Offshore Natural Gas News - page 63


Subsea UK sponsors MATE ROV competition

Feb 04, 2016

At Subsea Expo, Subsea UK has announced that it will sponsor an initiative which inspires budding subsea engineers for a second year.  The body which represents the US$13.1 billion (£9 billion) subsea industry has now committed over $29…

Red Marine completes valve qualification testing

Feb 03, 2016

Red Marine, based in Hexham, has completed a qualification testing program on a new vent valve for FMC Technologies. The program to validated the performance of the vent valve against industry standards including ISO 10423 (API 6A). Used during workover operations…

Rystad: US$230 billion in projects delayed due to oil price

Jan 28, 2016

Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian oilfield analysts Rystad. 'In addition to subsurface challenges, above-ground issues…

Jan De Nul to install cables on Marjan Field

Jan 28, 2016

Jan De Nul Group will install two additional power cables for Saudi Aramco’s Marjan Field, offshore Saudi Arabia, in the Persian Gulf. For the Marjan gas oil separation plant project executed by McDermott, Jan De Nul Group will install two 115 kV cables…

Kosmos in significant Senegal find

Jan 27, 2016

Kosmos Energy announced a “significant” natural gas discovery at its first exploration well offshore Senegal, in addition to memorandum of understanding (MOU) for the development of the cross-border Greater Tortue complex. The Atwood Achiever…

Schlumberger, Golar LNG enter MOU

Jan 22, 2016

Golar LNG signed a memorandum of understanding (MOU) with Schlumberger to co-operate on the global development of greenfield, brownfield and stranded gas reserves.  Under the MOU, Golar and Schlumberger have agreed to jointly market gas monetization solutions to owners…

Woodside spuds latest Myanmar probe

Jan 22, 2016

Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…

New multi-Bcf Israeli gas touted

Jan 19, 2016

Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…

Peter Bennett appointed Clough CEO

Jan 18, 2016

Peter Bennett has been appointed as chief executive officer (CEO) of Australian diversified engineering firm Clough and the Murray & Roberts oil and gas business platform, with effect on 1 February 2016. Bennett will also join the Murray & Roberts board…

Quadrant confirms Roc-1

Jan 18, 2016

Quadrant Energy confirmed presence of condensate-rich gas after completing a wireline logging program of the Roc-1 well, offshore Western Australia. Partner Carnarvon Petroleum said initial analysis showed condensate to gas ratio at the top end of the range of 20-40 bbl per Mcm…

Iran sanctions to be lifted in coming days

Jan 15, 2016

Sanctions on Iran’s oil production are set to be lifted as early as this weekend that will mark the end of the country’s nuclear program and pave the way for Western nations to re-enter Iranian territory for oil exploration and production…

Mitra gains more Vietnam stake

Jan 14, 2016

Malaysia's Mitra Energy gained approval from the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) fields, off Vietnam.  Image from Mitra Energy…

WoodMac: US$380 billion of projects on hold

Jan 14, 2016

Some US$380 billion worth of upstream oil and gas projects have been put on hold as a result of the fall in oil prices, according to new research by analysts Wood Mackenzie.  The Edinburgh based firm says the last six months of 2015 saw…

Ezion Holdings lands service rigs deal

Jan 13, 2016

Ezion Holdings Ltd. has secured an agreement to jointly market two service rigs being built by a Chinese state owned enterprise to support the offshore windfarm, oil and gas activities in the energy sector, announced Ezion Holdings board of directors…

Trendsetter acquires Wiltor Machine

Jan 07, 2016

Trendsetter Engineering has announced the acquisition of Wiltor Machine, a 6000sq ft precision machine shop in north Houston specializing in complete turnkey, proto‐type, and production machining for the oil and gas industry. This machine shop has experience machining stainless steel…

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