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AWE to sidetrack Pateke well

Mar 18, 2014

Australia-based AWE Limited will now attempt to drill a sidetrack well in New Zealand after drilling issues encountered last week on the Pateke-4H were unable to be resolved. The lower part of the hole has been abandoned.   Read more on Pateke drilling:http://www…

E.ON gets slice of Barents license

Mar 18, 2014

E.ON E&P has farmed into the Aurelia license in the Barents Sea. The firm will take 20% stake 'We have had the Barents Sea as a focus area since 2010, and this farm in is a part of E.ON E&P’s long term exploration strategy in this area…

Tri Tool to open Houston office

Mar 18, 2014

Tri Tool Incorporated will be opening a new 15,000sq ft office and warehouse location to better serve the offshore and onshore pipeline oil & gas industries in the gulf region. On May 7th, Tri Tool will be hosting a grand opening event…

Chariot adds to Moroccan acreage

Mar 18, 2014

Chariot Oil & Gas Limited has been awarded 75% interest and operatorship of the Mohammedia Reconnaissance license offshore Morocco.  The Office National des Hydrocarbures et des Mines (ONHYM) will be its partner, holding 25% carried interest…

Bourbon takeover bid annnounced

Mar 18, 2014

Luxembourg-based investment firm JACCAR Holdings has made a takeover bid for French offshore vessel owner Bourbon.   JACCAR, the private, maritime sector-focused, investment company of Jacques de Chateauvieux, Bourbon’s chairman, already directly owns 26…

Cairn holds back 2015 plans

Mar 18, 2014

Cairn Energy has said it is committed to its planned 2014 operations, but that spending beyond then is being looked at closely as its awaits resolution of tax issues in India. The Edinburgh-based firm says spending beyond 2014 would depend…

Vard launches Canada subsidiary

Mar 18, 2014

Shipbuilding firm Vard has set up a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine engineering company providing solutions for offshore and specialized vessels such as offshore support…

NASA's Operation IceBridge campaign

Mar 17, 2014

Michael Studinger, a project scientist for NASA's Operation IceBridge, and Nathan Kurtz, a physical scientist, provide commentary during a virtual tour of the Operation IceBridge campaign in the Arctic.

Kongsberg wins Petrobras newbuild deal

Mar 17, 2014

Kongsberg Maritime has been chosen to deliver technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued about US$19.85 million, the scope of supply includes Kongsberg…

McDermott conducts pipeline repair in UAE

Mar 17, 2014

McDermott International Inc. recently mobilized its dive support vessel (DSV) Thebaud Sea for an emergency pipeline repair offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast tracked to an emergency response…

Keppel bags string of contracts

Mar 17, 2014

Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…

Saipem picked for South Stream

Mar 17, 2014

Saipem has been contracted by South Stream Transport for the construction of the first line of the South Stream Offshore Pipeline, from Russia to Bulgaria across the Black Sea, for a total value of about US$2.7 billion. The South Stream…

Kenya well Sunbird-1 inconclusive

Mar 17, 2014

The Sunbird-1 exploration well in area L10A offshore southern Kenya is to be plugged and abandoned after finding hydrocarbons. Pancontinental Oil & Gas, which holds 18.75% WI in the BG Group-operated well, said while hydrocarbons were found…

Foum Assaka well spuds

Mar 17, 2014

Kosmos Energy subsidiary Kosmos Energy Deepwater Morocco has spudded the FA-1 well on the Eagle prospect in the Foum Assaka area offshore Morocco, according to partner Fastnet Oil & Gas.  The planned target depth is 4000m in about 600m water depth…

Russian-backed firm buys RWE Dea

Mar 17, 2014

Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion).  LetterOne was founded last year as an investment vehicle…

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