Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…
Australia-based Sunbird Energy has agreed a deal to raise more than AUD$25 million to help advance its Ibhubesi Gas Project offshore South Africa. The deal involves Pan-African investment company Vandasia Investments acquiring 43.9% interest…
UK-based Cairn Energy and its Senegalese partners have made an oil discovery, which has the potential to be a “significant standalone development”, on the deepwater FAN-1 well. The well, drilled using the semisubmersible Cajun Express…
Real-time metocean data transmitted by a Fugro SEAWATCH Wavescan buoy is supporting Technip's construction program on BP's Quad 204 project West of Shetland. The work is Technip’s largest UK North Sea contract to date and involves replacing…
The role 4D seismic plays in extracting more oil out of mature fields was outlined at ONS 2014 in Stavanger, Norway. Meg Chesshyre reports. Fig. 1: 4D seismic gives a clearer reservoir image. All Images from PGS…
Stone Energy Corp. contracted the ENSCO 8503 dynamically-positioned deepwater drilling rig for Stone Energy's multi-year drilling program in the Gulf of Mexico. The 30-month contract will commence during 2Q 2015 at a rate of approximately US$350…
Geoscience firm Benthic relocated its company headquarters to its new technology center in Houston on 29 September. The facility, which contains 13,410sq ft of office space and 17,840sq ft of warehouse space, is located in Hammerly Business…
Dubai-based Dragon Oil is in negotiations with Dublin-based Petroceltic International to consider an all-cash offer for the issued share capital of Petroceltic. Petroceltic's GSP Prometeu drilling rig operating off of Romania…
CNR International Ltd. (CNRI) awarded the Heerema-AF Consortium a contract for the removal and disposal of the Murchison platform, marking a significant step towards the decommissioning of one of the largest platforms in the UK North Sea…
Colombia’s oil industry has railed against a proposed tax reform presented on Saturday to the country’s congress, Reuters reported. The proposed regime aims to raise $53 trillion Colombian pesos (just over US$26 billion) from 2015-2019. Image…
Three ONS innovation awards were presented by Norwegian energy minister Tord Lien at this year’s ONS exhibition and conference, held in Stavanger in late August. Norwegian Energy Minister Tord…
October’s Faces of the Industry profiles a leader who is expanding the footprint of LAGCOE (Louisiana Gulf Coast Oil Exposition). Angela Cring, executive director of LAGCOE, is leading the organization into its next chapter and broadening its reach beyond the show itself…
Barry Calnan, 3D printing manager for Houston-based 3d-Printing Solutions, has always seen things differently. Barry Calnan “As an engineering designer, keeping an open mind has been my best tool…
Alan Thorpe examines the latest offshore construction vessels to enter the market. The two Island Offshore vessels in Lloyd Werft. Photo by Alan Thorpe. This Spring, Norway’s…
SBM Offshore’s Paula Farquharson-Blengino provides an inside look at the company’s Angola shipyard, a joint venture between partners Sonangol and DSME. Paenal is the first yard in West Africa with the capacity to facilitate mega FPSO vessels…
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