FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands is pleased to provide the following operations update with respect to the ongoing 3D seismic operations. The…
Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
Ecosse Subsea Systems (ESS) has reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilised onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea…
M-I Swaco, a Schlumberger Company, took OE on a tour of its new SMART 3D package of integrated displacement services. Audrey Leon reports from Houston. MM-I SWACO unveiled its SMART 3D displacement package on February 28 at the Houston Museum of Natural Science…
MacGregor, part of Cargotec, has secured its third identical offshore crane contract for Volstad Maritime AS series of 125m offshore construction vessels being built by Bergen Group Fosen shipyard in Norway. The order is booked in the first quarter 2013 order intake…
North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, has been awarded a major contract with BP with a value of £63million. The multi-service contract is for five years with a possible extension of five years and includes tanker assist…
The outgoing chief executive of Norwegian state-owned oil firm Petoro is to join Aibel as chairman. Kjell Pedersen has a degree in petroleum engineering from Trondheim and had a long career in Exxon/ExxonMobil before joining Petoro in 2001…
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, is pleased to announce that the drilling of exploration well 6406/6-3 has commenced. The well will target the Mjøsa gas prospect, which is located 10 km northeast…
Cairn is pleased to announce it has secured a long term contract with Transocean for the “Cajun Express” drilling unit. The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal…
Premier Oil's Huntington field in the central North Sea came on stream on Friday using Sevan Marine's Voyageur Spirit FPSO.After an initial ramp up period, the field is expected to produce 25-30 kboepd (gross), said Premier. For Premier it is…
Exploration could be radically altered by a simple idea, Victor Schmidt explains, saving industry months and millions. How does the offshore industry evaluate a new deepwater play? Conduct geologic research, examine studies, collect samples…
The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…
Newcastle University is to lead a national centre for subsea and offshore engineering as part of a major drive to develop new materials and technologies to explore the world’s oceans. The Neptune National Centre for Subsea and Offshore Engineering…
The US Senate confirmed Sally Jewell, CEO of US-based retailer Recreational Equipment Inc. (REI), as the next Secretary of the Interior department.President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar (Official…
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