Karoon Gas Australia is revising its previous estimates of the Kangaroo field in the Santos basin offshore Brazil that decreases its 2C resources by nearly 39%. The Australian company is also estimating its Echidna’s light oil gross contingent 2C resource volume to be of 75 MMbbl…
Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…
Polarcus announced that the company has received a letter of intent from an undisclosed client to execute a 3D marine seismic project in West Africa utilizing Polarcus' RightBAND technique for broadband data acquisition. The project…
Statoil awarded FMC Technologies a US$172 million engineering, procurement, and construction (EPC) contract for Phase 1 of the Johan Sverdrup field. The Johan Sverdrup field center. Image from Statoil…
On 14 September, Mexico's Finance Ministry announced the minimum acceptable bids for the shallow water development opportunities phase of Round One. Image of Round One. From CNH. Wood…
Hansa Hydrocarbons Ltd. completed a farm-out with GDF SUEZ E&P Nederland B.V. (part of the ENGIE Group) in respect of a 30% interest in its 4Quads licenses (blocks G18, H16, M3 and N1) in the Dutch North Sea. Pursuant to this transaction Hansa and GDF SUEZ E&P Nederland B…
Ashtead Technology’s Houston office has secured an industry seal of approval from ISNetworld (ISN) for maintaining the highest oil and gas safety and quality standards within the Gulf of Mexico. ISNetworld is a global resource for connecting companies with safe…
Centrifugal pumps and systems manufacturer SPP Pumps has confirmed the expansion of its business in Norway, with the announcement of a partnership with Hillevag Elektro-Diesel - specifically for the oil and gas market. Ian Burrows (Head…
Tata Steel has been awarded a multi-million pound contract for the Maersk Culzean project in the UK central North Sea – one of the largest discoveries in the region in the last 10 years. The company will be responsible for providing more than 18…
VNG Norge has made an oil discovery in the main bore of the Boomerang exploration well offshore Norway. Well 6406/12-4S on Boomerang was drilled close to the Pil discovery and encountered a 26m gross Upper Jurassic intra-Spekk/Rogn sandstones with good reservoir properties and moveable oil…
Fugro has formed a strategic alliance with Coremar, a Colombian turnkey port, marine services, and logistics provider. The objective is to provide life-of-field solutions to the oil and gas industry in Colombia and the Caribbean, particularly in the delivery of geophysical…
Mexico’s Secretaría de Hacienda y Crédito Público (SHCP) released the minimum fiscal terms that must be met by companies in order to win development rights in the second phase of Round One, scheduled for the end of September. Image…
Africa-focused Tower Resources announced the signing of the shallow water Thali (formerly known as Dissoni) production sharing contract (PSC), offshore Cameroon. The PSC signing ceremony took place on 15 September 2015 at the offices of Société Nationale des Hydrocarbures (SNH) in Yaoundé…
North Energy’s board is in the process of adopting additional, extensive reductions that may lead to a possible merger. The reduction program will see the company close some of its offices; reduce operating costs, and its workforce that is being blamed on the persistent…
Cortland Co. delivered a precision lifting solution for the successful installation of a topsides module offshore in the UK North Sea Cortland worked with Seaway Heavy Lifting who were contracted for the transportation and installation of the module…