Sevan Drilling has agreed a 'standstill' arrangement with Cosco (Qidong) Offshore over its drillship, the Sevan Developer. Significant delays in the build of the new deepwater drilling facility, and a drop in the market for deepwater units…
Rio Oil and Gas’ final day included a presentation on how nanotechnology can play a role in exploration and recovery. The oil and gas sector, with the support of IBP (Brazilian Petroleum Institute), is working on a nano agent capable of increasing oil recovery by 20%…
The 17th Rio Oil & Gas, one of three major events of the industry in the world, has come to a close on 18 September. Some points highlighted by João Carlos de Luca, president of Brazilian Petroleum, Gas and Biofuels Institute (IBP) included the volume of business conducted…
Singapore-based Marine Contracting Pte Ltd. has received an engineering, procurement, construction, and installation contract (EPCI) from Rotterdam-based Jord Oil & Gas Systems BV (JOGS) to install an interconnecting bridge and tripod support…
ExxonMobil and Rosneft will end drilling operations in the Kara Sea due to Western sanctions. The West Alpha ExxonMobil released a statement today (19 September), which said the supermajor will comply with all US sanctions…
Statoil will complete the drilling of the Pingvin prospect in exploration well 7319/12-1 in the Norwegian Barents Sea, says partner on the well North Energy. The well identified gas in a sandstone reservoir. The well acquired extensive data through coring…
Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…
The Republic of Côte d’Ivoire will offer new petroleum exploration concessions, delineating new offshore blocks in deep and ultradeep water of the Côte d’Ivoire sedimentary basin. The details will be presented on 14 October, in Houston, Texas…
Three tugs of Fairmount Marine have towed the new floating production, storage and offloading (FPSO) vessel Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest FPSOs for harsh environments, was delivered to the port of Haugesund…
Chevron has agreed to sell its shares in Chevron Exploration and Production Netherlands, including its interest in Chevron Transportation, to Petrogas International E&P Coӧperatief, a subsidiary of Oman-based Petrogas E&P. 'Our decision…
Planning is underway for further drilling on the Barryroe discovery in the Celtic Sea offshore Ireland during 2015 with a view to reaching first oil by 2018, according to partner Landsdowne Oil & Gas. The work is subject to a farm…
Petroceltic International's joint venture with Edison International Spa has been awarded the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is offshore the Nile Delta and lies to the north of…
Dolphin Geophysical has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia…
Scotland is to remain a part of the United Kingdom after the results of a historic referendum revealed this morning (September 19) that a majority had voted no to independence. However, despite many keen to maintain the status quo…
Scotland has voted to remain part of the United Kingdom, results from the referendum held yesterday revealed this morning. Sanjoy Sen gives his view. So, Alistair Darling and the “Better Together” campaign overcame a late scare in the…
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