In April, Transocean’s Deepwater Asgard drillship arrived in the US Gulf of Mexico (GOM) to work under a two-year contract for Chevron. The ship is a Daewoo Shipbuilding DSME 12000 design with dynamic positioning capabilities and can drill up to 35…
Drill rig fleet operators are dropping dayrates as the market is squeezed due to the precipitous fall in global crude price. Industry insiders say dayrate bargaining by upstream companies is the play of the day. Rigs operating in the Middle East are particularly exposed…
Houston-based Eco-Engineering Solutions selected to use Paradigm’s Sysdrill software for well planning and drilling engineering. Image of well path positional uncertainty displayed in Sysdrill 3D viewer…
Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…
Houston-based TAM International opened a new office in Norway to support the company’s current business and seek further growth. Colin Graham has been appointed as Norway country manager and will be spearheading these efforts. “By…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
Norway's Kongsberg Maritime and UK technology ABT Oil and Gas (ABTOG) (50% owned by Enegi Oil) have signed a collaboration agreement to work together on a proof of concept to demonstrate the effectiveness of normally unattended operations of facilities for the development of marginal fields…
Nautronix's NASNet array in Statoil’s Aasta Hansteen field is now fully operational and awaiting first field construction, the UK-based firm said. Last year, Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along…
Germany's Wintershall is stepping up its activities in the southern North Sea, the company has announced. In addition to an extensive drilling campaign in the Netherlands, the UK and Denmark, the company intends to take its natural gas and crude oil discoveries into the production phase swiftly…
Technip is to help design China's first tension leg platforms (TLPs) under a contract with joint venture partner China Offshore Oil Engineering Co. (COOEC). Image from CNOOC. The…
Norway-based geoscience firm TGS signed a joint venture agreement with Dolphin Geophysical to acquire 4500sq km of 3D multi-client seismic survey over the western part of the Hammerfest basin in the Barents Sea. The survey will provide…
GMC Ltd. has just completed the basic design of a self-installing buoyant tower for the Prinos field development, located in the northern Aegean Sea, offshore Greece for Energean Oil and Gas. Image from GMC Ltd…
Ophir Equatorial Guinea awarded WorleyParsons a contract for provision of engineering and project management services for their Equatorial Guinea Block R Project, the Fortuna project. Block R map…
While the latest revisions to the terms for shallow water areas in Mexico’s first licensing round have increased the attractiveness of the production sharing agreement terms by improving the contractor’s upside potential, the benefits remain…
Subsea 7 awarded FES International a contract for the supply of fully automated diverless bend stiffener connectors (DBSCs). DBSCs are one of FES’s most successful product lines and this is the 10th fully automatic end fitting release system DBSC…
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