Hansa Heavy Lift has successfully transported two dozen reels, as well as a range of subsea equipment for the Jangkrik Complex Project, off the coast of Indonesia.
EM&I has received a master services agreement from Seadrill, which will form the basis of its long-term relationship with Seadrill, one of the largest drilling contractors in the world.
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the Edvard Grieg Southwest appraisal well 16/1-27.
The National Materials and Manufacturing Board of the National Academies of Sciences, Engineering and Medicine will conduct a workshop April 10-11 to discuss the causes of bolt material failures and possible options for reducing the risks associated with bolts in subsea oil and gas operations.
President Donald Trump is preparing to issue an executive order with the goal of giving oil companies more opportunities to drill offshore, reversing Obama-era policies that restricted the activity.
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies.
Oceaneering International has announced that it has secured a contract from Anadarko Petroleum to supply the umbilical for Anadarko’s Constellation subsea tieback in the U.S. Gulf of Mexico.
Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea.
The International Marine Contractors Association (IMCA) has issued a report about the potential impact of the Jones Act proposals published by the U.S. Customs and Border Protection agency (CBP) on Jan. 18.
Seadrill Ltd., once the crown jewel of billionaire John Fredriksen’s business empire, is now at the mercy of short-term speculators as the biggest funds avoid the offshore driller amid a struggle to avoid bankruptcy.
Well number 6,000 was registered as completed in the Norwegian Petroleum Directorate's Fact Pages in late March. This was production well 31/2-Y-21 AY2H on Troll field, in the North Sea.
Statoil and license partners have decided to use the semisubmersible rig Transocean Spitsbergen on three exploration wells in the UK, and then on a six-well production drilling campaign on the Aasta Hansteen licence in Norway.
Steel forgings are essential building blocks for subsea components, but tailor-made solutions to meet end-users’ specific requirements have caused long delivery times. A joint industry project (JIP), led by DNV GL, has now taken the next step in subsea standardization by harmonizing requirements for quality management of forgings.
INTECSEA has launched a range of low-motion (LM) floaters, which are suitable for all water depths. The LM-FPSO transforms the economics of harsh, remote offshore fields with savings of $500 million - $1.2 billion (USD) per project.
Mechanical services group EnerMech has strengthened its market positon in the Caspian region by securing contracts with major operators valued at more than £40 million.
Gazprom Neft and India’s ONGC Videsh Ltd. have used the International Arctic forum ‘Arctic: Territory of Dialogue’, currently taking place in Arkhangelsk, to announce the signing of a Memorandum of Understanding, which confirms the companies’ mutual intent in joining forces for implementation of offshore hydrocarbon production projects in Russia and elsewhere in the world.
Exxon Mobil announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.
According to a recent Wood Mackenzie report, a leaner and more cost-competitive deepwater industry is emerging from the downturn, with the most attractive projects now competing with U.S. tight oil plays.
Aker Solutions agreed to buy oil-services provider Reinertsen to build on its position as a leading maintenance and modifications supplier offshore Norway.
LUKOIL has developed a new technique to respond to oil spills in the Arctic waters.