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Gazprom targets Baltic LNG

Jan 22, 2015

Russia’s Gazprom announced plans to build a new LNG plant on the Baltic Sea on Thursday (22 January).  The project, called Baltic LNG, will be built at Ust-Luga, in the Leningrad region, near the Gulf of Finland. It will be capable of producing 10 MPTA of LNG…

North Dragon semisub completed

Jan 22, 2015

China’s CIMC Raffles completed its first Arctic-operable semisubmersible for client North Sea Rigs at its Yantai yard, the company announced on 19 January. CIMC Raffles designed the semisub together with Global Maritime. The North Dragon…

PPE opens new Texas facility

Jan 22, 2015

Precision Polymer Engineering (PPE) announced the official opening of its new manufacturing facility in Brenham, Texas on 12 February 12 2015. The new site, which began production in November 2014, manufactures high performance compression…

BPZ spuds new Albacora well

Jan 22, 2015

BPZ Energy spudded a new well in the Albacora development well, offshore Peru. Map of Block Z-1. From BPZ.   Well A-22D was spudded on 10 January due to positive results from Albacora well A-27D…

Tidal energy ROV design project launched

Jan 22, 2015

Tidal energy operations provider Mojo Maritime Norwegian ROV firm IKM Subsea have jointly secured a significant EU Horizon 2020 Grant to support a €1,200,000 research and development project to develop an ROV for use in high energy tidal sites…

UK tax talks fast-tracked

Jan 22, 2015

UK Prime Minister David Cameron has reinforced the government’s support for the North Sea oil and gas industry at a meeting with industry representatives, hosted jointly with Treasury ministers Danny Alexander and Priti Patel. Chief Secretary…

Analysts: Mexico remains competitive

Jan 22, 2015

With Mexican oil open to private investment for the first time, the country’s initial bidding round is expected to remain competitive despite low oil prices, delays and a number of uncertainties, according to research and consulting firm GlobalData…

Faroe lines up Norwegian drilling

Jan 22, 2015

Faroe Exploration is planning four exploration wells offshore Norway in 2015 - Shango, Pil, Blister and Kvalross. Shango, operated by Total (Faroe 20%), is in the Norwegian North Sea on the northern part of the prolific Utsira High. The…

Ivar Aasen production drilling starts

Jan 22, 2015

Maersk Drilling's Maersk Interceptor harsh environment jackup drilling rig has started production well drilling on Det norske oljeselskap's Ivar Aasen development in the Norwegian sector of the North Sea. The drilling campaign will last…

Santos completes 2D off Bangladesh

Jan 22, 2015

The Binh Minh 2 vessel completed a 3146km 2D seismic acquisition program in the Santos-operated SS-11 block, offshore Bangladesh. Block SS-11 covers an area of 4475sq km in the Bay of Bengal over the Bengal Fan. The majority of the block lies in shallow waters of up to 200m…

ABS awards AIP for HHI drillship

Jan 22, 2015

ABS awarded approval in principle (AIP) for Hyundai Heavy Industries’ (HHI) next-generation HD12000 heavy duty, wide beam drillship design. The drillship, which can accommodate a 20,000-psi blowout preventer system, has been designed in full…

J+S installs HsV on CNR Lyell MPBP

Jan 21, 2015

J+S created a bespoke engineering solution to terminate HV connectors complete with pigtails onto an existing umbilical. The solution required replacement of a single 3-phase connector with separate phase connections to each core. J+S enabled an in-field assembly onto the existing umbilical…

Chevron, SK LNG sign Gorgon contract

Jan 21, 2015

Chevron’s Australian subsidiaries signed a binding sales and purchase agreement (SPA) with SK LNG Trading (SK), in which SK will receive 4.15 million-tonne of liquefied natural gas (LNG) over a five-year period starting in 2017. Gorgon LNG site…

Cairn completes Catcher farm-out

Jan 21, 2015

Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…

Lekoil eyes early Otakikpo production

Jan 21, 2015

Lekoil Nigeria is eying a two-phase field development plan for its Otakikpo marginal field project offshore Nigeria.  The firm, which received approval, in early December 2014, to perform planned recompletions of the 002 and 003 wells on Otakikpo…

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