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Eni CEO investigated for corruption

Sep 11, 2014

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’s dual fuel vessel gets patent

Sep 11, 2014

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 acquires UTEC

Sep 11, 2014

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…

CNOOC opens 33 blocks off China

Sep 11, 2014

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 CSV108 to join fleet in 2015

Sep 11, 2014

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 begins drilling off China

Sep 11, 2014

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 opens shorebase on Louisiana coast

Sep 11, 2014

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…

Wartsila wins ballast water management contract

Sep 11, 2014

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…

FES connectors for Mariner development

Sep 11, 2014

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…

MeyGen secures 25-year lease

Sep 11, 2014

The owner of a Scottish tidal stream energy project has secured a 398MW, 25-year seabed lease from the Crown Estate, which owns the seabed, for the project.  Atlantis owns the MeyGen project, which earlier this month secured major funding packages…

47 apply in latest Norwegian license round

Sep 11, 2014

Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…

Barents Sea duster for Statoil

Sep 11, 2014

Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea.  The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…

Deep Gulf deepwater GOM contract for Technip

Sep 11, 2014

Deep Gulf Energy II has awarded Technip a lump sum contract for the development of the deepwater, high-pressure, high-temperature Kodiak field, in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico. The in 1472-1710m water depth…

GE and Atmos form partnership to offer leak detection solution

Sep 10, 2014

GE's Measurement and Control business announced it has entered into a cooperation agreement with Atmos International.  As part of the partnership, the two companies will offer a more comprehensive leak detection solution to pipeline operating customers…

Odfjell Drilling wins Statoil contract

Sep 10, 2014

Statoil awarded Odfjell Well Services a contract for tubular running services and rental services on the Norwegian continental shelf (NCS). The frame agreement is for tubular running services on a selection of Statoil’s installations…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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