SBM Offshore is pleased to announce FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72 hour continuous production test leading to Production Acceptance Notice (PAN). The FPSO will operate under a twenty year charter and operate contract with Petrobras S…
Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company. Slettebø joined Noreco in August 2012 and was until now Group Finance Manager of Noreco…
SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore south Vietnam (Blocks 01/97 & 02/97, Blocks 10&11.1, Block 46-CN) for a total purchase price of US$400 million…
Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday. Watchstanders at the Coast Guard 7th District command center in Miami…
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.The rig contract will cease with effect from 21 November 2014…
Offshore workers will for the first time be able to access their training records at the touch of a button wherever they are in the world thanks to a new mobile application which launched November 19. Oil and gas skills organization OPITO…
Shareholders in Danish wind turbines maker Vestas are anxiously waiting for U.S. lawmakers to decide if a crucial tax break for wind power will be extended, as a favorable decision could send its share price bouncing up by over 10%, according to analysts…
Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations…
Rowan Companies plc informed today that its monthly report of drilling rig status and contract details have been updated as of November 20, 2014. Notable events in the current report include:Rowan Louisiana: As previously indicated…
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy, reported…
As the offshore sector expands internationally and new areas of operation come on stream in hard-to-reach parts of the world, the task of obtaining quality produce and spare parts becomes ever more challenging. Distance, time zones, local customs and bureaucracy…
The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region.'We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia…
TransAtlantic and Stora Enso have signed and started the installation of the first order of a new innovative scrubber that washes out sulphur oxides from ship exhaust gases in a totally closed loop. It has taken years to find a solution that…
Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo.The most recent role in Mr Simpson’s…
Two members of Fugro’s geoconsultancy team have won international awards – one recently presented in London, UK and the second in Regina, Canada.Dr. Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG), received the David…