Transocean pleads guilty for Gulf spill role Deepwater Horizon response efforts (Photo: USCG)Transocean has agreed to plead guilty for its role in the 2010 Deepwater Horizon accident and pay $1.4 billion in both criminal and civil fines, the U…
Cidade de Itajaí (Photo: OOG)OOG-TNK unit arrives at Brazil's Santos BasinThe FPSO Cidade de Itajaí has arrived in the Santos Basin, Petrobras announced on 2 January 2013.The OOG-TKP vessel arrived on 29 December and will be connected to…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
Helix Energy Solutions Group has encountered 100ft of high-quality net oil pay in the Wang exploration well, 93 miles off the Louisiana coast in Green Canyon block 237. Drilled to a total depth of 18,300ft, Wang will tie-back to the Helix Producer 1 FPU. First production is expected by 2Q 2013.
EMGS has signed a US$12 million data acquisition contract extension with Brazil’s Petrobras. Data acquisition is underway and should be completed by the end of this month.
Heerema Fabrication Group has cut first steel for the US$2.26 billion Cygnus gas field located in the southern North Sea. The steel will be used in the 1600t Cygnus Alpha Wellhead Platform, the first of four. GDF Suez E&P operates the Cygnus partnership with 39…
Faroe Petroleum has won acreage in the Dreiki area on the Icelandic Continental Shelf. Faroe will operate seven license blocks south of the Jan Mayen Ridge inside the Arctic Circle northeast of Iceland. Faroe will hold 67.5% interest in blocks IS6708/8…
Risk experts and ship classification societies DNV and GL will unite under the banner DNV GL Group. The new company, to be headquartered in Norway, aims to increase service offerings and global competence base.
Expro has landed its first subsea supply contract in India. The three-year contract involves the supply of two 73/8in electro-hydraulic completion landing strings systems and two sets of topside controls equipment.
The Atwood Advantage dockside at Daewoo’s yard in South Korea.The newest ultra-deepwater drillships joining the fleet this year will be capable of working in 12-14,000ft (3658-4267m) water depths and drilling to 40,000ft. Ultra-deepwater…
Eni has acquired a 25% stake and operatorship in an ultra-deepwater block off Pakistan. Block G in Pakistan’s Indus Basin comprises approximately 7500km2. Eni currently holds participating interest in adjacent Indus block C (60%) and block N (70%).
ExxonMobil has acquired a 75% stake in Impact Africa’s Tugela South Exploration Right off the eastern coast of South Africa.ExxonMobil has also secured a one-year permit to study the hydrocarbon potential of the deepwater Durban Basin, which covers approximately 12.4 million acres.
Helge EideDNO's Helge Eide to resign at month's endDNO International ASA announced that its long-serving Managing Director, Helge Eide, is stepping down effective 31 December 2012.'After almost 17 years at DNO International, including the past 13 years as Managing Director…
Liuhua 11-1 (Photo: CNOOC)Production starts at two S. China Sea fields CNOOC Limited announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production…
Aker Solutions wins topside modifications jobGullfaks A (Photo: Øyvind Hagen / Statoil)Statoil has awarded Aker Solutions a topside modification contract worth US $32.2 million (NOK 180 million) for its Gullfaks South field off Norway, Aker announced on 28 December 2012…