Latest News - page 2160

 

Tracerco technology arrives in Australasia

Feb 26, 2016

Tracerco, an oil and gas service company part of Johnson Matthey, has brought its technology to the Australasia region, permanently basing their equipment at their Western Australia facility in Perth. OTC Spotlight on New Technology 2015 winner…

Black Platinum to drill off Indonesia

Feb 26, 2016

Private equity funded Black Platinum Energy will move ahead with its plans for appraisal and development activities to prove up its shallow gas plays in East Natuna, offshore Indonesia, despite current industry conditions. Plans include drilling one exploration well…

Rowan inks Ralph Coffman gig

Feb 26, 2016

EOG awarded Rowan a contract to utilize the Ralph Coffman jackup, offshore Trinidad. The rig will mobilize from the US Gulf of Mexico and is estimated to commence operations in Q3 2016 for five wells with an estimated duration of one year at a rate of US$135…

Total moves in deepwater Sri Lanka

Feb 26, 2016

The government of Sri Lanka gas signed a joint study agreement (JSA) with French major Total covering two ultra-deep exploration blocks offshore its east coast.  The study's objective is to explore the two offshore blocks (JS5 and JS6) for hydrocarbons…

SOCO's Congo well dry

Feb 26, 2016

London-based SOCO International's Baobab Marine-1 commitment well is to be plugged and abandoned after finding no oil or gas.  The well was drilled on the Mer Profonde Sud Block, in the Lower Congo Basin, offshore Congo. Drilling…

Eni: Zohr a mega tank of natural gas

Feb 26, 2016

Italian oil major Eni has completed its first appraisal well on the giant Zohr gas discovery in the deep water Shorouk block offshore Egypt. The firm, which is now preparing for a well test, says the latest well on Zohr confirms the Zohr…

MX Oil sells Aje stake

Feb 26, 2016

MX Oil has agreed terms for the sale of its 5% stake in the Aje field offshore Nigeria to GEC Petroleum Development Co. (GPDC), a Nigerian company. GPDC, a wholly owned subsidiary of Global Energy Co., operates two licenses offshore (OPLs…

Deepwater Egypt win for Subsea 7

Feb 26, 2016

Subsea 7 has won an engineering, procurement, installation and pre-commissioning contract on BP's deepwater West Nile Delta project, offshore Egypt.  The contract covers the subsea infrastructure for 12 wells on the Giza, Fayoum and Raven…

Brazil's Senate passes pre-salt bill

Feb 25, 2016

Brazil’s Senate passed a bill that could strip Petrobras of its role as sole operator of the country’s pre-salt fields. Image of José Serra, from Senado Federal Flickr.  Yesterday…

Halliburton to cut 5000 more jobs

Feb 25, 2016

Oilfield services giant Halliburton will reduce its workforce by 8%, or 5000 positions, amid the falling oil prices. Image from Halliburton Twitter. The recent cuts add to the approximate 26…

KrisEnergy completes Gulf of Thailand drilling

Feb 25, 2016

Singapore’s KrisEnergy completed development drilling in the G10/48 and the G11/48 licenses in the Gulf of Thailand. The G10/48 license is located in the Wassana oil field, which comprises 13 producer wells and one water disposal well…

Aqualis inks Cantex FPSO MWS work

Feb 25, 2016

Cantex Global Logistics awarded offshore marine and engineering consultancy Aqualis Offshore a contract to provide the marine warranty surveyor (MWS) services for FPSO P67 and P70 topside modules transportation from various Brazilian ports to COOEC’s yard in Qingdao…

Expro inks Statoil framework agreement

Feb 25, 2016

Expro secured a new framework agreement with Statoil in the Norwegian Continental Shelf (NCS). The agreement, for three years with options to extend for three, two-year periods will see Expro provide subsea services and well control systems…

China offers 18 offshore blocks

Feb 25, 2016

A total of 18 blocks are up for bid for exploration in 2016 to international oil and gas companies wanting to partner with operator China National Offshore Oil Co. (CNOOC). Map of blocks up for bid…

New Leviathan plan submitted

Feb 25, 2016

Partners on the massive Israeli Leviathan gas field have submitted a new plan for the field to the country's authorities which will decrease its cost by some US$1 billion, increase production capacity by 5 Bcm, and bring the project onstream in Q4 2019…

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