Subsea 7 inked a contract estimated to be between US$50 million to $150 million with Burullus Gas Co. for the platform extension and tie-in on the first phase of BP's West Nile Delta development of the Taurus and Libra fields, offshore Egypt…
Sinopacific Shipbuilding Group successfully delivered three SPP17A platform supply vessels (PSV) to owner Naviera Petrolera Integral (NPI) at Zhejiang Shipyard. The 3 SPP17A PSVs were contracted in July 2014. All of them are the SP series…
Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…
Yinson has awarded Singapore’s Keppel Offshore & Marine conversion work on a floating production, storage and offloading (FPSO) vessel meant for Eni’s Offshore Cape Three Points Block (OCTP), offshore Ghana. The award is one of four the…
Arctech Helsinki Shipyards, part of United Shipbuilding Corp., held a keel laying ceremony on 17 December for a new icebreaking platform supply vessel ordered by PAO Sovcomflot under a long-term agreement with Sakhalin Energy. The agreement…
ITC Global, a provider of satellite communications to remote and harsh environments, has announced that it has been awarded two multi-million dollar contracts, each spanning three years, to provide remote offshore communications to five floating production…
Petroceltic has opted to exit stakes in Greece and Egypt, following an announcement by the company's board that it has initiated a formal strategtic review of its business and assets due to breaching debt repayment obligations. In the 23 December announcement…
Petrobras concluded two formation tests in the 3-SPS-105 (Carcará Norte) well, confirming the high productivity of the pre-salt carbonate reservoirs. The well is in the area of the Carcará Discovery Evaluation Plan (PAD), 4.6km north of the discovery well (4-SPS-86B)…
Delware-based Dleif Drilling has repossessed the Sertão drillship pursuant to an order issued by the Tribunal de Justiça do Estado de São Paulo Comarca de São Paulo Foro Central Cível 35a Vara Cível on 30 September 2015, the company announced on 24 December…
Shell has terminated the contract for the Polar Pioneer, a harsh environment semisubmersible drilling rig, announced rig owner Transocean on 28 December. The rig was famously used this summer in Shell's Arctic campaign in the Chukchi Sea…
Marred by corruption and market turmoil, Petrobras, the operator of key pre-salt projects for Brazil’s oil production over the next five years, is one of many Brazilian oil and gas companies facing a difficult financial future in the short term…
Mexican national oil company Pemex has awarded a further extension to Fugro's contract to support its exploration drilling activities in the Bay of Campeche. The contract extension is valued at approximately US$20 million and the workscope…
Bad weather has delayed first oil from Premier Oil's Solan project, in the West of Shetland area, until January, the firm announced on 23 December. Premier Oil stated in its operations announcement that further progress has been made…
Det norske oljeselskap has completed its agreement to acquire Premier Oil Norway. The merger, previously announced on 16 November, comprises all Premier Oil plc’s Norwegian assets for a net consideration of US$120 million on a cash free, debt basis…
Fugro will conduct survey services at a deepwater field development offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana, the geophysical service company announced on 22 December. The contract provides for autonomous…