Allspeeds has been awarded a contract to supply Webtool emergency disconnection tools for well intervention and workover in the Shah Deniz 2 field in the Caspian Sea. Webtool enables rapid cutting of umbilical multiple fluid transfer jumpers…
GC Rieber Shipping firm Dolphin Geophysical has entered into an agreement for seismic acquisition and processing services offshore the Romanian coast of the Black Sea. The agreement includes the delivery of a fast track 3D volume, for Black Sea Oil & Gas and its co-venture partners…
Rosneft and Vietnam's PetroVietnam have signed a cooperation agreement setting out the expansion of cooperation around oil and gas exploration, including offshore, between the parties in Russia, Vietnam and elsewhere. The agreement also covers processing…
Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
Russia's Lukoil gas started driving in marine risers at the Vladimir Filanovsky field in the Caspian Sea, ahead of planned development well drilling operations. Risers, required to reinforce wellheads, ensure circulation and environmental safety at drilling operations…
Ampelmann and Sakhalin Energy Investment signed an agreement to install and operate a winterized version of an Ampelmann’s motion compensated gangway system. This system is designed to be capable of safely and efficiently transferring work crew in temperatures down to -28˚C…
The repair of the Polyarnaya Zvezda and Severnoye Siyaniye, sixth generation semisubmersible mobile offshore drilling units (MODU), have been completed under the survey of Russian Maritime Register of Shipping (RS) at Yantai CIMC Raffles Offshore Shipyard in Yantai…
In late February, Weatherford completed a drilling and reaming project near Sakhalin Island, Russia, that resulted in a total of 52 hours in rig time saved. The operator contracted Weatherford to enlarge a 3641ft (1110m) hole section from 8…
Russia’s Lukoil has been granted approval from the Russian Federation Government for hydrocarbon exploration and production in two Baltic Sea fields. Lukoil will explore the D29 and D41 oil fields, which were both discovered in 2015, using the Arktichesksaya jackup drilling rig…
Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
A Kaliningrad-focused subsidiary of Russia's Lukoil has been granted a right to explore for oil and gas in the Russian sector of the Baltic Sea. The area includes the D33 oil field, discovered in 2015 using a Russian-made jackup drilling rig…
GE entered into a US$1 billion sourcing program, signing a series of agreements with its Russian strategic partners at the 17th GE Oil & Gas Annual Meeting in Florence. Expanding the scope of their 2013 strategic partnership, GE and Rosneft…
Arctech Helsinki Shipyards, part of United Shipbuilding Corp., held a keel laying ceremony on 17 December for a new icebreaking platform supply vessel ordered by PAO Sovcomflot under a long-term agreement with Sakhalin Energy. The agreement…
The US is losing its opportunity to lay claim to Arctic exploration, falling behind countries such as Norway and Russia. Now with Shell and Statoil exiting Alaska’s offshore, many in the industry and in politics are wondering how to salvage Alaskan offshore exploration…
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