SOCAR-AQS signed a joint venture (JV) agreement with Archer Assets UK and Nobel Oil Services to establish Oğuz Drilling, a new platform drilling company in Azerbaijan, with a focus on the Caspian Sea. With support from SOCAR-AQS, Archer and Nobel Oil Services…
Statoil awarded Cubility a US multi million dollar deal to provide the MudCube solution for installation on the Johan Sverdrup field in the North Sea. The MudCube. From Cubility. The MudCube…
IPB Petroleum announced that the company’s application for a 12-month suspension and extension to the WA-471-P exploration permit work program has been approved by the Commonwealth–Western Australia Joint Authority. Following IPB’s application in May 2015…
Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…
MX Oil announced a number of amendments to its joint venture agreement with its local partner Geo Estratos (Geo), which include an increase in MX Oil's interest in any concessions or exploration and production contracts to 55% from 51%…
Spectrum announced that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger. The first phase of the acquisition program Mexico Campeche-Yucatan 2D Regional…
Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
Stolt-Nielsen and Golar LNG jointly announced the formation of a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has made a strategic investment in Golar LNG through open-market purchases…
Swiber Holdings announced that its subsidiary Swiber Offshore Construction (SOCPL) has established a wholly-owned subsidiary in Singapore known as Whitmer Offshore (WOPL). The initial issued share capital of WOPL is US$100. WOPL…
Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…
ALE is half way through the Malikai project in Malaysia, which is expected to include the world’s highest jackup and skidding operation. The global heavylift specialist was awarded the contracts for the Malikai project on behalf of TMJV…
EMAS Offshore secured a US$30 million contract for support services off West Africa. Under the job scope, four of EMAS Offshore’s marine vessels, including an accommodation barge, PSV and AHTSs, will be chartered to EMAS AMC, to provide accommodation…
Maersk Training entered into an agreement with Seadrill to deliver its Well Control training globally under the accreditation of The International Well Control Forum. The agreement will cover more than 2000 assistant drillers, drillers…
Fugro completed a year-long wellhead monitoring project for BP Americas measuring BOP stack motions and calculating wellhead fatigue during a deployment in the Gulf of Mexico. The drilling campaign was conducted throughout 2014 in…