Atlantic Petroleum entered commercial agreement to farm out 6% of its 15% ownership in license PL528 in the Ivory prospect located in the Norwegian Sea to Repsol. The deal is subject to government approval. The Ivory prospect is gas prone…
SNC-Lavalin Group Inc. announced it completed its acquisition of Jersey-based oil and gas services company Kentz Corp. Ltd. The acquisition of Kentz supports SNC-Lavalin’s ongoing transformation into a global Tier-1 engineering and construction (E&C) company…
The Cidade de Mangaratiba FPSO has begun its journey from the BrasFels shipyard in Angra dos Reis to the Iracema South area of Petrobras’ Lula field, offshore Rio de Janeiro. The FPSO will be connected to wells in the pre-salt layer of the Santos basin…
EMAS AMC has a new frame agreement with Apache North Sea for subsea construction in the UK North Sea. The awarded frame agreement includes pipeline construction, umbilical/cable lay, structure installation and other related offshore construction services…
Santos announced the discovery of gas-condensate at the Lasseter-1 exploration well in WA-274-P, located in the Browse basin, offshore Western Australia. The Lasseter-1 well is located approximately 35km east-southeast of Santos’ Crown…
Rosneft, Seadrill Ltd. and North Atlantic Drilling Ltd. (NADL) entered into a framework agreement. The cooperation would see the Russian producer exchanging assets for shares in the Norwegian drilling company, which specializes in harsh environment operations…
2H Offshore appointed Paul Hopkins as principal engineer to develop 2H Offshore’s growing client base in Norway. Hopkins worked for 2H Offshore from 2001 - 2006 on a diverse range of riser projects, including Exxon’s Kizomba A and B developments and BP’s Shah Deniz project…
Lerwick Port Authority (LPA) and international energy logistics company Peterson is planning investment totaling £20million to make Lerwick, Shetland, a decommissioning centre of excellence. LPA is undertaking a £11.95 million quayside…
Tracerco has started a new phase of development for its Dicovery technology, aimed at targeting new applications for the technology. Discovery was developed for the subsea pipeline industry to take a 360 degree tomographic scans of…
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with Total E&P Norge AS to provide a real time integrity monitoring system, to measure platform displacement during drilling operations. The two-year contract…
Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two FPSOs destined for the Kaombo development offshore Angola. The US$4 billion project for the FPSOs was awarded to Saipem by Total for the engineering…
Statoil has put its money where its mouth is and awarded engineering firm Kvaerner a concept study related to a standardized, unmanned dry tree wellhead platform for the Oseberg Future Development project. Having an unmanned dry tree…
Work is due to start in Q4 this year on what its backers are calling the world’s biggest tidal array after its owners agreed a £50 million funding package from the Scottish and UK Governments and the UK's Crown Estate. The MeyGen project…
One of the biggest oil events in the global calendar opens in Stavanger on Monday, with speakers, exhibitors and delegates expected from all corners of the globe. The last event, held in 2012, attracted nearly 60,000 visitors, 1264 companies…
Mexico's Pemex has started a corporate restructure to become a more 'flexible and efficient,' it announced today. The announcement comes after Mexican president Enrique Pena Nieto approved the country's historic energy reform earlier this month…
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