With the latest seismic and drilling technologies, the Cardamom development is expected to deliver new production from the deep waters of the Gulf of Mexico to existing infrastructure. Nearly two decades after setting a world water-depth record for drilling and production…
GE Oil and Gas will establish its new global headquarters in London. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a more than US $6 billion business and a key manufacturing and engineering…
MAN Diesel & Turbo won the contract to supply the engines for six Chinese LNG carriers (LNGCs). The order for the 30 × MAN 51/60DF dual-fuel engines is a significant development for both Chinese shipyards as well as the LNGC market. The…
Aker Solutions won a contract to supply a complete Pusnes wire mooring system for a cylindrical-shaped accommodation unit being built at Cosco Nantong Shipyard in China. The equipment includes three triple wire winches, three control cabins…
Clariant opened a new R&D Laboratory for Catalysts for Chemicals and Oil & Gas industries. Located in the company’s largest manufacturing plant of Latin America, in Suzano (Brazil), the laboratory begins operations with a complete infrastructure…
Occidental Petroleum Corp. of Qatar (Oxy Qatar), and Qatar Petroleum signed a deal on the Phase 5 field development plan (FDP) regarding the Idd El Shargi North Dome (ISND) offshore Qatar. Both companies plan to maintain the field’s output of about 100…
Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation…
ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries. Reservoir operates five segments: Coring…
Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…
London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…
Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…
BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig. The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…