BG Group hit first gas from the program’s first well at the Starfish field, offshore Trinidad and Tobago. Image of Starfish. From BG Group. Located in the East Coast Marine Area (ECMA) of Trinidad…
BG Group awarded Electromagnetic Geoservices ASA (EMGS) a US$27 million contract for 3D EM data acquisition in Uruguay. EMGS says the data acquisition is scheduled to begin around 15 December using the EM Leader vessel. The survey is expected to last three and a half months…
Brazil's Petrobras is bring its Cidade de Ilhabela floating production, storage and offloading (FPSO) vessel onstream to operate in the pre-salt Santos basin, offshore Brazil, according to partner BG Group. Cidade de Ilhabela…
Walter Simpson joins Drillsearch Energy Ltd. as chief operating officer. Image of Brad Lingo, Drillsearch managing director. From Drillsearch. The most recent role in Simpson’s 30-year career…
BG Group has said it is delaying a sanction decision on its high-pressure high-temperature (HPHT) Jackdaw project in the central North Sea. The firm said the group wanted to study more economic and lower risk development solutions for the field…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
OneSubsea signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. The agreement establishes a framework for BG to pursue a standardized approach to subsea production technology…
Statoil's CEO has resigned in order to take over UK-based BG Group as CEO on a US$2.4 million (£1.5 million) annual basic salary, plus benefits. Image: Helge Lund. From BG Group. Helge Lund has been Statoil's CEO since 2004…
BG Group has confirmed it has received a US$350 million debt repayment from the Egyptian government, reducing BG Group's domestic receivables balance in Egypt to around $1.2 billion. Egypt announced Friday it had paid off $1.5 billion of its debt to foreign oil and gas companies…
Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1…
Oil and gas engineering services business Plexus has won an order from BG Group for surface wellhead and mudline equipment services for an exploration well in the UK Continental Shelf in the North Sea. The contract is due to run for 150 days and will involve Plexus' 18-3/4” 15…
London-based Golar LNG Ltd. (GLNG) has appointed Sir Frank Joseph Chapman to the Board of Directors and as the company's Chairman, effective 19 September 2014. Sir Frank Chapman has worked 40 years in the oil and gas industry, culminating…
InterOil Corp. has appointed former BG Group chief executive officer and Shell executive Chris Finlayson as chairman-designate. Finlayson, 58, joins the board immediately, and will replace Dr. Gaylen Byker. Finlayson, who is a director of Lloyd’s Register…
Total E&P UK’s HPHT Elgin Franklin complex. Image from Total E&P UK. High-pressure, high-temperature developments are on the increase in the UK North Sea…
BG Group announced today that it has completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners. Total proceeds from the transaction…
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