Aberdeen’s oil industry has pioneered global offshore harsh environment exploration, but it will need to “innovate its socks off” to maximize the North Sea’s remaining potential and remain competitive globally, a special SPE event in the Scottish city heard last night…
SOCO International announced the Lidongo X Marine-101 (LXM-101) exploration well spud in the Marine XI Block, located in the Congo Basin, offshore the Republic of Congo. The LXM-101 well is located 23km north west of Pointe Noire in a…
J2 Subsea opened a new facility in New Iberia, Louisiana. This facility, which includes a new hydraulic workshop for tool preparation, servicing and support, will provide torque tools, analysers, Webtool cutters, intensifiers, grinders…
Chevron’s Anchor-1 well was junked due to mechanical difficulties. Located in Green Canyon block 807, 131 mi. from Louisiana in the Gulf of Mexico, Anchor-1 was abandoned before reaching its geologic objectives, according to Cobalt International Energy’s 2Q 2014 results…
Left: Martin Wilson; Right: Dr. Mark Burton The Aberdeenshire-headquartered STATS Group opened a new intervention engineering and technical support hub and recruited two pipeline intervention services team members…
SeaBird Exploration Plc announced that the survey vessel, Aquila Explorer, received a letter of award for a 2D seismic survey in Australasia. The survey will cover a minimum of 10,000km and will have an estimated value of approximately US$11 million…
Paradigm Flow Services has invested approximately US$7.2 million in a new headquarters and test center in Drumoak. The company has a 15-year lease on Paradigm House from MacDonald Properties (Aberdeen) Ltd., which will provide capacity…
London-based, Africa-focused explorer Afren has suspended CEO Osman Shahenshah as well as Chief Operating Officer Shahid Ullah pending the results of an investigation into unauthorized payments, the company announced on 31 July 2014. Afren…
ConocoPhillips has extended its contract Archer Ltd. for the provision of platform drilling services for the Greater Ekofisk Area. The Greater Ekofisk Area is located in the southern part of the North Sea, 300km southwest of Stavanger…
The Thermal Integrity Profiler (TIP) was awarded the 2015 winner of the Charles Pankow Award for Innovation by the American Society of Civil Engineers (ASCE). The award celebrates collaboration in innovative design, materials, or construction…
Rosneft and PDVSA entered into a cooperation agreement to implement offshore projects in the Rio-Caribe and Mejillones blocks, which is phase II of the Mariscal Sucre project. Both companies expressed interest to reach an agreement on key technical requirements…
Lime Petroleum Norway, a jointly-controlled entity of Malaysia-based Hibiscus Petroleum Berhad and Singapore-based Rex International, surrendered three licenses in the North Sea, following the deadline for a drill or drop decision by 23 July 2014…
Topsides were lifted into place on the 9150-tonne steel jacket on the Valemon field in the Norwegian North Sea on 28 July, operator Statoil announced. Statoil's Valemon. Photo from Statoil's Andre Osmundsen…
ABS and the Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) today to promote maritime research and development (R&D) and innovation. Over the next five years, ABS and MPA will collaborate on maritime…
China National Petroleum (CNPC) and Cupapetroleo (CUPET) signed a framework agreement to increase crude output and production sharing and a cooperation agreement on drilling services in Havana, Cuba on 22 July. Under the agreements, CNPC…