Offshore ///

EMGS reports prefunding for multi-client acquisition in Barents Sea

Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with a repeat customer for 3D EM data to be acquired over the Hoop area in the Barents Sea.

Mærsk Gallant drills to record depths on Norwegian shelf

With a total depth of 5,941 m, Mærsk Gallant has beaten the record for deepest well ever drilled on the Norwegian continental shelf.

Israel announces first offshore energy exploration licensing round, IHS Markit says

The Israeli Ministry of Infrastructures, Energy and Water Resources (MIEWR), the government agency responsible for overseeing all petroleum-related activities in Israel, plans to host a road show in September 2016 for promotion of the country’s first offshore energy licensing round, IHS Energy said today.

Statoil secures lifetime extension for Gullfaks B

The Norwegian Petroleum Directorate (NPD) has given the go-ahead for using the B platform on Gullfaks field in the North Sea until Jan. 1, 2036, which corresponds to the length of the production license.

Hansa Heavy Lift transports giant pipe racks for new FPSO

Hansa Heavy Lift has transported five pipe racks and three modules, weighing a total of 1,871.51 metric tonnes and measuring 24,075 m³, for a new floating production storage and offloading (FPSO) unit off the coast of Brazil.

Fram C East satellite starts production to Troll C platform

Statoil has started production from the Fram C East satellite development offshore Norway. The development is targeting recoverable resources estimated at 18.2 MMbbl of oil and 1.6 Bcm of gas.

Seadrill profit beats estimates as debt restructuring looms

Seadrill, the offshore drilling company controlled by billionaire John Fredriksen, beat earnings estimates after slashing costs while continuing talks with creditors.

West Orphan basin, offshore NL, holds 25.5 Bbbl of oil and 20.6 Tcfg, study finds

The government of Newfoundland and Labrador, Nalcor Energy and Beicip-Franlab announced Wednesday that the in place oil and gas resource potential is 25.5 Bbbl of oil and 20.6 Tcfg in the West Orphan basin located within the area of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids.

Gulf of Mexico Lease Sale 248 yields just $18 million in high bids

NEW ORLEANS, Louisiana – The U.S. Bureau of Ocean Energy Management (BOEM) said Wednesday that Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area.

RasGas delivers first LNG to FSRU Toscana offshore Italy

RasGas has shipped its first LNG cargo to the floating storage regasification unit (FSRU) Toscana, located offshore Italy.

Claxton completes well abandonment of Horne and Wren platform for Tullow

Claxton, an Acteon company, has completed its involvement in the abandonment of two wells on the Horne and Wren platform in the Southern North Sea.

Transocean Winner refloated and under tow after running aground

The Transocean Winner drilling rig that ran aground in bad weather on the Isle of Lewis nearly two weeks ago has been successfully refloated and stabilized, and is now under tow to safer waters.

Packers Plus optimizes offshore multi-stage completion for Dubai Petroleum Establishment

Packers Plus Energy Services Inc. has announced that it has recently worked with operator Dubai Petroleum Establishment to install and successfully stimulate an offshore carbonate reservoir using an open hole multi-stage ball-drop system.

Statoil eyes drilling as it takes over operatorship of UK license P.2170

Statoil has signed a Sales and Purchase Agreement with Jersey Oil and Gas and CIECO Exploration and Production (UK) Limited to acquire 70% ownership and operatorship of the P.2170 license on the UK Continental Shelf (UKCS).

Maersk Supply Service sells two vessels

Maersk Supply Service has sold two vessels, Maersk Puncher and Maersk Provider, as part of the company’s recently announced divestment plans.

ONS 2016: The leading energy meeting place

Why is ONS considered one of the world’s most important energy meeting places? Key players of the industry gives you the answers!

Cathelco to supply MGPS for Lamprell’s latest jackup

Cathelco will be providing a marine growth prevention system (MGPS) for the latest in a series of jackup rigs to be built by Lamprell, the UAE-based provider of fabrication, engineering and contracting services to the offshore and onshore oil & gas and renewable energy industries.

GE to support ONGC’s exploratory campaign offshore India

GE Oil & Gas has been awarded a multi-million-dollar Frame Agreement by Oil and Natural Gas Corporation Limited (ONGC), India’s largest E&P company. Under the agreement, GE will provide an estimated 55 subsea wellheads (SG5) over next three years for the operator’s offshore drilling campaign, in shallow to medium waters offshore India.

The transition starts at ONS 2016

The ONS Conference is a world-leading oil, gas and energy forum, and gives delegates a sneak peek into the future of the energy world. At ONS 2016, we will lay the foundation for a successful transition to the new market situation—through debates, discussions, and insights from prominent speakers.

Can the industry finally say goodbye to nonshearable tubulars across the BOP?

BOP shearing technology just made a giant leap forward. The percentage of nonshearables crossing the BOP can now be reduced from an estimated 10% to about 2%, thus reducing safety and environmental risk and furthering the industry’s ability to comply with upcoming Bureau of Safety and Environmental Enforcement (BSEE) regulations.