This week marks the 23th anniversary of the worst offshore oil disaster in history. The Piper Alpha was a North Sea oil production platform operated by Occidental Petroleum (Caledonia) Ltd. [...]
Image by Kjetil Alsvik –Average production of 60,000 barrels equivalent a day to be lost as result of shutdown –Accident to be investigated by Norwegian authorities, BP –Any possible connection with [...]
Argentina’s largest oil and gas producer, YPF SA, said Tuesday that a deep-water well it drilled off Argentina’s coast came up dry. YPF invested about $150 million to develop the [...]
Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem [...]
HOUSTON – Cummins Inc. (NYSE: CMI) announced the Cummins Oil and Gas Center of Excellence, a business launched to serve the needs of its growing oil and gas customer base. [...]
HOUSTON (Dow Jones)–The head of the U.S. agency that oversees offshore oil production said Monday that it would seek to pursue regulatory actions against offshore drilling contractors in case of [...]
Class society ABS announces the release of its enhanced Guide for the Classification of Drilling Systems which provides a comprehensive approach to classing offshore drilling systems and their associated support [...]
CGGVeritas announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic [...]
The first of two platform supply vessels (PSVs) of the PX106 type design was successfully launched from Alianca shipyard in Brazil mid-April. The vessel is the first of four X-BOW® [...]
Partial collapse of the platform Flotel Jupiter – April 12, 2011 Name: JUPITER 1 Flag: Mexico Rig Type: semi-submersible platform IMO No.: 8757283 Owner Name: Cotemar Company, SA de CV [...]
Seadrill has been having a good week. Yesterday, the company announced it has exercised an option to build a new ultra-deepwater dual derrick drillship at the Samsung yard in South [...]
Offshore wind farming has picked up steam during the last decade, with more & more countries installing these gigantic turbines in their coastal waters. The largest wind farm in the [...]
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