Private equity backed explorer Azinor Catalyst has agreed to acquire 50% interest in license P2243 on the UK Continental Shelf from Zennor North Sea. The license contains Block 14/17a and is adjacent to Azinor’s Partridge license P.1989…
Independent Oil and Gas (IOG) has submitted a field development plan (FDP), in draft format, for the Blythe gas field to the Oil and Gas Authority (OGA). The Blythe field, 100% owned and operated by IOG, is in the southern North Sea…
French independent Perenco has acquired a 70% interest in the Teak, Samaan and Poui Block (TSP) in Trinidad and Tobago. The interest in the fields, offshore south east of Trinidad, has been bought from Repsol E&P T&T, a subsidiary of Spain's Repsol…
DSME and Kongsberg Maritime entered into joint development agreement (JDA) to develop a new liquefied natural gas (LNG) floating storage and regasification unit (FSRU) control system Image of Wean…
Allseas and Nord Stream 2 signed a letter of intent (LOI) covering the offshore pipelay work for the Nord Stream 2 Pipeline through the Baltic Sea, marking the second major pipelay project that the Dutch heavy weight has entered this week…
SeaBird Exploration has signed an agreement for the Northern Explorer vessel for an upcoming 2D seismic survey in South America. The project is anticipated to commence in late December 2016 and will have a duration of approximately 45 days.
The new Baker Hughes is expected to generate a revenue of some US$34 billion, have approximately 70,000 employees, and operate in more than 120 companies, according to GE Oil & Gas CEO Lorenzo Simonelli. Image of Simonelli…
Henry Woo is to head up the Asia-Pacific (APAC) division at Hansa Heavy Lift, taking over from Joerg Roehl. Woo, who will be based at the shipping line’s Asia headquarters in Singapore, has two decades of experience in the supply chain and shipping industry…
Malaysia-based Petronas has hit a milestone with its PFLNG SATU last week, as the unit produced its first drop of liquefied natural gas (LNG) from the Kanowit gas field, offshore Sarawak. The PFLNG SATU…
Independent Oil and Gas (IOG) has extended the licenses for Blocks 48/22b and 48/23a in the Southern North Sea (SNS) containing the Blythe gas discovery (P1736) until 31 December 2017, following discussions with the UK Oil & Gas Authority…
Zilift, a developer of permanent magnet technologies for innovative artificial lift applications for the energy sector, has successfully achieved the installation, operation and retrieval of a slim-line cable deployed electrical submersible pump (ESP)…
OMS has added a new internal grinding service to address the many difficult challenges faced by welding engineers. Now, areas of corrosion which were once left to degrade, or the problems associated with excessive weld root penetration can be addressed from within the pipe…
Global Marine Systems secured a contract from Tampnet. The contract is designed to further enhance inter oil-field communication networks in the North Sea. Work will be undertaken in 2018 by one of the company’s key installation vessels…
Emerson Automation Solutions has released Roxar RMS 10, the latest version of its reservoir characterization and modeling software. Through a host of new features and greater workflow integration to support the Big Loop solution, RMS 10 provides improvements to the seismic to simulation workflow…
Polarcus received two letters of intent from two undisclosed clients for two additional marine seismic projects offshore South America. The projects, one 3D using Polarcus' RightBAND technique for broadband data acquisition and one 4D monitoring survey…