Pura Vida is searching for farm out opportunites with industry partners for the commercialization of the Loba complex offshore Gabon that has an 81% chance of commercial success, according to the company. Funding the forward work program for the Nkembe block…
Statoil is looking to create “a strong ripple effect” from its largest field yet, the Johan Castberg project, in the Barents Sea that will generate spin-offs, and be prepared for future electrification. Johan Castberg field illustration…
BP has ordered about 100km of static umbilicals and associated accessories from France's Nexans for the next stage of its West Nile Delta project. The contract will help BP, and partner DEA (Deutsche Erdoel AG), develop the Giza, Fayoum…
Aker Solutions, Det norske oljeselskap and Subsea 7 have agreed on what the three companies are calling a 'one for all, all for one' collaboration alliance to work on developing the operator's subsea field portfolio. The move, which they…
Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore. In today’s price environment…
Anadarko Petroleum will purchase the Gulf of Mexico (GoM) assets of Phoenix, Arizona-based minerals company Freeport-McMoRan (FCX) for US$2 billion cash consideration, the Houston-based independent said on 12 September. Anadarko’s…
Vattenfall won the Danish Near Shore Wind Tender (DNS) after delivering the lowest bids of .475 kr/kWh on 1 September for two sites, Vesterhav Syd and Vesterhav Nord. Prior to construction start, Vattenfall needs a final approval from the Danish government…
Statoil has appointed Hedda Felin as its new managing director of Statoil Production UK, less than one year after appointing Felin’s predecessor, who has left the company. Formerly a senior vice president for Statoil, Felin is the new head of the company’s Aberdeen office…
Teledyne Bowtech has updated their L3C-HD and L3C_HDX underwater cameras. The updated L3C-HD camera now features full HD 1080p up to 60fps adding to the HD-SDI outputs available (720p 50, 720p 60, 1080i 50, 1080i 60 and 1080p 50). The…
Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image from Eni. The Italian giant confirmed production at Nooros reached 700 MMcf/d…
CNOOC Ltd. started production at the Weizhou 6-9/6-10 comprehensive adjustment project in the South China Sea. The Weizhou field is in the Beibu Gulf at about 35m water depth. In addition to fully utilizing the existing facilities of Weizhou 6-9/6-10…
The Russian government is temporarily banning new licenses for offshore field development on the Russian Arctic shelf, the Minister of Natural Resources and Environment Minister Sergei Donskoi has said. The move appears to be aimed at focusing investment on existing development projects…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
Tidal power firm Atlantis Resources officially unveiling its MeyGen Project, the world's largest free stream tidal power project, at the Nigg Energy Park (Nigg) in Scotland this morning. The event was attended by Nicola Sturgeon, First Minister of Scotland…
The Inpex-led Ichthys LNG Project has reached a key milestone with both its central processing facility (CPF) and floating production, storage and offloading (FPSO) facility safely starting up their main power generators in the South Korean shipyards where they are being constructed…
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