Royal Boskalis Westminster N.V. (Boskalis) completed the sale of its 40% stake in Archirodon Group N.V. The possible sale was announced in November 2012 after Boskalis was approached by the party in question from the Middle East. The equity…
Eni’s CEO Paolo Scaroni, and COO of Exploration & Production Claudio Descalzi, met with Cyprus President Nicos Anastasiades in the town of Nicosia today (July 11) in order to discuss the Italian explorer’s current and future local projects…
Hudong-Zhonghua Shipbuilding Group, part of the China State Shipbuilding Corporation, was awarded a contract from GE for the supply of power and propulsion systems for six LNG carriers that it will build in its shipyard in Shanghai for major Asian shipping companies…
Fugro was awarded a three-year contract by Chevron’s subsidiary, Cabinda Gulf Oil Company Ltd., to support its development program at Block 0, off the coast of Cabinda province, Angola. The contract includes the provision of offshore…
SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, Kencana HL Sdn Bhd was awarded a three-year US $180 million contract from Trans Thai-Malaysia Sdn Bhd (TTM) to provide engineering, procurement, construction, installation, and commissioning…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. GE will supply SMS800 and DWHC 700 high capacity wellheads…
Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-ofield contract from Ithaca Energy will see WGPSN operate and deliver managed services…
ExxonMobil handed Technip a contract for Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers project management, engineering, fabrication, installation, and pre-commissioning of more than 48km of 10…
Analysis: Perspectives Independent oil companies have led the way opening new frontiers in recent years, but this may change as companies of all sizes have locked-up huge swathes of frontier acreage, creating opportunities for exploration-driven deals…
Browse Basin gas discovery Total E&P Australia discovered gas at the Bassett West-1 exploration well in WA-408-P in the Browse Basin off Western Australia state. The well is about 475km north-northeast of Broome and reached 5239m TD in 368m of water…
Lukoil Farmin African independent Taleveras agreed to farmout a 65% interest and operatorship in Ivory Coast Block CI-504 to Lukoil Overseas, a subsidiary of Russian oil firm Lukoil. Taleveras will retain 25% interest and Petroci, the Ivory Coast’s national oil company…
DNO increases Tunisia acreage DNO International is increasing its acreage offshore Tunisia and plans to drill next year. Its subsidiary DNO Tunisia AS has entered a farm-in agreement with Atlas Petroleum National des Hydrocarbures et…
Euroil, Shell farmin UK-based Ithaca Energy has agreed to farm-out deals with Euroil and Shell for several North Sea blocks. Euroil, a subsidiary of Edison International, will take a 25% interest in Ithaca’s west of Shetland licenses P1631 and P1832…
Gryphon Alpha FPSO Maersk Oil’s vessel, stationed about 280km northeast of Aberdeen in the North Sea, has undergone a major dry dock overhaul, while infield subsea infrastructure was removed and replaced. A 4D seismic survey and near-field drilling was also done over the area…
FloaTEC mates P-61 modules FloaTEC Singapore Pte Ltd. mated the topsides and hull of Petrobras P-61, Brazil’s first tension-leg wellhead platform (TLWP) near the BrasFELS yard in Angra dos Reis, southern Rio de Janeiro state, Brazil…
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