Offshore Regions News - page 1550

 

Lords call for North Sea conference

Mar 16, 2015

The House of Lords EU Committee has today called for a Ministerial Conference of North Sea countries to ensure a holistic approach is developed to managing the environmental challenges and economic opportunities in the North Sea. The…

Accommodation vessel market hinges on quality

Mar 16, 2015

The global offshore accommodation market has seen significant growth over the past five years, with persons on board (PoB) requirements increasing by 27% between 2009 and 2014. Although the recent oil price decline has negatively impacted the accommodation market to some extent…

Fugro wins Statoil, Gassco pipeline inspection contract

Mar 13, 2015

Statoil Petroleum and Gassco awarded the 2015 annual pipeline inspection contract to Fugro. The Geo Prospector. From Fugro.   The contract covers inspection of defined sections of subsea…

AGSL gets Golden Eagle contract

Mar 13, 2015

Aberdeen-based Nexen Petroleum awarded Asset Guardian Solutions Ltd. (AGSL) a contract to provide solutions software for the Golden Eagle project offshore the UK North Sea. AGSL will provide the software management tool, Asset Guardian…

Expro wins Innovator Award

Mar 13, 2015

Expro won the Innovator Award at this year’s SPE Offshore Achievement Awards for its pioneering wireless well solutions technology. Champion receiving the award. Image from Expro.   The…

Anadarko dumps Dolphin drillship

Mar 13, 2015

Anadarko Petroleum Corp. sent Dolphin Drilling an early termination notice for the Belford Dolphin ultra deepwater drillship's charter contract off Mozambique. The Belford Dolphin. From Dolphin Drilling…

GCA opens central London office

Mar 12, 2015

Gaffney, Cline & Associates (GCA) opened a new office location in central London to complement its existing UK base in Bentley, Hampshire and international locations in Houston and Singapore. Michael Cline, GCA principal – business strategy and legal counsel will lead the new office…

GDF Suez hits at Dalziel

Mar 12, 2015

GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean.  Well 22/16-6 flowed at rates in excess of 8000…

Petrobras starts early at Búzios

Mar 12, 2015

Petrobras began early production at the deepwater Búzios field offshore Brazil. The Dynamic Producer. From Sembcorp Marine.   Búzios is located in the Santos basin, about 200km off the coast of Rio de Janeiro…

Total North Sea reinvention needed

Mar 12, 2015

A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March).  The North Sea’s mature status, high costs,…

Bel Valves eyes new subsea facility

Mar 12, 2015

Newcaslte, England-based valve manufacturer BEL Valves is looking to set up a new £10 million subsea engineering facility for Newcastle’s Quayside. Plans for the 20,000sq ft Neptune Test Centre on the now derelict Spillers Tyne Mill site…

Mammoet installs Malampaya DCP

Mar 12, 2015

Mammoet installed the Malampaya Phase 3 depletion compression platform (DCP) in the West Philippine Sea for Shell Philippines Exploration, in a 48-hour operation. The Malampaya deepwater gas-to-power project, off the coast of Northwest Palawan in Philippines…

Wood Mackenzie analyzes Mexico’s Round One

Mar 11, 2015

New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…

PPGC cancels Leviathan deal

Mar 11, 2015

The Leviathan project takes another hit after the Palestine Power Generation Co. (PPGC) gave its notice to cancel its 20-year agreement to supply natural gas for Leviathan, offshore Israel. Map of Israel…

Bracing for bankruptcy

Mar 11, 2015

While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…

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