Saipem was awarded offshore drilling contracts worth approximately US$540 million in Indonesia, Nigeria, the Arabian Gulf and Latin America. The contracts refer to four different units of Saipem’s fleet. Indonesia contract Eni Muara Bakau B…
Norway's Dolphin Geophysical has taken delivery of 7-Oceans, the first of three new-build seismic guard vessels. The naming ceremony of the 7-Oceans took place in Maaskant Shipyard, Stellendam, South Holland, on 25 July 2014. The 370tonne ship is 35m x 9m and is flagged in Panama…
Hong Kong-based CNOOC Ltd. announced the Lishui 36-1 gas field began production. The Lishui 36-1 gas field is located 150km from Wenzhou city Zhejiang province, with an average water depth of approximately 84m. The gas field has four producing wells…
Statoil released a video showing the Valemon topside arriving on 26 July 2014 near Stavanger, Norway after a 40-day trip from South Korea. The topsides set sail in June from the Geoje yard in South Korea, where Statoil contracted…
Reflecting the overall trends of the industry to go ever-deeper, companies are now attaining first oil through advanced, specialized methods and technologies. GTL FPSO rendering from DSME. Companies’ reaches are ever-lengthening…
Portugal-based Galp Energia’s recent drilling campaign at the Tao-1 exploration well in the Tarfaya block off Morocco was unsuccessful, partner Tangiers Petroleum announced 28 July 2014. Australian-based Tangiers Petroleum, which holds 25% interest in the Tarfaya block…
Lime Petroleum Norway, a jointly-controlled entity of Malaysia-based Hibiscus Petroleum Berhad and Singapore-based Rex International, surrendered three licenses in the North Sea, following the deadline for a drill or drop decision by 23 July 2014…
Topsides were lifted into place on the 9150-tonne steel jacket on the Valemon field in the Norwegian North Sea on 28 July, operator Statoil announced. Statoil's Valemon. Photo from Statoil's Andre Osmundsen…
ABS and the Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) today to promote maritime research and development (R&D) and innovation. Over the next five years, ABS and MPA will collaborate on maritime…
China National Petroleum (CNPC) and Cupapetroleo (CUPET) signed a framework agreement to increase crude output and production sharing and a cooperation agreement on drilling services in Havana, Cuba on 22 July. Under the agreements, CNPC…
The Hoegh LNG-owned Perusahaan Gas Negara (PGN) floating storage and regasification unit (FSRU) Lampung received its first cargo of LNG through ship-to-ship transfer on 27 July offshore Indonesia. It entered its final commissioning phase…
FAR Ltd. reported that the Cairn-operated FAN-1 exploration well resumed drilling on the North Fan prospect in 1500m water depth, offshore Senegal on 28 July. Drilling to date has reached 3000m with a planned TD of approximately 5300m using Transocean’s fifth-generation semisubmersible…
A 2D seismic acquisition program has started in the Kara Sea, said Russia's Rosneft, a partner with ExxonMobil in the area. The program started 24 July using the research vessel Geolog Dmitry Nalivkin. The survey, covering 7000sq km…
The Philippines Department of Energy (DOE) launched the 5th Philippine Energy Contracting Round (PECR5) on 9 May 2014, and scheduled international roadshows in Texas (12-16 May 2014), Singapore (10-14 June 2014), and Turkey (14-17 September…
Westermeerwind BV reached financial close on 25 July for the turnkey construction of the Westermeerwind wind farm in IJsselmeer, Netherlands. Work can now start on building the 48 wind turbines. The Westermeerwind wind farm consists of…
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