The Norwegian Ministry of Petroleum awarded 24 licenses in the country’s 22nd licensing round. The offerings include 20 production licenses in the Barents Sea and four in the Norwegian Sea. The agency granted 29 companies shares—including ConocoPhillips…
As the 25th anniversary of the UK North Sea Piper Alpha disaster approaches, GL Noble Denton looks at regulatory best practice. The 25-year anniversary of the Piper Alpha disaster provides an important opportunity to stop and reflect…
ThoughtStream: Opinion Rosneft is the largest subsoil licenseholder in the Russian offshore. Total estimated recoverable resources under these licenses exceed 275 billion boe. The exploration program includes drilling 96 wells. I hope that the representatives of Halliburton…
COLLOQUY: Editor's Column Beginning this month, we recognize the 25th anniversary of the Piper Alpha disaster. The Piper Alpha production platform was operated by Occidental Petroleum (Caledonia) Ltd. in the UK sector of the North Sea…
CNR International is preparing to invest US $470 million to extend the life of one of Ninian Field—one of the oldest fields in the North Sea after the UK government approved an application for a Brownfield Allowance for the ambitious project…
Emerson Process Management, a business of Emerson was awarded contracts by Chevron Australia Pty Ltd., valued at US$67 million, to provide control valves and valve actuators to help ensure the efficient and safe flow of natural gas at the Gorgon Project…
CGG announced that it has been awarded a contract by a subsidiary of Anadarko Petroleum Corp. and partner Ecopetrol to acquire and process a 5,500sq-km 3D BroadSeisTM seismic survey on the Caribbean coast offshore Colombia. This is the largest…
Electromagnetic Geoservices ASA (EMGS) received a Letter of Intent (LOI) for an extension to the ongoing USD $35 million contract in Asia. The value of the contract extension is at least USD $15 million, which brings the total contract value to a minimum of USD $50 million…
FoundOcean has been awarded a contract by Graham Construction to pile grout the foundation for the world’s largest offshore wind turbine, developed by Samsung Heavy Industries, in Fife, Scotland. This will include the first 7MW turbine to be installed…
Halliburton announced the opening of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as…
Australia's Department of Mines and Petroleum (DMP) announced a new lease sale for Western Australia. Six licenses, four onshore and two offshore, are being placed on the auction block. “In 2012, the Western Australian petroleum sector was valued at a record A$24…
Chariot Oil & Gas Ltd and the Office National des Hydrocarbures et des Mines (ONHYM) agreed to a six month extension for the first phase of exploration on the Loukos, Casablanca and Safi licences, off Morocco. The license will now extend until January 11 2014…
Sercel announces the launch of Sentinel® MS, its new multi-sensor solid streamer to address the needs of the E&P Industry for ever more detailed and accurate images of the subsurface. In addition to the high-quality pressure measurement…
Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-of-field contract from Ithaca Energy will see WGPSN operate and deliver managed services…
On June 5, Houston-based Atwood Oceanics Inc. announced a new drilling services contract with Eni S.p.A. for the Atwood Beacon. The independent leg cantilever jackup rig is currently working offshore Israel but will finish by July 2013. The…
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