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…
Accredited well control training provider, Well Control School (WCS), has relocated its training center in Lafayette, Louisiana to 425 Settlers Trace Boulevard. WCS will hold its first classes in the new center on 30 November, 2015. The…
Petrobras announced that its chairman, Murilo Pinto de Oliveira Ferreira, who was in leave of absence since 14 September, 2015, presented his resignation. Luiz Nelson Guedes de Carvalho, who was performing the duties of the chairman since 14 September…
Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
Image: map of Mauritania block C-10/Sterling Energy Sterling Energy has announced that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary…
Subsea connector specialist, First Subsea, has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, offshore Japan. In this latest phase of the project, the connector…
From 2-4 September 2015, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil Petroleum's maintenance management at Gullfaks A (GFA). The audit is part of the processing of the application for consent for an operating life extension for GFA…
Visuray announced a first commercial application of their X-ray wireline technology for downhole imaging in wells filled with opaque fluid. In a well, managed by TAQA Energy in Holland, Visuray’s VR90 tool successfully imaged the top of a coiled tubing disconnect with millimeter accuracy…
Image from Aker Solutions Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest…
Image: Brandon Bordelon/Bordelon Marine Bordelon Marine has taken delivery of the MV Brandon Bordelon a DP2 ultra-light intervention vessel (ULIV) this month. The vessel features a helideck…
Image from Lundin Petroleum. Lundin Norway, as operator for production license 708, has received consent to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days…
Lundin Norway has commenced drilling of exploration well 6407/10-4 on the Lorry prospect, in the Norwegian Sea. Image from Lundin Petroleum. Well 6407/10-4 will explore the Lorry prospect in PL700…
The Capreolus 3D multi-client project, the largest single 3D seismic survey ever acquired offshore Australia was recently completed by Polarcus ahead of schedule after a successful 11 month acquisition campaign. This basin-wide broadband…
Nabirm announced that in conjunction with its partner, NAMCOR (10%) that it has concluded the interpretation of a 2D seismic survey on Block 2113A located in the Walvis basin, offshore Namibia, by US-based ION Geophysics. The license…
Ryan Lance, ConocoPhillips chairman and CEO has been elected chairman of API’s board of directors effective 1 January, 2016. Greg Garland, Phillips 66 chairman and CEO, has been elected chair of the finance committee. Lance is a petroleum…
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