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…
Santos announced a gas discovery at the Bassett West-1 exploration well in WA-408-P, located in the Browse Basin offshore Western Australia. Bassett West-1 is located about 475km north-northeast of Broome and about 90km east-northeast of the Crown-1 discovery…
Subsea 7 S.A. was awarded a contract by Anadarko and their partners for the Heidelberg development in the Gulf of Mexico.The work scope includes the engineering, fabrication, and installation of risers, pipelines, and flowlines in water depths over 1…
Maersk launched a new computer game called Quest for Oil, which the company designed to open the oil business to everyone. Quest for Oil is the first game of its kind and with the convergence of forces, innovation and technology. Maersk…
AMEC was awarded a two-year contract extension from BG Group to continue to provide engineering, procurement, construction, commissioning, and project management support for all of BG Group’s facilities in the central North Sea. The contract…
Atwood Oceanics Inc. was awarded a drilling services contract for the ultra-deepwater drillship Atwood Achiever by a subsidiary of Kosmos Energy Ltd.for an exploration program commencing in Morocco. The contract specifies a base operating rate of about US $595…
C-MAR Group announced that it won a contract to carry out Failure Mode Effect Analysis (FMEA) surveys and trials on Maridive Group vessels for the next five years. Expected to be worth in excess of $500,000, the agreement covers 16 Maridive…
The offshore oil and gas industry is moving further into deeper and colder waters in remote locations thanks to advancing technologies. Ulstein provides products and solutions in support of safer, smarter and greener operations. The OCV/subsea vessel design SX121…
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