Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-ofield contract from Ithaca Energy will see WGPSN operate and deliver managed services…
ExxonMobil handed Technip a contract for Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers project management, engineering, fabrication, installation, and pre-commissioning of more than 48km of 10…
Analysis: Perspectives Independent oil companies have led the way opening new frontiers in recent years, but this may change as companies of all sizes have locked-up huge swathes of frontier acreage, creating opportunities for exploration-driven deals…
Browse Basin gas discovery Total E&P Australia discovered gas at the Bassett West-1 exploration well in WA-408-P in the Browse Basin off Western Australia state. The well is about 475km north-northeast of Broome and reached 5239m TD in 368m of water…
Lukoil Farmin African independent Taleveras agreed to farmout a 65% interest and operatorship in Ivory Coast Block CI-504 to Lukoil Overseas, a subsidiary of Russian oil firm Lukoil. Taleveras will retain 25% interest and Petroci, the Ivory Coast’s national oil company…
DNO increases Tunisia acreage DNO International is increasing its acreage offshore Tunisia and plans to drill next year. Its subsidiary DNO Tunisia AS has entered a farm-in agreement with Atlas Petroleum National des Hydrocarbures et…
Euroil, Shell farmin UK-based Ithaca Energy has agreed to farm-out deals with Euroil and Shell for several North Sea blocks. Euroil, a subsidiary of Edison International, will take a 25% interest in Ithaca’s west of Shetland licenses P1631 and P1832…
Gryphon Alpha FPSO Maersk Oil’s vessel, stationed about 280km northeast of Aberdeen in the North Sea, has undergone a major dry dock overhaul, while infield subsea infrastructure was removed and replaced. A 4D seismic survey and near-field drilling was also done over the area…
FloaTEC mates P-61 modules FloaTEC Singapore Pte Ltd. mated the topsides and hull of Petrobras P-61, Brazil’s first tension-leg wellhead platform (TLWP) near the BrasFELS yard in Angra dos Reis, southern Rio de Janeiro state, Brazil…
Cidade de Paraty in production FPSO Cidade de Paraty went on stream, beginning production from the Lula Nordeste field in the Santos Basin presalt play. It is about 300km off Brazil, in the northeast corner of Block BM-S-11. The FPSO can process up to 120…
RWE in Suriname RWE Dea signed a farm-in agreement with Petronas Suriname E&P BV, acquiring 40% interest in Block 52 off Suriname. The block is in the Guyana-Suriname Basin 120km off the northeast coast of South America in 100-1,000m deep water and has potential in Upper Cretaceous strata…
CGG awarded Colombia survey CGG has been awarded a contract by a subsidiary of Anadarko Petroleum Corp. and partner Ecopetrol to acquire and process a 5500sq km, 3D seismic survey on the Caribbean coast offshore Colombia. The CGG Viking will tow a 10m x 100m x 7050m spread…
ThoughtStream: Opinion In today’s continually evolving oil and gas industry there are always emerging issues to address. Collaboration within the industry can be a vital cog to deliver new solutions to the most pertinent problems and plug technology gaps…
Colloquy: Editor’s Column The American Association of Petroleum Geologists (AAPG) has developed a new African exploration GIS database, as the Edward G. Purdy Memorial Project, honoring the late geologist (b. 4 December 1931, d. 13 October…
Electromagnetic Geoservices ASA (EMGS) signed a contract with PEMEX worth US$99.8 million to conduct a 3D electromagnetic (EM) survey in the Gulf of Mexico. 'We have over the last few years reinvigorated our exploration organization and embraced technologies that give us an advantage…
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