Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to…
Houston-based VAALCO Energy is in the process of plugging and abandoning its post-salt Kindele-1 well, offshore Angola after encountering non-commercial hydrocarbons. Map of Kindele-1, offshore Angola…
Despite the recent memorandum of understanding (MOU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused on developing domestic reserves and initiating liquefied natural gas (LNG) projects in Russia, according…
Italian exploration and production major Eni is joining Chevron, Woodside, Ophir Energy and India's Reliance Industries, in gearing up for exploration activities offshore Myanmar after signing two production sharing contracts (PSCs). All the companies have been awarded PSCs off the country…
McDermott International has been awarded a contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron to support the brownfield expansion of the Jack and St. Malo fields in the US Gulf of Mexico. Image from Chevron…
Floating production vessel operator BW Offshore and UK-based independent producer Ithaca Energy have agreed new terms for use of the BW Athena in the North Sea. BW Offshore and Ithaca Energy (on behalf of the Athena field co-venturers)…
UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which includes the option for two, one-year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering…
Oil prices are set to rise on average US$10/bbl annually towards 2020, with global liquids supply and demand balancing out in around two years, according to Oslo-headquartered oil and gas consulting and business intelligence firm Rystad Energy…
Strategic Marine delivered the StratCat multi-purpose service vessel (MSV) to Njord Offshore. The Njord Odin. Image from Njord. The MSV is capable of transporting up to 24 crew, and is a first in its class in three particulars…
Maersk Oil North Sea awarded Harkand a multi-million dollar contract for the provision of diving support vessel (DSV) services in the North Sea. Harkand Da Vinci. From Harkand. The 12-month contract covers well tie-ins…
North Sea oil and gas operators have committed to fund a search and rescue (SAR) helicopter service, supplementing national SAR cover for parts of the Central North Sea. The participating companies have awarded Bond Offshore Helicopters a US$88…
Atlantis awarded Lockheed Martin a construction contract for the tidal stream energy project, MeyGen, to deliver the 1.5 MW AR1500 turbine to fulfill the company’s MeyGen project turbine supply obligations. The 1…
ExxonMobil began production at its deepest subsea tie-back, Hadrian South in the deepwater Gulf of Mexico. Image from ExxonMobil. Hadrian South is located about 230mi offshore in the…
Vertech is preparing to take delivery of its first specialist vessel as the company’s diving team enhances its capabilities for operations worldwide. Image from Vertech. The new 14…
Keppel Offshore & Marine subsidiary Keppel FELS delivered a KFELS B Class jackup rig to Mexican national oil company, Petróleos Mexicanos (Pemex). The Kukulkan jackup. From Keppel. The…
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