BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of Eni, until Q4 2016, with options for additional seven years (until Q4 2023). The Abo field came onstream…
The landscape of risk will continue to change in 2015 for the offshore upstream sector. While new risks are expected to appear, many will remain familiar and consistent with recent years. Some of the biggest concerns are also likely to be eclipsed by potential opportunities…
GlobalData’s Adrian Lara sheds light on the kinds of deepwater projects expected to advance while the price of oil continues to fall. Engineers from Jumbo Maritime deliver 25 MOF caissons for the…
Subsea hardware spending in 2014-18 is forecast to nearly double the size of installed subsea infrastructure, according to Douglas Westwood’s latest estimates. Matt Loffman sets out the detail. Douglas-Westwood forecasts subsea hardware capex will total US$117 billion between 2014 and 2018…
The previous article Rigless Origins (OE: March 2014) detailed the Zakum project, which was carried out in 1969 offshore of Abu Dhabi, where all methods of running wireline from a vessel—in open water—were executed and assessed(1) (2). More importantly…
The shallow waters of the Persian Gulf, also known as the Arabian Gulf, belie the plethora of offshore infrastructure – new and old – in the Middle East. Elaine Maslin probes beneath the waves. In 2005…
Golar LNG awarded Keppel Shipyard a US$705 million contract for the conversion of a second Moss liquefied natural gas (LNG) carrier, the GIMI, into a floating liquefaction vessel (FLNGV) for Golar’s subsidiary Golar Gimi. Image of Keppel Shipyard…
Year in review: 2014 - OEDigital’s top stories Mozambique NG flow test. OE staff presents a look back at 2014’s top stories posted on OEDigital.com. It was a year filled with highs and lows…
Transocean's Sedco Express semisubmersible drilling rig arrived at the Oyo field in oil mining lease (OML) 120 to begin operations for CAMAC Energy, offshore Nigeria. The Sedco Express. From Transocean…
The deadline to apply in Mozambique’s fifth licensing round has been extended to 30 April 2015. The Institute of National Petroleum (INP), on behalf of the Government of the Republic of Mozambique, announced the extension for the competiive…
Wärtsilä donated its Wärtsilä 20 engine to the Nelson Mandela Metropolitan University (NMMU) in an initiative to support and stimulate the maritime economy in South Africa. The donation handover. People in the picture from left to right…
A heads of agreement (HOA) was signed between Golar LNG, Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon to develop a floating liquefied natural gas (FLNG) export project located 20km off the coast of Cameroon that will use Golar's floating liquefaction technology (GoFLNG)…
Moroccon authorities have approved a farm-in deal between London based exploration minnow Chariot Oil & Gas and Australia's Woodside on the Rabat Deep Offshore permits I-VI. Woodside is committed to pay 100% of the 3D seismic acquisition…
Australian explorer Cooper Energy said while it still intends to divest its Tunisian portfolio, the exit may take longer than expected. Cooper Energy originally announced plans to divest its Tunisian assets in June 2013 in order to focus on its Australian assets…
African Petroleum signed a non-binding term sheet agreement with a private London-based independent oil and gas company to farm-in to African Petroleum’s 100% owned Liberian LB-08 license. LB-08 is situated in a highly prospective region offshore Liberia…
Subscribe
