SPD Ltd., part of the Petrofac Group, has secured a contract from Zennor Petroleum to provide well design and well construction management services, to support the Finlaggan appraisal well, which is in the Central Sector of the North Sea.
President Obama’s fiscal year (FY) 2017 budget request for the Bureau of Safety and Environmental Enforcement (BSEE) is $204.87 million, a $196,000 increase above the FY 2016 enacted level, and includes $96.34 million in current appropriations and $108.53 million in revenue from rental receipts, cost recoveries, and inspection fees.
Magseis has, together with its partner BGP, been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea.
HARKAND has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilizing the Harkand Da Vinci diving support vessel (DSV) and the company's new hyperbaric rescue facility (HRF) in the Caribbean.
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field, Norway's largest oil find in three decades.
Maersk Training has launched a new offshore crane operator program. It is designed to grant crane operators and their companies access to offshore lifting operations worldwide.
LONDON -- Companies in the UK oil and gas industry are increasingly pessimistic about their business prospects, according to Oil & Gas UK’s Q4 2015 Business Sentiment Index.
Aibel has been assigned an important study for Statoil’s Johan Sverdrup development. The Stavanger-based company is one of those working on a C study for the second phase of the field's development.
ABERDEEN, United Kingdom -- Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea.
General Electric Co. is expanding its focus on offshore drilling rig safety with a new business that will take over handling of massive underwater equipment designed to prevent well blowouts and oil spills.
Subsea services company Acteon has launched a new service offering to directly address the demands and changing conditions of the global oil and gas industry.
Diamond Offshore Drilling and GE Oil & Gas have announced the offshore drilling industry's first-of-its-kind contractual service agreement (CSA) that transfers full accountability for BOP performance to GE Oil & Gas.
Total has started production from the Laggan and Tormore gas and condensate fields, located in 600 m of water in the West of Shetland area. The fields will produce 90,000 boed.
BHP Billiton Petroleum has awarded Fugro a contract for the Pyrenees phase 3 installation project.
Unite, Britain’s biggest offshore oil trade union, has warned the UK government that billion-pound losses announced this week by oil industry supermajors could, without serious interventions, bring an end to meaningful production in the North Sea within years.
As most of the battered oil industry looks ahead to 2017 for a solid recovery, signs are emerging that the downturn pain could last even longer for owners of the floating rigs that drill in water more than two miles deep.
Halliburton has announced the release of the Dash 3-in. Subsea Safety System, a complete solution for electrohydraulic control of Halliburton's subsea safety tree.
Bibby Offshore has developed an innovative vessel share option for clients, which has the potential to provide the subsea industry with significant savings through encouraging collaboration, cost-efficiencies, as well as providing increased productivity.
Swiber Holdings Limited has completed a multi-million dollar platform and subsea pipeline installation project in South America. The platform is considered to be the world’s southernmost platform project.
CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015.