A North Sea operator saved more than £500,000 during a well abandonment campaign in the U.K. Continental Shelf with the help of independent wellbore clean-up and abandonment specialist Coretrax.Coretrax was selected to support the decommissioning…
Spain's Cepsa postponed what would have been the largest oil company listing in a decade on Monday, the latest IPO to succumb to a global sell-off in equity markets.Cepsa's owner, Abu Dhabi state investor Mubadala, had planned to raise about 2 billion euros ($2…
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain…
Aker BP has agreed to buy Equinor's 77.8 percent stake in Norway's King Lear gas and condensate discovery for $250 million in cash, the two companies said on Monday.The North Sea discovery has estimated reserves of 77 million barrels of oil equivalents…
The Atlantic margins focused oil and gas exploration company Chariot Oil & Gas Limited has announced the result of the well on the Central Blocks license, offshore Namibia (Chariot 65% (Operator), Azinam 20%, NAMCOR 10% and Ignitus 5%).The well has been safely drilled to a total MD of 4…
UK operating subsidiary of KBR has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development located on the maritime border between Senegal and Mauritania.The agreement contains…
High voltage engineering specialist, EDS HV Group (EDS), part of the UK’s leading marine services company – James Fisher and Sons plc, has successfully completed its scope of work at the European Offshore Wind Deployment Centre (EOWDC), also known as the Aberdeen Offshore Wind Farm…
Norwegian seismic specialist TGS-NOPEC Geophysical Company (TGS) and oilfield services providers Schlumberger have announced a new multiclient nodal seismic project in the U.S. Gulf of Mexico.The project, named Amendment, will comprise acquisition of a 2…
U.S. Gulf of Mexico producers have cut oil output by 32 percent and natural gas production by 13 percent as a result of the lingering effects of Hurricane Michael, the Bureau of Safety and Environmental Enforcement (BSEE) said on Friday, citing reports from 27 companies…
Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added…
Australian oil and gas company Woodside Energy, as Operator for and on behalf of the Browse JV, has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Development…
Offshore wind O&M specialist ZITON has completed the decommissioning of the Utgrunden Offshore Windfarm off the east coast of Sweden.Contracted by Vattenfall on turn-key terms, ZITON has delivered the project on time and to budget. ZITON jack…
Japan's MODEC is to provide and operate a floating production storage and offloading (FPSO) vessel for Eni Mexico, a subsidiary of Eni.According to a press release from the Japanese supplier and operator of offshore floating platforms, it has received a Letter of Intent (LOI) for supply…
Energy XXI Gulf Coast (EGC) has reached an agreement with the drilling and exploration services company Cox Oil to extend the required closing date for their planned merger to Oct. 17.Houston-headquarteredexploration and production company EGC…
Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog.The marine geophysical services company said that the surveys will be starting in the first half of Q4 2018…
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