BP is due to restart production at the high-pressure, high-temperature (HPHT) Rhum gas field in the UK North Sea, four years after the field was shut in due to Western sanctions against its 50% owner, Iran. A BP spokesperson said today that production was due to restart soon…
Sembcorp Marine's subsidiaries Sembmarine SLP and Jurong Shipyard have secured offshore energy related contracts worth at a combined S$222 million (US$177 million). The firm's 70% owned UK-based firm Sembmarine SLP is to build a new offshore…
UK heavy oil explorer Xcite Energy has entered into a memorandum of understanding (MOU) with oilfield services firm Baker Hughes. The MOU sets out principles for the provision of oil field services for the UK North Sea Bentley heavy oil field…
Genel Energy's SM-1 well on the Nour prospect in the Sidi Moussa block offshore Morocco has found oil and is to be well tested. Partner San Leon Energy said the well, drilled using Noble Corp.'s Noble Paul Romano semisubmersible drilling rig…
NOV has restructured into three business segments: NOV Rig Systems, NOV Wellbore Technologies, and NOV Completion & Production Solutions. NOV Rig Systems makes and supports drilling solutions, designing and manufacturing drilling equipment components…
Toronto-based, South American-focused explorer Pacific Rubiales Energy has entered into a three-year memorandum of understanding (MOU) with Mexico's state oil firm Pemex, the company announced on 17 October. Pacific Rubiales said the…
The International Gas Union (IGU) has elected Seok-hyo Jang, chief executive and president of Korea Gas Corp. (Kogas), as its next president. He will serve as vice president for three years, beginning June 2015, before taking office in 2018…
The deepwater drillship Pacific Sharav arrived in Keathley Canyon to begin work for Chevron. The drillship is the fifth for Chevron to work in the deepwater Gulf of Mexico. According to data from the US Bureau of Ocean Energy Management…
Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors. Image from Kogas…
Aqualis Offshore, part of Oslo’s Aqualis, recently won three contracts from different companies for several services. ONGC awarded Aqualis Offshore with a nine month contract to provide rig moving and marine warranty services offshore India…
Malaysia’s Petronas Carigali awarded Kongsberg Oil & Gas Technologies AS a US$2.2 million contract for drilling operations software and services. The software, SiteCom, is a real-time drilling operations software. The four-year contract has a one-year extension option…
US-based Vaalco Energy has started a new, six well, development drilling campaign on the Etame Marin block offshore Gabon following the installation of the Etame platform and the Southeast Etame/North Tchibala (SEENT) platform. Both were installed using EMAS AMC's newbuild flagship…
Sevan Drilling and Cosco (Qidong) Offshore have come to an agreement over the delivery of the new-build Sevan Developer cylindrical drilling rig. The deepwater unit is being built by Cosco, but has faced construction delays. Meanwhile…
Production has started on the Umm Lulu oil field offshore Abu Dhabi, Inpex Corp. said today (17 October). Umm Lulu is about 30km northwest of Abu Dhabi city. Inpex subsidiary Japan Oil Development Co. jointly developed the field with Abu Dhabi National Oil Company (ADNOC)…
Lundin's Vollgrav South exploration well 33/12-10 S in production license 631 in the northern North Sea has been plugged and abandoned after it was found to be dry. The well was drilled about 150km west of Florø, between the Statfjord and Gullfaks fields…
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