VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…
Fugro has been awarded a contract by Blue Stream Pipeline Co. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System…
INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group. Image from INEOS. INEOS Upstream will acquire gas fields…
Eni is increasing its presence offshore Egypt, as the company picks up two licenses in the 2015 EGAS bid round. Image from Eni Flickr. The two exploration licenses, North El Hammad and North Ras El Esh…
North Energy has signed a sale and purchase agreement with Pure E&P Norway, whereby North Energy sells its 10% interest in production license (PL) 708 to Pure. The effective date of the agreement is set at 1 January 2015, and the transaction…
BP's Glen Lyon floating production, storage and offloading vessel (FPSO) is nearly finished and due to sail away to the North Sea next month, BP has said in posts on social media. The firm, which posted a video of the naming ceremony…
Norwegian firms have chalked up yet another subsea first on the country's continental shelf. Just weeks after Statoil brought the Aasgard subsea gas compression project online, on 17 September, Statoil has announced it has now also started…
Dubai-based fabrication and engineering firm Lamprell has promoted Niall O'Connell to chief operating officer in its latest staffing change. In August, the firm announced CEO James Moffatt, who joined Lamprell in 2013, is to retire in June next year…
UK-based SURF contractor Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities…
Saipem announced it has won new engineering and construction contracts cumulatively worth approximately US$680 million (€600 million). Included are contracts awarded by Saudi Aramco and Eni. The contract with Saudi Aramco is an EPCI job…
PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…
The recently introduced 4-stroke diesel engine, Wärtsilä 31, has been selected to power a new generation icebreaker currently under construction at the PJSC Vyborg Shipyard. The ship is being built on behalf of FSUE Atomflot, the enterprise of ROSATOM…
Borkum Riffgrund 1 offshore wind power plant was officially inaugurated offshore Germany. The wind power plant equipped with 78 Siemens wind turbines, each with a capacity of 3.6 megawatts (MW) and a rotor diameter of 120m, will supply around 320…
Lundin Norway, operator for production license 708, has received consent from the Petroleum Safety Authority to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days…
Israel’s Delek Group entered into a US$66 million deal with UK-based exploration and production firm Ithaca Energy to acquire nearly 20% of the company, making Delek the largest shareholder in Ithaca. Image of the Northern Producer…
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