All Offshore Articles

National Oilwell Varco acquires Enerflow Industries

05/25/2012

National Oilwell Varco has completed the purchase of Enerflow Industries Inc.

Fred. Olsen contracts Hyundai to build ultra-deepwater rig

05/25/2012

A subsidiary of Fred. Olsen Energy has agreed to a turnkey contract for Hyundai Heavy Industries to construct a harsh environment ultra-deepwater drilling rig.

Petronas commissions Malaysia platform upgrade

05/25/2012

Petronas has awarded Petrofac Facilities Management Asia Pacific a $220-million contract to refurbish the Bekok-C platform.

Prospects brighter for nearshore Italy gas field project

05/25/2012

Eni could push forward development plans for a cluster of small gas fields in the northern Adriatic Sea off eastern Italy, according to Mediterranean Oil & Gas (MOG).

GSP rig signed up for Romanian offshore workover

05/25/2012

OMV Petrom has contracted GSP Offshore’s drilling rig GSP Prometeu for light workover operations in the Romanian sector of the Black Sea.

North Sea Tor safety warning withdrawn

05/25/2012

Petroleum Safety Authority (PSA) Norway has decided not to issue a shutdown order for ConocoPhillips’ Tor complex in the North Sea.

Pacific Scirocco receives two-year contract extension

05/25/2012

Pacific Drilling S.A. (NYSE: PACD) announced that a subsidiary of Total S.A. (NYSE: TOT; Paris: FP FP) has elected to extend the initial contract term for the Pacific Scirocco from one to two years.

Bergen Group awarded Alvheim subsea manifold

05/25/2012

Subsea 7 (Oslo Børs:SUBC) has awarded Bergen Group Rosenberg an engineering, procurement, and construction (EPC) contract for Marathon’s Alvheim area development in the Norwegian North Sea.

DoI calls for live GoM test of emergency containment equipment

05/25/2012

US Secretary of the Interior Ken Salazar has called for the Marine Well Containment Co. to conduct a live drill in the Gulf of Mexico using its critical well control equipment.

Nautronix to supply DP-3 system for ultra-deepwater drillship

05/25/2012

Noble Drilling has contracted Nautronix to supply the acoustic positioning system for a newbuild ultra-deepwater drillship.

CNOOC makes oil discovery in Liaodong Bay

05/25/2012

CNOOC Ltd. (NYSE:CEO;SEHK:00883) reports a discovery at Luda (LD) 21-2 well offshore China.

Philippines extends permit to allow time for ultra deepwater drill rig charter

05/25/2012

The Philippines Department of Energy has extended for one year an existing permit for exploration Sub-Phase 4 in SC55.

Venari Resources receives $1-billion investment from private equity firms

05/24/2012

Venari Resources LLC has announced that Warburg Pincus, Kelso & Co., Temasek, and The Jordan Co. have agreed to make an investment of up to $1.125 billion in the company.

Sterling prepares Romanian offshore drilling line-up

05/24/2012

Sterling Resources expects to drill its first exploratory wells later this year in the Black Sea offshore Romania.

Partners agree timing for Norway well

05/24/2012

Rocksource and the PL 506S, BS, and CS partnership in the Norwegian North Sea have committed to drill an exploration well during the first half of 2013.

Technical issues halt North Sea Timon drilling

05/24/2012

Awilco Drilling has suspended drilling operations on the Timon exploration well in the UK northern North Sea.

Plant modifications slow progress on UK Breagh gas project

05/24/2012

RWE Dea’s Breagh gas development in the UK southern North Sea will likely incur cost and schedule overruns, according to partner Sterling Resources.

Faroe debuts as Norway drilling operator

05/24/2012

The jackup Maersk Guardian has spudded the Clapton prospect exploration well in the southern Norwegian North Sea for Faroe Petroleum.

Irish Barryroe well analysis suggests strong flow rates

05/24/2012

Providence has completed further analysis of data from its recent Barryroe 48/24-10z appraisal well offshore southern Ireland.

Spanish yard completes latest North Star rescue vessel

05/24/2012

Balenciaga Shipyard in northern Spain has launched the last of four new D class emergency response and rescue vessels (ERRVs) commissioned by Craig Group.