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Indonesia orders world's first CNG carrier

Jul 31, 2014

Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN) has contracted with Qingdao Wuchuan Heavy Industry’s shipyard in northern China to build the world's first compressed natural gas (CNG) carrier…

Porcupine shows further promise

Jul 31, 2014

Canada’s Antrim Energy Inc. announced that recent evaluations have shown frontier exploration license (FEL) 1/13 in the Porcupine basin off Ireland’s west coast to contain what could be massive resources: an estimated unrisked prospective resource potential of 1…

Afren suspends top executives

Jul 31, 2014

London-based, Africa-focused explorer Afren has suspended CEO Osman Shahenshah as well as Chief Operating Officer Shahid Ullah pending the results of an investigation into unauthorized payments, the company announced on 31 July 2014. Afren…

FET expands DYNACON facilities

Jul 31, 2014

Forum Energy Technologies, Inc. (FET) completed the expansion of its DYNACON facilities in Bryan, TX. The expansion doubles the square footage of manufacturing space to 110,775sq ft, which includes larger welding and assembly shops. FET also added a 53…

Landmark acquires Neftex

Jul 31, 2014

Halliburton’s Landmark Software and Services acquired Neftex Petroleum Consultants Ltd. Neftex is a UK-based company specializing in sequence stratigraphy-based products and consulting for subsurface risk reduction. Neftex’s consistent…

API publishes new capping stack guidelines

Jul 31, 2014

The American Petroleum Institute (API) published new guidelines for the design, manufacture and use of subsea capping stacks, equipment designed as part of industry’s emergency preparedness in the event of a spill at a wellhead on the ocean floor…

ConocoPhilliips extends Archer contract

Jul 31, 2014

ConocoPhillips has extended its contract Archer Ltd. for the provision of platform drilling services for the Greater Ekofisk Area. The Greater Ekofisk Area is located in the southern part of the North Sea, 300km southwest of Stavanger…

TIP recognized by ASCE and Deep Foundations Institute

Jul 31, 2014

The Thermal Integrity Profiler (TIP) was awarded the 2015 winner of the Charles Pankow Award for Innovation by the American Society of Civil Engineers (ASCE). The award celebrates collaboration in innovative design, materials, or construction…

Rosneft, PDVSA enter offshore agreements

Jul 30, 2014

Rosneft and PDVSA entered into a cooperation agreement to implement offshore projects in the Rio-Caribe and Mejillones blocks, which is phase II of the Mariscal Sucre project. Both companies expressed interest to reach an agreement on key technical requirements…

P&A problems

Jul 30, 2014

The Fugro Synergy. From Fugro Drilling and Well Services. Plugging and abandonment accounts for about 43% of decommissioning costs. Operators and service companies are looking at ways to reduce the bill…

Eco Atlantic acquires block offshore Ghana

Jul 30, 2014

Eco Atlantic Oil & Gas Ltd.received approval from the Parliament of the Republic of Ghana to acquire a 50.51% interest in the Cape Three Points West block, located in the Tano Cape Three Points basin, offshore Ghana. The agreement is for 25 years…

Centrica appoints new chief executive

Jul 30, 2014

Iain Conn joins Centrica as chief executive effective 1 January 2015. Conn will also join the Centrica board, succeeding Sam Laidlaw who will retire from the board on 31 December 2014. Conn will also become chairman of the executive…

BOEM extends comment period

Jul 30, 2014

The US Bureau of Ocean Energy Management (BOEM) will extend its public comment period for its new five-year Outer Continental Shelf (OCS) oil and gas leasing plan for 2017-2022, the agency announced on 30 July 2014. BOEM says the decision…

Petrofac gets Shah Deniz contract

Jul 30, 2014

Petrofac secured a contract worth approximately US$8.4 million with the BP-operated Shah Deniz 2 project to provide their maintenance build capabilities. The contract covers new onshore, offshore and pipeline assets in the Azerbaijan sector of the Caspian Sea…

Ophir completes 3D seismic survey

Jul 30, 2014

London-based Ophir Energy completed a 3D seismic survey of the 1528sq kmexploration block, Junon, in the Seychelles exclusive economic zone, located about 125km southeast of the main Seychelles island of Mahé. WHL Energy Ltd., joint venture partner…

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