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Plexus signs agreement to explore use of shallow water subsea systems in China
07 July, 2015
Plexus has signed an agreement with China Oilfield Services (COSL), Red Sea Technologies (RST), and Yantai Jereh Oilfield Services Group for shallow water subsea and crossover wellhead...
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Repsol begins first gas production at Perla offshore field
Tuesday, July 07, 2015 Repsol has started the first gas production at the Perla offshore field in Latin America....

Aptomar to provide CTO service to support Titan field operations
Tuesday, July 07, 2015 Aptomar is set to deliver its Clean To Operate (CTO) service to support drilling activities of DEA Norge on the Titan field in Norway to find any oil spill signs during its operations....

Oil prices rise following biggest drop in three months
Tuesday, July 07, 2015 Oil prices have increased after witnessing the biggest single-day drop in the last quarter, due to Greece's debt crisis and stock market weakness in China....

Det norske oljeselskap drills appraisal wells in North Sea’s Ivar Aasen field
Monday, July 06, 2015 Norwegian company Det norske oljeselskap has completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B in the Ivar Aasen field in the central part of the North Sea....

Statoil installs subsea wet gas compressor at Gullfaks C platform in North Sea
Monday, July 06, 2015 Statoil has installed the first subsea wet gas compressor at the Gullfaks C oil and gas field in the Norwegian sector of the North Sea....

Subsea 7 secures pipeline repair contracts from Chevron and Inpex
Monday, July 06, 2015 Chevron Australia and Inpex Operations Australia have selected Subsea 7 to provide engineering, procurement and construction services for an emergency pipeline repair system (EPRS) for use...

Oil prices dip as Greece rejects bailout terms
Monday, July 06, 2015 Oil prices have fallen following a rejection of the terms of an international bailout by Greece and stock market turmoil in China....

BP settles 2010 Deepwater Horizon oil spill claims with $18.7bn payments
Friday, July 03, 2015 BP Exploration and Production (BPXP), the US upstream subsidiary of BP has agreed to pay $18.7bn to settle the claims regarding the 2010 Deepwater Horizon oil spill incident that killed 11...

RigNet to deliver remote offshore communications services to Southeast Asian company
Friday, July 03, 2015 US-based RigNet has been selected to deliver remote offshore communications services to an unnamed Southeast Asian offshore drilling and production assets...

Shell announces final investment decision to advance Appomattox Platform in Gulf of Mexico
Thursday, July 02, 2015 Royal Dutch Shell is set to advance the Appomattox deepwater development in the Gulf of Mexico after announcing the final investment decision (FID)....

FEED work to begin on $40bn Browse LNG Project off Australian coast
Thursday, July 02, 2015 Browse Joint Venture (JV) is to start front-end engineering and design (FEED) for the Browse floating LNG Project off the Kimberley coast in Australia....

Oil prices remain steady on Thursday after steep fall
Thursday, July 02, 2015 Oil prices rose slightly on Thursday after suffering losses due to larger than expected build up of inventories in the...

Israel proposes new offshore guidelines to let Noble and Delek control Leviathan field
Thursday, July 02, 2015 Israel has proposed a new plan that will involve the US-based Noble Energy and Israel's Delek Group keeping control of the Leviathan offshore project....

Oil prices fall due to Greece loan default
Wednesday, July 01, 2015 Oil prices have fallen below $63 a barrel following news that Greece has failed to make a loan repayment to the International Monetary Fund (IMF), leading to a gain in dollar value....

Husky Energy begins oil production from South White Rose project in Jeanne d'Arc Basin
Wednesday, July 01, 2015 Canada-based Husky Energy has started oil production from the South White Rose project in the Jeanne d'Arc Basin offshore Newfoundland and Labrador....

Technip to provide topsides engineering and procurement services for Libra field FPSO
Wednesday, July 01, 2015 Jurong Shipyard has selected French oilfield services provider Technip to provide topsides detailed engineering and procurement services for a floating, production, storage and offloading...

Texas to fund two centres to research impact of the Deepwater Horizon disaster on Gulf Coast
Wednesday, July 01, 2015 The US state of Texas has received a payout from the RESTORE Trust Fund through a federal award for two centres of excellence as part of legislation to compensate for the 2010 Deepwater Horizon...

UK criticises Argentina’s plan to seize offshore oil assets in Falklands Islands
Tuesday, June 30, 2015 The UK has criticised Argentina's plan to seize offshore assets of six oil companies from Europe and the US operating around the Falklands Islands....

Shandong Offshore agrees to acquire Northern Offshore
Tuesday, June 30, 2015 Shandong Offshore International has agreed to acquire Northern Offshore (NOF) for Nkr1.3bn ($164m)....

Steel cutting starts for Johan Sverdrup riser platform in Norway
Tuesday, June 30, 2015 Statoil has started steel cutting for a riser platform jacket to be used in the drilling of Johan Sverdrup project in Norway....


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