Mubadala Petroleum announced today that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas discovery with significant commercial potential. A third discovery, Sirih-1…
Canada’s SNC-Lavalin has agreed to buy Jersey-based oil and gas services company Kentz Corporation in a deal valuing the Kentz at £1.2 billion (C$2.1 billion). SNC-Lavalin said the move was part of its strategy to become a global Tier-1 engineering and construction company…
UK-based exploration and production firm Ithaca Energy has agreed to buy non-operated stakes in three producing fields from Sumitomo Corporation. The deal, worth about US$170 million, will see Ithaca take a further 20% interest in the Shell-operated central North Sea Cook field…
Thailand's PTT Exploration and Production Public Company (PTTEP) has agreed a partnership to develop ROVs to be used for marine environmental studies, as part of oil and gas exploration activities. The cooperation marks the first time…
First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…
Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/4- 8 S on the Luno II discovery has started. The Luno II discovery…
Paul de Leeuw, a visiting Professor at Aberdeen Business School, has been appointed as the first director of Robert Gordon University’s International Institute for Oil and Gas. With extensive experience in the oil and gas industry Professor de Leeuw will take up his new role in July…
Updated 26 June The US House of Representatives passed bill HR6, the Domestic Prosperity and Global Freedom Act on 24 June, after debates held this week. The House Energy & Commerce (E&C) committee approved HR 6, authored and sponsored by Rep…
CGX Energy Inc. announced the completion of reprocessing and merging of existing seismic surveys from the company’s 100% owned Corentyne petroleum prospecting license (PPL) offshore Guyana. The results of the reprocessing have assisted in…
China National Offshore Oil Corporation (CNOOC) announced today that it has signed a production sharing contract (PSC) with Eni for Block 50/34 in the South China Sea. Block 50/34 encompasses an area of 2000sq km in the Qiongdongnan Basin of offshore Hainan Island…
Santos (40%) and GDF SUEZ (60% and operator) have said that the Bonaparte LNG project partners will consider other potential development options, in addition to the floating LNG concept, to develop the Petrel, Tern and Frigate natural gas fields…
The nominees for the 2014 ONS Innovation Awards have been announced. According to ONS, whose 2014 theme is 'Changes,' the jury has evaluated all of the applications for the ONS Innovation Awards. The award will be presented in two different…
Maersk Oil UK has awarded Denmark's Ramboll Oil & Gas the detailed design for the Culzean wellhead jacket. The project will be Ramboll’s first major involvement in the Culzean field, and it also marks the largest substructure design by Ramboll for the North Sea…
Genesis Oil & Gas consultants has been awarded an upstream concept select study by BG Group, as operator of Blocks 1, 3, and 4, offshore Tanzania. Genesis' scope of work includes considering the upstream facilities required to develop large discoveries made in the three blocks…
Geoscience firm CGG and Russia's Sovcomflot have agreed to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
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