Step Change strengthens its leadership ranks
The UK offshore oil and gas industry’s flagship safety initiative Step Change has confirmed its newest recruit to its leadership team.
Shale and automation to lead the way by 2020, new survey says
Shale and automation will come to the forefront of the oil industry within the next five years, according to a new study.
Shell launches sea bed rescue for lost container
A sea bed rescue has been launched by Shell after a large container plunged into the North Sea from its Brent Alpha platform. The container is still to be retrieved, but has been placed on the sea bed at a depth of 140 metres by personnel after the Normand Subsea Dive Support Vessel (DSV) was brought in to retrieve it.
Mosman Oil and Gas forges ahead in New Zealand
New Zealand and Australian focused Mosman Oil and Gas has discovered potential oil zones in its Petroleum Creek Project. The company recently conducted the next stages of its flow testing, drilling and seismic acquisition in the South Island, which is known to have the largest oil seeps in New Zealand.
Rosneft makes significant hydrocarbon find in world’s northernmost well
The world’s largest publicly trading petroleum company Rosneft, has discovered a new hydrocarbon field in the Kara Sea, which could produce more than 100million tonnes of oil.
Leni Gas and Oil’s Trinidad find pays off
A Caribbean-focused explorer has completed production tests on the Goudron Field in Trinidad which has resulted in an open-hole flow rate of 540 barrels of oil per day in one of its wells.
Mosman Oil and Gas zeroes in on 5:1 takeover
Trident is an unlisted Australian company with onshore and offshore oil interests in Australia. The deal was estimated to cost around $2.75million, based on a binding bid implementation agreement.
Ocean Installer wins $50million Brazil contract
A subsea company with extensive operations in the North Sea basin has been awarded a contract in Brazil worth $50million. Ocean Installer will provide SURF (subsea, umbilical, risers and flowlines) support work in Brazil for Saipem. The contract will see the Normand Clipper – one of the company's three long-term chartered support vessels (CSV ) - used in the South American country for eight months, with options to extend.