Latest News - page 2589

 

Tullow to start Suriname work in 2015

Apr 30, 2014

Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…

Saipem bags more South Stream work

Apr 30, 2014

Saipem has been awarded a $US554 million contract to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline in the Black Sea. According to Saipem, the contract includes engineering…

Milestone for Cygnus marked

Apr 30, 2014

The latest milestone in the southern North Sea Cygnus gas field project took place on Monday as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park, Scotland (pictured). The beginning of the…

Faroe becomes a UK operator

Apr 30, 2014

Aberdeen-based explorer Faroe Petroleum it to take on its first operated production in the North Sea through a £35million to take over operated stakes in two southern North Sea gas fields from Tullow Oil. Faroe will take a 60% operated stake in the Ketch field and a 53…

Fastnet farms out to Korean outfit

Apr 30, 2014

UK-based Africa and Celtic Sea-focused explorer Fastnet Oil & Gas has farmed out a 9.375% interest in the Foum Assaka license, offshore Morocco, to SK Innovation, the energy and chemicals affiliate of SK Group, South Korea's third largest conglomerate…

TGS focuses on Barents southeast

Apr 30, 2014

TGS has started a 2D seismic reprocessing project on the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round.   The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers more than 18…

Drydocks completes NDC jackup

Apr 30, 2014

Drydocks World has completed a major repair and refurbishment of National Drilling Company’s (NDC) jackup drilling rig Al Ittihad. The company has carried out maintenance work on several of NDC’s rigs and the numbers have increased over the years…

Aker Solutions splits in two

Apr 30, 2014

Aker Solutions is to split into two separate companies to speed up a bid to reduce costs via streamlining and 'better position' the business in an increasingly competitive global energy industry. The subsea, umbilicals, engineering and maintenance…

Technip installs TPG 500 at Shah Deniz

Apr 29, 2014

The Shah Deniz development is based on Technip's proprietary platform: TPG 500. Take a closer look as the self-installing platform is placed in the Caspian Sea.

US sanctions Rosneft president

Apr 29, 2014

The US Department of the Treasury issued sanctions against seven Russian government officials and 17 entities on 28 April. Among those officials listed was OAO Rosneft President and Chairman of the Management Board Igor Sechin. These…

NOAA ships begin 2014 hydrographic season

Apr 29, 2014

The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…

MODEC selects XPD8 for TEN project

Apr 29, 2014

Asset integrity management firm XPD8 Solutions is to develop the maintenance program and inventory data for MODEC’s TEN MV25 floating production, storage and offloading (FPSO) vessel, operated on behalf of Tullow Oil, offshore Ghana. The…

AIS buys Manuplas

Apr 29, 2014

Gloucester-based Advanced Insulation Systems (AIS) has acquired Manuplas, a specialist in providing customer polymer solutions to the marine, offshore, renewable energy and leisure markets.  AIS manufactures specialist materials used to insulate sub-sea infrastructure and fire proof oil rigs…

Eco-friendly drilling mud demulsifier

Apr 29, 2014

Dealing with the by-products of oil and gas drilling in an environmentally friendly manner is an issue the energy industry has grappled with for years. It is one that has captured the imagination of one Robert Gordon University (RGU)…

Keppel eyes P&A market

Apr 29, 2014

Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox, a subsidiary of Seafox Group, to do an engineering study for a purpose-built…

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