Offshore news

Capable of providing a complete solution to its global customer base without sourcing outside the Chouest family worldwide, the new group is based in ECO’s Houston office, at the heart of the energy corridor.

ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Ranger-1 well on Nov. 5, 2017 and encountered approximately 230 ft (70 m) of high-quality, oil-bearing carbonate reservoir.

Keppel FELS Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd, has delivered the jackup rig, SAGA, to Borr Drilling Limited safely, on time and on budget.

The award covers project management, engineering, procurement of anchors for risers and umbilicals and offshore installation activities.

The In-line Compensator has been deployed and operated from a deepwater drill ship in 3500 ft of water.

On 4 January, the Trump administration proposed to make nearly all offshore areas in the United States available for oil and gas exploration drilling.

Members of the scheme include Peterson, Maersk Oil North Sea UK Limited, Petrofac and Dana Petroleum Ltd.

The business intelligence group’s report reveals a 10 yr low in oil discoveries in Norway and anticipates a shift in focus in the UK to gas in 2018.

Norway spent US$18 billion in 2017 on offshore developments, with the US and Mozambique also making significant contributions.

Statoil Petroleum AS, operator of production licence 029 C, has concluded the drilling of wildcat well 15/6-14 S.