Tullow Oil is to “significantly reduce” its 2015 exploration spend and focus on its West African producing assets, including the TEN development project, amid falling oil prices. The move will see Tullow’s investment focus on West Africa…
McDermott International delivered its 7,200-ton riser support structure (RSS) tower for the Ichthys project in the Browse basin, about 124mi off Western Australia. Engineered in Singapore and fabricated on Batam Island, Indonesia, the RSS tower is more than 328ft tall…
Esso Angolato selected BMT Scientific Marine Services, a subsidiary of the BMT Group, to provide maintenance services for systems installed on the two Kizomba tension leg platforms (TLP) offshore Angola. BMT previously installed integrated…
Ceona and Marine Platforms Ltd. (MPL) were awarded two contracts in Nigeria worth a total of US$30 million. Ceona will provide vessels and its installation expertise on the Eni Nigerian Agip Exploration Ltd. ABO12 well completion, as…
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…
Cobalt International's Cameia #3 appraisal well drill stem test offshore Angola has proved more successful than expected, the firm announced (4 November). The results confirm the existence of a large reservoir and support Cobalt’s plan…
ABS Group’s Brian Gibbs and David Hua discuss long-term strategies to extend the service life of aging offshore assets. Structural integrity is critical to sustaining stable, reliable, and optimal performance…
Eni Norge has awarded Aibel a contract for the hook-up and commissioning of its Goliat field. The contract includes preparations prior to towing the FPSO offshore, miscellaneous offshore hook-up activities, and assistance during final commissioning and start-up of the Goliat field…
Ophir Energy has confirmed that it has made an offer to the board of Salamander Energy setting out the terms of a possible takeover. Ophir says there is a “compelling strategic logic for a combination of the two businesses,” with assets in both Africa and South East Asia…
First oil from ExxonMobil’s giant Hebron project off Newfoundland and Labrador is set for 2017. Sarah Parker Musarra received an update on the development from Geoff Parker, Hebron senior project manager, and examines its place in the Canadian energy economy…
Claudio Paschoa provides insights from technical sessions at this year’s Rio Oil & Gas event in Rio de Janeiro, Brazil. Petrobras Geophysics Manager Paulo Johann. Photo from IBP. At Rio Oil & Gas…
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, has been selected by Saipem to supply the riser integrity monitoring systems for Total's Egina development located 150km off the coast of Nigeria. The Egina field, discovered in 2003…
Noble Energy has targeted an early 2018 start-up date for its giant Leviathan gas field off Israel, according to its 3Q earnings statement. In addition, the Houston-based independent received government approval for a gas delivery point for the field in the northern part of Israel…
BW Offshore has received a two year contract extension for the lease and operation of the FPSO Berge Helene from PETRONAS Carigali Mauritania 1. The firm period has been extended to Q2 2017 (from Q2 2015). The FPSO is moored on the Mauritania/Chinguetti fields offshore Mauritania.