A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Dolphin Geophysical has been awarded a contract for the acquisition and processing of a 7000sq km SHarp Broadband 3D survey off Senegal by Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess has commenced operations, which will be completed in approximately four months…
Tenaris is now the sole owner of Socotherm Brasil, having bought out Socotherm America's 50% share. The Socotherm Brasil coating facility, located beside the Confab welded pipes mill in Pindamonhangaba, São Paulo, was previously managed in partnership by Tenaris and ShawCor…
CAMAC Energy Kenya Ltd., awarded Polaris Seismic International Ltd. a seismic contract for a 2D seismic surveys partly offshore Kenya. The survey covers 506sq km within Block L16 partly onshore and partly offshore Kenya. CAMAC says…
Statoil announced that the Dilolo-1 exploration well in the Kwanza basin offshore Angola was drilled to its pre-salt target, but failed to find any hydrocarbons. The well is now in the process of being plugged and abandoned. Statoil says…
Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…
Statoil moved to increase its presence offshore Colombia through two farm-in agreements with Spain’s Repsol, the Norwegian explorer announced on 4 September 2014. Statoil will acquire a 10% stake in the Petrobras-operated Tayrona…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…
Statoil’s Martin prospect located in Mississippi Canyon block 718 in the US Gulf of Mexico (GOM) has been plugged and abandoned. Statoil said while a discovery was made, it was non-commercial. Statoil says the Maersk Developer semisubmersible rig…
Noble Energy has entered into a non-binding letter of intent (LOI) to supply Jordan’s National Electric Power Co. Ltd. (NEPCO) gas from the Leviathan field, located off Israel, the company announced on 3 September 2014. In the US$15 billion deal…
In order to expand its Brazilian business, Polarcus has teamed up with Sinergeo for the management of Polarcus do Brazil in Rio de Janeiro. With the addition of Marcelo Fonseca and Marcos Gallotti to the company’s management team, Polarcus…
Vard Holdings Ltd. awarded Houston-based Forum Energy Technologies (FET) a contract for eight remotely operated vehicles (ROV) systems. FET will supply eight Perry XLX 150HP work-class ROVs that will be mobilized on four new-build pipeline…
Ceona has successfully floated the Ceona Amazon pipelay vessel from the Lloyd Werft yard in Bremerhaven, Germany, the company announced on 3 September 2014. Completion is scheduled for November. Work at Bremerhaven follows successful floatation at Crist yard in Poland back in April…
Viper Subsea won a multimillion-dollar contract to supply subsea hydraulic and electrical distribution equipment to an unnamed oil field in the Caspian Sea. The contract includes the design and supply of subsea equipment, in addition…
Mexico’s Pemex awarded an offshore multi-site geophysical and geotechnical survey to Fugro and Constructora Subacuatica Diavaz, S.A. de C.V. The contract, valued at US$31.5 million, includes offshore operations, laboratory testing and…