Rex International is withdrawing its 30% farm-in in WA-488-P exploration permit in the shallow water area of Western Austraila, in a new agreement with MEO Australia. Image from Rex International…
Low oil prices and demands for industry wide efficiencies are driving the need to make the most of offshore oil and gas assets. On 27 October, the Energy Institute (EI) will host a conference in Aberdeen to discuss Asset integrity, ageing…
Statoil senior vice president Tove Stuhr Sjøblom has taken over as managing director of Statoil Production UK. As the new head of the company’s Aberdeen office, Sjøblom is responsible for Statoil’s upstream development and production activities in the UK and Ireland…
African focussed exploration and production firm Addax Petroleum has extended its contract with Malaysia's Yinson Holdings for use of a floating production, storage and offloading (FPSO) vessel. The Knock Adoon FPSO has been working on the Antan field offshore Nigeria…
Singapore’s fabrication and engineering service provide TRIYARDS Holdings made a 59% year-on-year jump in net attributable profit to US$8.4 million in the fourth quarter, driven mainly by liftboat construction, the company said. Work done on liftboats…
No hydrocarbon show at the ROC Oil-operated block 09/05 in the Bohai Bay basin in China, says joint venture partner AWE Ltd. The well, QK12-3-1D, which is now preparing for abandonment, is the second of the two planned exploration wells in the block…
Mexico’s Agencia de Seguridad, Energia y Ambiente (ASEA) has found that Petróleos Mexicanos' (Pemex) Abkatún Permanente platform incident that left four dead, 16 injured and three missing, was caused by a leak in a rarely used gas fuel line that had corroded…
CGG GeoSoftware has announced new releases to its application suites: Jason 9.0, Hampson-Russell 10.0 and Insight Earth 3.0. Jason 9.0 has a new anisotropic inversion tool for analyzing anisotropy for effective well design and optimum production…
Image: Geoff Dorn/CGG Geoff Dorn, senior advisor, seismic interpretation technology, and product development manager, Insight Earth, CGG GeoSoftware, has been distinguished with the Society…
Norwegian authorities performed a search and seizure of Sevan Drilling’s offices last week, after corrupt activities between Sevan Drilling and Brazil’s Petróleo Brasileiro (Petrobras) were exposed in an independent external review conducted by Sevan Marine…
Abdel Fattah Al-Sisi, president of Egypt, and Claudio Descalzi, Eni’s chief executive officer, met in Cairo to discuss Eni's activities in the country. Image from Eni. During the meeting…
AziLat Ltd. announced that it has entered into a transaction with OGX Petróleo e Gás S.A., to acquire OGX’s full interest in two blocks, offshore Brazil. The blocks are located in the Ceará basin and the Potiguar basin in the equatorial…
TGS announced that it has acquired 46,500km (25%) of the 186,000km 2D seismic project, Gigante. The survey is being acquired with four Seabird vessels and the fifth vessel, m/v Aquila, will join the survey in early November. Gigante…
UK oil and gas firms are sitting on a war chest of £20 billion that could be released by simply improving their working capital management according to new research released today by business consultancy PwC. With no sign of an oil price rebound in sight…
Van Oord has completed the installation of the 150th foundation at the Gemini Wind Park in a record time of 3.5 months. On the 1 of July 2015, Van Oord’s newbuild installation vessel Aeolus, together with Swire Blue Oceans Pacific Osprey…
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