First gas from the Hummer development offshore Louisiana is expected in mid-2017, says partner Petsec Energy. The firm, which holds 12.5% interest in Hummer, said a production test on Main Pass Block 270 #3 BP 01 discovery well (initially…
The first offshore wind farm to deliver energy to the American power grid is now operational, owner Deepwater Wind said this week. The turbines have now completed commissioning and testing and started commercial operations. Energy produced…
Dutch maritime transport firm Boskalis has dropped its stake in fellow Netherlands-headquartered firm Fugro down to 9.38%, the company announced today (13 December). The news is likely welcomed by Fugro, which has been at odds with Boskalis…
ALE is approaching the final stages of its load-out operations for the Upper Zakum 750 Island Surface Facilities (UZ750) Project, based 84km offshore, northwest of Abu Dhabi, UAE. The heavy lifting contractor secured the scope to deliver almost 100 different modules to the north…
RINA Indonesia, in consortium with PT Depriwangga, has been awarded a contract by Chevron Indonesia to provide QA/QC inspection services as part of the offshore Bangka Field development project. The Bangka Field is located approximately…
DeepOcean was awarded a contract from Statoil for survey and light construction services in 2017. Image of the Superior ROV, from DeepOcean. Offshore work will be undertaken in 2017 with a vessel from DeepOcean’s in-house fleet…
Delek Drilling and Avner Oil, part of the Leviathan partnership with Noble Energy, has approved the development plan for the mega-discovery, offshore Israel, the two announced today 12 December. The decision paves the way to Leviathan's final investment decision (FID)…
A new study by Wood Mackenzie on what to expect from global oil and gas exploration in the year ahead, Global Exploration: What to look for in 2017, shows that exploration should return to profitability in 2017, after five years of only single-digit returns…
Faroe Islands-based Atlantic Petroleum is to take over as operator of the Orlando and Kells licenses in the UK North Sea following operator Iona Energy going into administration. Orlando and Kells are in UK North Sea licenses P.1606 and P…
Russia's Rosneft is to take a 30% stake in the Shourouk Concession, offshore Egypt, containing the supergiant Zohr gas field. Rosneft will pay operator Eni US$1.125 million and a share of past expenditures, which amount so far at about $450 million…
Private equity backed explorer Azinor Catalyst has agreed to acquire 50% interest in license P2243 on the UK Continental Shelf from Zennor North Sea. The license contains Block 14/17a and is adjacent to Azinor’s Partridge license P.1989…
Independent Oil and Gas (IOG) has submitted a field development plan (FDP), in draft format, for the Blythe gas field to the Oil and Gas Authority (OGA). The Blythe field, 100% owned and operated by IOG, is in the southern North Sea…
French independent Perenco has acquired a 70% interest in the Teak, Samaan and Poui Block (TSP) in Trinidad and Tobago. The interest in the fields, offshore south east of Trinidad, has been bought from Repsol E&P T&T, a subsidiary of Spain's Repsol…
DSME and Kongsberg Maritime entered into joint development agreement (JDA) to develop a new liquefied natural gas (LNG) floating storage and regasification unit (FSRU) control system Image of Wean…
Allseas and Nord Stream 2 signed a letter of intent (LOI) covering the offshore pipelay work for the Nord Stream 2 Pipeline through the Baltic Sea, marking the second major pipelay project that the Dutch heavy weight has entered this week…