Private investment firm Elliott Management will provide US$500 million in funding to newly established Edge Petroleum AS’s management team. Norway-based Edge will focus on building a portfolio of oil and gas fields in the development phase…
Woodside Petroleum is accusing Far Ltd. of not supporting its arrangement to undertake development work at the SNE oil field offshore Senegal, however Far has responded fairly quickly, disputing Woodside’s claim. Map of SNE…
Sapura Energy Berhad (SEB) has been awarded contracts with a combined value of about US$206 million (RM879 million) offshore Myanmar, Brunei, India, and Australia from several companies including PTG, Shell, ONGC, and PTTEP. Off Myanmar…
In Statoil’s 2017 Energy Perspectives report, the Norwegian giant says that immediate action is needed to transform the global energy system. Image from Statoil. Statoil is expecting substantial changes in the global energy mix…
CGG has delivered the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico's prolific Perdido fold belt to the Comision Nacional de Hidrocarburos (CNH) and the industry. The final reverse time migration (RTM)…
Tullow Oil is planning a 2550sq km 3D seismic survey on the Orinduik Block offshore Guyana, close to ExxonMobil's giant Liza discovery with plans to drill on the block as early as next year. According to partner Eco Atlantic Oil & Gas…
MAN Diesel & Turbo has agreed to acquire a 40% participation in Candian company Aspin Kemp & Associates (AKA). AKA based in Montague, Prince Edward Island (PEI), which specializes in power supply, energy management and drive systems for marine applications…
Hyperdynamics’ wholly owned subsidiary SCS Corp. (SCS), and South Atlantic Petroleum (Sapetro) have completed the closing of their farmout agreement, becoming full 50/50 partners in the production sharing contract (PSC) with the Republic of Guinea…
AkerBP has started plugging operations at the Valhall field, in what the company is calling a pioneer project that involves fully powering the Maersk Invincible drilling rig from shore. Image of…
Total will expand its deepwater exploration and production efforts to Ireland’s offshore after entering options to acquire interests and operatorships in southern Porcupine Basin licenses. Image: Providence…
The Norwegian Petroleum Directorate (NPD) on Wednesday granted Statoil Petroleum AS the exploration drilling permit for the Kayak prospect in the Barents Sea. Statoil will use the Songa Enabler to drill wildcat well 7219/9-2 in production license 532…
Norway’s Petroleum Safety Authority (PSA) has given Statoil the go-ahead to drill the Carmen prospect in the Norwegian Sea. Statoil will use the semisubmersible Deepsea Bergen to drill Carmen, located on Block 6507/8 in 358 m of water at Haltenbanken…
Decades of life yet are left in the UK North Sea, but it's still all about reducing costs and finding more efficiencies, including through use of data. Industry leaders gave these views at Oil & Gas UK’s Oil and Gas Industry Conference…
Fugro Venturer. Image from Fugro. With a maiden voyage that takes her to the deepwaters of Ireland’s Atlantic margin and the far North of the Barents Sea, the Fugro Venturer is the newest of Fugro’s successful purpose-designed…
Harke Jan Meek. Image from IMCA. The International Marine Contractors Association (IMCA) has appointed Harke Jan Meek, chief commercial officer at Heerema Marine Contractors as its new president and chairman of the board…
Subscribe
