MultiClient Geophysical (MCG) has announced an extension of the multi-client 2D (MC2D) Barents Super-Tie towards the east into the newly opened Barents South East (former Disputes Zone between Norway and Russia). The new lines will tie…
UK-based drilling rig operator Awilco says the UK North Sea floating drilling rig market is close to sold out until mid-2015. Announcing its Q1 results, the firm said due to the sustained “high” oil price and increased operator financial discipline…
Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…
Talisman Sinopec Energy UK's managing director Geoff Holmes left the busines with immediate effect, yesterday, with the firm's executive vice-president Europe-Atlantic Paul Warwick taking over the job in an interim role (pictured). Talisman…
Petrobras began production from its P-62 platform at the Roncador field, in the Campos Basin, off Brazil, the company announced on 12 May. The 111sq km Roncador field is located in a water depth of 1800m and is divided into four modules with differing API densities…
On Saturday, 10 May 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9990m (6.2mi.) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working…
It has been less than a year since Mexico’s landmark energy reform, but the effects of this major restructuring on one of the world’s largest economies are already being observed. Gustavo Hernandez Garcia, acting director of E&P, Pemex,…
A billion kroner fund from the Danish Underground Consortium (DUC) will target future oil and gas production from the Danish North Sea and potentially create research opportunities for up to 100 scientists. Based at Denmark’s Technical University (DTU) in Lyngby…
A 3D seismic survey over offshore oil mining license (OML) 113 in Nigeria, covering 1045sq km, using the Polarcus vessel MV Polarcus Nadia, has completed, says Panoro Energy. Data acquisition started March 24, and completed May 9. The…
Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication…
Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…
CIMC Raffles at Yantai delivered the jackup rig Gulf Driller No.1 to ship owner COSL, the company announced 10 May 2014. CIMC Raffles said the jackup is expected to set out for the Bohai gulf. The Super M2 jackup rig was designed by…
After nine years with Paolo Scaroni serving at the helm of Italy’s Eni S.p.A., the company’s board of directors appointed his successor: Claudio Descalzi (pictured), chief operating officer of Eni’s Exploration and Production division since 2008…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
CNOOC Ltd began production at its 100%-owned Kenli 3-2 oilfields, the company announced on 12 May 2014. The Kenli 3-2 oilfields, located in the southern Bohai Sea at an average water depth of 20m, consists of Kenli 3-2, Bozhong 34-6/7…