The Centrica Energy-operated 43/13b-7 Pegasus West well in the Southern North Sea indicated the presence of gas, reported partner Atlantic Petroleum. Following the analysis of available data, the joint venture has decided to drill stem test the well…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
Statoil has received consent from the Petroleum Safety Authority to use the COSLInnovator mobile drilling facility for production drilling on the Troll field using the controlled mud level method. The consent covers the use of COSLInnovator for production drilling on 8½in…
Atlantic Petroleum says the Orlando field development in the UK North Sea continues to progress to end of 2016 field oil. The field, in Block 3/3b in the northern North Sea, is being developed as a subsea tie-back to the CNR International operated Ninian Central platform…
Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil. Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…
Vard Marine has been awarded a US Patent for their design and engineering of a Dual Fuel Vessel. The company also announced that later this year; the first of six 5100DWT vessels to be built under this patent will be delivered. The…
Acteon has acquired independent survey services company UTEC Survey. Houston-headquartered UTEC offers services to gather, process and manage data that supports informed decision-making across the entire life of a subsea field. It generated revenues in excess of US$84 million…
State-run China National Offshore Oil Corp. (CNOOC) issued an exploration tender inviting foreign oil companies to bid for 33 oil and gas blocks. The gas blocks cover an area of 126,108sq km off east and southern China. CNOOC says…
McDermott International, Inc. expects its latest vessel, construction support vessel 108 (CSV 108), to join the fleet in 2015. The McDermott CSV108 is expected to join the fleet in 2015, once the final deck equipment has been installed…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
PMI Energy Services opened a shorebase in Morgan City, Louisiana, focused on supporting shelf, coastal and inland waters production and drilling activities. PMI MC Shorebase, aerial south to north PMI’s…
Singapore-based Pioneer Marine awarded Wärtsilä a contract to supply 22 bulk carriers under construction at Yangzhou Guoyu Shipbuilding Co. in China, with ballast water management systems. 44 Wärtsilä…
UK oil and gas engineering firm FES International has won a US$1,250,000 contract to supply four diverless bend stiffener connectors to NOV Flexibles. Diverless bend stiffener connectors (DBSCs) enable the quick, efficient and cost effective…
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