Dolphin Geophysical has commenced the East Campeche 2D long offset multi-client survey in Mexico, utilizing the M/V Artemis Arctic. The licensed approved 19,597 line-km survey is well positioned towards the recent Mexican announced five-year…
The 2010 Deepwater Horizon spill came back to haunt BP once again in 2Q 2015, as the company reported a massive loss of US$6.3 billion, largely due to the deadly Gulf of Mexico incident. Bob Dudley…
Norway’s Statoil beat profits forecasts thanks to an increase in production and better refining margins but it further reduced its planned capex as oil prices remain low. The firm, which saw net income fall to US$882 million (7.2 billion NOK) from 9…
Husky Energy says it still continues to assess potential development options for its West White Rose extension in the Jeanne d'Arc Basin. The firm started production from the nearby South White Rose project, a subsea satellite tieback to the White Rose project's SeaRose FPSO…
Junior exploration firm Trapoil has agreed to acquire Jersey Oil and Gas E&P (JOG) for £495,000 and raise about £820,000 to cover its costs. In a reverse takeover style deal, Trapoil will be renamed Jersey Oil and Gas and JOG's founding…
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first floating liquefied natural gas (PFLNG1) facility to KAKG-A platform. The platform…
The first foundation was laid for the US’s first offshore wind farm, 3nm off the coast of Rhode Island, the company behind it, Deepwater Wind, announced on social media Sunday, 26 July. The Weeks 533 crane barge lowered a 400-ton steel…
Trinidad and Tobago-focused Trinity terminated its US$23 million agreement with Centrica to acquire the British company’s 80% interest in two offshore blocks. According to Trinity, it has been unable to extend the term of its agreement…
Borets, a provider for the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North American field trial of its PMM-PCP system, the first permanent magnet motor (PMM) running…
Houston-based Excelerate Energy received authorization from the Federal Energy Regulatory Commission (FERC) for the Aguirre Offshore GasPort project offshore Puerto Rico.Image from Excelerate. After nearly four years of environmental reviews…
Image: manifolds leaving Rosythe/Babcock A major milestone has been reached in Babcock’s delivery of 73 subsea structures for BP’s Quad 204 offshore redevelopment project, 130km west of Shetland…
The Institute of Marine Engineering, Science & Technology (IMarEST) appointed David Kelly, currently head of marketing at IMarEST’s London headquarters, as director of Asia-Pacific. The new position, based in Singapore, will be taken…
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…
Subscribe
