Farstad Shipping’s Norwegian operations are taking a hit as the company sets to lay up five vessels, and lay off about 100 employees that is due to the further weakening of the offshore market. The Far Sleipner…
Centrica Resources has received consent from the Petroleum Safety Authority to drill a shallow borehole (pilot hole) down to a depth of 423m below the seabed in the North Sea near the Ula field. The purpose of drilling is to establish that there is no shallow gas in an area…
Shell started production from the Bonga Phase 3 project offshore Nigeria, with expected peak production to hit about 50,000 boe/d. Image of the Bonga project. From Shell Flickr. Bonga…
Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…
Maersk Oil Norway AS, operator of production license 510, is about to complete drilling of wildcat well 6406/6-4 S. The well, drilled about 20km southwest of the Tyrihans field in the Norwegian Sea, is the first exploration well in the license…
Electromagnetic Geoservcies (EMGS) signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2015. The Galatea and Thalassa vessels…
This year has been a year of anniversaries for many, not least OE, which celebrates its 40th anniversary this year, alongside first oil from the North Sea. Another firm marking a milestone is Schilling Robotics, now FMC Technologies Schilling Robotics…
Despite rapid progress in the 1980s and 1990s, ROV technology development has ground to a halt, according to some. Are we on the brink of a new era? Elaine Maslin reports. A UHD generation III during offshore deployment…
Despite a current pause in commitments to new projects, the capital expenditure (capex) for FLNG vessels is expected to amount to US$35.5 billion over 2015-2021, says a new report by Douglas-Westwood (DW) entitled 'World FLNG Market Forecast 2015-2021…
Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…
Lundin Norway encountered oil at two appraisal wells at the Alta discovery in the Barents Sea that proved important for the eastern flank Alta, and will result in further exploration in the area. Map of the appraisal wells…
Electromagnetic Geoservices ASA (EMGS) is extending its cost reduction plans by removing another vessel from its fleet, and reducing staffing levels in a move that will reduce operation costs by up to US$35 million annually, and $70 million for 2015…
Ezra Holdings Ltd., announced its Subsea Services division EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the US Gulf of Mexico. Image…
Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract. The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…
The last pipe in Statoil’s Polarled pipeline has been laid this week in the Norwegian Sea, with the project coming in at 32% under budget. The pipeline was laid by the world's largest pipelaying vessel: Solitaire from Allseas…