French geoscience company CGG is proposing a US$378.9 million (€350 million) capital increase to finance its “Transformation Plan,” which the company first implemented in 2013. The Oceanic Vega…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
North Atlantic Drilling (NADL) entered into a standstill agreement, effective until June 2016, with Jurong Shipyard for the delivery of the sixth generation harsh environment semisubmersible drilling rig, the West Rigel. During the standstill period until June 2016…
Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
Marco Polo Marine subsidiary Marco Polo Drilling (MP Drilling) revealed that 180 new cracks, not including other defects, were found on all three legs of a jackup that the company canceled with Sembcorp Marine. Marco Polo said according to Sembcorp’s second statement…
Solstad Offshore has won a multiple-year contract with Chevron in Thailand for its offshore installation and construction program using the derrick lay barge Norce Endeavour. Norce Endeavour will install multiple new wellhead platforms…
Odfjell Drilling’s Deepsea Aberdeen has all the bells and whistles for working west of Shetland. Elaine Maslin takes a look. Deepsea Aberdeen working west of Sheltand. Photo from Odfjell Drilling…
The engineering challenges posed by colossal FLNG projects are in danger of dwarfing the practicalities of realizing the build. That needn’t be the case. Focusing on the vendor equipment supply chain from the outset, and the choice of codes and standards employed…
Eliminating the umbilical has been targeted as a way to help make the exploitation of small pools more viable. Elaine Maslin reports on a string of new technologies which aim to do just that. An Exnics collar…
The ABS-classed Seajacks Scylla, a wind farm installation and offshore construction vessel, has been delivered by the Samsung Heavy Industries (SHI) Shipyard in Geoje, Republic of Korea. 'The cooperation among Seajacks, ABS and SHI was vital to the success of this newbuild effort…
Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
Det norske oljeselskap has, on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund), awarded an agreement to Transocean Offshore for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area…
Premier Oil’s Solan field is due to come onstream by the end of this year. It’s a unique project for the North Sea – a normally unmanned facility with a subsea oil storage tank. Bibby Polaris on location at Premier Solan…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
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