Premier Oil’s Isobel Deep exploration well offshore the Falkland Islands has been temporarily suspended, Falkland Oil and Gas Limited, a partner in the well, reports.
Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40% plunge in first-quarter sales.
Independent energy consultancy ADIL has refocused its specialist brownfield project management team to help operators drive improved efficiency in this challenging sector of the North Sea oil and gas industry.
KrisEnergy has started drilling the Rayrai-1 exploration well in Block G10/48 in the Gulf of Thailand, with the Key Gibraltar jackup rig, where the company is currently developing Wassana oil field.
Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum's Pelotas multiclient program.
Cameron has introduced its new LETOURNEAU Jaguar Class self-elevating mobile offshore drilling unit.
Fugro has set a new seafloor drill water depth record of 2,923 m while completing a combined sampling and piezocone penetration testing (PCPT) borehole to 62 m below the seafloor.
Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola.
HOUSTON -- OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development, offshore Egypt.
BP has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for $486 million.
Douglas-Westwood are forecasting a 12% decline in offshore maintenance, modifications and operations (MMO) expenditure compared to 2014, when spend on services for the world’s 8,061 offshore platforms totaled $95 billion.
InterMoor Inc., an Acteon company and part of its foundations and moorings business, finished replacing critical components in an FPU mooring system offshore Equatorial Guinea on schedule, enabling the prime contractor, Boskalis, to expand the InterMoor work scope.
CNOOC has commenced production at the Kenli 10-1 oilfield in the Bohai Sea, the company said Thursday.
The Offshore Technology Conference, which takes place 4–7 May in Houston, and United Against Human Trafficking (UAHT) have announced a partnership to increase awareness of human trafficking.
Sembawang Shipyard, a wholly owned subsidiary of Sembcorp Marine, has secured a floating storage and offloading (FSO) conversion contract from Teekay, worth about $42 million, for Gina Krog field in the North Sea.
OSLO, Norway -- Norway’s Ministry of Petroleum and Energy has announced this year’s licensing round for the geologically well know areas on the Norwegian Continental Shelf—Awards in Predefined Areas (APA) 2015.
Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea.
Senator Bob Menendez (D-NJ) and Congressman Frank Pallone (D NJ-06) announced Monday, on the five-year anniversary of the Deepwater Horizon oil spill, that they will introduce a bill to ban offshore drilling in the Atlantic Ocean.
Global oil and gas service company AGR has announced the award of a well engineering and operational support services contract with DEA Norge.
The Kirill Lavrov tanker has delivered a new batch of ARCO Arctic oil to Europe in its sixth shipment of oil, Gazprom Neft announced Friday. More than 2.9 MMbbl of oil have been extracted from Prirazlomnoye oil field since production began.