Houston-based Freeport-McMoRan Oil & Gas (FM O&G) will be the first US oil producer to launch an initial public offering (IPO) in 2015. The company filed a registration statement on Form S-1 with the US Securities and Exchange Commission…
DONG Energy has decided to construct Race Bank Offshore Wind Farm, located in the Greater Wash area, approximately 27km off the east coast of Britain.The project will span approximately 29sq mi and is due to be operational by 2018. Race…
Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian continental shelf, around 225km west of Stavanger. The subsea infrastructure on the Alvheim field…
Statoil will cancel the contract with the China Oilfield Services Ltd. (COSL) vessel, COSL Pioneer, about 13 months before the expiry date of August 2016, reports the company. COSL Pioneer has been suspended since 8 October 2014 and Statoil…
Drilling to further grow the resources around the Njord field in the Norwegian Sea has started, with more expected this year, helping firm up plans for the greater Njord area, according to partner Faroe Petroleum. Concept selection for…
UK-based Expro Group has been awarded new contracts from Tullow Oil worth more than US$100 million over three years. The contracts will see Expro work across Tullow Oil’s assets in Ghana, including the Jubilee field and the Tweneboa-Enyenra-Ntomme (TEN) field project (see map)…
Sweden's Alfa Laval has won an order to supply its Framo pumping systems to the Johan Sverdrup field development in the Norwegian North Sea. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 200 million (US$24…
Suncor Energy Norge's Niobe exploration well has been classified as a dry well, according to the Norwegian Petroleum Directorate. The well, 25/10-13 S, in production licence 571, was drilled in 119mm water depth, in the central part of…
A fire aboard Petróleos Mexicanos’ (Pemex) unmanned Akal-H platform was quickly put out on Monday (22 June) in the Bay of Campeche. The Akal-H platform. From Pemex Flickr. Four…
With HelWin2, Siemens has handed over the fourth North Sea grid link to the customer TenneT. This marks the start of commercial operation of the grid connection by the German-Dutch transmission grid operator. There are now four Siemens grid links with a transmission capacity of over 2…
Vallourec, provider of premium tubular solutions primarily serving the energy markets, announced several key appointments in its North America region. William Gamisans has been appointed managing director for Vallourec Tube-Alloy worldwide effective 1 August 2015…
As expected, Hercules Offshore Inc. plans to file for Chapter 11 bankruptcy protection next month as a final solution to its US$1.2 billion debt woes. The firm is one of the first to crash and burn as a result of insufficient cash flow due…
Louisiana-based LLOG Exploration Offshore (LLOG) awarded Houston-based McDermott International a lump sum contract to support LLOG’s Otis development located in the Gulf of Mexico. LV 105. From McDermott…
Optimus Seventh Generation, an Aberdeen-headquartered behavioral change consultancy, has strengthened its safety portfolio by securing its first decommissioning contract in a six-figure agreement with a major North Sea operator. The four-month contract…
Subsea connector specialist First Subsea is supplying a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s new Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian sector of the North Sea…
Subscribe
