Subsea 7 awarded Trelleborg’s offshore unit a contract for phase two of the Erha North project, off Nigeria. Under the contract, Trelleborg will supply several tonnes of its high-temperature advanced silicone insulation solution, Vikotherm S1…
Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1…
California-based Teledyne Technologies' Oil & Gas group has been awarded a contract by Aker Solutions for materials and engineering support covering subsea electrical and optical wet-mate interconnects for Total's Kaombo develpoment offshore Angola…
ExxonMobil CEO Rex Tillerson (pictured) said on Thursday that the Ebola virus has disrupted plans to drill off Liberia, Reuters reported. Plans to drill the Mesurado-1 wildcat, located in block LB-13, were delayed in July, according to partner Canadian Overseas Petroleum Ltd…
3D or additive printing has caught the world’s imagination—with the potential for human bone replacements and even bio-ink being mooted. Elaine Maslin found out more. Maersk Oil’s digital core laboratory in Qatar…
Aberdeen-based Adept Solutions secured three contracts worth a total of US$2.4 million in West Africa. With the three contracts, Adept will implement its hydrocarbon accounting system, Axis, as part of projects on behalf of the Nigerian Petroleum Development Co…
BG Group is now sitting on more than 17Tcf of gas offshore Tanzania after its latest discoveries in the Kamba-1 well in Block 4, according to partner Ophir Energy. The well, drilled using the Deepsea Metro I drillship in 1379m water depth…
Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months…
According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…
CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC The…
CGG has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. The agreement will see CGG launch a new multi-client survey program to acquire 35,000sq km of BroadSeisTM…
Eni scooped up three new exploration licenses in Egypt as a result of the 2013 Egyptian General Petroleum Corp. (EGPC) and the Egyptian Natural Gas Holding Co. (EGAS) international licensing bid rounds. Two of the three blocks are located…
Nalco Champion and BP plc representatives recently participated in a contract signing event to officially commemorate a new chemical managed services global framework agreement (GFA) between the two companies. The 10-year GFA was awarded to Nalco Champion at the beginning of Q2 2014…
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…
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…