The GSF Explorer drillship is next on the chopping block as Transocean decides to scrap its 19th rig, causing an estimated US$120 million hit to the company. The Transocean Sedco Express was awarded a 45-day contract…
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch of ARCO Arctic oil to Europe during its sixth shipment. More than 2.9 MMbbl of oil has been extracted from the Prirazlomnoye oil field since production began…
Spectrum began a 3500km multi-client 2D seismic survey offshore Namibia. The BGP Pioneer. From BGP. The survey is being conducted in the Orange basin to complete the 6000km survey over the Namibia and South Africa border…
Louisiana-based LLOG Exploration Co. began production from the Delta House floating production system (FPS) in the Gulf of Mexico. Delta House. From LLOG. Delta House is located in Mississippi Canyon 254…
Eni's floating cylindrical platform for the Goliat field in the Barents Sea arrives in Hammerfest today (April 17) from South Korea after a 63-day voyage covering 15,608 nautical miles, the firm has announced. The 107m-diameter, 64,000…
China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…
UK-based engineering firm Plexus secured its first contract with Cardon IV, a gas license granted by the Ministry of Petroleum and Mines of Venezuela to Eni and Repsol. The contract covers the supply of mudline suspension equipment services for a development well offshore Venezuela…
In April, Transocean’s Deepwater Asgard drillship arrived in the US Gulf of Mexico (GOM) to work under a two-year contract for Chevron. The ship is a Daewoo Shipbuilding DSME 12000 design with dynamic positioning capabilities and can drill up to 35…
Drill rig fleet operators are dropping dayrates as the market is squeezed due to the precipitous fall in global crude price. Industry insiders say dayrate bargaining by upstream companies is the play of the day. Rigs operating in the Middle East are particularly exposed…
Houston-based Eco-Engineering Solutions selected to use Paradigm’s Sysdrill software for well planning and drilling engineering. Image of well path positional uncertainty displayed in Sysdrill 3D viewer…
Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…
Houston-based TAM International opened a new office in Norway to support the company’s current business and seek further growth. Colin Graham has been appointed as Norway country manager and will be spearheading these efforts. “By…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
Norway's Kongsberg Maritime and UK technology ABT Oil and Gas (ABTOG) (50% owned by Enegi Oil) have signed a collaboration agreement to work together on a proof of concept to demonstrate the effectiveness of normally unattended operations of facilities for the development of marginal fields…
Nautronix's NASNet array in Statoil’s Aasta Hansteen field is now fully operational and awaiting first field construction, the UK-based firm said. Last year, Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along…
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