Electromagnetic Geoservices (EMGS) will return to Mexican waters for Petróleos Mexicanos (PEMEX) to continue a 3D electromagnetic (EM) acquisition that was part of a 2013 contract between the two companies. The BOA Galatea…
Fugro and the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs, have signed two contracts to investigate the Borssele wind area, off the Zeeland coast. The work scope includes measuring meteorological…
UK well services contractors have predicted they will suffer a 23% drop in revenues in 2015 as they to feel the full effects of the downturn in oil prices. The drop in 2015 revenues would follow a mere 1% increase in revenues in 2014…
UK-based ASCO Group is to provide supply base services for Austrian operator OMV's operations in the Norwegian Sea and Barents Sea. The contract, ASCO's first with OMV, will last three years from 1 January 2016 with two, one-year option periods…
Petrofac has been selected as duty holder for newly appointed southern North Sea Sean field operator Oranje-Nassau Energie (ONE), as of 1 June. Dutch operator ONE made its first step into UK waters when it bought a 50% stake in and took…
Lundin's Morkel exploration well in the Norwegian sector of the North Sea has made a small but uncommercial discovery. The well, 33/2-2 S in production licence 579, was drilled about 40km northwest of the Snorre field, 180km west of Florø…
North Sea-focused Independent Oil and Gas (IOG) signed a sale and purchase agreement to acquire the 50% of license P1609 containing the Skipper discovery from Alpha Petroleum Resources (Alpha). This transaction will result in IOG’s independently verified 2C resources increasing by 13…
BOURBON completed laying 30 tons of submarine cable as part of the Sabella D10 project off the island of Ushant, part of Brittany, France. The cable will link the Sabella D10 tidal turbine to the Ushant power grid. Utilizing a Falcon series ROV and the support vessel Argonaute…
In response to nine years of consistent growth, Subsea Solutions expanded Brazilian operations with the opening of a subsea well-control equipment training center in Barra da Tijuca. Classes are scheduled to start 30 June 2015. The…
Novatek Gas & Power and Engie finalized a long-term contract for the supply of liquefied natural gas (LNG) from the Yamal LNG project. Yamal LNG. From Novatek. The 23-year contract…
Accurate allocation measurement results are a key financial and commercial driver for exploration and production companies. Yet despite limited evidence of the performance of Coriolis and ultrasonic flow meter technology, they are being…
A drilling exploration program is set to begin at Cambodia Offshore Block D offshore Thailand, after a project cooperation agreement was signed between subsidiaries of Mirach Energy and Landocean Energy. Map of Block D…
UK engineering Costain has been selected to work in a project to identify UK offshore CO2 storage sites as part of a project commissioned by the Energy Technologies Institute (ETI). The 12-month project started in May and is funded by the Department of Energy & Climate Change (DECC)…
The Underwater Technology Foundation (UTF) has picked Tracerco as the winner of its first UTF Subsea Project Award. The firm, which has developed the Discovery under water CT scanner, which recently performed its first commercial trials in deepwater Gulf of Mexico…
Tullow Oil is looking to drill on its Block C-10 acreage offshore Mauritania in 2016, according to Sterling Energy. Sterling, which has just agreed to acquire a 13.5% stake in Block C-10 says Tullow has identified a drill-ready Neocomian…