Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-of-field contract from Ithaca Energy will see WGPSN operate and deliver managed services…
On June 5, Houston-based Atwood Oceanics Inc. announced a new drilling services contract with Eni S.p.A. for the Atwood Beacon. The independent leg cantilever jackup rig is currently working offshore Israel but will finish by July 2013. The…
Subsea 7 S.A. was awarded a contract by Anadarko and their partners for the Heidelberg development in the Gulf of Mexico.The work scope includes the engineering, fabrication, and installation of risers, pipelines, and flowlines in water depths over 1…
AMEC was awarded a two-year contract extension from BG Group to continue to provide engineering, procurement, construction, commissioning, and project management support for all of BG Group’s facilities in the central North Sea. The contract…
Atwood Oceanics Inc. was awarded a drilling services contract for the ultra-deepwater drillship Atwood Achiever by a subsidiary of Kosmos Energy Ltd.for an exploration program commencing in Morocco. The contract specifies a base operating rate of about US $595…
C-MAR Group announced that it won a contract to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. Expected to be worth in excess of $500,000, the agreement covers 16 Maridive…
The FPSO Cidade de Paraty went onstream, beginning commercial production in the Santos Basin Lula Nordeste pre-salt, Petrobras announced on June 6 2013. The Cidade de Paraty FPSO is the second unit deployed on the giant Lula discovery and is located approximately 300km off Brazil…
Maersk Drilling received a contract extension for its newbuild ultra-harsh environment jackup XL Enhanced 2 from Det norske oljeselskap ASA. The two-year extension allows the jackup to service the Ivar Aasen project for a total of five years…
BHP Billiton finalized a sale of its interests in the East and West Browse Joint Ventures off Australia that was previously announced in December. The company will receive US$1.63 billion from PetroChina International Investment (Australia)…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
Christophe Barnini has been appointed as Senior Vice President, group communications for CGG. Barnini will report to Jean-Georges Malcor, CEO of CGG, and has become a permanent member of CGG’s management committee. This appointment took effect on 15th May 2013…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement…
Chevron Corporation announced Jeff Shellebarger as the new president of Chevron North America Exploration and Production Company, beginning August 1, 2013. Shellebarger will succeed Gary Luquette, who will retire after working with the company for 35 years…
Statoil announced it will delay an investment decision on its Johan Castberg project in the Norwegian Barents Sea due to unease regarding recent move by the Norwegian government to increase taxes on oil and gas producers. In addition to the tax rise…
ExxonMobil handed Technip a contract for the development of the Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 km of 10…