Despite surging production from U.S. shale plays, the scale of long-term production remains uncertain, leading to the question of where will be the next major play? Attention is being focused on Arctic Alaska, where reserves are waiting to be exploited, Douglas-Westwood (DW), an energy intelligence
Between 14 and 27 March 2015, the Petroleum Safety Authority Norway carried out an audit of Gassco and the removal of the B11 platform located in the North Sea. This platform stands in the German sector of the North Sea and is connected to the Norpipe gas pipeline, which runs from Ekofisk in the Nor
Karsten Moholt AS, a specialist in electro-mechanical machinery that serves energy, offshore, shipping and subsea businesses, has been awarded a framework agreement from Songa Offshore. The agreement is for inspection, monitoring, service and repair of rotating electrical equipment on all of Songa O
Norway’s Apply Leirvik has signed a contract for an EPC (Engineering, Procurement and Construction) delivery of the Johan Sverdrup Accommodation module. The company says that with a value of around NOK 2 billion ($252.1 million), this is its largest contract ever. The Accommodation module is part of
Shell has extended a contract for a Prosafe-owned offshore accommodation rig in the Philippines. According to the Prosafe, one of the world’s largest suppliers of offshore accommodation rigs, also know as flotels, Shell has decided to award a one month extension for the Safe Astoria unit at the Mala
Panoro Energy ASA, a London-based oil and gas E&P company focused on West Africa, has entered into a rig contract with Saipem for the Scarabeo 3 drilling rig to carry out the drilling and completion programme for the Aje Field Cenomanian oil development, offshore Nigeria. Panoro is the operator of t
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (UKCS) region of the North Sea, informed that operations have started on the Niobe (Licence P.1889, Blocks 12/26b & 27) exploration prospect in the North Sea. According to Trapoil,
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U. S. offshore rig count is down. BHI Rig Count: U.S. -7 to 868 rigs U.S. Rig Count is down 7 rigs from last week to 868, with oil rigs down 4 to 642, gas rigs down […]
Statoil has received notification of order from the Petroleum Safety Authority (PSA) Norway following audits at Oseberg B and Gullfaks C, both located in the Norwegian North Sea. A notification of order is a step in the PSA’s case processing in which the regulator requests the party to assess the fa
McDermott International, Inc. has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EPCI) and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation. According to the press release, the value
Paragon Offshore plc, a provider of offshore drilling rigs to the oil and gas industry, announced that its subsidiaries, which were part of the company’s acquisition of Prospector Offshore Drilling S.A., have entered into a combined $300 million sale-leaseback financing facility with subsidiaries of
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 33/2-2 S, offshore Norway. The well is being plugged and abandoned as an uncommercial oil discovery. The well investigated the hydrocarbon potential of the Morkel prospect in PL579,
Twelve groups have announced their intent to bring a new challenge to a Lease Sale which sold nearly 30 million acres of the Chukchi Sea’s outer continental shelf for oil and gas drilling and which the courts have twice sent back to the U. S. Department of Interior. To remind, Shell plans to spend a
After Hercules Offshore yesterday said that Saudi Aramco would slash the dayrates for three Hercules Offshore’s jack-up rigs, the company’s has issued a separate statement providing more details. The Saudi Arabian oil company yesterday withdrew its previously issued contract termination for Hercules
