Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed exploration well 16/2-20S, located north of the Johan Sverdrup discovery in PL501, in the North Sea sector of the Norwegian Continental Shelf. A sidetrack well will now be drilled…
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
DNV GL has launched a joint industry project (JIP) to provide guidance on an alternative means of personnel transfer onto offshore installations. The Walk to Work (W2W) approach, where offshore installations are manned from a ship via gangway…
Produced Water Absorbents, Inc. (PWA) and its subsidiaries have completed a US$9.2 million acquisition of the operating assets of oil and gas technology company ProSep Inc. and are launching a combined portfolio of patented solutions to treat oil…
Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…
Saipem has opened its new Edmonton indoor fabrication yard in Alberta, Canada. The new facility will allow Saipem to accelerate project delivery by maintaining workforce activity and a safe working environment during bad weather. The yard is northeast of Edmonton…
The organizers of next year's ONS conference and exhibition in Stavanger are marking the event's 40th anniversary with a look back at the first time the event was held in 1974. However, next year's event will also very much be looking forward…
OneSubsea is to provide pump systems for the Total Moho Phase 1bis development in the deep water Moho-Bilondo license offshore Congo. The contract includes a multiphase pump station with two 3.5megawatt high-boost pumps, a power and control module…
North east England engineering firm OGN Group has secured a multi-million pound contract with EnQuest to undertake finishing and commissioning works on the EnQuest Producer, a 249m-long floating production, storage and offloading (FPSO) vessel…
Rosneft, Gazprombank, Sovcomflot and Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) have signed a Memorandum of Understanding on key terms of cooperation to establish shipbuilding and industrial cluster in the southern part of Primorskiy Krai (Russian Far East)…
Statoil and its partners Centrica and ExxonMobil have decided to extend production at the Statfjord A platform in the North Sea until 2020. Statoil said an active drilling program was contributing to the continued maturation of recoverable reserves on Statfjord…
ClampOn has been awarded a contract from Saipem for the supply of ClampOn Subsea CEM, Corrosion-Erosion Monitors. This is one of the largest contracts received by ClampOn to date. The CEM systems will be configured with the firm's…
Sea Trucks Group has won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to provide an accommodation vessel for the Arkutun-Dagi Project, operated by Exxon Neftegas Limited, in Sakhalin, Russia. Sea Truck’s Jascon 25 vessel will be used for the project…
North Sea focused independent EnQuest's US$3.2billion plan to develop the Kraken heavy oil field has been given the go ahead. Kraken is in 108-125m water depth, about 135km east of Shetland, and is estimated to contain 137MM bbl gross reserves…
Technip was awarded contract work from Statoil for a subsea project related to the Edvard Grieg field, in PL338, Block 16/1 in the North Sea, about 180 km west of Stavanger, Norway. Statoil has made a call-off for the framework contract Technip has with Statoil for diving services…
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