International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC). Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…
Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…
Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015). The firm said its well intervention revenues increased 30% in Q2 of 2016…
Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…
UK explorer Independent Oil and Gas (IOG) is due to spud an appraisal well on the Skipper oil discovery next week. The Skipper prospect, 100% owned by IOG, is in Block 9/21a in license P1609 in the northern North Sea. IOG says success of the well would be 'transformational' for the company…
The Bureau of Ocean Energy Management (BOEM) has notified companies holding oil and gas leases in federal waters that it is updating financial assurance and risk management requirements to ensure that US taxpayers never have to pay for decommissioning…
Petrobras has started production from the Cidade de Saquarema floating production and storage offloading (FPSO) unit on the giant Lula field, offshore Brazil. Cidade de Saquarema, from SBM Offshore…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
The Industry Technology Facilitator (ITF) has launched a call for proposals to improve or offer alternative approaches to cement plugs which are currently deployed in plugging and abandonment (P&A) operations in wells. The invitation is open to qualified organizations…
Noble Energy entered into a US$369 million definitive agreement with the Harel Group and Israel Infrastructure Fund (IIF) to offload 3% working interest in the Tamar field, offshore Israel. Image of the Tamar platform…
UK-based explorer Independent Oil and Gas (IOG) expects to take Transocean's Sedco 704 semisubmersible drilling rig on contract and start drilling an appraisal well on the Skipper oil discovery in the second half of July 2016. Skipper…
Allseas, the operator of the Solitaire pipelay vessel, recently decided to repair parts of the 550sq m tank top in hold #6 which had corroded. After a detailed assessment was carried out, Allseas opted for Intelligent Engineering’s (IE’s)…
Former BP and Shell geologist Mike Shepherd says the North Sea demonstrates top in class oil recovery factors compared to the rest of the world, but could do better. BP’s Magnus platform.Photo from BP…
Allspeeds has been awarded a contract to supply Webtool emergency disconnection tools for well intervention and workover in the Shah Deniz 2 field in the Caspian Sea. Webtool enables rapid cutting of umbilical multiple fluid transfer jumpers…
Wood Group Mustang has been chosen by the Leviathan partners to provide the front-end engineering and design (FEED) work for the Leviathan project’s production platform in a US$120 million deal. Image from Wood Group Mustang Twitter…
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