Browse the latest offshore & subsea news and articles.
Yesterday’s announced sanction of Eni’s Mozambican Coral South FLNG project moves yet another development off Rystad Energy’s delayed FIDs tracker. So far, more delayed projects have been sanctioned to date in 2017 than during the entirety of 2016.
Transocean Ltd. has announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited for a total consideration of approximately US$1.35 billion.
Trelleborg’s offshore operation recently developed a new Standardized Buoyancy Module system to reduce lead times for customers. The ‘off the shelf’ solution offers a viable alternative to custom options for some projects.
Claxton, has deployed its new WellRaizer modular conductor recovery system to support the rigless recovery of seven abandoned wells on the Norwegian Continental Shelf.
In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups.
Bibby Offshore, a subsea services provider to the oil and gas industry, has been awarded a significant contract with TAQA for subsea construction works in the Eider field, located 184 km north-east of Shetland.
Alessio Lombardi, Global Maritime, explains how asset integrity management should address quality at every stage of the asset life cycle, from the design of new facilities to maintenance management and decommissioning.
Pedro Parente, CEO of Petrobras and Robin Watson, chief executive of Wood Group are to speak at the opening plenary session at SPE Offshore Europe 2017 which is being held in Aberdeen from 5 - 8 September 2017.
Faroe Petroleum has announced the commencement of the Faroe-operated Brasse appraisal well 31/7-2S in the Norwegian North Sea (Faroe 50%).
Sub-zero temperatures in the deep waters of the North Atlantic would significantly hamper the ability of oil-eating bacteria to help the ocean recover from a major oil spill, according to new research by the University of Aberdeen.
With both projects already underway, the first onboard the Ocean Valiant will run until March 2018, whilst the second project on the Maersk Gallant jack-up rig is due to be completed in July 2017.
Following on from the recently announced 2017 2D seismic campaign and the Cape Broyle 3D, the joint venture is now ramping up its 3D seismic acquisition in Newfoundland Labrador with these additional projects, reflecting high customer interest in this region.