Baker Hughes, a GE company (BHGE), has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique. The contract was awarded by a joint venture formed by TechnipFMC and JGC Corporation…
Hyperdynamics Corp. received a letter from the government of Guinea confirming that a two-year appraisal period will be granted to the consortium of SCS Corp., a wholly owned subsidiary of HDYN, and South Atlantic Petroleum (Sapetro) in the event of an oil discovery in the Fatala-1 well…
SOFEC, a MODEC Group company, has been awarded the turret mooring system supply contract for Eni's Coral South Project. The contract was awarded by TechnipFMC and JGC Corp. joint venture is is for the engineering, procurement and construction…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
Coral FLNG SA has awarded the TechnipFMC-led joint venture TJS Consortium an engineering, procurement, construction, installation, commissioning and start-up (EPCIC) of the Coral South FLNG facility offshore Mozambique. TJS Consortium…
Nido Petroleum is set to drill its Galoc-7/7ST appraisal well in Block C1 SC 14 offshore the Philippines, starting in March. The firm has agreed a one-well drilling contract for the Odfjell Drilling operated ultra deepwater drillship Deepsea Metro I for the work…
Samsung Heavy Industries (SHI) has won the first offshore drilling project for Korean shipbuilders in 18 months, with an order for BP's Mad Dog II project in the US Gulf of Mexico. The US$1.27 billion order is for a floating production unit (FPU) weighing 58…
Noble Corp. has appointed Adam C. Peakes, 43, as the company’s new senior vice president and chief financial officer, effective 23 January 2017. The announcement comes nine months after previous CFO James A. MacLennan resigned in late-February…
Eni is a step closer to moving ahead with its 16 Tcf deepwater Coral discovery development offshore Mozambique following investment approval from its board of directors. Eni's board has approved the first phase of development, called the Coral South project…
EIC’s Neil Golding outlines activity in East and South Africa. Houston-based independent Anadarko made its first gas discovery at the Offshore Area 1 block offshore Mozambique in 2010. The discovery, along with Eni’s major finds, mean…
Noble Corp. has announced the resignation of James A. MacLennan, senior vice president, chief financial officer (CFO), and treasurer, effective 26 February 2016. Dennis L. Lubojacky, vice president and controller, will serve as interim CFO until a permanent replacement can be found…
Petronas has laid the keel of its second floating LNG vessel, the Petronas Floating LNG2, in Geoje Island, South Korea. JGC Group and Samsung Heavy Industries (SHI), the consortium leading the engineering, procurement, construction, installation and commissioning of PFLNG2…
Noble Corp. is the latest major oil and gas company to be linked to the Petróleo Brasileiro’s (Petrobras) Lava Jato bribery and corruption scandal, the offshore driller revealed in a regulatory filing to the US Securities and Exchange Commission…
African Petroleum Corp. has appointed Jens Pace as CEO after Stuart Lake, now former CEO and executive director, is stepping down with immediate effect for health reasons. Pace currently serves as chief operating officer, and will assume the position of CEO…
Encana Corp. shut in production from its Deep Panuke platform. The offshore Nova Scotia facility produces and processes natural gas from the Deep Panuke field, found nearly 155 miles southeast of Halifax, Nova Scotia, on the Scotian Shelf…
Subscribe
