Alpha Petroleum (UK) Holdings Limited is the proposed buyer for ATP Oil and Gas UK Ltd (ATP UK), it has been revealed. Independent Oil and Gas plc, which is a partner in licenses operated by ATP UK, said US court documents posted today…
Italy's Eni has signed a string of agreements with Russian operators and a research institution, building its ties with the country. The first is a memorandum of understanding (MOU) between Eni and Novatek, which sees the two firms agreeing…
Mermaid Maritime Public Co. Ltd. announced that its business units serving the Middle East have been awarded a suite of subsea services contracts. The work includes air diving services such as air diving for pipeline free-span correction and a subsea cable lay contract…
Italian oil major Eni has fired up its new petaflop-class supercomputer at its Green Data Center in Ferrera Erbognone, northern Italy. The supercomputer will support hydrocarbon exploration activities, providing the computing capacity…
Brian Salerno, director of the Bureau of Safety and Environmental Enforcement (BSEE), cited 12 Gulf of Mexico (GOM) operators for failure to comply with the Safety and Environmental Management Systems (SEMS) requirements of the Workplace Safety Rule…
Fugro announced that it has wholly-acquired Advanced Geomechanics Pty Ltd. (AG) to become part of its global geoconsultancy practice. The nearly 20-year-old, Perth-based AG provides geotechnical and geophysical engineering and consulting services…
A helping hand. When it comes to new technology, OE asked: “What role should national governments have in funding research and development in the oil and gas industry?” Research and development is key to competition…
Schlumberger released the Vx Spectra surface multiphase flowmeter. The new multiphase flowmeter enables operators to obtain flow rate measurements in production testing and permanent monitoring. “A precise production allocation requires…
Statoil is targeting 2020 to deploy a subsea factory, or a fully-functioning process plant atop the sea floor, according to a technology briefing held by some of the Norwegian company’s top executives at its Houston headquarters in mid-November…
Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…
PetroVietnam has signed new agreements with India's ONGC Videsh, and Russia's Rosneft. PetroVietnam's new memorandum of understanding with ONGC Videsh extends one previously signed in 2011. The MOU covers the joint exploration of hydrocarbons in Vietnam and India…
The seafloor off the coast of Northern Siberia is releasing more than twice the amount of methane as previously estimated, according to new research results published in the Nov. 24 edition of the journal Nature Geoscience. The East Siberian…
Delek Group announced Tuesday that its partners in the southwest Tamar exploration well reported strong signs of natural gas were discovered based on logging tests conducted by operator Noble Energy Mediterranean Ltd. As of Wednesday…
Dutch walk-to-work technology company Ampelmann has acquired fellow Netherland’s based firm Offshore Solutions. Delft-based Ampelmann provides systems to safely transfer people and cargo from ships to offshore oil rigs or wind turbines…
Denmark’s Energy Agency (DEA) is due to launch its seventh licensing round for oil and gas exploration and production licenses in the Danish North Sea before the end of 2013, according to International Law Office. Image: DONG Energy's Siri platform…
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