Atwood Oceanics is to delay delivery of two new ultra-deepwater drillships being built by two years. The drillships are being built at by Daewoo Shipbuilding & Marine Engineering (DSME). Atwood agreed with DSME to take delivery of the two drillships…
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MOU) for joint efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS)…
Faroe Petroleum and DONG E&P Norge have completed the acquisition deal consisting of five Norwegian North Sea oil and gas fields, with Faroe only paying a fraction of the original US$70.2 million price tag. Image of Trym subsea gas compression…
Bibby Offshore secured a significant contract with Shell to provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. The campaign, due to commence in Q1 2017, will utilize Bibby's multipurpose dive support and offshore construction vessel…
In this video, BP shows an overview of its recently sanctioned Mad Dog Phase 2 project. The supermajor sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico on 1 December, with the anticipation of first production set to start in late-2021…
Japan's Mitsui & Co. has reached an agreement with Shell to acquire 20% working interest in the supermajor's 100%-operated Kaikias and Circius fields in the US Gulf of Mexico, the firm announced on 5 December. The two fields sit in four blocks (MC-767…
Fugro has decided to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea. On 4 August 2016, Fugro announced that it had signed an agreement for the sale of its subsea services business in Asia Pacific to Shelf Subsea…
Offshore Wind Consultants Ltd. (OWC) has been appointed by a Taiwanese renewables company to provide consultancy services related to wind turbine installation vessels and their suitability for different wind turbines and site locations offshore Taiwan…
BP has begun drilling a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region, the supermajor announced 5 December. The well, being drilled with partners Perenco and Premier…
The Subsea Integration Alliance (a collaboration between Schlumberger, OneSubsea, and Subsea 7) has been awarded a deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
Decommissioning is now firmly on the North Sea oil and gas industry’s agenda. Some US$21.98 billion is forecast to be spent on decommissioning UK North Sea facilities in the next 10 years.* As the number of operational platforms decreases and the pace of decommissioning increases…
Audrey Leon speaks with California-based Materia about a resin the firm hopes will make waves for subsea thermal insulation and other deepwater buoyancy applications. Proxima thermoset norbornene resins create composites…
Siemens Wind Power has launched its first customized turbine transport vessel in Esbjerg, the Rotra Vente, with a sister ship on the way next year. Image of the Rotra Vente, from Siemens. Sea…
Norway’s Petroleum Safety Authority (PSA) carried out an audit of operations, maintenance and pressure safety focused on Statoil's and Gassco's land organizations and the Heimdal main platform (HMP) and Heimdal riser platform (HRP). The audit was conducted between 22 and 29 September 2016…
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