Petrofac's Offshore Projects & Operations business unit has secured contract renewals for operations and maintenance work worth approximately US$400 million on the UK Continental Shelf (UKCS). The largest of these awards is for the provision…
Premier Oil is hoping to spud an exploration well on the Baguss prospect in Block 13/24c in the UK North Sea in H1 2016, according to partner North Sea Energy. The Bagpuss well targets lower cretaceous sands, jurassic sands and a granite wash formation about 1400ft subsurface…
Houston-based Hercules Offshore entered into a restructuring support agreement with a group of its debt holders that will shakeup the company’s finances and position Hercules to benefit during the expected rebound in the offshore drilling industry…
Statoil received consent from the Petroleum Safety Authority to use the Maersk Integrator jackup to drill and complete 14 new production wells at Gina Krog. Gina Krog is an oil and gas discovery situated around 250km west of Stavanger and 30km northwest of the Sleipner A facility…
Harkand began decommissioning work on the UK Continental Shelf at Maersk Oil UK’s Leadon field. The Harkand Da Vinci DSV. From Harkand. In March, the IRM firm secured a multi-million dollar…
Together, RWE AG, Gwynt y Môr, Stadtwerke München, and Siemens inaugurated the US$3 billion (£2 billion) Gwynt y Môr wind farm, located 8mi offshore in Liverpool Bay, on 18 June. Gwynt y Môr wind farm…
Wintershall Norge, operator of production license 378, is in the process of completing the drilling of wildcat well 35/12-5 S. The well was drilled about 15km southwest of the Gjøa field in the North Sea and 80km southwest of Florø…
The Petroleum Safety Authority Norway has granted ConocoPhillips consent to use the Maersk Gallant mobile drilling facility for plugging and abandoning a production well at Eldfisk 2/7 A. Eldfisk is an oil field lying due south of Ekofisk in 70-75m of water in the southern North Sea…
Brazil's state-run oil company Petroleo Brasileiro stopped production from its P-40 platform in the offshore Marlim Sul field after a gas leak was discovered, reports Reuters Africa. Reuters quoted Petrobras’ statement that the leak was quickly controlled…
Wood Group has been awarded an offshore maintain potential program contract by Saudi Aramco for greenfield and brownfield engineering services, procurement and construction management support for new facilities in the Arabian Gulf. The six-year contract…
Mubadala Petroleum began oil production from the Nong Yao field in the G11/48 license in the southern Gulf of Thailand from three initial wells on 17 June. Map of G11/48 off Thailand. From Mubadala…
Wintershall, a 100%-BASF subsidiary, plans to optimize its portfolio by selling to Tellus Petroleum its interest in assets in four non-operated fields in a US$602 million deal. The fields include Knarr (where Wintershall owns a 20% interest)…
Production commenced from Houston-based Erin Energy’s Oyo-7 well offshore Nigeria, with the expectations to double the company’s current production rate out of the Oyo field. The Armada Perdana…
Subsea challenges are in focus at this week’s Underwater Technology Conference in Bergen. While the conference examines future oilfield challenges, we take a look back at past innovations in the industry. In the final article in a three-part series…
Cutting tools specialist Allspeeds has invested over US$316,000 (£200,000) in new product development facilities at the company’s headquarters in Accrington, Lancashire to increase the competitiveness and applications for the company’s Webtool cutting tools in the subsea…