Farmin Agreement News

 

Sevan Marine in UK FPSO deals

Dec 18, 2015

Following the participation in front-end engineering and development (FEED) work over past several months, Sevan Marine has announced that it has signed two agreements related to the FPSO prospects in the UK North Sea. The first agreement…

Aker inks BP frame agreement

Nov 26, 2015

Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also…

Premier inks Subsea 7 frame agreement

Nov 11, 2015

Subsea 7 has signed a long-term partnership frame agreement with Premier Oil to provide concept engineering, front-end engineering and design, subsea umbilicals, risers and flowlines project execution and life of field operations, on a preferred supplier basis…

Schlumberger, Ikon Science in software agreement

Nov 09, 2015

Schlumberger and Ikon Science has announced an agreement to further develop the existing quantitative seismic interpretation capability in the Petrel exploration and production software platform. The collaboration will make high-value seismic…

Centrica inks Subsea 7, Aibel, DNV GL frame agreements

Oct 30, 2015

Centrica signed a string of partnership agreements with three suppliers - Subsea 7, Aibel and DNV GL.  The firm says it is looking to create a strategic partner alliance (SPA) model covering all phases of project execution, with duration…

EMEC inks Chinese agreement

Oct 21, 2015

The European Marine Energy Centre (EMEC) based in Orkney, Scotland, has strengthened its ties with China having signed a Memorandum of Understanding with organizations based in Qingdao to support the development of a marine energy test site in the area…

EMGS, BOA ink charter agreements

Oct 02, 2015

Electromagnetic Geoservcies (EMGS) signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2015. The Galatea and Thalassa vessels…

FAR ups Senegal stakes

Sep 24, 2015

Africa-focused explorer FAR has agreed a farm-in option deal with Trace Atlantic Oil on the shallow water Djiffere block offshore Senegal, containing at least one lead potentially containing 100 MMbbl, says FAR.  Djiffere sits adjacent to the prospective Rufisque…

Providence inks Schlumberger collaboration agreement

Sep 21, 2015

Ireland-based explorer Providence Resources has signed a strategic and incentivised exploration collaboration agreement with Schlumberger in respect of the southern Porcupine and Goban Spur Basins, in which Schlumberger will underpin Providence’s…

Noble: Israeli framework agreement imperative

Sep 03, 2015

US-based Noble Energy says it is imperative that the Israeli government follows through with and approves a framework agreement to develop Leviathan and Tamar, which was presented to the Knesset yesterday (2 September). Map of Israel…

MZ-1 offshore Morocco dry for Freeport

Aug 11, 2015

Freeport-McMoRan's MZ-1 deepwater exploration well offshore Morocco has reached total depth without finding oil, according to partner Pura Vida Energy. The well, on the Mazagan permit, was drilled through the three prognosed Jurassic…

Red Emperor receives farm in approval

Jul 27, 2015

Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company’s 15% working interest in Block SC55 has been granted…

Tendeka, Eternal Asia sign two-year AICD agreement

Jul 24, 2015

Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China…

IOG, Baker Hughes remapping agreement extended

Jun 26, 2015

Independent Oil and Gas (IOG) is extending its seismic remapping agreement with Baker Hughes’ Reservoir Development Services (RDS) group to better understand resource potential for its Blythe and Cronx/Elgood projects in the Southern North Sea (SNS)…

Staatsolie, Apache sign PSC agreement

Jun 25, 2015

Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and  production phases…

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