Middle East and North Africa focused oil and gas exploration and production firm Circle Oil is the latest to announce it has received a debt repayment from the Egyptian government. The company received US$15 million, as part of the recent…
Controls, instrumentation, monitoring and handling systems firm EFC Group has been awarded contracts with major oil and gas drilling contractor companies to the value of £3.65 million. The company has already completed two BOP control system contracts with Ensco worth more £1…
Offshore aluminium support system provider Alphastrut has been awarded a six figure contract with Det norske to provide raised access flooring on the Ivar Aasen Northern North Sea development. The Alphastrut system will cover a total…
McDermott International has completed the installation of a 3086-ton central processing platform (CPP) topside using the tight-slot floatover method in the Kepodang gas field, Muriah Working Area, offshore Indonesia for Petronas subsidiary PC Muriah…
Statoil is hoping to extend the life of the Norwegian Sea Norne field to 2030 - more than 15 years after it was originally scheduled to be shut down. The Norway-based operator says the field life will be extended by tying in new discoveries in the area…
Houston-based deepwater focused oilfield services firm Deep Down, Inc. has won a large order for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and deployed in the Gulf of Mexico by Q1 of 2016…
EMAS AMC's subsea division EMAS has secured a subsea construction contract for its newbuild flagship vessel with Apache Energy in Australia valued worth more than AUZ$130 million (approximately US$105 million). The work scope includes project management…
2H Offshore teamed up with oil and gas industry leaders to develop a new design guideline for thermoplastic composite pipes (TCP) to advance the understanding and use of composite materials in the offshore industry. The joint industry…
Petrobras spud the second appraisal well at its Carcará pre-salt discovery in the Santos Basin south of Rio de Janeiro, partner Queiroz Galvão announced on 8 January 2015. Queiroz Galvão said Odebrecht Oil & Gas' ODN II drillship, equipped for managed pressure drilling…
Lundin Norway received consent from the Petroleum Safety Authority of Norway (PSA) for exploration drilling at the Gemini prospect in the Central North Sea. The Island Innovator. From Island Drilling…
The Petroleum Safety Authority of Norway (PSA) is extending BP Norge’s use of the Valhall drilling platform (DP) and production and compression platform (PCP) facilities until 31 December 2023. Valhall field…
Bjarte H. Bruheim has been appointed the new CEO of EMGS, effective 7 January, following the board's decision to accept current CEO Roar Bekker's resignation. Bekker served as CEO since May 2009, and prior to that role, served as Chief Operating Officer since 2007…
A unique and long-awaited sight arrived at one of Europe's busiest ports today - Allseas' 382m-long, 124m-wide platform installation/decommissioning and pipelay mega-vessel Pieter Schelte. The giant €2.2billion, twin-hull vessel left…
Nigeria-based Seplat Petroleum Development confirmed Afren’s “highly preliminary approach” regarding a possible merger of the two companies made on 22 December. Image from Afren. In a statement released by Seplat…
Eni Angola S.p.A and subsidiaries of Ocean Rig UDW entered into an agreement to extend the contract for the drillship Ocean Rig Poseidon by one year until 2Q 2017. According to the agreement, Ocean Rig agreed to adjust the existing day…