BP has achieved first gas from two fields - Taurus and Libra - in the West Nile Delta (WND), offshore Egypt, eight months ahead of schedule. Image of West Nile Delta, from BP. “The…
In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with exploration efficiencies starting to deliver results. The…
Norway’s Petroleum Safety Authority’s (PSA) investigation into Saipem’s Scarabeo 5 semisubmersible fire in the Njord field revealed several regulatory breaches that occurred in November 2016. Image of the Scarabeo 5…
TGS and Petroleum Geo-Services (PGS) have expanded their jointly owned multi-client library offshore Eastern Canada. Map of Cape Broyle 3D, from TGS. The new Cape Broyle 3D survey…
Faroe Petroleum has gained consents for the drilling of an appraisal well 31/7-2S on the Brasse discovery. Faroe, as operator has entered into a contract with Odfjell Drilling for the use of the semisubmersible drilling rig, the Deepsea Bergen…
Xodus Group has formed a partnership with Orkney-based Green Marine to launch a new integrated service for the maintenance of offshore renewable assets. The lifecycle approach will utilize Xodus’ new integrity management software tool…
Construction contracts have been awarded for Ophir Energy's Fortuna LNG project offshore Equatorial Guinea. Fortuna will be Africa’s first deepwater FLNG project and is targeted for first gas in mid-2020 at a cost of US$2 billion. The project…
UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…
UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…
Saipem has been awarded a new engineering, procurement, construction and installation (EPCI) contract for the subsea umbilicals, risers and flowlines (SURF) package for ExxonMobil's proposed Liza project. Located about 120mi offshore Guyana in 1800m water depth…
Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan. The contract extends Wood Group’s support of NCOC. The company…
Fugro started the Mareano hydrographic survey encompassing an area of Norwegian waters of approximately 15,000sq km. The MV Fugro Helmert, from Fugro. The contract was awarded…
The Board of Directors of Siemens Gamesa Renewable Energy unanimously appointed Markus Tacke as the company's new chief executive officer (CEO), effective immediately. Image of Tacke, from Siemens Gamesa…
Oceanteam received written notice from its joint venture partner McDermott, in which McDermott has committed to purchase Oceanteam's remaining 25% stake in the vessel-owning company North Ocean 105 on 20 June 2017. This is in line with…
Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…
Subscribe
