Hurricane Energy plc announced that the Lancaster horizontal appraisal well was spudded on 26 April 2014. The firm is using the Transocean Sedco 712 semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster basement oil discovery…
RWE Innogy UK announced that it has successfully completed the installation of all 160 foundations at the world’s second largest wind farm, Gwynt y Môr, off of North Wales. Gwynt y Môr is a greater than US$3.36 billion offshore wind farm on schedule to become fully constructed this year…
BG Group's CEO Chris Finlayson has resigned, with immediate effect, the UK-based exploration firm announced today, raising calls for the firm to be broken up and suggestions it would now be a takeover target. In a statement, BG said the resignation…
Tonbridge based independent subsea engineering firm Jee Ltd. won a seven-year EPCI contract for work offshore Newfoundland and Labrador, Canada. The client is unnamed. The contract’s scope encompasses the project’s offshore loading system (OLS)…
The Danish Energy Agency (DEA) has launched the country's 7th North Sea Licensing Round, covering the Central Graben, where the majority of Danish fields have so far been discovered, and areas further to the east, where oil discoveries were made in the 6th Licensing Round…
TGS has started new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3100sq km 3D multi-client survey…
Tullow Oil's Tapendar-1 exploration well in the C-10 license, offshore Mauritania, has not encountered hydrocarbons and the well is being plugged and abandoned. Tapendar-1 is the second exploration well in Tullow’s Mauritania exploration campaign…
NGI from Oslo, Norway, and Plaxis, from Delft, the Netherlands, have established a new joint venture, XG Geotools. XG Geotools will produce and market cloud-based software tools tailored for design tasks in offshore geotechnical engineering…
Cairn India acquired about 3010 line-km of 2D infill seismic over Block 1 of the Orange basin, off South Africa's Northern Cape Province, in Q1 2014. It is currently evaluating the data. The company acquired a 1981sq km 3D…
Ensco plc sold its ENSCO 85 jackup rig for $64 million, the company announced on 24 April 2014. The sale is part of trend among jackup rig providers including Transocean, Maersk Drilling, Noble, and Seadrill to modinize their fleets (See 'Jackups on the rise' in OE May 2014)…
Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…
FoundOcean, Inc. and Delta SubSea LLC signed a strategic agreement today to provide subsea grouting and scour remediation services in waters off Trinidad and Tobago, and Venezuela. The two companies bring complementary services to the table…
Siemens is investing more than US$262 million in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6Mw class is planned, with a new logistics and service center slated for Hull…
Nexen Energy (wholly-owned subsidiary of CNOOC Ltd.) CEO, Kevin Reinhart (pictured) has announced his plans to retire after 20 years with the company. CNOOC Ltd. executive vice president, Fang Zhi will succeed Reinhart in this position. Zhi’s 30-year career with CNOOC Ltd…
Cyprus-based Songa Offshore SE, an international midwater drilling contractor active in the North Atlantic basin, has chosen to deploy IFS Applications for Offshore Service to support its onshore and offshore operations. The contract includes…
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