Shell Todd Oil Services (STOS) is a step closer to its latest drilling program on the Māui field offshore New Zealand. New Zealand's Environmental Protection Authority (EPA) has given a 35-year marine consent to the company, a joint venture between Shell and Todd Petroleum Mining…
Houston-based Paragon Offshore entered into a US$300 million sale-leaseback agreement with SinoEnergy for two heavy-duty harsh environment jackup rigs. Propsector 1. From Paragon. According to the terms of the agreement…
Construction of Subsea 7’s heavy construction vessel, the Seven Arctic, is proceeding on schedule with the vessel targeted for delivery in 2016. The vessel, which is in dry dock at Hyundai Heavy Industries in South Korea, is being readied…
Alfa Laval, a provider of heat transfer, centrifugal separation and fluid handling solutions, won an US$10.2 million (SEK 85 million) order for separation modules. The order, booked in the Energy & Process segment, is scheduled for delivery this year…
Petróleos Mexicanos (PEMEX) awarded McDermott International an engineering, procurement, construction, installation (EPCI) and pre-commissioning contract for the Ayatsil-C replacement jacket and associated deck installation, offshore Mexico…
Forty years ago this month (June), after a frenzy of exploration and something of a race to be first, first oil was produced from the UK North Sea. Opened by then-UK Energy Secretary Tony Benn, the Hamilton Brothers’ Argyll field beat BP’s Forties field to the post by just over three months…
Electromagnetic Geoservices (EMGS) will return to Mexican waters for Petróleos Mexicanos (PEMEX) to continue a 3D electromagnetic (EM) acquisition that was part of a 2013 contract between the two companies. The BOA Galatea…
Fugro and the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs, have signed two contracts to investigate the Borssele wind area, off the Zeeland coast. The work scope includes measuring meteorological…
UK well services contractors have predicted they will suffer a 23% drop in revenues in 2015 as they to feel the full effects of the downturn in oil prices. The drop in 2015 revenues would follow a mere 1% increase in revenues in 2014…
UK-based ASCO Group is to provide supply base services for Austrian operator OMV's operations in the Norwegian Sea and Barents Sea. The contract, ASCO's first with OMV, will last three years from 1 January 2016 with two, one-year option periods…
Petrofac has been selected as duty holder for newly appointed southern North Sea Sean field operator Oranje-Nassau Energie (ONE), as of 1 June. Dutch operator ONE made its first step into UK waters when it bought a 50% stake in and took…
Lundin's Morkel exploration well in the Norwegian sector of the North Sea has made a small but uncommercial discovery. The well, 33/2-2 S in production licence 579, was drilled about 40km northwest of the Snorre field, 180km west of Florø…
North Sea-focused Independent Oil and Gas (IOG) signed a sale and purchase agreement to acquire the 50% of license P1609 containing the Skipper discovery from Alpha Petroleum Resources (Alpha). This transaction will result in IOG’s independently verified 2C resources increasing by 13…
BOURBON completed laying 30 tons of submarine cable as part of the Sabella D10 project off the island of Ushant, part of Brittany, France. The cable will link the Sabella D10 tidal turbine to the Ushant power grid. Utilizing a Falcon series ROV and the support vessel Argonaute…
BG Group completed the sale of its wholly-owned 543km pipeline network linking natural gas fields and the Queensland Curtis Liquefied Natural Gas (QCLNG) export facility to APA Group. This transaction has resulted in gross proceeds for BG Group of around US$4…
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