Fieldwood Energy LLC acquired SandRidge Energy, Inc.’s Gulf of Mexico and Gulf Coast business unit for US$750 million, with an effective date of Dec. 1, 2013, and subject to customary purchase price adjustments. As part of the transaction…
Nexen Petroleum UK Ltd, a wholly-owned subsidiary of CNOOC, awarded AMEC a six-year contract to provide engineering, procurement, and construction (EPC) services for Nexen's North Sea offshore assets. The work will cover operational modifications and brownfield projects…
Cardinal Companies International, a family owned and operated company serving the oil and gas industry headquartered in Alvin, TX, announced that they have launched Cardinal Marine. Cardinal Marine offers ship repair and dockside services…
Asset integrity services firm Stork Technical Services has agreed to sell its subsea division to Netherlands-based N-Sea Group. Stork said the move followed a strategic review of its core business and would enable it to focus on key services and innovations…
Energy sector services company CLS Offshore has invested about £350,000 in new offices at Hull, UK, with plans to add a fabrication workshop in the near future. CLS expects to rapidly build its office team in Hull to 25, with up to 75…
Kosmos Energy Ltd. signed a one well rig share agreement with BP plc and Maersk Drilling for use of the rig Maersk Discoverer. The rig is expected to commence drilling operations on the FA-1 (formally Eagle-1) exploration well in the Foum Assaka offshore block in Morocco in 1H 2014…
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…