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Exxon, OMV Petrom spud Romanian well

Oct 28, 2014

ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…

Kleven converting Aker Wayfarer to SESV

Oct 28, 2014

Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…

dGB launches OpendTect 5.0

Oct 28, 2014

dGB Earth Sciences launched its OpendTect 5.0, the latest version of its open source seismic interpretation software, at the Society of Exploration Geophysicists (SEG) 84th annual meeting in Denver. OpendTect 5.0 comes with significant…

Baker Hughes releases MultiNode

Oct 28, 2014

Baker Hughes has announced the commercial release of its MultiNode all-electric intelligent well system, which allows operators to remotely monitor and control a greater number of production zones in both cased and openhole completions. The…

Subsea wet gas compression gets closer

Oct 28, 2014

The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015, says Statoil. By adding 22MM boe extra from the…

Petrofac gets Nova Scotia project

Oct 28, 2014

The government of Nova Scotia awarded Petrofac a contract to help identify the best ways to exploit the province’s ultra deepwater oil potential. Under the terms of the agreement, Petrofac is expected to deliver a development study for…

Total E&P awards CHC long-term North Sea contract

Oct 28, 2014

Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS)…

GlobalData: Kenya investment on the rise

Oct 28, 2014

Kenya will need to focus on providing a competitive and stable fiscal environment if it is to fully exploit its offshore gas industry and attract investors ahead of Mozambique and Tanzania, says an analyst with research and consulting firm GlobalData…

Tercel, Total debut cutter collaboration

Oct 28, 2014

Tercel Oilfield Products introduced its patented MicroCORE cutting system, developed in collaboration with Total. The launch took place at the Society of Petroleum Engineers Annual Technical Conference & Exhibition (SPE ATCE) from October 27-29 2014 in Amsterdam…

DNV GL discusses Arctic challenges

Oct 28, 2014

Major oil and gas companies have several challenges to face when it comes to operating in the Arctic. Won Ho Lee and Piotr Szalewski, both DNV GL principal engineers, discussed some of these challenges at the company’s annual Technology Week last month…

Teekay vessel to be converted to Libra FPSO

Oct 28, 2014

Deltamarin Ltd. entered into a contract with Jurong Shipyard Pte Ltd. for the conversion of Teekay’s Navion Norvegia to the Libra floating production, storage and offloading unit (FPSO), for operations in the Libra field, offshore Brazil…

BP, CGG to develop marine seismic technology

Oct 28, 2014

BP and CGG entered into an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology…

Schlumberger introduces new well integrity service

Oct 28, 2014

Schlumberger is releasing its Invizion Evaluation well integrity service that helps operators evaluate zonal isolation by using integrated drilling, cementing and well logging data. Schlumberger says one key component in achieving zonal isolation is cementing…

Claxton gets Middle East contract

Oct 28, 2014

Claxton Engineering was awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning…

UK production decline to reverse

Oct 28, 2014

UK North Sea production is expected to remain flat in 2014, marking the first time in 15 years the industry has not seen a production decline in the basin.  Production declines on the UK Continental Shelf had been steadily dropping at a rate of 7-8% per year…

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