Subsea 7 has signed a long-term partnership frame agreement with Premier Oil to provide concept engineering, front-end engineering and design, subsea umbilicals, risers and flowlines project execution and life of field operations, on a preferred supplier basis…
Ophir Energy announced that it has finalized commercial terms and is in the process of signing heads of agreement (HoAs) for LNG offtake from the Fortuna FLNG Project with a shortlisted group of counterparties, all of which are globally established LNG Buyers…
Malaysia-based Hibiscus Petroleum and Australia’s Hydra Energy entered into a deal that will see Hibiscus acquire 100% of the outstanding shares of Hydra Energy at “fair market value.” The addition of Hydra Energy and its portfolio of…
Houston-based Anadarko Petroleum revealed today (11 November) that it was the rejected party in the rumored acquisition of US-based Apache, which consisted of an all-stock transaction offer. Image from Anadarko…
3D Oil announced that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion-1 data have been completed. This work has confirmed that no zones of commercial hydrocarbons were encountered in the Sea Lion-1 well…
Ceragon Networks announced that Statoil, has formally awarded Ceragon Networks a five-year frame agreement, with an option to extend for five consecutive two-year periods. Most recently, Statoil has placed orders for Ceragon's IP-20 platform…
GeoPartners, in partnership with MAGE, Seabird Exploration and DownUnder GeoSolutions (DUG), has announced the completion of the acquisition of a new Ireland/UK multi-client 2D seismic survey. This is the first broadband long offset cross border survey of its kind…
Atwood Oceanics announced that one of its subsidiaries agreed to an extension and rate adjustment to its existing contract with Noble Energy for the ultra deepwater rig, the Atwood Advantage, effective 9 November, 2015. The agreement…
Image from Wood Group. Wood Group Mustang has promoted Kent McAllister to the position of president, Offshore Business Unit. He was previously executive vice president for the business unit…
SKF supplied magnetic bearings for use in the world’s first subsea gas compression system at the Åsgard gas field off the Norwegian coast. As part of the subsea gas compression system, the bearings will contribute to recovering additional…
Woodside Energy awarded MMA Offshore a US$35 million (A$50 million) contract to provide three vessels to support Woodside’s offshore Northwest Shelf, Pluto and AusOil production assets in Australia’s North West region. The three vessels…
Image: Francis Neill/Ziebel Ziebel, a provider in composite rod well intervention for the oil and gas industry, announced that Francis Neill has been appointed to the position of chief executive officer…
Image: R. Bradley Forth/ Northern Offshore Northern Offshore announced that R. Bradley Forth has joined the company as senior vice president and chief financial officer. “[Forth] will…
GC Rieber has found a new contract for the Polar Onyx after it took back the vesesl from failed business Ceona and agreed to take ownership of the VLS tower on the vessel from administrators. GC Rieber Shipping had terminated the charter…
Husky Energy has installed the jacket and wellhead platform for the Madura Strait BD gas-condensate field development, offshore Indonesia. Development drilling is expected to started soon, at the 55m water depth site, and the project remains on target for first production in 2017…