Nearly two years after a failed attempt, oilfield services giant Schlumberger is set to acquire a majority stake in Eurasia Drilling Co. (EDC). The Astra jackup. Image from EDC. Schlumberger…
Rosneft and A. P. Moller Maersk, which owns drilling firm Maersk Drilling and oil firm Maersk Oil, as well as a huge container shipping business, are among a slew of companies across the globe hit by the Petya ransomeware virus. The virus…
Russia's President Vladimir Putin visited Allseas' mega-vessel, the Pioneering Spirit, to symbolically launch of the alignment of the shallow and deep-water sections of Gazprom's TurkStream gas pipeline in the Black Sea. Putin toured…
Russia's Rosneft says it has made a new oil discovery in the Laptev Sea, in the Russian Arctic. Rosneft says the Tsentralno-Olginskaya-1 well is the first in the Laptev Sea, and the northernmost exploratory well on the Eastern Arctic shelf…
Lukoil has completed the fifth production well for the Vladimir Filanovsky field in the Caspian Sea, and is constructing a sixth well to be used for water injection. Photo source: Lukoil The…
Seadrill and North Atlantic Drilling Ltd. (NADL) have agreed to further extend a framework deal with Rosneft for the use of rigs until 31 May 2019. The companies first agreed on the deal on 22 August 2014. In November 2014 the long…
Wood Group has secured a technical support services (TSS) contract with Sakhalin Energy Investment Company, an operator of Sakhalin-2, which includes Russia's first offshore gas production platform and liquefied natural gas (LNG) plant. The…
The Go Electra, from M2 Subsea. M² Subsea secured its first contract award that will see the firm supply the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system…
Russia's Gazprom began construction of the TurkStream pipeline’s offshore section. The Allseas Group, contractor for both strings of the gas pipeline's offshore section, started laying the pipes using the Audacia vessel. Construction…
Gazprom-led Nord Stream 2 has signed financial agreements with five major energy companies, including supermajor Shell, for the Nord Stream 2 pipeline project. Nord Stream 2 pipeline signing. Image from Uniper Twitter…
Norway's Polarcus has delivered its Polarcus Amani seismic vessel, without streamers, to Russia's Sovcomflot in Bergen. The vessel has been chartered by Sovcomflot under a bareboat agreement for five and a half years. Following delivery of the vessel to Sovcomflot…
Siem Offshore has lined up a string of charter contracts for its vessels with several global companies. BHP Billiton has hired the Siem Aquamarine and Siem Amethyst AHTS vessels to support upcoming drilling work west of Australia for a firm period of 240 days…
Ampelmann, a provider of safe offshore access to the energy industry, has released it latest Walk to Work system which has been specially designed for operation in extreme cold conditions. The N-type, nicknamed Icemann, was officially launched in Rotterdam…
Russian's Lukoil says its Phase 2 Vladimir Filanovsky LSP-2 ice-resistant topsides have set sail for the Caspian Sea. Production from the project is due at the end of this year. Phase 2 of Vladimir Filanovsky field development provides for the construction of a fixed ice-resistant platform…
Nord Stream 2 finalized a deal with Allseas for the offshore pipelay of the Nord Stream 2 natural gas pipeline though the Baltic Sea last week, as the Gazprom-led company moves to begin the environmental impact assessment (EIA) procedure in Russia for the project…