Petrobas' pre-salt production has reached 40% of all the state-oil firm's production in Brazil and 12 more systems are due online in the Santos Basin alone by 2020, the firm has said. The milestone was reached as over all pre-salt production set new highs…
Norwegian ship designer Havyard has won a contract for the design of a new multipurpose vessel to work for Hess under contract with Esvagt. Havyard will also deliver ship equipment system packages with a total value of more than NOK 100 million…
Aker Solutions is to supply its longest-ever umbilicals system to the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea. The agreement, with Petrobel, Egypt, is worth more than NOK 1 billion (US$120 million) and covers…
Mexico’s highly anticipated deepwater bid round set for the end of the year is getting registered bids from as many as 21 companies, with some of the oil and gas industry’s heavy hitters, including ExxonMobil and Chevron. Image from CNH…
Fourteen new licensing options have been granted to 11 companies in Ireland’s second phase of the 2015 Atlantic Margin Licensing Round, which has received the largest response in Ireland’s offshore history. Of the 11 companies…
Tullow Oil Norge (TONAS) has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in Block 16/5 in the North Sea. The well will be drilled in a prospect named Rome, with the designation 16/5-6.…
Schlumberger has acquired Omron Oilfield and Marine, a US-based OMRON Corp. group company, which provides automation technology and solutions. 'The addition of Omron Oilfield and Marine will enable us to strengthen our industrial automation…
UK-based marine and nuclear services group James Fisher and Sons has taken over Aberdeen-based R2S. R2S, or Return to Scene, developed visualization and asset management software based on forensic investigation technologies. Image…
Rosenberg WorleyParsons has been contracted to fabricate three bridges and two flare towers for the Johan Sverdrup field development. The contract, worth about NOK600 million, was awarded by Statoil. The fabrication and assembly will mainly be carried out in Stavanger…
Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for the Utgard field, which straddles the Norwegian and UK median line. The move will see Statoil increase its holding in the license to 100%…
MEO Australia’s Beehive has shown “very encouraging results” following seismic reprocessing and inversion study over prospect in WA-488-P, offshore Australia. The seismic inversion results have reinforced the interim reprocessing results…
DOF Subsea has been awarded several ROV and diving contracts for the Skandi Achiever vessel in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. Following completion of ongoing commitments in the North Sea…
Statoil has awarded DNV GL - Oil & Gas a master service agreement (MSA) that includes a broad scope of studies on topics such as safety, platform technology, structural reanalysis and pipeline technology. In addition, it offers hull and structural inspection services…
The Norwegian Ministry of Petroleum and Energy has granted approval for Lundin Norway to acquire an additional 15% interest in the Edvard Grieg field and interests in associated pipeline assets from Statoil. Lundin Petroleum expects to complete the deal on 30 June 2016…
GE Oil & Gas has won a surface wellhead and Xmas tree equipment and services contract from Statoil for its Johan Sverdrup project in the North Sea. GE Oil & Gas will manufacture, deliver and install its standardized surface wellhead and…
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