Offshore Regions News - page 1501

 

WGK secures KPOC work

Jun 17, 2015

Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Co. (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia. The scope of work will include…

Oil and gas cross sector study

Jun 17, 2015

Oil and gas firms must learn lessons from other UK industries and fundamentally change the way they operate if they are to successfully compete for international investment and maximize recovery across the UK continental shelf (UKCS) over the next 25 years…

DNV to save industry US$32 billion

Jun 17, 2015

The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be US$108 billion (NOK 870 billion) during the next 40 years…

Weatherford releases IntegraLine

Jun 17, 2015

Weatherford International has released their IntegraLine liner system with swage technology at the International Association of Drilling Contractors (IADC) World Drilling 2015 Conference and Exhibition.  Weatherford’s IntegraLine liner…

Polar Empress operates in Barents

Jun 17, 2015

Dolphin Geophysical has announced that the 3D seismic vessel, Polar Empress, is in full production towing 14 streamers on the Maud Extension multi-client survey in the Barents Sea.  The Polar Empress has a capacity to operate up to 22 seismic streamers…

Sustainability a must in US$60/bbl world

Jun 17, 2015

Oil & Gas UK’s chief executive, Deirdre Michie, warned today (17 June) that the UK offshore oil and gas industry must become sustainable ‘in a world of US$60 oil’. The rallying call was made before an audience of over 500 people in Aberdeen…

Zamakona ups capacity at Repnaval

Jun 17, 2015

Zamakona Yards’ Repnaval shipyard has increased its capacity by operating an additional slipway. Repnaval Shipyard. From Repnaval. Repnaval is located in Las Palmas de Gran Canaria…

Baoham Offshore gets new vessels

Jun 17, 2015

Baoham Offshore (HK) Ltd. will acquire new vessels for its fleet, including a newbuild semisubmersible and liftboat, reports the American Bureau of Shipping. Baoham selected ABS to provide classification services for the newbuilds in China…

Statoil Mariner deals surpass US$1.5 billion

Jun 17, 2015

Statoil has handed out the largest contracts for the UK North Sea’s Mariner field that are worth more than US$1.57 billion (£1 billion) to the companies established in Aberdeen. Mariner. Image from Statoil…

Lundin spuds Luno II

Jun 17, 2015

Lundin Norway commenced drilling of exploration well 16/4-9 S on the Luno II North prospect in the North Sea.  The main objective of well 16/4-9 S is to test the hydrocarbon potential and reservoir properties in the Luno II North prospect…

MEO, Brooke Dockyard form consortium

Jun 17, 2015

MEO Australia Malaysian-based Brooke Dockyard & Engineering Work Corp. signed an agreement to form a consortium to cooperate to identify and jointly bid on oil and gas exploration and development opportunities within Sarawak and the whole of Malaysia…

UTC: The evolution of the ROV

Jun 17, 2015

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 second of a three-part series…

Petro Vista to sell Tartaruga Block

Jun 16, 2015

Petro Vista Energy entered into a binding memorandum of understanding (MOU) with Canada-based Maha Energy for the sale of its all of its 37.5% undivided working interest in the exploration and production contract covering the Tartaruga offshore…

DeepOcean, BG Group sign five-year IMR contract

Jun 16, 2015

BG Group awarded DeepOcean a five-year inspection, maintenance, and repair (IMR) contract. The contract covers all ROV-based IMR work for BG Group on its UK and Norwegian subsea assets. DeepOcean will use vessels from its North Sea-based fleet for work under this contract…

API: Prioritize Arctic development

Jun 16, 2015

API encouraged congress and regulators to prioritize Arctic offshore oil and natural gas development as the House Natural Resources Committee prepared to hold a hearing on Arctic energy today (16 June). “Arctic oil and natural gas…

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