WGPSN has secured a five year contract extension to provide operations, maintenance and construction management services for asset facilities in central Africa, in a deal worth more than $140 million. The contract employs about 580 people…
Downhole-video technology company EV opened a new base in Australia. The company’s new Australian base, located in Perth, was established to aid local operations and provide a regional presence for projects in the area. Features of the…
Houston-based Enventure set a record for the longest 5.5in. SET solid expandable CHL liner. The liner was installed with zero recordable safety incidents for an operator in the Middle East. The installation was performed in a power-water injector well to repair a corroded 7in…
Shell agreed to sell its stakes in the Chevron-led Wheatstone-Iago joint venture and the Wheatstone LNG project off Western Australia. The company sold its 8% equity interest in the Wheatstone-Iago JV and its 6.4% interest in the Wheatstone…
Norway's DNO International AS has completed a farm-in by its wholly-owned subsidiary DNO Tunisia AS to the Sfax Offshore Exploration Permit and the Ras El Besh Concession in the Republic of Tunisia. The agreement, with Eurogas International Inc…
Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China…
Denmark-based MacArtney Underwater Technology Group projects record-breaking growth within its North American markets for underwater technology. This marks a key contribution to the overall strategic ambition of the MacArtney Group to double turnover between 2010 and 2015…
Petrobras awarded a US$24 million contract to Prysmian Group for downhole technology (DHT) systems. The DHT systems for offshore oil and gas extraction application will be delivered in July 2014, and will be manufactured in the Prymian Group’s facilities in Bridgewater…
Technip Norge AS has awarded Kvaerner a sub-contract for the fjord base and support services related to the upending and make-ready for mating operations of the substructure for the Aasta Hansteen spar platform (pictured at right). Kvaerner's…
Singapore-based Ezra Holdings has said it is considering listing its subsea services division EMAS AMC in the US and has appointed J.P. Morgan Ltd. as an advisor. Ezra said it was looking at strategic options, to increase its international profile and position of EMAS AMC…
Cobalt International Energy Inc. appointed Gregory S. Sills as executive vice president and chief development officer with accountability for the planning and execution of Cobalt's worldwide projects. This appointment is effective January 27…
Albwardy Marine Engineering opened the Damen Shipyards Sharjah FZE (DSS) in the Sharjah Hamryah Free Zone on 13 Jan 2014. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will…
Petronas awards integrated contracts Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three-year integrated offshore installation contract. PETRONAS awarded its Pan Malaysia Integrated…
The government of New Zealand awarded five permits for offshore oil and gas exploration in Block Offer 2013. Australia’s Woodside Energy Holdings and New Zealand Oil and Gas were jointly awarded two offshore permits-one in the Taranaki region…