Ardyne, provider of plug and abandonment and slot recovery technology, has appointed Paul Warwick as non-executive chairman. Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He is also executive chairman of Whalsay Energy…
Aker BP has agreed to buy Hess Norge, which includes major stakes in the Valhall and Hod fields, from Hess for US$2 billion as the US oil firm continues an offshore asset sale. Yesterday, Kosmos Energy said it had agreed to acquire Hess' 85% stake in two long-producing oil fields…
French cabling firm Nexans has been chosen to supply 3000km cables for the Nasr Phase II full field development project offshore Abu Dhabi in the United Arab Emirates. The Nasr field is a large oil field about 130km northwest of Abu Dhabi…
Kosmos Energy entered Equatorial Guinea with a splash by acquiring Hess' 85% stake in two long-producting oil fields for US$650 million, as well as signing production sharing contracts (PSCs) for three other blocks in the Rio Muni basin…
French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa. Total has acquired 70% of Impact’s interests in Block 2913B…
Forum Energy Technologies's Dynacon business line, a manufacturer of launch and recovery systems (LARS) and Scantrol, an Active Heave Compensation (AHC) control systems supplier, are joining forces to offer AHC functionality to new and existing customers…
A new US$1.32 million (£1 million) research and development project focussed on cost reduction, increased efficiency and value add for the oil and gas sector has received backing from government agency Scottish Enterprise. US firm ION Geophysical subsidiary…
BW Offshore subsidiary Sendje Berge has agreed the terms of a contract extension for the floating production, storage and offloading (FPSO) vessel Sendje Berge with operator Addax Petroleum Exploration (Nigeria) for use on the Okwori field offshore Nigeria…
Byron Energy has completed the installation of a 500ft, 4in oil and 7000ftm 6in gas pipelines on the South Marsh Island 71 (SM 71) oil and gas development in the central US Gulf of Mexico, says partner Otto Energy. Each pipeline…
The Oil and Gas Authority (OGA) has published a 'lessons learned' on the use of polymer technology to enhance oil recovery (EOR) from UK oil fields. “Polymer Enhanced Oil Recovery – Industry Lessons Learned” was produced in collaboration…
Premier Oil's Catcher development is on track for first oil by the end of the year with the project's floating production vessel now moored in field. The BW Catcher vessel, built at the Keppel Shipyard in Singapore, and owned and operated by BW Offshore…
AFGlobal has acquired the Axon pressure pump technology and product line from Amkin Technologies, a privately-held oilfield equipment and technology developer. The acquisition of the Axon pump technologies and ability for AFGlobal to…
KrisEnergy has spud the East Mayura-1 exploration well in the G10/48 contract area in the Gulf of Thailand, the operator announced on 20 October. The East Mayura-1 well, offshore Thailand, is being drilled by the PV DRILLING I jack-up rig…
MODEC has signed a contract for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel with Brazil's Petrobras on 13 October 2017. The firm charter period of the contract is 21 years. The FPSO will be deployed at the Sépia field operated by Petrobras…
W&T Offshore has started drilling on the ST 224 #1 exploration well in the South Timbalier 224 lease in the US Gulf Of Mexico, according to Otto Energy. Drilling is targeting a large, amplitude supported, high condensate gas ratio exploration prospect located in the prolific Bul…