Martin Linge field illustrationTotal picks Technip for Martin Linge topsidesTechnip, leader in a consortium with Samsung Heavy Industries (SHI), was awarded by Total E&P Norge, a contract for the Martin Linge development project located approximately 180km west of Bergen…
Svane license to expire due to drilling costsDONG and its partners have decided not to pursue the drilling of an appraisal well at Svane field, opting instead to let the 04/98 Svane license to expire on 1 January 2013.DONG said the decision was based on detailed technical evaluations…
Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department…
An ROV surveys accident site in OctoberInvestigators unable to find source of sheenInvestigators have been unable to locate the source of a sheen spotted near the Deepwater Horizon accident site, the Federal On-Scene Coordinator announced on 18 December 2012…
Class societies unite under name DNV GL GroupAn agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world's leading ship classification societies and risk experts in the oil and gas…
Mondo FPSOOceaneering wins umbilicals supply off AngolaOceaneering has picked up an umbilicals supply contract for the Kizomba Satellites Phase 2 development offshore Angola, the company announced on 19 December 2012.ExxonMobil subsidiary…
Jim McGowinTAM International, Inc., an independent oilfield services company providing inflatable and swellable packers, is pleased to announce the appointment of Jim McGowin to general manager of TAM Completion Systems, a subsidiary of TAM International…
Wartsila will design six new ships for COSL Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two…
Technip's G1200 vesselTechnip joins GOM platform junction project Williams Partners and DCP Midstream awarded Technip a pipeline installation contract for their 60-40 owned Discovery System in the U.S. Gulf of Mexico, Technip announced on 17 December 2012…
ExxonMobil acquires 75% stake in Durban BasinTugela South Exploration RightExxonMobil is set to explore the deepwater Durban Basin offshore South Africa after acquiring 75% stake in the Tugela South Exploration Right, the company announced on 17 December 2012…
Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…
Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…
ExxonMobil Exploration and Production South Africa Ltd. will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of Impact Oil & Gas Ltd…
Process industry software provider Aspen Technology, Inc. announced the release of aspenONE V8 software. aspenONE V8 delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier this year) integrated within Aspen Plus…
President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…