TGS has acquired approximately 141,000km, or 75%, of the planned 186,000km 2D seismic project, Gigante. Gigante covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic grid covering the entire US Gulf of Mexico…
Inpex completed the offshore pre-lay of the 77km chain and cable mooring system for its Ichthys LNG project in the Browse Basin, located off the northern coast of Western Australia. As part of the mooring system, 49 chains were laid on…
Just 10 months after the discovery at the Nooros field offshore Egypt, Italian giant Eni has increased production at the field to some 65,000 boe/d. Image from Eni. The milestone…
Maersk Training has signed a global framework agreement with Statoil to provide drilling simulation training for the next three years with an option to extend for additional two years. Statoil has identified a need for advanced drilling…
Australia's AWE rejected an unsolicited US$309 million (AU$420 million) takeover bid from US private equity group Lone Star Japan Acquisitions. Lone Star's proposal was to acquire all of the shares in AWE for a cash consideration of $0…
India will auction 67 small oil and gas fields on 25 May that will test some of the key policy changes introduced by the government in the upstream sector, local media The Economic Times reported. The fields previously held by ONGC and…
West Africa’s reputation as a place to work in has never been that high in the eyes of many offshore oil and gas workers, particularly Nigeria. After a period of relative calm, recent events have put oil firms in Nigeria back on high alert…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…
Russian oil giant Rosneft has started drilling on the Lebedinskoye oil and gas condensate field, which sits under the Sea of Okhotsk, in Sakhalin region, Russia. It will drill a 5.3km-long, horizontal extend-reach well, drilled from the coast of Sakhalin Island…
Norwegian seismic firm Polarcus has received a letter of intent from Spanish oil major Repsol for a broadband 3D survey offshore Morocco, to start Q3 this year. Repsol has exploration rights over two exploration blocks in Morocco, one offshore in the Gharb basin…
DeepOcean has named its latest vessel, the Maersk Connector, in Newcastle. The ceremony was held at A&P Tyne, where work to install the duel concentric 7000-tonne split capacity basket carousel, loading arms and associated cable handling equipment is nearing completion…
Sparrows Group has been awarded a 20-month inspection services contract to cover Stena Drilling’s global fleet of drilling vessels. The agreement will see Sparrows Group deliver LOLER lifting gear surveys, potential dropped objects surveys…
French engineering firm Technip has been awarded an engineering services contract by Australia's Woodside to provide multi-disciplinary engineering services as part of an engineering panel. This contract covers all Woodside operated onshore…
Several supermajor oil and gas companies including Anglo-Dutch supermajor Shell, Italian giant Eni, and US supermajor ConocoPhillips have surrendered more than 2 million acres in the Chukchi Sea. The Polar Pioneer…