ExxonMobil has signed a production sharing contract (PSC) with the government of Equatorial Guinea for a deepwater block located 36mi west of the country's capital city, Malabo. Exxon will operate deepwater Block EG-11 with 80% working interest…
Providence Resources has received consent to transfer 30% equity in FEL 2/14 to Capricorn Ireland Ltd., a wholly-owned subsidiary of Cairn Energy. Providence gained the approval from Ireland's Minister of Communications, Climate Action and Environment…
Baker Hughes and General Electric Co. (GE) have announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team will be as follows: Lorenzo Simonelli…
Stena Atlantic Ltd., an affiliate of Stena Drilling, notified Korean shipbuilder Samsung Heavy Industries (SHI) last week, that it has exercised its right to cancel their contract for the construction of the Stena MidMAX, a dynamically positioned harsh environment semisubmersible drilling unit…
Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Co.’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt. Image of the Sea Swift…
Stress Engineering Services (SES) has teamed up with DeepMar Consulting to expand its existing upstream service offerings. The integrated team will work alongside clients to increase assurance of successful projects in regards to health, safety and environment (HSE)…
The Guyanese government is expected to grant ExxonMobil and its partners a production license for the giant Liza project ahead of the partnership’s final investment decision (FID), which is set for this month. Map of Stabroek…
BP Trinidad & Tobago (bpTT) has awarded McDermott International an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Angelin gas field, off the east coast of Trinidad and Tobago. Illustration…
Two new Calls for Ideas have been launched to identify, support and fund robotics-based solutions to reduce inspection costs, and to unlock marginal resources on UK Continental Shelf (UKCS). Some ca.£1 million in funding is available for each area from the the Aberdeen-based…
Services firm Cape has been awarded contracts on Inpex's Ichthys LNG project and for work for BP in the North Sea. Cape Industrial Services secured two contracts, extending existing contracts, with BP in the UK North Sea for a further three years…
Engie E&P Norge has awarded Schlumberger company WesternGeco two contracts for acquisition and processing of towed 4D seismic data over the Gjøa license, in the northern part of the Norwegian North Sea. The acquisition will be performed with the vessel WesternGeco Magellan…
Chariot Oil & Gas says preparation for drilling on its acreage offshore Namibia has started following a review identifying 1.75 Billion bbl of gross mean prospective resources. Chariot says a Competent Person's Report on Namibian Blocks 2312 & 2412A (the Central Blocks)…
DOF Subsea North America has received an extension of the charter of the Harvey Deep Sea multipurpose service vessel (MPSV) until the end of 2018, plus two one-year options. Harvey Deep Sea. Image from DOF…
Buchan Alpha. Image from Veolia Twitter. Repsol Sinopec Resources UK awarded Veolia the decommissioning job of the Buchan Alpha facility in the UK North Sea, which has ceased production on 12 May 2017 as planned…
Keppel FELS and Borr Drilling have agreed on construction contracts for the five jackup rigs currently being built by Keppel for Transocean, following this week’s earlier announcement of Transocean’s jackup fleet sale to Borr. Image from Transocean…