DNV GL established a liquefied natural gas (LNG) solution group in North America. Bjørn-Harald Bangstein, DNV GL director of operations maritime advisory, Americas. DNV GL says that in addition to deep LNG expertise…
Chevron Thailand E&P Ltd. awarded Rolls Wood Group (RWG) a contract to service Rolls-Royce industrial gas generators operating at four separate offshore production facilities located in the Pattani Basin, 120 mi. from Thailand’s southern coastline…
Deepwater exploration offers one of the few attractive places for today's international oil companies, but costs will need to be curbed to make it work, senior executives said in Aberdeen today (14 October). Total's…
Italian explorer Eni picked up two new exploration assets offshore Vietnam from state-owned oil company PetroVietnam, the company announced on 13 October 2014. Eni’s CEO Claudio Descalzi (pictured) and PetroVietnam president DO Van Hau…
Lundin Norway has found gas and oil in wildcat well 7220-11-1 on the Alta prospect in production license 609 in the Barents Sea. The well was drilled about 20km northeast of the Gohta oil and gas discovery 7120/1-3 and about 190km northwest of Hammerfest…
Statoil and its Tanzanian co-venture Exxon Mobil have made a seventh gas discovery offshore the prolific East African country. The Giligiliani-1 discovery contains some 1.2 trillion cubic feet (Tcf) of natural gas in place, taking total In place volumes in Block 2 to about 21Tcf…
Wood Group Mustang has been awarded the pre-front-end engineering design (pre-FEED) contract by Statoil for the proposed Snorre C tension leg platform (TLP) to be located on the Norwegian continental shelf. Work is being conducted by…
General Electric today agreed to pay US$1.78billion for Milestone Aviation Group, the world’s largest helicopter leasing company. Helicopter transportation is fundamental to the offshore oil industry, and the market for oil & gas…
T.D. Williamson (TDW) carried out a subsea pipeline pressure isolation that protected divers during a wye installation in the Gulf of Mexico. The installation was of a piggable wye to tie-in a new deepwater oil and gas system in the GoM…
Petroleos Mexicanos (Pemex) awarded the Houston-based, Cameron-Schlumberger joint venture OneSubsea, a US$270 million subsea production systems contract for the Lakach deepwater project offshore Mexico. The Lakach project is the first deepwater subsea field to be developed by Pemex…
CNOOC Ltd. began production on its Enping 24-2 oilfield in the Pearl River Mouth Basin off the South China Sea. Enping 24-2 has an average water depth of approximately 86m to 96m. The main production facilities include one drilling and production platform…
Lundin Petroleum began drilling at the Gobi-1 wildcat exploration well in the Gurita production sharing contract (PSC) offshore Indonesia. Map of Gurita PSC. From Nido. Gobi-1 is located in the West Natuna basin in the Natuna Sea…
Petrofac has secured a duty holder contract for two assets in the southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provide operations and facilities management to the Schooner and Ketch platforms…
JDR is to design and manufacture a hybrid power steel umbilical for Wintershall Noordzee's Ravn field development in the Danish sector of the North Sea. JDR’s will deliver an 18.2km-long umbilical which will provide power and control…
US-based Endeavour International is seeking bankruptcy protection after agreeing a restructuring agreement with some creditors. The company’s debt totals about US$1.2 billion, according to Chapter 11 papers filed in US Bankruptcy Court in Wilmington…