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EIA: Iran production to increase

Jan 19, 2016

Implementation day for the Joint Comprehensive Plan of Action (JCPOA), an agreement among Iran, the P5+1 (the five permanent members of the United Nations Security Council and Germany), and the European Union (EU), occurred on 16 January…

Eco Atlantic, Tullow to enter Guyana

Jan 19, 2016

Eco Atlantic Oil & Gasand Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America.  Map of the Orinduik block…

Norwegian license round hailed success

Jan 19, 2016

Norway's latest awards in predefined areas (APA) license round has been hailed a success with some 56 exploration licenses being offered on the Norwegian Continental Shelf.  The APA rounds offer acreage in known areas on the shelf, rather than frontier acreage…

New multi-Bcf Israeli gas touted

Jan 19, 2016

Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…

Searcher starts second Barents seismic campaign

Jan 19, 2016

Searcher Seismic has started Phase 2 of the Silver-Eye Broadband 3D survey in the Barents Sea, offshore Norway. Following the successful acquisition of Phase 1; comprising 2663 sq km, Searcher is now acquiring additional broadband 3D data in the area…

WGK on Prelude flexibles integrity

Jan 19, 2016

Wood Group has secured a three-year contract with Shell Australia's Prelude, floating liquefied natural gas (FLNG) project. Wood Group Kenny will provide specialist consultancy services for flexible riser integrity management prior to and during operation of Prelude FLNG…

Low oil prices cast shadow on Middle East’s FPSO market

Jan 19, 2016

The United Arab Emirates (UAE)'s chances for taking on some of the world’s future floating production and storage offloading (FPSO) vessel construction are diminishing as the global market looks set to stall for at least five years, with local demand for floating facilities little better…

Cairn spuds SNE-3 off Senegal

Jan 18, 2016

The second appraisal well, SNE-3, to be drilled on the SNE oil field, 100km offshore Senegal, has been re-entered and will now be drilled to planned total depth. SNE-3 well, located approximately 3km south of the initial SNE-1 discovery well…

Peter Bennett appointed Clough CEO

Jan 18, 2016

Peter Bennett has been appointed as chief executive officer (CEO) of Australian diversified engineering firm Clough and the Murray & Roberts oil and gas business platform, with effect on 1 February 2016. Bennett will also join the Murray & Roberts board…

HitechVision trio forms Point Resources

Jan 18, 2016

HitecVision merged three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf (NCS). The new company will engage in both exploration, development and production on the NCS…

Sanctions lifted against Iran

Jan 18, 2016

Over the weekend, the six world powers (P5+1), European Union (EU), and Iran reached an agreement that lifted sanctions on Iran’s oil production that will see Western nations enter Iran for oil exploration and production for the first time in more than a decade…

Aquatic joins DNV GL JIP

Jan 18, 2016

Aquatic Engineering & Construction is working with DNV GL and other organizations in the subsea supply chain, on a joint industry project (JIP) to develop a set of guidelines to be incorporated into new or existing DNV GL Offshore Standards or Recommended Practices…

ExxonMobil, Hunting partner on autonomous tools

Jan 18, 2016

ExxonMobil Upstream Research Co. has signed a joint development agreement with Hunting Energy Services’ Titan division to develop new autonomous tools technology focused on well construction and intervention efficiency.   The two Houston…

Anadarko brings Heidelberg online

Jan 18, 2016

Anadarko Petroleum achieved first oil at Heidelberg in the deepwater Gulf of Mexico last week. Map of Heidelberg. Courtesy of Anadarko. Heidelberg is located in Green Canyon 859…

Tidewater Subsea charters Brandon Bordelon

Jan 18, 2016

Tidewater Subsea and Bordelon Marine have agreed to the charter of the Jones Act compliant MV Brandon Bordelon for 60 days plus options. In addition, Tidewater Subsea is mobilizing two FMC Technologies Schilling 150-HP remotely operated vehicles (ROVs) to the vessel…

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