Offshore ///

Seadrill nets three-year contract extensions for two jackups

Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II.

Statoil buys $2.5-billion stake in Santos basin license from Petrobras

Statoil is to acquire Petrobras’ 66% operated interest in the BM-S-8 offshore license in Brazil’s Santos basin.

Venari Resources ups stake in deepwater Shenandoah field

Venari Resources has acquired an additional 7% working interest in Shenandoah field on Walker Ridge Blocks 51, 52 and 53. The company also reported successful results from the Shenandoah #5 appraisal well.

Shell reports new deepwater discovery in U.S. Gulf of Mexico

Shell has made a new discovery in the deepwater U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 MMboe.

Bibby Offshore wins multi-million-dollar North Sea contract

Bibby Offshore has secured a multi-million-dollar contract with an independent UK-based E&P company, to provide air diving, and ROV inspection and construction services across five of its North Sea assets.

UK opens up frontier acreage in new licensing round

The Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1,200 blocks on offer to support the OGA’s objective of maximizing economic recovery (MER) from the UK Continental Shelf (UKCS).

Hess slumps as driller cuts production outlook on Gulf woes

Hess Corp. slid to the lowest in more than three months after the oil and gas producer trimmed its output estimate for the year by as much a 10% following disruptions in two Gulf of Mexico fields.

Claxton awarded Statoil decommissioning contract for Huldra wells

Claxton, an Acteon company, has been awarded a contract with Statoil to provide ‘rigless recovery’ of seven abandoned wells on the Huldra platform on the Norwegian Continental Shelf.

Technip wins subsea contract for Woodside’s Greater Enfield development

Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project offshore Western Australia.

Tullow to pump first oil from Ghana’s TEN field early August

LONDON (Bloomberg) -- Tullow Oil said a new project off Ghana will produce its first crude early next month as the African-focused explorer reported its first profit in three years.

McDermott, N-KOM enter exclusive cooperation agreement in Qatar

McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have announced a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters.

Well Control Rule set to take effect this week

With many of the Well Control Rule provisions set to take effect in less than a week, on July 28, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today reminded his senior staff to provide timely responses to any questions the agency receives.

Deep Down nets orders valued at over $3 million

Deep Down, an oilfield services company specializing in deepwater and ultra-deepwater oil production distribution system support services, has received orders for flying leads and umbilical accessories, valued at over $3 million, directly from two major operators.

Oceaneering acquires Meridian Ocean Services

Oceaneering International, Inc. completed its acquisition of Meridian Ocean Services.

Large deposits of potentially producible gas hydrate found in Indian Ocean

The USGS has assisted the government of India in the discovery of large, highly enriched accumulations of natural gas hydrate in the Bay of Bengal. This is the first discovery of its kind in the Indian Ocean that has the potential to be producible.

Golar, Schlumberger target stranded gas with new joint venture

Golar LNG Limited and Schlumberger have announced the creation of OneLNG, a joint venture to rapidly develop low cost gas reserves to LNG.

Forum unveils new syntactic foam manufacturing plant near Houston

Forum Energy Technologies has expanded its specialist syntactic foam manufacturing capabilities with the opening of a new plant near Houston.

BOEM to broadcast next month’s Gulf of Mexico lease sale online

BOEM Director Abigail Ross Hopper announced Friday that the bureau will offer 23.8 million acres offshore Texas for oil and gas exploration and development in a milestone lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.

Noble Energy starts production at Gunflint in deepwater Gulf of Mexico

Noble Energy has started production at the company's Gunflint oil development in the deepwater Gulf of Mexico.

2H Offshore appoints new managing director

2H Offshore, an Acteon company, has announced the appointment of Yann Helle as managing director.