The Bureau of Safety and Environmental Enforcement (BSEE) initiated the first ever drill designed to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico in an effort to exercise the oil and gas industry’s response to a potential subsea blo
Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply the ship designs for three new platform supply vessels (PSVs). The contracts have been signed with Kleven Maritime AS, the Norwegian shipyard that will build the vessels, two of which will be owned
Ophir Energy plc announces that the Tonel-1 (R-4) well in Block R, Equatorial Guinea, is a 800BCF (133mmboe) gas discovery. Tonel is the first in the three well Ophir operated in 2012 Block R drilling campaign in Equatorial Guinea using the “Eirik Raude” semi-submersible rig. The well spudded on 07
Rolls-Royce, the global power systems company, announced orders worth over £70 million to supply large thrusters for offshore drilling vessels. These latest orders, which include options for additional thrusters, are from a variety of customers who are expanding their drillship fleets and are driven
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of the appraisal well 16/2-13 on the north eastern part of the Johan Sverdrup discovery. The well is located 2.5 km north east of the discovery well 16/2-6 ma
Seadrill has received a commitment from a major oil company for new contracts on newbuild drillships West Auriga, West Vela and a third drilling unit currently in operation, which will be named later. The combined 3 rig package involves 19 rig years and a potential contract value of US$4 billion, in
Confirming its growing profile as a market leader in specialist offshore engineering solutions, Aquaterra Energy has successfully completed the design, supply and installation of a platform supported dewatering riser system, for Petrofac’s Kilmar platform in the Southern North Sea. Approached initia
In a key deal supporting Mexico’s exploration of its offshore energy reserves, Milbank, Tweed, Hadley & McCloy has represented an international lender group in arranging a $547 million loan for the financing of a new-generation deepwater drilling rig to be used for oil exploration in the Gulf of Mex
Two innovations from AGR are in the running for a prestigious industry award. Both the Managed Pressure Cementing system (MPC®) and (EC-Drill®) Managed Pressure Drilling system from AGR’s Enhanced Drilling Solutions division have been nominated in the ONS 2012 Innovation Awards. The ONS show will be
Helix Energy Solutions Group, Inc. reported net income of $44.6 million, or $0.42 per diluted share, for the second quarter of 2012 compared with net income of $41.3 million, or $0.39 per diluted share, for the same period in 2011, and net income of $65.7 million, or $0.62 per diluted share, in the
Talisman Energy Norge AS has received consent to use Rowan Stavanger to drill three sidetrack wells on the Varg field. The consent relates to drilling of three sidetracks in wells 15/12-A-3 B, 15/12-A-12 E and 15/12-A-1 B on the Varg field. Water depth at the site is 87 metres and the planned durati
Atlantic Offshore have ordered two new vessels, worth €50 million from Zamakona Yards in Bilbao, Spain. Atlantic Offshore is now building six new vessels, at a cost of NOK 1.6 billion. Atlantic Offshore have placed orders for two FSV vessels with bollard pull. Additionally, the company have options
Neptune Marine Services Limited announces that Mr Vincent Allegre will begin work with Neptune in August 2012 in the role of Chief Operating Officer. Mr Allegre will report to Chief Executive Officer Robin King, and is a key appointment in support of Neptune’s future growth plans. Mr Allegre has mor
Alcatel-Lucent together with the Technip Samsung Consortium (TSC) is set to provide an advanced communications system for Shell’s new Prelude ‘floating liquefied natural gas’ (FLNG) facility, the first of its kind in the world. The system will enhance the safety and efficiency of operations and prov
