ANP, Brazil's National Petroleum Agency, announced the winners of its 11th Licensing Round - the first round since 2008, which was held on 14 May 2013 in Rio de Janiero. The agency said there was record interest in the round with 39 companies from 12 countries participating…
The Government of the United Republic of Tanzania through Tanzania Petroleum Development Corporation (TPDC) announced the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round. The 4th Tanzania Offshore Licensing Round…
Lengo-2 drill stem test achieves 21.2 mmscf/d AWE Limited (ASX: AWE) reports that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21…
Buccaneer Energy has spud the shallow water Cosmo No. 1 well located in Alaska's Cook Inlet, near Anchor Point on the Kenai Peninsula, the company announced on 13 May 2013. Buccaneer used the Endeavour - Spirit of Independence jack-up rig…
As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments. As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…
COLLOQUY: Editor's Column The structure of the Mexican oil industry is on the verge of change, driven by a need to increase revenues and build reserves. The consensus is that Mexican fields are aging, production is declining, and although…
Drilling firm Noble Corp. has been awarded a four-year drilling contract for work on the UK North Sea Mariner project using a new Cat J jack-up with Norway's Statoil. The contract is worth $655 million and includes a one two-year option…
Royal Dutch Shell plc (Shell) has announced a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets…
Brazil's Petrobras awarded Toyo Engineering Corp. affiliate, Estaleiros do Brasil Ltda. (EBR), an EPCI contract for its P-74 FPSO, Toyo announced on 13 May 2013. The contract was awarded by Petrobras Netherlands BV. The scope includes…
Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
The Board of Norwegian Energy Company (Noreco) has announced that Svein Arild Killingland is to take over as Chief Executive Officer of the company group with immediate effect. He replaces Einar Gjelsvik, who Noreco said would be available for an interim period to the firm…
Songa Offshore has appointed Bjørnar Iversen as its new CEO just months after he joined the company as president of Songa Rig AS. Iversen will take up the new role, based in Cyprus, replacing interim CEO Jens Wilhelmsen, effective as of June 1…
Recognizing the needs of offshore rig owners and operators for reliable, smooth operations unaffected by safety equipment servicing requirements, leading marine and fire safety equipment manufacturer VIKING Life-saving Equipment A/S has…
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of a unique vessel type that will bring ice management and pollution control in thick, first-year ice to a new level…
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