OneSubsea has been awarded a £65 million contract to manufacture subsea trees for BP’s west of Shetland Quad 204 project. The Quad 204 project is a re-development of the Schiehallion and Loyal fields, involving a new floating production…
Marathon Oil is to sell its 10% interest in deepwater Block 32 offshore Angola to Sonangol for about US$590 million. The firm also announced plans to repurchase US$1 billion of its common stock and buy about 4800 acres in the core of its south Texas Eagle Ford position…
Australian exploration firm WHL Energy is to apply for an amendment to its petroleum agreement with Seychelles petroleum industry regulator PetroSeychelles, leading to renewed farm-out talks. The proposed amendment is an extension to agreed work program commitments…
The National Hyperbaric Centre in Aberdeen, Scotland has recently invested in an ‘Environmental Testing Facility’ (ETF). The new, large environmental test laboratory has been installed to simulate conditions down to -25° C for testing offshore equipment…
HRT Participações em Petróleo S.A.announced that the Moosehead-1 well, the third offshore well in its exploratory drilling campaign, is a dry hole. The Moosehead prospect is in Petroleum Exploration License 24 (PEL-24), in the Orange basin…
TGS has commenced acquisition of a 2D multi-client survey in the Chukchi Sea off the northwest coast of Alaska. The Chukchi Sea 2D 2013 survey covers about 8,000km and builds on the existing Chukchi Sea (CSR-06) survey acquired in 2006 in…
Acteon announced that it has completed the acquisition of Probe Oil Tools Ltd., which is based in Great Yarmouth, UK. Established in 1973 and still being run by its managing director, Keith Ford, Probe Oil Tools is a specialist provider of high-specification pressure-control equipment…
Petrotechnics has been awarded a €2 million contract by Teekay Petrojarl to deploy its Proscient across its global fleet. Petrotechnics will provide work management tools to support Teekay Petrojarl’s goal of creating a standardized approach to work management across their global operations…
Van Oord has ordered a new cable-laying vessel. The ship will be built at Damen Shipyards’ wharf in Romania and will be completed at the end of 2014. The ship is intended for the installation of electricity cables for offshore wind parks…
Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
Lundin Petroleum has made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km north west of the Snøhvit field, found a 75m oil column beneath a 25m gas/condensate cap in dolomitized and karstified carbonate in a Permian target…
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market…
Centrica Energy is to extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on the Centrica-operated Chestnut field, north east of Aberdeen, in the central North Sea since 2008…
BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands. The company says the well…
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