Royal Dutch Shell plc announced the successful completion of the acquisition of Repsol S.A.'s liquefied natural gas (LNG) portfolio outside North America for a headline cash consideration of US$4.1 billion. As part of the transaction…
Total announced that Qatar Petroleum International (QPI) is now a shareholder of Total E&P Congo, holding 15% of its capital. The news follows a framework agreement that was previously signed in May. The US$1.6 billion increase of Total E&P…
Fugro recently opened new offices in Mozambique, and established the only internationally-accredited laboratory in Mozambique. The office is located in the port city of Maputo to enable efficient response to client requirements for offshore…
Ensco plc has taken delivery of ENSCO 121, the second of four ultra-premium harsh environment jackup rigs in its ENSCO 120 Series. The rig is contracted to work in the North Sea beginning in Q2 2014 at a day rate of approximately $230,000…
Ocean Rig UDW Inc.announced today that it successfully took delivery of its newbuilding drillship, the Ocean Rig Skyros, on Friday, Dec. 20. The drillship is currently mobilizing to offshore Angola to commence drilling operations with Total.
Statoil awarded Aker Solutions a 10-year framework contract worth approximately US$105.8 million (NOK 650 million) for the North Sea Johan Sverdrup field. The first call-off is the front-end engineering design (FEED) work of the field center…
Prosafe was awarded a 60-day contract by Swiber Offshore Construction Pte Ltd for the provision of the semisubmersible Safe Astoria for operations in the Natuna Sea gas project’s facilities off Indonesia. Total value of the contract firm period is approximately US$6…
RWE Dea UK received the operatorship in a further three licenses in the Southern North Sea's 27th Offshore Oil and Gas Licensing Round. In addition to the two licenses they received earlier this year, P2018 West of Shetland and P1975 Northern North Sea…
Malaysia-based Bumi Armada Berhad announced that Afren Energy Resources Ltd. extended its contracts with Armada Floating Solutions Ltd. and Bumi Armada (Singapore) Pte Ltd for the bareboat charter and the operations & maintenance respectively of the FPSO Armada Perkasa for another two years…
Mexico’s Senate approved a new energy reform bill on Wednesday that will open the country’s oil and gas industry to private and foreign investment through production sharing agreements and licensing. President Enrique Pena Nieto’s ruling…
Offshore renewable energy was on the agenda when the International Marine Contractors Association (IMCA) held its first meeting of its long-established Europe & Africa Section in Germany. The meeting on Thursday, November 28, in Hamburg…
Saudi Aramco opened a research center in Cambridge (Boston), Massachusetts yesterday, the first of three new US research facilities the global energy giant will set up by the end of next year. The new center is adjacent to the Massachusetts…
FMC Technologies, Inc. will supply six work-class ROV systems to Tidewater Subsea for its subsea operations business. The systems will be supplied by FMC Technologies' schilling robotics business unit and are expected to be delivered year-end 2013…
PTTEP and Pertamina signed a 50:50 joint venture to buy Hess' assets off Indonesia for US $1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
The deadline for entries for this year’s Offshore Achievement Awards (OAAs) has been extended to December 9. Ambitious companies and individuals hoping to be recognised amongst the best and brightest that the UK offshore industry has…
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