The US$70 billion Shell and BG Group merger is being delayed until November 2015 by the Australian Competition and Consumer Commission (ACCC) after a warning that the billion dollar takeover could increase Australian gas prices, plus limit domestic gas supplies…
Centrifugal pumps and systems manufacturer SPP Pumps has confirmed the expansion of its business in Norway, with the announcement of a partnership with Hillevag Elektro-Diesel - specifically for the oil and gas market. Ian Burrows (Head…
Tata Steel has been awarded a multi-million pound contract for the Maersk Culzean project in the UK central North Sea – one of the largest discoveries in the region in the last 10 years. The company will be responsible for providing more than 18…
Houston's VAALCO Energy says it has achieved first oil from the North Tchibala 1-H well at a gross rate slightly above 3000 b/d. The well was drilled to a measured depth of approximately 11,160 feet, targeting the undeveloped Dentale reservoir…
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt. The Taurus Libra development is a subsea project tied in to existing BG Group operated Burullus facilities…
VNG Norge has made an oil discovery in the main bore of the Boomerang exploration well offshore Norway. Well 6406/12-4S on Boomerang was drilled close to the Pil discovery and encountered a 26m gross Upper Jurassic intra-Spekk/Rogn sandstones with good reservoir properties and moveable oil…
Cairn Energy has started a new 3D seismic survey over the Sangomar Deep, Sangomar and Rufisque permits, offshore Senegal. The Polarcus Adira 3D seismic vessel is acquiring data in the north and east parts of the permits along trend from…
At 300m below the surface of the Norwegian Sea, the world’s first subsea gas compression facility has come on stream, Statoil announced this morning. The NOK 19 billion (US$2.34 billion) Åsgard subsea gas compression project, known as project Nemo to some internally…
Fugro has formed a strategic alliance with Coremar, a Colombian turnkey port, marine services, and logistics provider. The objective is to provide life-of-field solutions to the oil and gas industry in Colombia and the Caribbean, particularly in the delivery of geophysical…
Mexico’s Secretaría de Hacienda y Crédito Público (SHCP) released the minimum fiscal terms that must be met by companies in order to win development rights in the second phase of Round One, scheduled for the end of September. Image…
Africa-focused Tower Resources announced the signing of the shallow water Thali (formerly known as Dissoni) production sharing contract (PSC), offshore Cameroon. The PSC signing ceremony took place on 15 September 2015 at the offices of Société Nationale des Hydrocarbures (SNH) in Yaoundé…
North Energy’s board is in the process of adopting additional, extensive reductions that may lead to a possible merger. The reduction program will see the company close some of its offices; reduce operating costs, and its workforce that is being blamed on the persistent…
Cortland Co. delivered a precision lifting solution for the successful installation of a topsides module offshore in the UK North Sea Cortland worked with Seaway Heavy Lifting who were contracted for the transportation and installation of the module…
Trelleborg’s engineered products operation fast-tracked the manufacture, testing and delivery of its floatover mating technology for a major oilfield project in the South China Sea, in just four months. This allowed the stalled project to quickly and safely commence installation…
NaviModel is part of the EIVA software suite NaviSuite and designed to offer subsea survey and engineering professionals an extensive tool for 4D data modeling and visualization. Features include survey data inspection and eventing, automatic cleaning…