Workers at the Hibernia offshore oil platform in Canada, represented by Unifor, have voted to accept a new collective agreement with their employer. According to Unifor, the new agreement includes improvements in wages, benefits and working conditions including for temporary employees. It was accept
Triyards Holdings Limited , an offshore vessel fabrication and engineering solutions provider to the oil, gas and marine industry, has received $75.4 million worth of new liftboat orders. So far, Triyards has constructed and delivered seven liftboats since 2007. The two new orders are four-legged li
McDermott International, Inc. has announced that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd. (QMW), recently completed a fast-track compression process module fabrication subcontract for Jord Oil & Gas Systems B.V. (JOGS). JOGS is the prime contractor
Starting this month Maersk Training will enter into a global training agreement with an international offshore drilling contractor Transocean. The Danish-based Maersk Training will be responsible for administration of all and delivery of certain training for Transocean’s offshore crew for a period o
BP has received consent from the Petroleum Safety Authority (PSA) Norway to use the Valhall DP and PCP facilities beyond their original lifetimes. BP Norge AS (BP) has applied for consent to use the QP, DP and PCP facilities on the Valhall field, in the North Sea, beyond their originally scheduled l
North Energy ASA has informed that exploration drilling has started on the Tvillingen South prospect in production licence 510 in the Norwegian Sea. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well, 6406/6-4, will be drill
Swedish oil company Lundin Petroleum AB has announced its 2015 development, appraisal and exploration budget which totals $1.45 billion and represents a 31% decrease on forecast 2014 capital expenditure. The 2015 expenditure on development projects is budgeted at $980 million which represents a 30 p
Chevron Corporation today announced a significant oil discovery at the Anchor prospect in the deepwater U.S. Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. “The Anchor discovery, along with the previously announced Guadalupe discovery, are significant
Archer, a global supplier of drilling and well services, has received a thirty-day notice of early termination from Talisman Sinopec Energy UK Limited of its modular rig contract for the Archer Emerald. The effective date of termination is expected as the 29 of January 2015. The original two-year co
Lundin has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 16/1-24, in a prospect named Gemini, in the North Sea. The well is located in the production licence PL 338 in block 16/1 in the central North Sea, where Lundin Norway AS (Lundin) i
South Korea’s Hyundai Heavy Industries (HHI), one of the world’s biggest shipbuilders and an offshore facilities contractor, has Park Jong-bong, executive vice president, to senior executive vice president, and appointed him as a new COO of its Offshore & Engineering Division. Park who has taken ove
Lundin Petroleum’s subsidiary Lundin Norway has completed the drilling of wildcat well 25/10-12S, located in the North Sea. The well is dry. The well investigated the hydrocarbon potential of the Kopervik prospect in PL625, which is located 175 km west of Haugesund on the Norwegian west coast and ap
Karoon Gas Australia Ltd’s Kangaroo-2 appraisal well, located in exploration Block S-M-1165, off Brazil, confirmed a 250 metre gross (135 metre net) oil column in Paleocene and Maastrichtian aged reservoirs, as announced on November 26, 2014. The company says that as at 0600 hrs AEST on January 6, 2
AGR has been awarded the Well Management Services Contract with Edison Norge AS. AGR will support Edison across its operating licences, including its first exploration well on the Norwegian Continental Shelf (NCS). The company will deliver services relating to well construction, operational support,
