The Centennial J tanker will be converted by MODEC for Tullow's TEN field. Photo by: Tullow Oil Plc/Joseph Lynch. E&P companies will continue to invest in deepwater exploration and development…
The National Oil Corp. (NOC), the national oil company of Libya, has signed an agreement with ION Geophysical Corp. and North Africa Geophysical Exploration Co. (NAGECO) to acquire 21,000km of 2D seismic data in Libya. Known as LibyaSPAN…
Rowan Companies plc said the Rowan Renaissance drillship has been pulled from service off West Africa after experiencing equipment problems, the company announced in its monthly fleet status report released on 27 May 2014. Rowan said…
Specialist downhole tool provider Peak Well Systems has relocated its European regional headquarters to a newly constructed, office and workshop facility in Aberdeen which will meet the needs of its expanding North Sea business. Peak’s investment…
Cairn Energy updated plans for drilling the Gargaa well off Morocco during its Annual General Meeting on 16 May. Cairn has established a position in both the Jurassic carbonate shelf and the emerging deep-water Mesozoic clastic exploration plays…
Douglas-Westwood (DW) forecasts global subsea hardware capex will total US$117 billion (bn) between 2014 and 2018. This represents growth of more than 80% compared with the preceding five-year period. In 2013, subsea tree installations were lower than expected…
Ceona, SURF contractor with heavy subsea construction capabilities, has been awarded a contract for work in the Oyo oilfield offshore Nigeria from CAMAC Energy Inc. The Oyo Phase One expansion project includes installation and recovery of…
Eni says it has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. Area 4 is now thought to contain about 85Tcf of gas in place. The delineation was carried out through the Agulha 2 well…
Bids from Russia’s Gazprom and China’s China National Offshore Oil Corporation (CNOOC) have been included in the latest licensing round offshore Tanzania. The 4th Deep Offshore and North Lake Tanganyika Licensing Round closed on May 15…
Drilling on the deepwater Welwitschia-1 prospect in Walvis Bay, offshore Namibia, might be delayed until the end of May after the wellhead housing “slumped” and issues with the blow out preventer (BOP) control system were discovered. Operator…
Norway's Dolphin Geophysical announced that the high-capacity 3D seismic vessel, Polar Marquis, has a new contract with GC Rieber Shipping for 3.5 years with 2+2 years options. The vessel has just completed a significant seismic and propulsion upgrade…
Odfjell Drilling and BP Angola have agreed a deal securing further work for Odfjell Drilling's sixth generation ultra-deepwater and harsh environment semisubmersible Deepsea Stavanger (pictured) on Block 18 in Angola. The contract is…
Drilling rig giant Transocean says it has picked up new contracts worth about US$953 million since 17 April. Giving its fleet update report, the firm said other highlights include: Dhirubhai Deepwater KG1 drillship - Awarded a three year contract offshore Brazil at a dayrate of $440…
SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…
Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured). The firm operates the semisubmersible Northern Producer FPF…
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