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Iran nuclear deal approved

Oct 13, 2015

Iran’s historic nuclear deal with six world powers was approved by the country’s parliament today (13 October) with 64% in favor of the bill, clearing a hurdle for sanctions against Iran being lifted. Iranian parliament approves JCPOA bill…

Repsol comes up dry in Barents

Oct 13, 2015

Repsol Norge is plugging its wildcat well 6306/5-2 (Hagar) on production license 642 after the well was found to be dry. The Hagar well was drilled about 65km southwest of the Njord field and 35km southeast of the 6406/12-3 S and A discoveries (Pil and Bue) in the Norwegian Sea…

BlueTEC Texel project takes next step

Oct 13, 2015

The BlueTEC Texel Tidal energy project partnership is planning to install a second larger turbine on its system after the first months of operating the BlueTEC tidal energy platform were seen to be a success, supplying electricity into the Dutch national grid…

Bourbon to use Kongsberg E-LARS

Oct 12, 2015

Kongsberg Evotec, a fully owned subsidiary of Kongsberg Maritime, signed an agreement with Bourbon Offshore Norway for the delivery of the E-LARS launch and recovery system for remote operated vehicles (ROV). The delivery will take place in December 2015…

VAALCO to re-sequence Gabon program

Oct 12, 2015

VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…

Fugro wins Blue Stream pipeline work

Oct 12, 2015

Fugro has been awarded a contract by Blue Stream Pipeline Co. for the provision of survey support vessels and associated survey services to perform the 2015 external pipeline inspection for the offshore, shore approach, and dry section components of the Blue Stream Pipeline System…

INEOS acquires DEA North Sea fields

Oct 12, 2015

INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group. Image from INEOS. INEOS Upstream will acquire gas fields…

Eni gets two more Egyptian licenses

Oct 12, 2015

Eni is increasing its presence offshore Egypt, as the company picks up two licenses in the 2015 EGAS bid round. Image from Eni Flickr. The two exploration licenses, North El Hammad and North Ras El Esh…

North Energy, Pure in Barents Sea farm out

Oct 12, 2015

North Energy has signed a sale and purchase agreement with Pure E&P Norway, whereby North Energy sells its 10% interest in production license (PL) 708 to Pure. The effective date of the agreement is set at 1 January 2015, and the transaction…

BP's Glen Lyon close to sailaway

Oct 12, 2015

BP's Glen Lyon floating production, storage and offloading vessel (FPSO) is nearly finished and due to sail away to the North Sea next month, BP has said in posts on social media. The firm, which posted a video of the naming ceremony…

Statoil fires up Gullfaks wet compression first

Oct 12, 2015

Norwegian firms have chalked up yet another subsea first on the country's continental shelf. Just weeks after Statoil brought the Aasgard subsea gas compression project online, on 17 September, Statoil has announced it has now also started…

New COO for Lamprell

Oct 12, 2015

Dubai-based fabrication and engineering firm Lamprell has promoted Niall O'Connell to chief operating officer in its latest staffing change. In August, the firm announced CEO James Moffatt, who joined Lamprell in 2013, is to retire in June next year…

BP rewards Ocean Installer

Oct 12, 2015

UK-based SURF contractor Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities…

Saipem racks up $680 million in new contracts

Oct 09, 2015

Saipem announced it has won new engineering and construction contracts cumulatively worth approximately US$680 million (€600 million). Included are contracts awarded by Saudi Aramco and Eni. The contract with Saudi Aramco is an EPCI job…

PTTEPI inks EDrill-2 for Zawtika

Oct 09, 2015

PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…

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