ExxonMobil said on Thursday it will sell its Norwegian upstream oil and gas assets to independent exploration and production company Vår Energi for $4.5 billion as part of an ongoing large-scale global divestment plan.The deal, which is expected to close in the fourth quarter…
After a disappointing well-drilling venture offshore Namibia in the fourth quarter of 2018, Guernsey-registered hydrocarbons exploration and production company Chariot Oil & Gas has no immediate plans for additional exploration wells in this driest country in Sub-Saharan Africa…
Archer said it has secured a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.The firm contract commitment is for permanent plugging and abandonment of two wells and recovery of conductors…
Subsea 7’s Life of Field business unit i-Tech 7 said it has completed a subsea decommissioning and abandonment project for LLOG Exploration Co. in the Gulf of Mexico, using its smart skid technology.Seeking better ways to flush three flowlines…
Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…
The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…
Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…
Oil and gas group Wintershall DEA is considering exiting Libya following a clash with the country's National Oil Corporation (NOC) over licences, German daily Handelsblatt reported on Wednesday.Wintershall DEA's Chief Executive Mario Mehren and Hans-Ulrich Engel…
Oil and gas company Hague and London Oil (HALO) said it has reached an agreement to acquire a group of assets in the Dutch and UK sectors of the North Sea from ONE-Dyas (OND).These interests consist of 7.9% of the Sillimanite Development Unit…
Heavy transportation and lifting specialist ALE said it has been awarded a steel catenary riser (SCR) and umbilical pull-in contract by Subsea 7 USA. The scope of work included in this contract is for engineering, procurement, fabrication and offshore pull-in operations in the US Gulf of Mexico…
Offshore engineering solutions provider James Fisher Offshore (JFO) said it will establish bases in Saudi Arabia and Dubai in a move to deliver efficiencies across multiple regional projects through an enhanced Middle Eastern footprint.The UK…
Whatever the state of gas markets, new Norway operators keen on the commodity as cheap energy for millions of their citizens or as lynchpin of a new chemicals industry are pressing ahead taking organizational hiccups in-stride.That’s the case of Polish gas player…
Shearwater GeoServices said it has been awarded a contract for combined 3D and 2D seismic survey in Southeast Asia for the SW Vespucci Multi-Purpose Vessel (MPV).The contract covers an area of 1,600 square kilometers for 3D seismic with associated 2D work to be executed over a 1…
Subsea monitoring specialist Sonardyne International said its long-endurance sensors will be used by Shell during a 10-year seabed subsidence monitoring campaign at Norway’s second largest gas field. the Ormen Lange .Setting out to continuously…
Oilfield services provider Weatherford said it has signed a $220 million, three-year contract with the Abu Dhabi Company for Offshore Petroleum Operations Limited (ADNOC Offshore' to provide directional drilling services for the stated goal…