Latest News - page 2212

 

Israeli government rejects Alon, Ruth extensions

Dec 03, 2015

The Israeli Minister of National Infrastructure, Energy and Water Resources rejected Delek Group’s petition for Alon B/365, Alon F/369, Ruth A/358 and Ruth B/359 licenses offshore Israel. The rejection follows the Oil Commissionaire’s previous decision not to approve the extension request…

NADL inks West Rigel standstill deal

Dec 03, 2015

North Atlantic Drilling  (NADL) entered into a standstill agreement, effective until June 2016, with Jurong Shipyard for the delivery of the sixth generation harsh environment semisubmersible drilling rig, the West Rigel. During the standstill period until June 2016…

Statoil seeks new Barents acreage

Dec 03, 2015

Statoil delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. Map of the 23rd licensing round, from Statoil. It…

Anadarko, Eni in Mozambique LNG venture

Dec 03, 2015

Anadarko and Eni inked a unitization and unit operating agreement (UUOA) to develop 24 Tcf of natural gas reserves from two blocks offshore Mozambique. Image of Mozambique operations, from Anadarko…

BHR opens downhole test facility

Dec 03, 2015

Fluid engineering firm BHR Group has launched a commercially available, open-access downhole test facility, based in Cranfield, UK. The onshore facility is the first of its kind in the UK, providing an easily-accessible, secure, flexible…

Australia clears Shell, BG merger

Dec 03, 2015

Shell's US$70 million BG Group merger deal has finally been approved by the Australia's Foreign Investment Review Board. The move had been delayed from mid-September to November by the Australian Australian Competition and Consumer Commission…

Marathon abandons Solomon in Gulf of Mexico

Dec 03, 2015

Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…

Providence to take North Celtic Sea stake

Dec 03, 2015

Providence Resources has agreed an option with Petronas subsidiary PSE Kinsale Energy to take a stake in the southern portion of Offshore Petroleum Lease 1 (OPL 1) adjacent to the Barryroe oil field in the North Celtic Sea Basin.   Under the terms of the option…

EHL enters extension period

Dec 02, 2015

Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…

AVEVA releases Brownfield software

Dec 02, 2015

Image: AVEVA Everything 3D 2.1 /AVEVA AVEVA announced the commercial launch of AVEVA Everything3D 2.1 (AVEVA E3D). The software is designed to increase productivity for EPCs and owner operators…

Seanamic gets new manager

Dec 02, 2015

Image: David Henderson/ Seanamic Seanamic has appointed David Henderson as business development manager responsible for growing the company’s profile in the supply of integrated surface to seabed systems for offshore applications…

Hydratight seals deal with Subsea 7

Dec 02, 2015

Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…

North Energy sells PL 707 stake

Dec 02, 2015

North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…

Schlumberger set for Q4 job cuts, Cameron merger

Dec 02, 2015

Schlumberger has decided to “right size” its organization with another round of job cuts this quarter that will see the oil services giant incur an estimated restructuring charge of about US$350 million. Schorn…

Alba B3 platform leaves for African waters

Dec 02, 2015

Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…

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