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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipmentProject & Tenders
DeepOcean scoops riser installation work from Statoil
Exploration & Production

DeepOcean scoops riser installation work from Statoil

DeepOcean AS, a subsidiary of DeepOcean Group Holding BV, has been awarded the Riser Installation contract for the Kristin and Heidrun platforms, located in the Norwegian Sea, by Statoil. The modification of these platforms is required in preparation of a possible tie-back from the near-by Maria-dev

about 11 years ago
New contract for drilling rig in Azerbaijan, Maersk Drilling tweets
Exploration & Production

New contract for drilling rig in Azerbaijan, Maersk Drilling tweets

Danish drilling contractor Maersk Drilling has won a contract extension for one of its offshore drilling rigs. According to a tweet from the company’s official Twitter account, the semi-submersible drilling rig Heydar Aliyev has received a 160 day contract extension from BP. The rig is being used by

about 11 years ago
SBM Offshore denies reports of bribery case settlement in Brazil
Exploration & Production

SBM Offshore denies reports of bribery case settlement in Brazil

SBM Offshore, the world’s largest provider of FPSO units, entangled in a bribery case investigation with Petrobras in Brazil, has denied media reports claiming the company has reached a settlement with the country’s authorities. The company was referring to a report by Folha de Sao Paulo newspaper,

about 11 years ago
Brian Chang resigns from Bergen Group BoD
Exploration & Production

Brian Chang resigns from Bergen Group BoD

Brian Chang, known as a founder of a China-based rig builder Yantai CIMC Raffles Offshore Ltd., has resigned from the board of directors of the Norway-based Bergen Group. In an Oslo Bors filing today, Bergen Group, a Norwegian supplier of products, services and solutions to the offshore and maritime

about 11 years ago
Energean names tender rig Energean Force (Greece)
Exploration & Production

Energean names tender rig Energean Force (Greece)

Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, has announced that the inauguration ceremony for its new rig named “Energean Force” took place at the Perama Shipyards, in Piraeus, Greece on April 2, 2015. The rig, Ener

about 11 years ago
Popular news, Mar 30 – Apr 5, 2015
Exploration & Production

Popular news, Mar 30 – Apr 5, 2015

A story about a fire outbreak on an offshore oil platform in Mexico was by far the most read article this past week on Offshore Energy Today.

about 11 years ago
U.S. Offshore rig count at its lowest since May 2011
Exploration & Production

U.S. Offshore rig count at its lowest since May 2011

Baker Hughes Incorporated has posted Weekly Rig Count earlier than usual, on Thursday, April 2, 2015, due to the Good Friday holiday. The number of active offshore rigs in the U.S. has fallen further. To be counted as active a rig must be on location and be drilling. A rig is considered active from

about 11 years ago
Transocean’s rig scrapping tally hits 18
Exploration & Production

Transocean’s rig scrapping tally hits 18

Transocean Ltd. has announced that it intends to scrap two more rigs. The company intends to dispose of a midwater floater GSF Aleutian Key and high specification, deepwater, semi-submersible rig Sedco 707. According to Transocean, these rigs are classified as held for sale. Offshore Energy Today pr

about 11 years ago
Lime Norway boosts interest in offshore licence
Exploration & Production

Lime Norway boosts interest in offshore licence

Hibiscus Petroleum’s jointly-controlled entity, Lime Norway, has executed an agreement with Skagen44 to acquire an additional 10% interest in PL616, located in the North Sea. The transfer of this additional stake is subject to regulatory approval, and upon completion, will increase Lime Norway’s int

about 11 years ago
SPE Aberdeen names new chairman
Exploration & Production

SPE Aberdeen names new chairman

The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Shankar Bhukya as its new chairman, taking over from Ross Lowdon who has stepped down due to re-location to Houston. Beginning his career as regional applications engineer at Smith Services in Aberdeen, Bhukya has more than eigh

about 11 years ago
Maersk Oil: Production starts from new Tyra platform
Exploration & Production

Maersk Oil: Production starts from new Tyra platform

Maersk Oil has informed that production has started from the new unmanned platform Tyra Southeast-B, located in the Danish North Sea. According to Maersk, the platform is expected to add reserves of 50 million barrels of oil equivalent (BOE) over the next 30 years to Danish production. “The Tyra Sou

about 11 years ago
A day in history: This rig gave birth to Norwegian oil industry
Exploration & Production

A day in history: This rig gave birth to Norwegian oil industry

Norway is today Europe’s largest oil producer and exporter. However, it has not always been like that. According to the Norsk Olje & Gass, in a letter of February 1958 to the Ministry of Foreign Affairs, the Norwegian Geological Survey wrote the following:”The chances of finding coal, oil or sulphur

about 11 years ago
BP terminates drilling rig contract with Seadrill Partners
Exploration & Production

BP terminates drilling rig contract with Seadrill Partners

British oil giant BP has terminated a contract for the West Sirius semi-submersible drilling rig, owned by Seadrill Partners. In a statement issued today, Seadrill said the termination would become effective by early May 2015, following the rig completing the current well and demobilization. The rig

about 11 years ago
Eni/Kogas drill dry well offshore Cyprus
Exploration & Production

Eni/Kogas drill dry well offshore Cyprus

Cyprus’ latest offshore well searching for natural gas has come up dry. According to the island country’s energy ministry, a consortium between Italy’s Eni and South Korea’s Kogas failed to discover exploitable hydrocarbons during their drilling effort at the Amathusa well. In a statement issued Thu

about 11 years ago
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