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TGS 75% complete on Gigante, Mexico

May 12, 2016

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 completes Ichthys pre-lay

May 11, 2016

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…

Eni ups Nooros production, off Egypt

May 11, 2016

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, Statoil sign drilling agreement

May 11, 2016

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…

AWE rejects Lone Star Japan takeover

May 11, 2016

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 to auction 67 fields

May 11, 2016

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…

UPDATED: Nigeria on high alert

May 11, 2016

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…

Premier cuts 15% Catcher costs

May 11, 2016

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…

North Sea drilling outlook remains bleak, says Awilco

May 11, 2016

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…

Rosneft spins bit under Sea of Okhotsk

May 11, 2016

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…

Polarcus lined up for Morocco shoot for Repsol

May 11, 2016

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…

Maersk Connector named in Newcastle

May 11, 2016

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 inks Stena Drilling gig

May 11, 2016

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…

Technip inks Woodside, Australia, engineering contract

May 11, 2016

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…

Supermajors drop Arctic leases

May 10, 2016

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…

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