The Doo Sung rig was contracted in and brought to Shell standards to deliver the campaign. Doo Sung is Korea’s only semi- submersible drilling unit, built in 1984 by Daewoo Shipbuilding Co., and owned by KNOC…
The Russian Government has granted exclusive rights to four companies to export liquefied natural gas (LNG), Russian Prime Minister Dimtry Medvedev signed a resolution on 14 July granting LNG export privileges to OJSC Gazprom, its subsidiary Gazprom Export…
Atwood Oceanic’s Atwood Achiever drillship, nearing completion at Daewoo Shipbuilding and Marine Engineering’s yard in Korea. Photo from Atwood Oceanics. Exploration offshore Ireland has yet…
Sonangol Pesquisa e Produção, SA awarded a jackup contract to KCA Deutag for the Ben Rinnes jackup rig in Angola. The agreement, which comes with a two-year extension option, states that KCA Deutag’s offshore division will provide drilling…
The UK Government is to contribute £15 million short-term funding over five years to help kickstart the establishment of a new arm’s length regulatory body, to be called the Oil and Gas Authority (OGA), based in Aberdeen, to oversee the oil and gas industry…
OMV Petrom has made an oil discovery in an exploration well drilled in the Istria XVIII offshore Perimeter (shallow water) in the Romanian Black Sea. Marina 1 was drilled 60km offshore, to a depth of about 2150m below the seabed in about 50m water depth…
China National Petroleum Corporation (CNPC) found hydrocarbons on the Zhongjannan exploration project, off the Paracel or Xisha Islands, in the South China, the firm announced. Drilling, using the 2011-delivered, deepwater, HYSY-981…
Matthew Hancock has been named as Britain's fourth new energy minister in less than two years as part of a major reshuffle in the UK's coalition government cabinet. It is Prime Minister David Cameron's biggest government shake-up since coming to power in 2010…
Equistone Partners Europe has exited Aberdeen-based PD&MS, a fast-growing specialist provider of engineering, procurement and construction (EPC) services for the global oil and gas industry, in a secondary buyout to Inflexion. The mid-market private equity firm has achieved a 2…
Norway's Aibel has topped a recent string of contacts with a framework agreement with Statoil covering the supply of personnel to Statoil's projects in Norway and abroad. The agreement is in addition to Aibel's existing framework agreements with Statoil and is valid for one year…
Malaysia's Sumatec Resources Bhd plans to buy Kazakhstan's Borneo Energy Oil and Gas Ltd. for US$250million (RM800million) in cash and shares. Sumatec announced on 11 July 2014 that it had signed a framework agreement with Abu Talib Abdul Rahman and Dr…
Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…
Anadarko provides this video on the successful installment of the 10,000-ton topsides on the Lucius truss spar, located nearly 275 mi. southeast of Galveston, Texas in approximately 5,300ft water depth in the Gulf of Mexico. The components used were built in Orange…
Since the acquisition of the property from Schlumberger in 2008, University of Houston’s Energy Research Park (ERP) has been a central hub for rapid development in academia, industry, and entrepreneurship. One of the ERP’s most notable…
BEARCO International’s personnel are to joni Wild Well Control's control engineering group, bringing the relief well expertise of John Wright, Jim Woodruff and Bill McElduff on board to enhance the company’s expertise and capabilities in the engineering…
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