Offshore ///

Maersk Drilling announces four-year contract with Tullow Ghana

Maersk Drilling has been awarded a four year contract for the deepwater drillship Maersk Venturer by Tullow Ghana Ltd.

Tiger Rentals acquires Production Management Industries

Tiger Rentals Group, LLC, a global oilfield and industrial equipment rental and services company, has completed the acquisition of the equity of Production Management Industries (PMI) from Superior Energy Services.

Premier Oil reports first oil from Catcher Area

Premier Oil has announced that first oil from the Catcher Area was safely achieved at 15.45 hours on Dec. 23, 2017.

North Sea Forties pipeline system fully operational, Ineos says

The North Sea’s Forties Pipeline System -- one of the world’s most important crude oil conduits -- is fully back in business after being shut earlier this month due to the discovery of a hairline crack.

BSEE proposes revisions to production safety systems regulations

In response to a Presidential Order to reduce undue burden on industry, the Bureau of Safety and Environmental Enforcement (BSEE) completed a comprehensive review of the Production Safety Systems regulations.

BSEE oversees spudding of new oil well in Arctic

New oil exploration in Arctic federal waters is underway this week with the spudding of a new oil well from an existing man-made island in the Beaufort Sea.

Premier's new oil field offers relief after UK pipe halt

A new UK North Sea oil field came online last week, offering one of the country’s largest independent operators some relief from a pipeline halt that forced a significant portion of the region’s output to stop.

Top Indian oil explorer to buy—not drill—its way to output goal

India’s biggest oil explorer plans to snatch up producing assets to reach its goal of raising overseas output by more than half in about three years, a faster route than drilling for new reserves.

New survey shows ​huge increase in recoverable energy resources in Alaska

U.S. Secretary of the Interior Ryan Zinke ​released an updated resource assessment​ for​ the National Petroleum Reserve in Alaska (NPR-A), the Western Beaufort Sea, adjacent State and Native lands, and State waters​,​​ which estimates the mean undiscovered, technically recoverable resources both on and offshore to include 17.6 Bbbl of oil and more than 50 Tcf of gas.

Apache announces restart of production at Forties field

Apache North Sea confirms that production from the company's Forties field has been restarted as of Dec. 23, 2017, following the completion of unscheduled maintenance of an onshore section of the Forties Pipeline System, which is owned and operated by a third party, INEOS.

McDermott awarded EPCC contract for Tyra redevelopment

McDermott International, Inc., today announced a substantial contract award from Mærsk Olie og Gas A/S (Maersk Oil) for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located offshore in the Danish sector of the North Sea.

Hess completes sale of interests in Norway

Hess Corporation announced today that it has completed the previously announced sale of its subsidiary Hess Norge, which owns interests in Valhall and Hod fields in Norway, to Aker BP ASA for total proceeds of $2 billion, effective Jan. 1, 2017.

Wärtsilä’s energy storage solution for North Sea Giant reduces costs, emissions

The technology group Wärtsilä has agreed to retrofit the world’s first energy storage solution on board a large offshore supply vessel.

Eni's "mission impossible" points to seismic shift for major oil companies

Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than two years after finding it in August 2015.

Panama Canal Authority responds to claims of traffic demand challenges

The Panama Canal Authority has issued the following response to 'U.S. shale has a Panama Canal problem that's got no easy fix'.

TGS announces Alonso 3D multi-client project in U.S. Gulf of Mexico

TGS announces new multi-client acquisition project, Alonso 3D in the U.S. Gulf of Mexico.

Eni acquires operatorship of Evans Shoal gas field, offshore Australia

Eni has acquired the whole 32.5% interest from Shell Australia Proprietary Limited (Shell) in Evans Shoal gas field, and has become the Operator of the Retention Lease NT/RL7 located in the north Bonaparte basin, offshore Northern Australia.

Statoil submits PDO for Snorre expansion project

Statoil is today, on behalf of the Snorre Unit partners, submitting the plan for development and operation (PDO) of the Snorre expansion project to the authorities.

Rosneft spuds first ultra-deepwater exploration well in Black Sea

Rosneft has spudded the Maria-1 exploration well offshore in the Black Sea. Forecasted oil in place for Zapadno-Chernomorskaya licence area is estimated to exceed 570 million tons.

Wärtsilä announces acquisition of Trident B.V.

The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialized in underwater ship maintenance, inspection and repair services.