GAC Russia is upgrading its supply base at the port of Novorossiysk to support offshore oil & gas exploration and extraction in the Black Sea. GAC Russia has already signed contracts to provide supply base support for operations from Novorossiysk on the northeastern Black Sea coast…
Walter Cruickshank was named acting director of the Bureau of Ocean Energy Management (BOEM), part of the US Department of the Interior. He replaced departing chief Tommy Beaudreau, who became Interior Secretary Sally Jewell's chief of staff on 5 May…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Delivery of the Goliat floating production, storage and offloading (FPSO) platform has been delayed until early 2015, operator Eni Norge announced today. Eni said that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014…
Alimak Hek Group AB is buying the offshore operations of Heis-Tek, a Norwegian specialized traction elevator company, focused on tailored vertical access solutions to the oil and gas industry. “This acquisition will allow us to become…
East of England based Proeon Systems has won two orders worth a combined £650,000 from a leading subsea contractor as part of the development of a new well intervention vessel. The award will see Proeon develop a subsea intervention control system…
Drilling rig giant Transocean says it has picked up new contracts worth about US$953 million since 17 April. Giving its fleet update report, the firm said other highlights include: Dhirubhai Deepwater KG1 drillship - Awarded a three year contract offshore Brazil at a dayrate of $440…
Energean Oil & Gas and Mediterranean Oil & Gas have jointly submitted a bid for the exploration and production of hydrocarbons in three areas offshore Montenegro, as part of the country's first offshore licensing round. The First Round…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
Natural gas production has started from the South Belut gas field in the South Natuna Sea, ConocoPhillips-operated block B in Indonesia, says partner, Japan’s Inpex. Block B is about 1200 km north of Jakarta, the capital city of Indonesia…
SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…
The Eldfisk 2/7 S topside left Kvaerner's yard at Stord, Norway, today, bound for its installation site at Eldfisk, about 300km from Norway’s coastline (pictured). The Eldfisk 2/7 S topside consists of one combined living quarter and utility module and a combined process and wellhead module…
Rosneft's President and Chairman of the Management Board Igor Sechin met with Fu Chengyu, Chairman of China Petroleum and Chemical Corp (Sinopec) in Beijing today, 15 May 2014. Rosneft reported that the parties discussed a wide range…
The Intervention & Coiled Tubing Association’s European Chapter (ICoTA) will examine the role of wireless communication technology and its benefits in well intervention at its next lunch and learn session on 20 May. The presentation,…
DOF Subsea has been awarded several contracts, worth NOK 475 million (c.US$80 million) in total, across Asia Pacific, the Atlantic region and North America. In the Asia Pacific region, DOF Subsea has been awarded several contracts, including IMR services and subsea installation work…