Bourbon’s Rodolphe Bouchet explains how the company’s new Explorer 500 series shows its commitment to standardization, which offers time and cost savings. The PSV Bourbon Explorer 504 at sea. Photos from Bourbon…
OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…
Benchmark Brent crude plunged to a four-year low, below US$73 a barrel, yesterday (27 November) after oil cartel OPEC chose to leave its 30MMbbl/d output target unchanged at its latest meeting in Vienna. The move, led by Saudi Arabia…
Houston-based geosciences company Benthic has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation for a deepwater geotechnical investigation in the Golfinho field offshore Mozambique. Benthic’s PROD (Portable Remotely Operated Drill)…
Newly formed Circle Group has acquired Stavanger WellPartner, an equipment and services company servicing the Norwegian subsea, completion and intervention markets. The deal is Circle Group’s first acquisition and the foundation for the Well Service division…
Dutch consortium Pondera Consult and Arcadis says they have been awarded a contract by TenneT to provide an environmental impact assessment (EIA) for the first offshore grid connection in the Netherlands. TenneT TSO is responsible in…
Offshore systems supplier MacArtney UK has announced the acquisition of Ellon-based Callidus Subsea. The acquisition supports MacArtney UK’s targets to become a market leader in the design and production of cable assemblies and moldings…
Technip has won a lump sum contract with Statoil for the Gullfaks Rimfaksdalen (GRD) marine operations pipelay and subsea installation project. The project is an option to the Snøhvit CO2 Solution project awarded in 2013. The GRD project…
The director general of Norway's Petroleum Safety Authority (PSA) has said the industry's attitude to the impact of costing cutting measures on safety is 'far too passive' and warned that she expects the industry to deal with its economic challenges without affecting safety…
Petróleos Mexicanos (Pemex) installed the CA-Litoral-A production processing and compression platform in the Tsimin-Xux development project in the Bay of Campeche, Gulf of Mexico (GoM). Image from Pemex…
Helix UK awarded Damen Shiprepair Vlissingen, part of Damen Shiprepair & Conversion, a major upgrade on MSV SEAWELL, a light well intervention/dive support vessel. The SEAWELL is expected at the yard second half of December 2014. As the upgrade will be executed over the winter season…
Petroleum Geo-Services (PGS) will relocate its regional headquarters from Singapore to Kuala Lumpur, Malaysia, next July as part of the company's plan to restructure its Asia Pacific business. 'Kuala Lumpur is the hub of the vibrant…
Australia’s Karoon Gas encountered oil in five separate zones in the Kangaroo-2 appraisal well in the Santos basin, offshore Brazil. Map of the five wells located in the Santos basin. From Karoon. Kangaroo…
Woodside has entered into a contract for an exclusive Reconnaissance License (RL) with the Office National des Hydrocarbures et des Mines, the national oil company of the Kingdom of Morocco, to explore a block offshore Morocco. The block…
Concerns about agreements around decommissioning costs on the UK Continental Shelf have been added to a rising tide of warnings about the future of the North Sea oil and gas industry. The warnings, which focus on the future sustainability of the North Sea…
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