Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad’s wholly-owned subsidiaries, Armada Offshore OSV Ltd. and Bumi Armada Ltd. received letters of award (LOA) from Interoil Angola Limitada, a leading player…
Wison Offshore & Marine will supply a barge-based floating LNG regasification unit (FRU), to be installed offshore India, for New Jersey-based Vessel Gasification Solutions (VGS). Under the agreement, Wison affiliates will be responsible for the turnkey engineering…
Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— announced signed a three-year lease with one-year options with the Port of Gulfport…
Houston-based MicroSeismic Inc. purchased the US assets of Calgary-based Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition services. The…
Electromagnetic Geoservices ASA signed a global framework agreement with Shell International Exploration and Production B.V. for the provision of consultancy services. The range of services covered by the agreement includes survey planning/modeling…
Cobalt International Energy, Inc. announced the first discovery in the Syn-rift interval in the Bicuar 1A pre-salt deepwater exploratory well in Block 21, offshore Angola. The well was drilled to 5739m meassured depth and encountered…
Iceland’s National Energy Authority, Orkustofnun, granted a license for the Dreki area to CNOOC Iceland ehf, Eykon Energy ehf, and Petoro Iceland AS in the third and final round for the region. CNOOC Iceland, subsidiary of CNOOC International ltd…
Cameroon's state oil company National Hydrocarbons Corp. (SNH) announced that it will offer a licensing round for four blocks, three offshore: Bomana, Lungahe, and Ndian River, all in the Rio Del Rey basin. The Bomana block covers 139…
Circulation Solutions, LLC, a drilling and completion products company, specializing in lost circulation and other completion problems, recently acquired the assets and intellectual property of RAMP Chemicals, LLC based in Laredo, Texas. The acquisition…
The finalists for the annual Subsea Awards have been revealed with a mix of small start-ups and large, multi-nationals in contention for recognition during Subsea Expo. The winners will be announced at the gala dinner on Wednesday, February 5…
Downhole-video technology company EV opened a new base in Australia. The company’s new Australian base, located in Perth, was established to aid local operations and provide a regional presence for projects in the area. Features of the…
Houston-based Enventure set a record for the longest 5.5in. SET solid expandable CHL liner. The liner was installed with zero recordable safety incidents for an operator in the Middle East. The installation was performed in a power-water injector well to repair a corroded 7in…
Shell agreed to sell its stakes in the Chevron-led Wheatstone-Iago joint venture and the Wheatstone LNG project off Western Australia. The company sold its 8% equity interest in the Wheatstone-Iago JV and its 6.4% interest in the Wheatstone…
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China…
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