Emerson Process Management has launched Roxar Tempest 7.2, the latest version of its integrated reservoir engineering software suite that can be applied in a wide variety of scenarios such as field appraisal, field optimization, and brownfield development…
AGR have been awarded a frame agreement with Lundin Norway for delivering consultancy services on- and offshore Norway. The four-year agreement has extension options which could see the partnership continue for eight years in total. “We…
Dana Petroleum and its partners failed to make an oil discovery at the Manatee-1 exploration well, offshore Cameroon, according to partner SDX Energy. The well, located in the shallow waters in the prolific Niger Delta basin, was spud on 2 March using the Paragon M825 jackup rig…
The Subsea Services Alliance (Alliance), a joint collaboration between Helix Energy Solutions, OneSubsea, and Schlumberger, will introduce its first joint project to engineer and manufacture a 15,000psi intervention riser system that will be available in July 2017…
A consortium led by Eni and comprising of GNPC, Explorco, Vitol, and Woodfields, has been awarded a new exploration license, Cape Three Points Block 4, located in the Tano Basin, offshore Ghana. GNPC, Vitol and Eni are already developing…
Chevron’s Angola affiliate, Cabinda Gulf Oil Co. (CABGOC), sent an early cancelation notice to Maersk Drilling for the ultra deepwater semisubmersible Mærsk Deliverer. The Mærsk Delivererhas been on contract with CABGOC since May 2012…
DONG Energy's flagship high-pressure, high-temperature Hejre field development is in a state of limbo after operator DONG Energy said it was terminating a contract for the topsides, despite being well into construction. Contractors Technip and Daewoo Shipbuilding & Marine Engineering…
Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services…
India’s Oil and Natural Gas Corp. (ONGC) has received approval from its board of directors for the development of its proposed US$5.1 billion deepwater oil and gas project, offshore east India. Image from ONGC…
Atlantic Petroleum entered into heads of terms with London Oil and Gas (LOG) to inject about US$11.4 million of funds and assets into Atlantic by 24 June 2016. “Atlantic Petroleum's Orlando & Kells assets are expected to have a high value when the market conditions improve…
After many years of decline, production of petroleum and other liquids in the United Kingdom (UK) increased by about 100,000 b/d in 2015, according to the US Energy Information Administration (EIA). The largest contribution to this…
China National Offshore Oil Corp. (CNOOC) may have made 16 new discoveries and appraised 23 oil and gas structures in 2015, but also experienced a net profit decline of 66.4% year-on-year to US$3.1 billion. Liuhua operations…
Keppel FELS has delivered two jackup rigs to Mexico's Grupo R. Built to Keppel's proprietary KFELS B Class design, the rigs, CANTARELL I and CANTARELL II, will be chartered to PEMEX for operations in the Cantarell oil field offshore Mexico…
Noble Energy says a new ruling by Israel's Supreme Court could further delay the Leviathan offshore mega-project in the Levantine Basin in the Mediterranean Sea. The Houston-based explorer said that the court affirmed Israel's natural gas regulatory framework…
Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…
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