dhabi. The survey is over the Ghasha-Butini field, will take around 12 months and has a value of around US$125 million…
Brazilian prosecutors presented formal charges against Marcelo Odebrecht, CEO of Brazil's largest construction firm Odebrecht SA; Otavio Marques Azevedo, CEO of Andrade Gutierrez; and 20 others on Friday 24 July with charges of corruption…
Representatives of Italian explorer Eni and the Egyptian government gathered in Rome to sign updated Head of Agreement terms, following a new offshore discovery made in the Nile Delta earlier this week. The update says the two will jointly…
Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China…
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