The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…
Eco Atlantic Oil & Gas Ltd.received approval from the Parliament of the Republic of Ghana to acquire a 50.51% interest in the Cape Three Points West block, located in the Tano Cape Three Points basin, offshore Ghana. The agreement is for 25 years…
In addition to allowing cranes to work safely and effectively in harsh conditions, heave compensation reduces the effect of resonance on the subsea load. Photo from Huisman. Accurately…
JDR is opening a new offshore engineering technology center in Cambridge on 28 July. The new Cambridge R&D team will evolve JDR’s specialist knowledge of subsea production umbilicals and subsea power cables to take on exploration challenges faced by oil…
Houston-based William Jacob Management, Inc. (WJM) introduced a modular offshore drilling rig design that reduces deployment costs and improves speed-to-market for upstream operations. The modular offshore rig facility (MORF) is a copyrighted design for a 3000hp modular drilling facility…
Former SSE utility boss Ian Marchant has joined tidal energy firm Nova Innovation as its chairman. Marchant was chief executive of SSE, a large UK-based utility company, for 10 years, before standing down in 2013. Earlier this year…
Crowley Maritime Corp. will christen the new ocean-class tug, the Ocean Sky, in Houston tomorrow. The 156-ft long Ocean Sky is the fourth of Crowley's new ocean-class tugs to leave the Bollinger shipyard, following its sister ship, the Ocean Sun…
Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
Trinidad and Tobago’s Trinity Exploration signed an agreement with Centrica to acquire the British company’s 80% interests in two offshore blocks. Valued at approximately US$23 million, blocks 1a and 1b are located offshore the west coast of Trinidad…
Black Elk Energy Offshore Operations announced they have entered into a purchase and sale agreement with Renaissance Offshore, a privately held Houston based oil and gas company. Under the agreement, Renaissance will acquire interests in nine fields in the Gulf of Mexico…
Sonangol Pesquisa e Produção, SA awarded a jackup contract to KCA Deutag for the Ben Rinnes jackup rig in Angola. The agreement, which comes with a two-year extension option, states that KCA Deutag’s offshore division will provide drilling…
Ceona, a SURF and heavy subsea construction contractor, announced it has appointed Jean-Luc Laloë to its advisory committee. With over 35 years of experience in the offshore engineering and construction industry, Jean-Luc Laloë has assumed a variety of positions in areas such as engineering…
GE Oil & Gas announced today it will provide vital surface equipment to Mexico’s national oil company PEMEX Exploration and Production for use at its offshore project in the Ayatsil heavy oil field located in the Campeche Sound, in the Gulf of Mexico…
Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has announced plans to further invest in Southeast Asia with the development of three new operational…
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