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Frontier to drill two wells in Calauit

Sep 17, 2014

Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…

DeepOcean hires new team members

Sep 17, 2014

DeepOcean Group Holding B.V. added Henk van den IJssel and Peter van der Hak to their team, effective 1 October 2014. “We are pleased that Henk and Peter have decided to join the DeepOcean team,” says DeepOcean CEO Bart Heijermans. “Henk…

BP extends Jee contract

Sep 17, 2014

Jee Ltd. was awarded a three-year contract renewal from BP with potential value in excess of US$7.3 million. Trevor Jee, Managing Director of Jee Image: Jee The two…

Mozambique will host US$30 billion LNG project

Sep 17, 2014

Over US$30 billion will be committed in Mozambique to produce 20 million tonnes of LNG annually (mtpa), with the ports of Pemba and Palma to be redeveloped under a massive program. Mozambique's national oil company, Empresa Nacional de Hidrocarbonetos (ENH)…

RWE Dea awarded two blocks in Egypt

Sep 17, 2014

German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…

P&O Maritime buys majority stake in Spanish OSV company

Sep 17, 2014

P&O Maritime, a subsidiary of Dubai-based global marine terminal operator DP World, has acquired a majority stake in Remolcadores de Puerto y Altura S.A. (Repasa), a Spanish operator of offshore support vessels. P&O and Repasa will form a new joint-venture company under the P&O Maritime brand…

Eni finds oil in Angola

Sep 17, 2014

Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…

Noble eying 1.6bn bbl Falkland prize

Sep 17, 2014

US-based explorer Noble Energy has lined up a string of prospects in the Falklands with prospective resources totaling up to 1.6 billion barrels of oil.  The firm has been assessing 2D seismic and new 3D datasets in the south and east Falkland basin…

Rockall under new 2D spotlight

Sep 17, 2014

GeoPartners, in partnership with Seabird Exploration Multi-Client and DownUnder GeoSolutions, has announced a new multiclient 2D (MC2D) seismic project in the Frontier UK Rockall Basin offshore the north west coast of Scotland. The Rockall…

Woodside selects Lloyds for inspection

Sep 17, 2014

Woodside Petroleum has awarded Lloyd’s Register Energy a three-year global inspection contract to help ensure components and equipment Woodside procures globally meet quality expectations. Woodside is the largest independent oil and gas company in Australia…

Maersk sells Venezuela drilling unit

Sep 17, 2014

Maersk Drilling is selling its drilling barge activities in Venezuela to Barrystar Holding, an investment company based in Panama. The activities, registered in the company Maritime Contractors Venezuela (MCVSA), comprise the ownership…

Saudi Aramco selects Aqualis for rig moving

Sep 17, 2014

Aqualis Offshore, part of Aqualis, has signed a three-year rig moving services contract with Saudi Aramco for the firm's jackups in the Arabian Gulf.  Aqualis Offshore will support Saudi Aramco with rig moving services and personnel from Aqualis Offshore’s offices in the Middle East region…

Rio Oil and Gas: Brazil could become top 10 producer

Sep 16, 2014

Brazil could be poised to become one of the largest oil producers in the world, according to senior executives speaking at this year’s Rio Oil and Gas conference.  Monday’s Shell luncheon at the event offered an outlook on the changes…

Continental to sell 51% stake in Norwegian affiliate

Sep 16, 2014

Continental Energy has reached an agreement for the sale of its 51% shareholding stake in Visionaire Energy (VEN) to Norway's Visionaire Invest for consideration of US$1.2 million. VEN is a holding company which owns a 49% equity interest…

Damen delivers Fugro Pioneer

Sep 16, 2014

Fugro took delivery of the second of the three Fugro offshore coastal survey vessels (FOCSV), being built in Romania at Damen’s Galati shipyard. Fugro Pioneer Image: Damen The Fugro Pioneer is a compact…

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