Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

Statoil says meets climate change goals ahead of schedule

Norwegian oil major Statoil has already achieved its 2015 target of reducing the CO2 emissions from the Norwegian ...

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Report: Statoil’s first Cat-J rig reaches Norway

Statoil’s giant Cat-J jack-up drilling rig has reportedly reached Norway after a long journey from South ...

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Petrobras, Sete pick mediator over giant rig order dispute

Petrobras, Sete pick mediator over giant rig order dispute

Brazilian oil company Petrobras and offshore drilling contractor Sete Brasil have initiated an out of court ...

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Total expands Gulf of Mexico foothold with Chevron deal

French oil major Total has said it will “capture” 7 prospects operated by Chevron in in the deepwater ...

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Plexus wins Vietnam deal with Rosneft

Oil and gas services firm Plexus has been awarded a contract for the provision POS-GRIP high pressure/high ...

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Polarcus in Asia Pacific seismic shoot

Polarcus has received a Letter of Award for a broadband 3D marine seismic project in Asia Pacific. The marine ...

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Norway's oil fund hits $1000000000000 in value

Norway’s sovereign wealth fund, popularly known as the oil fund, has this week reached a staggering value of ...

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Ireland: Providence presses on with Barryroe drilling plans

Irish oil and gas company Providence Resources has decided to push forward drilling plans of the Barryroe oil ...

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Hyperdynamics not giving up on Fatala, SAPETRO bows out

Offshore exploration company Hyperdynamics which recently failed to strike oil at its Fatala-1 well offshore ...

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Consolidation to hit offshore drilling industry (or not?)

By: David Carter Shinn Rig owners’ aversion to consolidation creates a barrier which slows progress toward ...

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DSME preparing appeal to Songa Offshore arbitration ruling

South Korea’s Daewoo Shipbuilding and Marine Engineering, DSME, is set to appeal against an arbitration ...

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Chevron ends Transocean rig contract early

U.S. oil major Chevron has decided to terminate a contract with Transocean for the Discoverer Clear Leader ...

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Wilhelmsen increases stake in NorSea Group

Global maritime industry group Wilhelmsen has increased its shareholding in Norwegian service provider to the oil ...

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Alpha Petroleum picks Awilco for Cheviot field drilling

Offshore drilling contractor Awilco Drilling has received a letter of award from UK oil firm Alpha Petroleum ...

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U.S. court gives full force to Ocean Rig's Cayman debt deal

A U.S. Bankruptcy Court has issued and order giving full force in the U.S. to Ocean Rig’s debt restructuring ...

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Statoil hires Aker Solutions to boost Troll output

Norway’s Aker Solutions won a contract from Statoil for front end engineering and design of a module that ...

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Unique, Innovo team up to expand into Middle East and Asia

Unique Group, a subsea and offshore solutions provider, has entered into a cooperation agreement with UK-based ...

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Welltec scoops Malaysia deal from Petronas

Welltec Oilfield Services has been awarded a two-year contract by Petronas Carigali Sdn. Bhd. (PCSB) for the ...

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M2 Subsea unveils new ROV test tank

ROV services provider M2 Subsea has unveiled its recently commissioned purpose-built test tank at the company’s ...

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PHOTO: 'SBM Installer' resting with Monaco's jet-set

SBM Offshore has posted an image on its social media channels on Wednesday showing the diving support and ...

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Atwood Oceanics bags 'Atwood Orca' extension in Thailand

Atwood Oceanics scores 4-month extension for jack-up in Thailand

Atwood Oceanics has agreed to a four month extension on the jackup rig Atwood Orca with Mubadala Petroleum for ...

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Mellitah extends firefighting system tender for DP4 platform

Mellitah Oil & Gas has extended an invitation for companies to apply to a tender to replace firefighting foam ...

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BP installs second Shah Deniz 2 platform

Oil major BP has installed the topsides of the production and risers (PR) platform for the Shah Deniz Stage 2 ...

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Ocean Rig in 1-for-9200 reverse share split

Offshore drilling company Ocean Rig on Wednesday announced a reverse stock split of 1-for-9200 common shares. This ...

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UK O&G production with only a decade to go?

The Scottish and UK oil industries are entering their final decade of production, a research cited by a Scottish ...

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Report: Indian oil firm makes large offshore oil discovery

Illustration

India’s ONGC has reportedly made a large oil discovery near its Mumbai High offshore oil fields, off ...

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Teekay’s Randgrid FSO reaches Gina Krog field

Teekay’s recently converted floating storage and offloading vessel Randgrid has reached its final offshore ...

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