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Karoon to acquire 35% in five Santos blocks

Sep 28, 2016

Karoon Gas Australia entered into a binding sale and purchase agreement for Pacific E&P Corp.’s  35%  equity  interest in the jointly held Santos Basin exploration blocks S‐M‐1037, S‐M‐1101, S‐M‐1102, S‐M‐1165 and S‐M‐1166, offshore Brazil…

Exmar FLNG unit completes testing

Sep 28, 2016

Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong, China yard, the engineering firm announced on 27 September. While the deal…

SLB releases GeoTesting

Sep 27, 2016

Schlumberger released the GeoTesting geology-based well test design and interpretation services at the 2016 SPE Annual Technical Conference and Exhibition. GeoTesting services, built in the Petrel exploration and production software platform…

BP inks three Egypt amendments

Sep 27, 2016

BP and Egypt’s minister of petroleum signed three amendments for concessions offshore Egypt, that will allow for the economic development of its giant Nooros project.   Image from BP. The…

Looking toward the bright side

Sep 27, 2016

Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…

Updated: 4 dead in Chevron chopper crash

Sep 27, 2016

A helicopter carrying six people destined for a Chevron platform offshore Angola has crashed, leaving four people dead and two missing. Image from iStock. Cabinda Gulf Oil Co…

McDermott, TH Heavy Engineering dissolve partnership

Sep 27, 2016

Houston-based McDermott International and Malaysian fabrication firm TH Heavy Engineering (THHE) will end their Malaysian joint ventures Berlian McDermott (BMD) and THHE Fabricators (THF), the pair announced on Friday (23 September), citing local market conditions…

Statoil ends West Epsilon contract

Sep 27, 2016

Norway's Statoil has issues an early notice of cancellation to North Atlantic Drilling on the West Epsilon harsh environment jackup. The West Epsilon was originally contracted for drilling services in Norway until the end of December…

Farstad wins Total contract off Congo

Sep 27, 2016

Total E&P Congo, through Petro Services, awarded Farstad Shipping an 18-month contract for the subsea/construction support vessel Far Sleipner to support their subsea development activity in Congo. The contract will begin during Q4 2016.…

Hyperdynamics ups Guinea assessment

Sep 27, 2016

Hyperdynamics Corp. received an updated exploration risk assessment of its top two drilling prospects offshore Guinea, that materially increases the probability of exploration success for both. The improved risk assessment follows the…

Petrofac completes Tullow decom

Sep 27, 2016

Petrofac’s differentiated approach to decommissioning, in support of Tullow Oil’s well plugging and abandonment campaign in the Southern North Sea (SNS), has delivered significant results and saved US$2.5 million compared to traditional approaches…

Goliat resumes production

Sep 27, 2016

Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full production is expected to be reached shortly, with full reinjection of gas and produced water…

io names Richard Dyson as CEO

Sep 27, 2016

io oil & gas consulting, the independent venture backed by GE Oil & Gas and McDermott, has announced the appointment of Richard Dyson as its new CEO. Dyson will be based in io’s head office in The Shard, London and oversee all its global operations including offices in Houston…

Woodside expects Bréanann results in January

Sep 26, 2016

Woodside Energy and its partner Petrel Resources successfully completed the Bréanann 3D seismic acquisition program that covered over some 2392sq km of the northern Porcupine Basin, 150km west off the Kerry coast, south-western Ireland.  The…

DONG terminates Maersk Resolve contract

Sep 26, 2016

Following the finalization of the Maersk Resolve jackup for DONG Energy's planned work scope at the Hejre field in the Danish sector of the North Sea, Maersk Drilling received a letter of early termination. The original contract was scheduled to end in January 2017…

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