Norway's OKEA has appointed Knut Gjertsen as a new SVP Project and Technology.The Oslo-listed oil firm said Monday that Gjertsen was joining from the position as Project Director for Johan Castberg in Equinor. Johan Castberg is Equinor's oilfield development in the Barents Sea…
McDermott International said it has been awarded a front-end engineering design (FEED) contract by POSCO INTERNATIONAL Corporation for the Shwe Phase 3 gas field development, located approximately 70 kilometers offshore Myanmar.Building on McDermott's…
Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field. Jonathan Minnitt, the company's Senior Manager, Business Development, Europe & Africa, explains.
Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field.With the firm’s newly introduced intelligent subsea approach, which combines modular,…
Floating production solutions specialist Amplus Energy Services announced on Wednesday that it has been awarded a multimillion-dollar contract to reevaluate the development of marginal fields in Angola with the aim to form economically viable…
Italian services company Saipem said it has secured more than $1.2 billion worth of additional work for the “supergiant” Zohr field development project, offshore Egypt in the Mediterranean Sea.Saipem announced on Thursday it won an offshore contract addendum with Petrobel…
A video from Norway's Equinor outlines the road to production at the Aasta Hansteen gas field in the Norwegian Sea, which opened a new region for gas export to Europe when it came on stream on Sunday.“Located in 1,300 meters of water, this is…
Western Gas announced Wednesday it has signed a Memorandum of Understanding (MOU) with oil and gas service and technology providers McDermott International and Baker Hughes, a GE company (BHGE), for the development of the Equus Gas Project offshore Western Australia…
The U.K.’s oil and gas reserves remain at a level which could sustain production for at least the next 20 years and beyond if additional undeveloped resources can be matured, according to the U.K. Oil and Gas Authority (OGA).OGA’s ‘UK Oil and Gas: Reserves and Resources’ report…
Providence Resources has been given consent to farm out stakes in the the Helvick and Dunmore Lease Undertakings (LU), in the North Celtic Sea Basin, and Dunquin South, in Frontier Exploration Licence (FEL) 3/04, in the southern Porcupine Basin offshore Ireland…
Fugro started integrated survey work offshore India for the country’s oil and gas company ONGC, under a three-year contract valued at approximately US$7.7 million. The contract, awarded to Fugro for the third consecutive time, calls…
Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea. The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018…
Saipem and Petrobel have finalized offshore contract variations worth US$900 million for engineering, procurement, construction and installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr field development project offshore Egypt…
Independent Oil and Gas (IOG) has been awarded a license in the Oil and Gas Authority's 2016 Supplementary Offshore Oil and Gas Licensing Round. The license, comprising Block 48/25a, includes the western part of the Vulcan North West…
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies…
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