A new London-based firm co-founded by the former CEO of Cobalt has launched a US$30 million 'flat pack' accomodation barge design for use by the extractive and construction industries, including offshore oil and gas companies. The barge-based new design…
Norway's Statoil and Nicaragua's DNP-Petronic signed a cooperation agreement for future oil and gas activities offshore Nicaragua's Pacific coast, it was announced on 3 September 2014. Statoil says that the consortium (Statoil and…
Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…
Bentley Systems Inc. released MOSES V7.1 software for the hydrostatic and hydrodynamic analysis of offshore platforms and vessels. MOSES’ functionality covers stability, motions, and mooring studies of offshore operations and aims to…
Mubadala Petroleum began drilling operations at the Manora oil development in the Northern Gulf Thailand, reported joint venture partner Tap Oil Ltd. The Atwood Orca jackup did the honors of spudding MNA-02, the first of 15 planned development wells…
Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…
Downer EDI Ltd. secured a contract on the Chevron-operated Gorgon project, located on Barrow Island off the northwest coast of Western Australia. The US$170 million contract is for an initial term of 12 months, with extension options…
Venezuelan President Nicolas Maduro announced a restructuring of state oil company PDVSA, replacing Rafael Ramirez with Eulogio del Pino. Del Pino, former exploration and production chief, will take the reigns as the new president of the Venezuelan state oil company…
Dolphin Geophysical has been awarded an industry first ever 16 streamer 3D seismic contract for an undisclosed client in the Kara Sea. The contract has a duration of approximately three months and will start in Q2 2015. Dolphin will…
Keppel Offshore & Marine Ltd (Keppel O&M) subsidiary Keppel Shipyard is in the process of finalizing contracts with a subsidiary of Golar LNG to convert a second Moss LNG carrier, the GIMI, into a floating liquefaction vessel (FLNGV). The contract follows a contract with Golar Hilli…
Polarcus says JSC Dalmorneftegeophysica (DMNG), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin. The program, requiring two Polarcus A-Class vessels…
Tullow Oil announced that its subsidiary Tullow Exploration & Production has agreed to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy, a subsidiary of Mercuria Energy Group…
A US federal district court judge ruled on Thursday that the Macondo blowout, which killed 11 workers, and spilled millions of barrels into the US Gulf of Mexico was the result of BP’s gross negligence and willful misconduct. BP’s contractors Transocean and Halliburton were both found negligent…
Dolphin Geophysical has been awarded a contract for the acquisition and processing of a 7000sq km SHarp Broadband 3D survey off Senegal by Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess has commenced operations, which will be completed in approximately four months…
Tenaris is now the sole owner of Socotherm Brasil, having bought out Socotherm America's 50% share. The Socotherm Brasil coating facility, located beside the Confab welded pipes mill in Pindamonhangaba, São Paulo, was previously managed in partnership by Tenaris and ShawCor…