Deepwater ///

M2 Subsea secures contract with Premier Oil

Global independent provider of ROV services, M2 Subsea, has secured a contract to provide inspection services for Premier Oil’s Balmoral Floating Production Vessel (FPV).

SGS and BHGE launch cooperation on predictive corrosion management

SGS and Baker Hughes, a GE company have announced a strategic alliance agreement (SAA) for the joint deployment and commercialization of BHGE’s real-time software and sensor-based predictive corrosion management (PCM) solution.

Fairfield Geotechnologies successfully completes Gulf of Mexico ocean bottom node survey

Fairfield Geotechnologies announces the successful completion in May 2018 of the Stampede deepwater ocean bottom node survey, located in the Green Canyon area of the Gulf of Mexico.

Tidewater Inc., GulfMark Offshore announce $1.25-billion merger

Tidewater Inc. and GulfMark Offshore, Inc., have announced that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies.

Maersk Supply Service completes tow of semi-submersible

Maersk Supply Service has successfully completed the tow of a semisubmersible from Las Palmas to North-Western Australia. The tow was carried out by new-build Anchor Handling Tug Supply vessel Maersk Master of the Starfish series, whose energy efficient design minimized fuel costs during transit.

OGA launches 31st UKCS Offshore Licensing Round

The Oil and Gas Authority (OGA) has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UK Continental Shelf (UKCS), supported by government-funded data to stimulate interest in these under-explored basins and assist companies in their activities.

Cooler Atlantic may dash oil bulls' hopes this hurricane season

Energy and agricultural market bulls: Beware of a cooler Atlantic Ocean.

South Africa halts oil exploration permits to revamp licensing

South Africa’s Department of Mineral Resources has issued a moratorium on new applications for petroleum exploration and development in order to change its licensing process.

Maersk establishes new name for decommissioning JV

With the senior management team now in place and interest growing from potential customers, the decommissioning joint venture reaches a new milestone with the launch of its new name: Maersk Decom.

POSCO DAEWOO Corp. selects McDermott and BHGE for Myanmar development

McDermott International, Inc. and Baker Hughes, a GE company, announced the award of a contract by POSCO DAEWOO Corp. for phase two of the Shwe gas field development offshore Western Myanmar.

KCA Deutag awarded contract on two platforms in the UK North Sea with Total

Global drilling and engineering contractor KCA Deutag announces that its offshore business unit has been re-awarded a new drilling contract on the North Alwyn and Dunbar platforms by Total E & P UK Limited (“Total”).

Petrobras announces start of production at Tartaruga Verde field

Petrobras has announced the start of production at Tartaruga Verde field, in the deep waters of the Campos basin, by means of FPSO Cidade de Campos dos Goytacazes.

Eni reports discovery at Kalimba prospect, offshore Angola

Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 MMbbl of light oil in place.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

BHGE’s Unify makes the case for digital technology in O&G, saying "we can do better"

“Technology is no longer the bottleneck, it’s the enabler,” said Matthias Heilmann, president and CEO of digital solutions at BHGE, at the company’s second Unify conference, held this week in Houston.

Danos wins contract for Shell's Appomattox platform in deepwater GOM

Danos is pleased to announce that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, has awarded a contract to Danos to provide coatings for Shell’s deepwater Appomattox platform in the Gulf of Mexico.

ONGC moves 29 offshore rigs ahead of Indian monsoon season

The Oil and Natural Gas Corporation Limited (ONGC) has successfully moved 29 mobile offshore drilling rigs prior to the Indian monsoon season.

Oil rigs operating off Africa rebound to highest in two years

Oil exploration in Africa is showing signs of recovery after the number of rigs off the continent rose to the highest in almost two years, with more scheduled in coming months.

Equinor deepens position in Brazil's pre-salt region

Equinor, ExxonMobil and Petrogal Brasil presented the winning bid (75.49% profit oil) for the Uirapuru production sharing contract in the Santos basin. Petrobras exercised its right to enter the consortium and will be the operator with 30% equity.

Azinam secures deepwater drillship for Prospect S, offshore Namibia

Azinam Limited, the Seacrest Capital Group backed explorer focused on offshore Namibia, has announced that the Ocean Rig Poseidon sixth generation deepwater drillship has been contracted by the license partnership to drill one firm and one optional well, with the first well targeting Prospect S, located in Petroleum Exploration Licence (PEL) 71, offshore Namibia.