Offshore Regions News - page 1485


Decommissioning warning for UKCS

Nov 26, 2014

Concerns about agreements around decommissioning costs on the UK Continental Shelf have been added to a rising tide of warnings about the future of the North Sea oil and gas industry. The warnings, which focus on the future sustainability of the North Sea…

Shift needed to maximize UKCS potential

Nov 26, 2014

Companies operating in the North Sea require a cultural shift to make the most of its potential, according to a new report from Deloitte, the business advisory firm. Image from Statoil.   The report…

Essar Oil appoints new CEO for E&P

Nov 26, 2014

Mumbai-based Essar Oil Ltd. announced the appointment of Manish Maheshwari as the new chief executive officer of the company’s exploration and production business. New CEO Manish Maheshwari. Photo from Essar…

Gazprom Neft, PetroVietnam sign Arctic agreement

Nov 25, 2014

Russia's Gazprom Neft and state-owned PetroVietnam have begun exclusive talks to potentially cooperate in the development of the Dolginskoye field, located about 75km off the Russian coast in the Pechora Sea. Gazprom Neft said in a statement…

JDR awarded Abo umbilical contract

Nov 25, 2014

Service company Royal Niger Emerging Technologies has awarded JDR a fast-track contract supporting the West African Abo project for the manufacture of a 1.55km hybrid steel tube and thermoplastic umbilical. The umbilical, designed to…

Solstad gets Chevron Thailand job

Nov 25, 2014

Solstad Offshore ASA’s (SOFF) derrick lay barge Norce Endeavor will be operating for Chevron Thailand E&P Ltd.’s 2015 offshore campaign, off Thailand. Upon the terms of the contract, the Norce Endeavour will install multiple new wellhead platforms…

North Sea confidence at 6-year low

Nov 25, 2014

Confidence in North Sea oil and gas activity has fallen to a six-year low, highlighting an 'urgent need' for fiscal reform in the basin, according to a report published today (25 November).  Aberdeen & Grampian Chamber of Commerce's (AGCC) report…

Spectrum starts Uruguay seismic

Nov 25, 2014

Norway-based seismic acquisition firm Spectrum has started a 3600km multi-client 2D seismic survey offshore Uruguay, South America. The new acquisition program will infill Spectrum’s survey acquired in 2013 and cover open, ultra-deep water acreage in the Oriental del Plata and Pelotas basins…

Oceaneering charters Island Pride

Nov 24, 2014

Oceaneering International has entered into a two-year charter for use of the Island Pride, a multi-service subsea support vessel owned by Island Offshore Shipping International. The vessel is expected to be available for work in the US Gulf of Mexico (GOM) in early January 2015…

CNOOC begins oil production at Huizhou-Xijiang

Nov 24, 2014

China National Offshore Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project.   Xijiang 24-3 facility…

AUVSI names new President/CEO

Nov 24, 2014

Brian Wynne has been named president and CEO of the Association for Unmanned Vehicle Systems International (AUVSI), succeeding the retiring Michael Toscano on 12 January 2015. Incoming AUVSI CEO & President…

EMGS gets 3D Brazil contract

Nov 24, 2014

Electromagnetic Geoservices ASA (EMGS) received a contract worth US$1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas basin using the EM Leader vessel. The project…

A look at Ulstein's X-Stern

Nov 24, 2014

This animation from Norway's Ulstein Group details the company's new patent-pending X-Stern vessel, which upgrades the shipbuilder's popular X-Bow. The X-Stern can stay on position in harsh weather with the stern towards waves, wind and current…

JDR gets West African umbilical contract

Nov 24, 2014

Royal Niger Emerging Technologies awarded JDR Cable Systems Ltd. a contract to manufacture a 1.55km hybrid of steel tube and thermoplastic 
umbilical support for the West African Abo project. JDR's steel umbilical…

BOEM, NOPP launch Arctic ecosystem study in US and Canadian waters

Nov 24, 2014

The Bureau of Ocean Energy Management (BOEM) and National Oceanographic Partnership Program (NOPP) partners announced the award of a broad Arctic study that will investigate the interrelationship among the physical, biological, chemical and…

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