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Offshore & Marine

On 14 October the Oseberg Vestflanken 2 field in the North Sea came on stream. Remote-operated from the Oseberg field centre, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. more

Offshore & Marine

The giant development in the North Sea has been through the busiest installation campaign ever for a field in the North Sea. more

Power Generation

Two of the leading offshore drilling contractors have agreed to merge creating an industry-leading drilling contractor capable of working across all water depths with a truly global footprint. more

M&A/Investment

Ensco plc and Rowan Companies plc have entered into a definitive transaction agreement under which Rowan will combine with Ensco in an all-stock transaction. more

M&A/Investment

BP announced today that approval has been received from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which will target 30 million barrels of oil equivalent... more

Offshore & Marine

Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil. more

Offshore & Marine

Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. more

Offshore & Marine

Transocean rig

Reuters

Offshore oil driller Transocean Ltd said on Tuesday it would buy peer Ocean Rig UDW Inc in a $2.7 billion cash-and-stock deal. more

Upstream

BP announced today that it has successfully deployed Plant Operations Advisor (POA), a cloud-based advanced analytics solution developed with Baker Hughes, a GE company, across all four of its operated production platforms in the deepwater Gulf of Me more

Offshore & Marine

McDermott-Greater-Western-Flank-Project

Hand-out McDermott International, Inc.

McDermott International, Inc. announced today it has successfully completed the contract for phase two of the Greater Western Flank project. The contract was awarded by Woodside Energy Ltd in January 2016. more

Offshore & Marine

Stork will provide onshore support and technical expertise in disciplines such as inspection, electrical and mechanical, as well as offshore leadership positions. more

Upstream

ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development. more

Upstream

Trinidad and Tobago’s Petrotrin beginning in October will halt refining operations due to recurring losses from costly crude imports over the last five years. more

Refining/Petrochemical

Italian oil major expects to invest $1.795 billion(1.37 billion pounds) in three offshore Mexican oil fields by 2040, according to a development plan approved by Mexico’s oil regulator on Tuesday. more

Offshore & Marine

The U.S. port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record. more

Offshore & Marine

August also heralds the peak of the Atlantic hurricane season, with mid-August to mid-September historically experiencing the most active storm development, and a renewed call for all of us along the Gulf Coast to be vigilant and prepared. more

Offshore & Marine

At first glance, it would be difficult to view a region with just 27 jackups and only 12 of those contracted as warranting any special attention. However, a deeper dive into the numbers shows that the US Gulf of Mexico (GOM) jackup market has... more

Upstream

Shell Offshore Inc. has made a large deepwater exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico...Oil production in the Permian Basin, already a major force in global supply growth, will rise nearly 3 million bpd... more

Upstream

McDermott International, Inc. announced today a contract from Shell Exploration and Production Company Inc., a subsidiary of Royal Dutch Shell (Shell) plc, for subsea umbilical and flowline installation at the Perdido development, located 230 miles.. more

Upstream

Kosmos Energy announced that the company has entered into an agreement to acquire Deep Gulf Energy, a leading deepwater company operating in the Gulf of Mexico. more

Upstream

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