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Modec FPSO achieves first oil off Brazil

Dec 08, 2014

Modec’s Cidade de Mangaratiba MV 24 floating, production, storage and offloading (FPSO) vessel achieved first oil production in October in the BM-S-11 block, located in the giant pre-salt Santos basin, offshore Brazil. The Cidade de Mangaratiba…

Seaway to install Sandbank substation

Dec 08, 2014

Bladt Industries, Aalborg, Denmark has awarded Seaway Heavy Lifting the contract for the transportation and installation of the Sandbank substation. The substation platform consists of a jacket, skirt piles and deck and requires to be installed in the Sandbank Offshore Wind Farm…

Kosmos eyes Irish prizes

Dec 08, 2014

Kosmos Energy and partner Europa Oil & Gas are eyeing exploration drilling on new prospects offshore Ireland following new 3D seismic data on frontier exploration licenses (FEL) 2/13 and 3/13 licenses in the South Porcupine Basin. Kosmos Energy acquired the new 3D seismic in 2013…

Exxon selects Wood Group for Malaysian EPC work

Dec 08, 2014

Wood Group has been awarded a multi-year contract by ExxonMobil Exploration and Production Malaysia Inc (EMEPMI), a subsidiary of Exxon Mobil Corporation. Wood Group PSN and Wood Group Mustang will deliver brownfield engineering, procurement…

Small gas discovery for Centrica

Dec 08, 2014

Centrica Resources Norge has made a small gas discovery about 20km from Statoil's Aasta Hansteen development in the Norwegian North Sea, says the Norwegian Petroleum Directorate (NPD).  The 6707/10-3 S well, in production license 528 B…

BHI international rig count for November 2014

Dec 05, 2014

Baker Hughes Inc. issued the November 2014 international rotary drilling rig count today, showing a total of 1324 rigs operating worldwide in November 2014, outside of the US & Canada. International activity in November was up 16 rigs from the 1308 rigs drilling in October 2014…

Ensco names new EVP

Dec 05, 2014

Ensco has promoted Carey Lowe to executive vice president, reporting directly to CEO and President Carl Trowell. He will be responsible for overseeing investor relations, public relations, employee communications and branding, led by vice president Sean O’Neill…

Saipem notified of South Stream suspension

Dec 05, 2014

Saipem received a 'notification of suspension of marine spread activities,' which covers all vessels currently engaged in activities related to Gazprom’s South Stream pipeline project, including the Saipem 7000 J-Lay vessel.  Image…

Statoil extends three rig suspensions

Dec 05, 2014

Norwegian giant Statoil announced it is extending the suspension periods for three of its semisubmersible rigs due to overcapacity. The COSL Pioneer. From Ole Jørgen Bratland, Statoil.   The COSL Pioneer…

Halliburton announces Baker integration plan

Dec 05, 2014

After one of the biggest merger deals of the year, Halliburton is moving forward with the announcement of its new board of directors, beginning with the appointment of Mark McCollum as executive vice president and chief integration officer…

Ophir signs Myanmar PSC

Dec 05, 2014

Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…

Bumi Armada CEO steps down

Dec 05, 2014

Hassan Basma, the chief executive officer (CEO), and executive director of Bumi Armada Berhad is leaving the company for personal reasons. Basma. From Bumi Armada.   The board of directors…

Pemex, Reliance Industries sign MOU

Dec 05, 2014

Petróleos Mexicanos (Pemex) and India’s Reliance Industries (RIL) signed a memorandum of understanding (MOU), in which both companies will explore business opportunities in exploration, production, refining and industrial processing in Mexico…

Rosneft: Kara Sea field reserves confirmed

Dec 04, 2014

Russian authorities confirmed the reserves in the Pobeda oil and gas field, located on the Kara Sea shelf, Rosneft announced. The field was discovered through the Universitetskaya-1 well. The gas reserves were discovered in the chalk deposits of Cenomanian Age and Apt-Alb Age…

Statoil invests in Hammerfest LNG

Dec 04, 2014

Statoil plans to pump an additional NOK20 billion (nearly US$2.9 billion) in its Hammerfest LNG plant in Melkoya to increase its production capacity, Norwegian news service NRK has reported. A new pipeline and compression facility are envisioned for the plant…

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