Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…
Real-time metocean data transmitted by a Fugro SEAWATCH Wavescan buoy is supporting Technip's construction program on BP's Quad 204 project West of Shetland. The work is Technip’s largest UK North Sea contract to date and involves replacing…
The role 4D seismic plays in extracting more oil out of mature fields was outlined at ONS 2014 in Stavanger, Norway. Meg Chesshyre reports. Fig. 1: 4D seismic gives a clearer reservoir image. All Images from PGS…
Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…
The 2015 Offshore Achievement Awards (OAAs) have opened for entries today, with a new category added to recognize investment into the future talent of the energy industry. The prestigious awards, which are organised and hosted by the…
GE launched its new technology center and a new deepwater vertical Xmas tree at this year’s ONS. Meg Chesshyre learned more. The inauguration of GE’s new technology solutions center, including a half-size model of its new deepwater Xmas tree…
Elaine Maslin reports on Subsea 7’s new autonomous inspection vehicle and an AUV specification that has been put out for tender by French major Total. Subsea 7’s AIV. Images from Subsea 7. Life-of-field autonomous underwater vehicles (AUV)…
When the Varg A monotower offshore Norway required stabilization, IK came up with a novel, remote, subsea solution. Elaine Maslin found out more after hearing about the project at the Underwater Technology Conference in Bergen earlier this year…
Industrial services firm Cape Plc has been awarded a contract to supply services within BP's UK North Sea Magnus Life Extension project, MLXP. MLXP is a project being undertaken by BP as part of its North Sea renewals program, and will…
Schlumberger’s Patrick Smith reviews technological developments that are increasing the accuracy of 4D seismic reservoir monitoring. Schematic representation of the reconstruction of a multi-measurement shot record…
Sarah Parker Musarra spoke with well intervention vessel providers, following a panel discussion at the 2014 Deepwater Intervention Forum, to examine the pros and cons behind using purpose built or dedicated vessels. Helix’s…
ABB, the leading power and automation technology group, has won an order from Armada Kraken Pte, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating…
Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
UK-based engineering and project management firm Atkins has acquired Houston-based Houston Offshore Engineering (HOE) for US$73 million (approximately £45 million). HOE has specialist experience in the design of offshore deepwater floating…
Oil and gas engineering services business Plexus has won an order from BG Group for surface wellhead and mudline equipment services for an exploration well in the UK Continental Shelf in the North Sea. The contract is due to run for 150 days and will involve Plexus' 18-3/4” 15…