Norway’s Lundin Petroleum will acquire operatorship and 50% interest from Petronas Carigali in PM328, offshore Malaysia. The agreement is effective on 31 August 2014. In the first 18 months of the three-year production sharing contract (PSC)…
Aberdeen-based Wireline Engineering further expanded its operations in Southeast Asia with an increase in staff and office space. Equipment maintenance is carried out by skilled technicians. Image…
Pile Dynamics Inc. (PDI) has reengineered its traditional Pile Integrity Tester (PIT) model. The updated model gives the PIT a large and bright color screen, a lighter enclosure and a USB port for data transfer. This model is available…
Maersk Drilling named their fourth ultra deepwater drillship this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Voyager Image…
The results of Mexico’s upcoming bidding round for 109 exploration blocks and 60 producing fields could be crucial in determining the country’s future position as an oil and gas powerhouse, according to an analyst with research and consulting firm GlobalData…
China’s Xiamen Shipbuilding Industry awarded MacGregor, part of Cargotec, a series of deck equipment orders for six vessels under construction at the yard. MacGregor will provides winch and deck machinery packages that will be fitted to these six vessels…
Forum Energy Technologies is beginning the construction of its new European operations center. Forum’s multimillion-dollar investment in its new Westhill facility will bring together five Forum businesses that are currently spread throughout Aberdeenshire…
Semco Martime received their first orders for their rig projects at Invergordon, UK, which include equipment, upgrading two Prospector Drilling jackup rigs and the Songa Offshore semisubmersible rig Songa Dee. Songa…
Intertek appointed Neil Cousland as business development director for its exploration and production (E&P) business line. Neil Cousland, Business Development Director, E&P, Intertek Image…
Technology products company Cortez Subsea appointed a new operations director as the company looks to expand its scope internationally. Tony McKay, Cortez Subsea Operations Director Image…
Kongsberg Maritime Embient last week received the 2014 Compass International Award for outstanding contributions to the advancement of marine science and technology from the Marine Technology Society (MTS). The German subsea technology specialist and systems integrator…
Australia's Tangiers Petroleum says it intends to exit the Tarfaya Block off Morocco after the Tao-1 well showed dry and exceeded budget. The Tarfaya block is the company's only holding in Africa. The company is now faced with either…
Louisiana-based Bordelon Marine announces that its second Stingray vessel, MV Shelia Bordelon, under construction at Bordelon Marine Shipbuilders, will feature a familiar, eye-catching pink stripe, along with the Susan G. Komen New Orleans logo…
Perupetro has contracted Spectrum for 2D seismic work prior to the country's international bid round on 12 December. Spectrum will reprocess approximately 13,000km of 2D multiclient regional seismic data covering the lease sale blocks for the Peruvian state-owned and regulatory body…
Soma Oil & Gas Exploration, a Somalia-focused exploration company, today issued its audited annual report and financial statements for 2013. On 6 August 2013, Soma signed a Seismic Option Agreement (SOA) with the Ministry of National Resources of the Federal Government of Somalia…