Energy News

 

Trendsetter gets high pressure capping contract

Dec 08, 2015

Trendsetter Engineering was awarded a contract to design, manufacture and test the industry’s first 20,000 psi valve‐based capping stack. This capping stack will be capable of containing high pressure, high temperature subsea oil wells in the event of a subsea well‐control incident…

McDermott lands Trinidad development contract

Dec 08, 2015

McDermott International announced it has been awarded a sizeable transport and installation contract by an upstream oil and gas operator for a project offshore Trinidad, West Indies. The contract award includes the transport and installation of a 1000-tonne deck and 1600-tonne jacket…

Statoil commissions Songa Equinox in Troll field

Dec 08, 2015

Songa Equinox has commenced drilling operations under its eight-year drilling contract with Statoil at the Troll Field on the Norwegian continental shelf, and the rig is now on operating rate. Songa Equinox is the first rig in a series of four Category D semisubmersible drilling rigs…

Seadrill, Chevron extend rig contracts

Dec 08, 2015

Seadrill Partners has secured one-year contract extensions for the T-15 and T-16 tender rigs with Chevron Thailand E&P.   The contracts will now expire in July and August 2019, respectively.  The total backlog of the two contract extensions is approximately US$80 million…

Ensco names new COO

Dec 08, 2015

Ensco appointed Carey Lowe as the new chief operating officer. Lowe is based in London and succeeds Mark Burns, who is retiring from the company. Lowe has held various executive management positions at Ensco since joining the company in 2008…

OSD develops new RLWI / IMR vessels

Dec 07, 2015

OSD-IMT, the UK division of Netherlands-based Offshore Ship Designers (OSD), is designing two 120m IMT9120 riserless light well intervention / IMR vessels for Austin Offshore, the shipping arm of Upstream Drilling, Singapore. The…

Maersk Guardian heads to Denmark

Dec 07, 2015

Maersk Drilling has been awarded a contract with Maersk Oil for the jackup rig Maersk Guardian for accommodation on various fields in the Danish part of the North Sea. The firm contract duration is five years with commencement in September 2016…

TAM International names Davis global technical director

Dec 07, 2015

TAM International has appointed Tim Davis global technical director for TAM, overseeing global technical support for operations, training, product line management, and marketing.   Image: Tim Davis…

Southeast Barents could contain 2 billion bbl reserves

Dec 07, 2015

The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…

EMGS sells Brazil EM data

Dec 04, 2015

Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.

Murphy in Thunder Bird P&A

Dec 04, 2015

Image from IOG. Murphy Oil encountered hydrocarbon pay at its Thunder Bird sidetrack well in the Gulf of Mexico, but has decided to plug and abandon the well, due to the low oil price environment…

EHL enters extension period

Dec 02, 2015

Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…

AVEVA releases Brownfield software

Dec 02, 2015

Image: AVEVA Everything 3D 2.1 /AVEVA AVEVA announced the commercial launch of AVEVA Everything3D 2.1 (AVEVA E3D). The software is designed to increase productivity for EPCs and owner operators…

Hydratight seals deal with Subsea 7

Dec 02, 2015

Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…

North Energy sells PL 707 stake

Dec 02, 2015

North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…

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