US Gulf of Mexico rig count falls to 20
The US Gulf of Mexico rig count decreased by one over the past week to reach 20, according to the latest Baker Hughes Weekly Rig Count. Read Full Article Here For more great articles: Offshore RSS Feed
Daily Archives: February 10, 2017
Kikeh output restricted by turnaround campaigns
Murphy Oil says production from its block K and Sarawak projects offshore Malaysia averaged more than 37,000 b/d of liquids during 4Q 2016, while associated Sarawak natural gas production averaged more than 115 MMcf/d. Read Full Article Here For more great articles: Offshore RSS Feed
Verus boosts stake in North Sea Alvheim tieback
Verus Petroleum has completed acquisition of Maersk Oil’s 9.8% interest in the Boa oil field on the North Sea median line between the UK and Norway. Read Full Article Here For more great articles: Offshore RSS Feed
Sovcomflot charters Polarcus vessel
A Polarcus subsidiary in Norway has entered into a heads of agreement with Sovcomflot concerning the charter of a vessel on bareboat terms, with delivery scheduled next month. Read Full Article Here For more great articles: Offshore RSS Feed
BP lengthens North Sea maintenance deal
BP has awarded Petrofac a three-year extension to its North Sea maintenance services contract. Read Full Article Here For more great articles: Offshore RSS Feed
MMT, Reach Subsea to inspect western Mediterranean Medgaz pipeline
MMT has received a contract from Medgaz concerning inspection of the offshore pipeline system between Algeria and southern Spain. Read Full Article Here For more great articles: Offshore RSS Feed
Premier acquires ConocoPhillips lab assets
Premier Oilfield Laboratories, LLC has acquired the assets of the ConocoPhillips Subsurface Laboratory located in Bartlesville, Oklahoma. Read Full Article Here For more great articles: Offshore RSS Feed
Eni in another Goliat shutdown
By Offshore Energy Today.. Italian oil company Eni has once again stopped production from the Goliat field in the Barents Sea off Norway, less than a week after it had been restored from the previous shutdown. Last Friday, the Goliat FPSO unit was restarted after being out for over a month due to repairs on…
Smaller fleet and lower charter rates hit MISC’s LNG revenue
By LNG World News Malaysian LNG shipper, MISC, on Friday reported a drop in LNG revenue for the fourth quarter and the year 2016. For the fourth quarter, MISC reported LNG revenue of RM 558.1 million (Approx: US$125.6 million) down 25.6 percent from the RM 749.8 million in the corresponding quarter of 2015. For the…
Bassoe: How will the Saudi Aramco, Rowan joint venture impact the Middle Eastern offshore rig market?
By Offshore Energy Today.. The joint venture between Saudi Aramco and Rowan is very significant, and will undoubtedly have implications in all of the Middle East. By David Carter Shinn The Middle East is one of the most important offshore drilling rig markets in the world. For jackups, it’s the center of the universe: out…