Offshore Regions News - page 1542

 

Lundin abandons dry Malaysian well

Nov 26, 2015

Lundin Petroleum Selada-1 exploration well in Block PM308A, offshore Malaysia, has been plugged and abandoned after being found to be dry. The well was targeting hydrocarbons in Miocene aged sands about 14km to the south of the Bertam field operated by Lundin Malaysia…

Aker inks BP frame agreement

Nov 26, 2015

Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also…

Confidence crisis in North Sea

Nov 26, 2015

The confidence of North Sea oil and gas contractors is at an all-time low, according to a new industry report released today. Four in five contractors (79%) surveyed say they are less confident in their prospects than a year ago, compared to just 1% that are more confident…

Drilling commences on Roc-1

Nov 25, 2015

Carnarvon Petroleum has announced that operator Quadrant Energy has spud the Roc-1 well on 24 November 2015. Drilling is expected to reach 4700m total depth, and take about 35-40 days trouble free. Well logging and sidewall coring is expected to take about 5-10 days on success case…

Russian sanctions hurt SMD

Nov 25, 2015

UK-based ROV and trenching vehicle manufacturer Specialist Machine Developments (SMD) is to cut 80 jobs in the wake of its largest ever order being suspended due to Russian sanctions.  Image from SMD Facebook…

Wild Well Control increases in Asia-Pacific

Nov 25, 2015

Wild Well Control increased its presence in the Asia-Pacific region this month.  Steve Nas, regional manager of Well Control Engineering – Asia-Pacific region, brings nearly 35 years of experience with a focus on underbalanced and managed…

Penspen lands Nigerian engineering study

Nov 25, 2015

Penspen has been awarded a contract from Sirius Group to conduct an engineering study for the monetization of gas reserves from oilfields offshore Niger Delta. A key element of this agreement is the development of gas reserves of the OML 122 field…

First Subsea award wind farm contract

Nov 25, 2015

Subsea connector specialist, First Subsea, has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, offshore Japan. In this latest phase of the project, the connector…

IMES invests in new technology

Nov 25, 2015

Marine and subsea firm Inspection Monitoring Engineering Solutions (IMES) has invested US$75,481 (£50,000) in new technology, expanding its existing service offering for clients in the oil and gas industry. The Aberdeen-based company…

Isleburn selected for floating wind farm contract

Nov 25, 2015

Statoil has awarded a contract to Isleburn Limited for providing the suction anchors to its floating wind farm project, the Hywind pilot park, offshore Peterhead, Scotland. Isleburn, part of Global Energy Group and based in Northern Scotland…

Total appoints chief digital officer

Nov 25, 2015

Gilles Cochevelou has been appointed Chief Digital Officer of French oil major Total.  Cochevelou joined Total in 1994 and has held, successively, the positions of Operations Manager at Donges Refinery and Head of Strategic Planning in Refining and Marketing…

Shell fined £22,500 after leak

Nov 25, 2015

Oil major Shell has been fined £22,500 after admitting failures that led to an oil leak in the North Sea. The leak, the biggest in a decade in the North Sea, was discovered on 10 August 2011, when oil was spotted on the sea surface near Shell’s Gannet F field…

Lundin spuds Barents Ørnen prospect

Nov 24, 2015

Lundin Petroleum has started drilling exploration well 7130/4-1 on the Ørnen (Eagle) prospect. Ørnen is in PL708, on the eastern parts of the Finnmark Platform in the southern Barents Sea. The reservoir is expected to consist of Upper Permian carbonates…

Rockhopper, Falkland Oil and Gas to merge

Nov 24, 2015

Rockhopper Exploration has agreed a deal to take over fellow Falklands explorer Falkland Oil and Gas (FOGL). The move will make the combined company the largest North Falkland Islands license and discovered resource holder with a material working interest in all key licenses in the area…

UH elevates petroleum engineering

Nov 23, 2015

The University of Houston (UH) petroleum engineering program – started in 2009 with just 20 undergraduate students – has been elevated to a full department within the UH Cullen College of Engineering. The move was announced this month. The new department…

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