Project Development International (PDi), a provider of multi-discipline engineering, project management and project services to the international energy industry, has secured a $2.25 million (£1.5million) contract with Nigerian oil service company Marine Platforms Limited (MPL)…
TAM International has appointed Tim Davis global technical director for TAM, overseeing global technical support for operations, training, product line management, and marketing. Image: Tim Davis…
SeaBird Exploration has announced that Northern Explorer has been commissioned for work in the greater Caribbean area and will leave the TGS Gigante survey in the beginning of January 2016 for an estimated 6-8 weeks. Phase one of the survey…
SPT Offshore has received the letter of intent (LOI) for the detailed design of the suction pile foundation, design supervision of the jacket and full transportation and installation of the Ophir wellhead platform from Muhibbah Engineering…
Transocean announced that the harsh environment semisubmersible Henry Goodrich was awarded a two-year contract with Husky Oil Operations offshore Canada at a dayrate of US$275,000. The rig will be used for ongoing development drilling…
Lundin Malaysia commenced drilling of the Imbok-1 exploration well in blocks SB307 and SB308, offshore East Malaysia. The Imbok prospect is in shallow water and lies to the east and south of two major producing fields in offshore East Malaysia…
Houston-based Vantage Drilling’s subsidiary Offshore Group Investment Ltd. (OGIL) filed for bankruptcy last week, in a debt-for-equity deal that will result in a reduced debt of about US$1.45 billion. The Titanium Explorer…
Marathon Oil has awarded Ingen Ideas, an Amec Foster Wheeler company, a contract worth approximately £8million. The five-year multi-discipline engineering contract covers Marathon Oil’s Brae Complex in the North Sea. The contract started in October 2015 and will run for five years…
Fluor Corp. and Stork has announced that Fluor has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100% of Stork Holding B.V., based in the Netherlands, for an investment of approximately US$755 million (€695 million)…
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…
French geoscience company CGG is proposing a US$378.9 million (€350 million) capital increase to finance its “Transformation Plan,” which the company first implemented in 2013. The Oceanic Vega…
KrisEnergy spudded the Mustika-1 exploration well in the East Java Sea, marking the beginning of its operated Satki production sharing contract (PSC). Image from KrisEnergy. Mustika-1…
A search for missing oil workers continues in the Caspian Sea following a fire offshore Azerbaijan that started last week, on 4 December. Socar's West Azeri plaform. Image from Socar's Facebook…
WFS Technologies has developed a battery management system technology which enables the battery life of subsea wireless instrumentation and control systems to be extended to up to 15 years. Seatooth Endure technology integrates this battery…
Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.
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