Shares in Norwegian geophysical firm Magseis started trading on the Oslo Axess stock exchange on Friday. Magseis was founded in 2009, and has developed a proprietary Ocean Bottom Seismic (OBS) technology. The company has one purpose-built vessel in operation…
Saudi Aramco made a deepwater oil discovery, Al-Haryd, in the Red Sea in 2013, the firm has revealed in its annual report. The discovery was one of three oil and two gas fields made by Saudi Aramco in 2013, taking its total number of discovered fields to 121…
Circle Oil has started drilling exploration well EMD-1 on the offshore Mahdia Permit using the drillship PetroSaudi Discoverer. The well is near existing producing fields, including the Tazerka, Birsa, Oudna, and Halk El Menzel oil fields…
As the deepwater prospects being drilled today address ever more complex conditions, the drilling industry needs to adjust its technology to address the challenges that arise. The use of conventional “open to atmosphere” drilling methods…
SapuraKencana Energy Sarawak Inc. (SKE) announced the discovery of four non-associated natural gas wells in the SK408 Production Sharing Contract (PSC) area. These are the first four wells of a 10-well commitment in the SK408 PSC, a 4480sq km area…
Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…
Polarcus, in collaboration with Russia's Dalmorneftegeophysica, has mobilized for the 3000sq km high-density broadband Fedynsky 3D survey in the Russian Barents Sea. Polarcus Nadia departed Kirkenes, Norway, on 7 June for the project area…
First production from Lundin’s Brynhild subsea tieback development has been set back to due commissioning issues on the Haewene Brim FPSO. Brynhild, which sits in the Norwegian sector of the North Sea, will be a four-well subsea tieback to Bluewater’s Haewene Brim…
UK-based exploration firm Hurricane Energy has completed the drilling phase of the ongoing operation to drill and test a horizontal appraisal well on its Lancaster discovery, West of Shetland. The well has been drilled to plan and a 1km…
EnergyMakers' Russ Capper interviews SBM Offshore's Group Technology Director Michael Wyllie about the company's very high pressure (VHP) fluid swivel technology. The swivel earned SBM Offshore a Spotlight award at the 2014 Offshore Technology Conference in Houston…
Rowan Companies has secured a two-year drilling contract for the Rowan Relentless, the fourth and final drillship in the firm's current construction program. The contract is with Freeport-McMoRan Oil & Gas, a subsidiary of Freeport-McMoRan Copper & Gold Inc…
Denmark's Ramboll has acquired Apply Altra in Aberdeen from Norway's Apply Group, and renamed it Ramboll Oil & Gas. Under the Ramboll name, the former Apply Altra will continue to deliver facilities engineering capability to the oil…
Hess Corp. announced on 5 June that it has been ranked No. 1 among the greenest US energy producers according to the just-released “2014 Newsweek (magazine) Green Rankings” of the largest 500 companies in the world. The rankings, now in their sixth year…
By installing eWON VPN routers and using the Talk2M Internet-based remote access system from MAC Systems, Aquatic Engineering & Construction Ltd, an Acteon company, is now able to securely monitor and quickly resolve issues on its heavy-duty tensioner equipment…
RWE Dea has achieved 30 years oil production in the Gulf of Suez. The company has produced over 640 million bbl of crude during these three decades. Ongoing investments in modern technology and infrastructure have maintained high production levels…