The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek. For the first three years of the seven-year contract…
Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco’s offshore program. Under the terms of the contract, KBR will provide project management and engineering…
GE Oil & Gas announced the booking of an US$850 million order across its oil and gas business for the supply of equipment to the Offshore Cape Three Points (OCTP) block, Ghana. The OCTP block is located in offshore Ghana at a water depth of 500-1100 meters…
In this video, Eni shows the Goliat’s voyage from Korea to the Barents Sea. Eni’s operated cyclindrical floating production, storage and offloading (FPSO) platform was built in South Korea and is now operating in the Barents Sea…
Phase 12 of the giant South Pars gas field has been brought online in a ceremony involving Iranian president Hassan Rouhani. Phase 12, described as the biggest phase of the development of the South Pars field, officially launched operation…
Following up on last week's article on companies bracing for bankruptcies within the oil and gas industry, OE's Managing Editor Audrey Leon spoke with Charles Kelley and Robert Gray, Houston-based attorneys with law firm Mayer Brown to discuss the downturn in oil prices…
Petrobras started production from the P-61 platform at the Papa Terra heavy oil field, offshore Brazil, the operator confirmed on 16 March. The P-61 is a tension leg wellhead platform (TLWP), the first of its kind to be installed offshore…
Eni made a significant gas discovery offshore Libya and found more gas than anticipated at its Merakes-1 well offshore Indonesia. Libya find Eni activity in Libya. From Eni. Eni…
Statoil awarded Coor Service Management a US$134 million five-year contract to provide offshore facility services on the Statfjord and Snoore fields. The Statfjord A. From Statoil. The…
Statoil and its partners temporarily halted drilling on the Veslefrikkin field in the North Sea. The Veslefrikkin field. From Statoil. Veslefrikk lies in Norwegian North Sea block 30/3 in production license 052…
GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean. Well 22/16-6 flowed at rates in excess of 8000…
Petrobras began early production at the deepwater Búzios field offshore Brazil. The Dynamic Producer. From Sembcorp Marine. Búzios is located in the Santos basin, about 200km off the coast of Rio de Janeiro…
New analysis by Wood Mackenzie looks at Mexico's Round One shallow water opportunities, a licensing round that includes nine shallow-water fields with a total of 356 MMboe of 2P reserves. These fields, which have not yet been put into production…
While most oil and gas operators and service companies are reducing expenses to keep costs down, some companies are beginning to falter due to financial distress. This month alone, two Houston-based companies, BPZ Energy (which trades under the name BPZ Resources) and Cal Dive International…
Premier Oil’s Pelikan is onstream after gas production began from the field, offshore Indonesia. Map from Premier Oil. The Pelikan field is located in the Natuna Sea Block A and has 75 Bcf of reserves…