Tulip Oil will pick up partner PA Resources’ 30% equity in blocks Q7/Q10a off The Netherlands. Under the agreement, Tulip Oil will pay a consideration of almost US$1.6 million upon completion of the transaction; further payment is contingent on certain asset milestones being met…
BP has added to its portfolio of enhanced oil recovery (EOR) technologies with a robotic coreflooding system. 'It will give us ten times increase in capacity to test out new EOR techniques on core samples,' Bob Dudley, BP group chief executive…
Following Netherlands-based Royal Boskalis Westminster’s acquisition of 14.8% stake in Fugro on Friday, Fugro reaffirmed the company’s intent to stay independent on Monday, 10 November. “Fugro highly values its position as the world leading…
CalEnergy spudded the Pryderi-1 well in WA-424-P, off Australia. Stena Clyde. From Stena Drilling. Pryderi lies in 75m of water and is located approximately 10km away from the joint venture’s existing Gwydion oil discovery…
GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.
Peter Oosterveer joins FMC Technologies, Inc. as its new director of its Board of Directors. Oosterveer, chief operating officer of Fluor Corp. will join the board on 1 February 2015. He is a 25-year Fluor veteran. He previously served…
Schlumberger’s multiclient seismic survey offshore Mozambique is now available. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…
South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) yard ordered a total of 54 Wärtsilä Corp. dual fuel engines to power 172,600cbm icebreaking LNG carriers. The icebreaking LNG carriers…
Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…
Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…
Xcite Energy selected AGR's well construction planning software P1 to support the planning and development of the Bentley field, one of the largest in the United Kingdom Continental Shelf. The use of the software and the associated procedures…
Cairn Energy strikes again in Senegal as its second find hit high quality oil at the SNE-1 well off West Africa. Map of Senegal. From Cairn. SNE-1 is located approximately 100km offshore…
Ceona and Marine Platforms Ltd. (MPL) were awarded two contracts in Nigeria worth a total of US$30 million. Ceona will provide vessels and its installation expertise on the Eni Nigerian Agip Exploration Ltd. ABO12 well completion, as…
Houston-based Alloy Metals and Tubes International (AMTI) announced that Steve Martinez has joined the company as warehouse operator, and Denna Gatewood has been promoted to Director of Quality Assurance. In this capacity Martinez will…
Underlying structural issues with the North Sea exploration sector will need to be ironed out before the true impact of the latest licensing round and other recent UK licensing rounds is known, says oil and gas advisory firm Hannon Westwood…
Subscribe
