Fugro launched its G4 service, in the field of GNSS augmentation systems for offshore positioning applications. The new satellite correction service is the first to take advantage of all four GNSS (global navigation satellite systems): GPS…
Singapore-based KrisEnergy increased its stake in Blocks 105 and 120 offshore Vietnam. Map of Block 105. From KrisEnergy. KrisEnergy now holds 33.33% in each block after Neon Energy…
GMB Scotland officers are seeking permission from GMB Scotland Regional Committee to move to ballot members covered by the Offshore Contractors Agreement over possible strike action following unilateral changes to working conditions. This…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS's multi-client data library in Norway now covers 44…
Lundin Petroleum began drilling the 16/1-24 exploration well at the Gemini prospect, just southwest of the Edvard Grieg field. The Island Innovator, from Island Drilling. The well is located in Block 16/1…
BP Norge received consent from the Petroleum Safety Authority Norway (PSA) for a gas lift at the Valhall IP. Increased water production is expected as a result of the water injection at Valhall, and gas lift is being performed to maintain stable production from the wells at IP…
Saudi Aramco says it has set a new record for heavy lift operations in its Arabiyah-Hasbah gas fields project about 150km offshore Saudi Arabia. The heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7500-ton crane…
Norway-based geophysical services company Electromagnetic Geoservices ASA (EMGS) says it is going to appeal a Court decision over its Towed Streamer EM patent. The firm had issued a claims against Petroleum Geo-Services (PGS) in the High Court of Justice…
Maersk Drilling’s third XL Enhanced ultra harsh environment jackup was officially named Saturday morning at the Keppel FELS shipyard in Singapore. Margareth Øvrum, Executive Vice President in Statoil, named the rig - the third in a series…
Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…
Another ruling came down from the Texas Supreme Court involving BP’s Macondo accident. This time, the courts ruled that BP couldn’t claim the estimated US$700 million in insurance carried by Transocean at the time of the spill in 2010. Deepwater…
The PetroRio acquisition of Shell’s 80% stake in the Bijupirá and Salema fields, and the Fluminense FPSO cost the company US$150 million. PetroRio acquiring the Fluminense FPSO in Shell deal. Image from Modec…
Westcon Yards won a contract to conduct a special periodic survey (SPS) and inspection on the Transocean Leader semisubmersible. The Transocean Leader. From Transocean. The company said the original plan was for the rig to arrive in March…
Statoil and its partners have submitted their development plan for the largest oil field on the Norwegian Continental Shelf (NCS) since the 1980s – a project tipped to have “ripple effects” through the whole Norwegian economy for years to come…
Norway based geoscience firm Dolphin Geophysical has been awarded a contract for 3D data acquisition and processing of 10,000sq km. with Ophir Energy in Myanmar. The work will start in Q1 with a vessel already in the region planned to tow an industry first configuration…
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