Offshore Regions News - page 1521


Scottish independence debate draws in CEOs

Sep 12, 2014

Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil.  Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…

Statoil agrees $1.3 billion Wintershall deal

Sep 12, 2014

Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal.  As part of the deal, Statoil will also…

Eni CEO investigated for corruption

Sep 11, 2014

Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…

CNOOC opens 33 blocks off China

Sep 11, 2014

State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…

CNOOC begins drilling off China

Sep 11, 2014

CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…

PMI opens shorebase on Louisiana coast

Sep 11, 2014

PMI Energy Services opened a shorebase in Morgan City, Louisiana, focused on supporting shelf, coastal and inland waters production and drilling activities. PMI MC Shorebase, aerial south to north PMI’s…

MeyGen secures 25-year lease

Sep 11, 2014

The owner of a Scottish tidal stream energy project has secured a 398MW, 25-year seabed lease from the Crown Estate, which owns the seabed, for the project.  Atlantis owns the MeyGen project, which earlier this month secured major funding packages…

47 apply in latest Norwegian license round

Sep 11, 2014

Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…

Barents Sea duster for Statoil

Sep 11, 2014

Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea.  The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…

Deep Gulf deepwater GOM contract for Technip

Sep 11, 2014

Deep Gulf Energy II has awarded Technip a lump sum contract for the development of the deepwater, high-pressure, high-temperature Kodiak field, in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico. The in 1472-1710m water depth…

GE and Atmos form partnership to offer leak detection solution

Sep 10, 2014

GE's Measurement and Control business announced it has entered into a cooperation agreement with Atmos International.  As part of the partnership, the two companies will offer a more comprehensive leak detection solution to pipeline operating customers…

Flow Research predicts new technology growth

Sep 10, 2014

A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…

Sembcorp buys SSP and builds new facility

Sep 10, 2014

Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…

Vallourec gets piece of Edradour

Sep 10, 2014

Technip Umbilicals awarded Vallourec a contract for the Total-operated West of Shetland Edradour project in the UK. For the first industrial order, Vallourec will deliver super duplex welded tubes for umbilicals, a key component in subsea installations…

Roc abandons China Block 09/05

Sep 10, 2014

Roc Oil failed to find commercial hydrocarbons at the QK11-1-1 well in Bohai Bay, offshore China, reported joint venture partner AWE Ltd. The well was drilled to a total depth of 4377m measured depth and 3863 true vertical depth on 7…

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