Italy's Eni has discovered gas at the Nooros exploration prospect in the Abu Madi West license, in the Nile Delta, offshore Egypt. Preliminary estimates of the discovery account for a potential of 15 Bcm of gas in place with upside, plus associated condensates…
GDF Suez' Cygnus Alpha compression module (ACM) sailed away from Heerema Fabrication Group's Hartlepool facility on the night of 20 July, marking the completion of last of four main structures built at the facility for the Cygnus development…
Chevron information technology teams from around the world put their stamp on Jack/St. Malo, providing the technical support that helped the major capital project achieve first oil in the deepwater US Gulf of Mexico (GOM), reports the company…
Halliburton’s 2Q 2015 results have the company in the red, with a 16% drop in its total revenue, compared to 1Q 2015, that the company says is due to the industry’s recent downturn. Image from Halliburton…
Chinese shipbuilder, SINOPACIFIC Shipbuilding Group won the bid for the construction of nine anchor handling tug supply (AHTS) vessels for Abu Dhabi National Oil Co. (ADNOC) and its wholly owned subsidiary, ESNAAD. The design that won the bid is the SPA80A…
Vallianz Holdings has chalked up another major string of contracts in the Middle East, taking its 2015 order book to over US$1 billion - a record for the fast growing firm. The latest contracts for Singapore-based Vallianz, which provides…
UK-based Cluff Natural Resources says it has made 'significant progress' on its plans for exploration drilling in southern North Sea licenses. The company was formed to exploit underground coal gasification (UCG), but it is also exploring for natural gas in the southern North Sea…
Image: Heydar Aliyev/Maersk Drilling Maersk Drilling has been awarded a five-year contract extension for the semisubmersible Heydar Aliyev rig with BP Exploration (Shah Deniz) acting as operator of the Shah Deniz field…
The weak oil market is causing a restructuring at Wärtsilä’s Ship Power business that will result in rebranding the company and a loss of 600 jobs that will ultimately save Wärtsilä approximately US$43 million (EUR 40 million) annually. Image…
The Bureau of Safety and Environmental Enforcement (BSEE) inspected Shell’s drilling rigs for its US$1 billion Arctic drilling program, the Noble Discoverer, Polar Pioneer and the Fennica icebreaker vessel in Alaska. Pre…
The International Association of Drilling Contractors (IADC), along with seven other oil and gas industry trade associations, submitted a joint letter today to the Bureau of Safety and Environmental Enforcement (BSEE) with comments on the…
Houston-based ConocoPhillips terminated its order for the recently delivered Ensco DS-9 deepwater drillship in concurrence to its plans to reduce future capital expenditures in deepwater exploration. The Ensco DS-9…
Wood Mackenzie has evaluated the competitive position of the three largest Russian oil and gas producers at US$60/bbl oil and their strategic action taken to date. In 2014, the Russian majors' share price performance was hit harder by…
Irish offshore explorer Providence Resources says recent seismic has offered promising data on the Diablo Ridge ridge prospect in the southern Porcupine Basin. Diablo Ridge is in frontier exploration license (FEL) 2/14 in the southern Porcupine Basin…
Image: Hummer drilling operations/Petsec Energy Castex Offshore Inc. commenced drilling the Main Pass Block 270 #3 well. The exploratory well is being drilled in federal offshore waters on Petsec’s Hummer prospect…