Karoon Gas Australia has now taken possession of the Olinda Star semisubmersible drilling rig from Petrobras to drill in the Santos basin, offshore Brazil. The rig is currently in the Campos basin and expected to be on location in the…
Ocean Floor Geophysics Ltd. (OFG) completed a high resolution CSEM survey of near surface gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
State-owned oil company Petróleos Mexicanos (Pemex) has issued two series of notes totaling US$1 billion, guaranteed by the US Export-Import Bank. Pemex is using the proceeds from the sale of the notes to purchase goods and services…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…
MacGregor, part of Cargotec, announces changes in its operative structure and starts a reorganization into seven operative divisions effective 1 January 2015. The six new operative divisions together with global lifecycle support as the…
Norway’s Statoil awarded KBR, Inc. a three-year master services agreement (MSA) to provide engineering and procurement services for the Norwegian giant on a global scale. The MSA has an option to renew every three years for a total of 12 years…
Chevron Corp. made a new oil discovery in the Keathley Canyon Block 10 located at the Guadalupe prospect in the deepwater US Gulf of Mexico. Transocean’s Discoverer India. From Chevron. Well No…
Hydratight is offering safe hot bolting services on all types of flanged joints globally. The need to replace corroded or damaged bolts that are fitted to live pressurized flanges is a common problem for many offshore operators, who are trying to extend life of aging assets…
OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…
Noble Energy awarded Nordic Maritime a US$70 million, five-year contract for its DP2 IMR subsea vessel, Mokul Nordic. Mokul Nordic. From Nordic Maritime. The vessel will be performing…
Petrex supported the CNR International's Subsea Project Team during the installation of a multiphase booster pump (MPBP) at the Lyell subsea field in the North Sea. Petrex acted as the CNR International interface for the day-to-day project management of the MPBP vendor…
Norwegian-based subsea contractor Ocean Installer has opened an office in Perth, Australia to meet client demand for subsea construction services. “This is the beginning of our presence in another promising region in line with Ocean Installer’s growth strategy…
GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea. The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…
InterMoor, an Acteon company, has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC). To extend the life of the Hai Yang Shi You III FPSO, the first project involved full mooring system replacement in the Panyu field…