China National Offshore Oil Corporation (CNOOC) signed a production sharing contract (PSC) with PetroBroad Copower Ltd. (PetroBroad Copower) for Block 28/03 in Pearl River Mouth Basin. Block 28/03 is located in Pearl River Mouth Basin in the east part of the South China Sea…
A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…
Eni and Rosneft began seismic operations in the ice-free portion of the Russian Barents Sea, the companies confirmed on July 8. The 2D seismic survey is planned for 9950km over the Fedynsky and Central Barents license areas. During the…
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…
2013 SPE Offshore Europe–held at the Aberdeen Exhibition and Conference Center from September 3-6–will demonstrate that the industry’s engineering, manufacturing and technology excellence is set to assure a long-term sustainable future. Anthony Onukwu…
Aberdeen-based CNR International has signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CI-12 is the second high impact exploration block in Cote d'Ivoire that CNR has secured…
Edinburgh-based oil and gas chemical monitoring firm LUX Assure has appointed Charles Cruickshank as its new CEO and opened new offices in Aberdeen. Cruickshank has 27 years’ experience in the oil and gas industry, having previously…
Subsea 7 is to build and operate three flexible pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
East Africa-focused exploration firm Aminex is to carry out a new seismic survey offshore Tanzania after being granted an appraisal license. The license, in the Rovuma production sharing agreement (PSA) area, covers the Ntorya-1 discovery well…
Rosneft acquired the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Ltd. for US $2.9 billion. As a result, Rosneft’s share in the company has increased to 100%. Rosneft said the consolidation of ITERA Oil and Gas Company…
UOP LLC, a Honeywell company, was contracted by PNBV, a subsidiary of Petrobras, to supply UOP Separex™ membrane systems to process natural gas aboard four FPSOs. The vessels will process natural gas extracted from Petrobras’ Lula pre-salt oil reserves…
Oil and natural gas production in May On May 18, 2013, Petrobras set a new pre-salt production record, with output of 322,100 bo/d. 11,000 bo/d up from the previous record of 311,500 bo/d set on April 17, 2013. In addition to encouraging figures for pre-salt production…
Chevron U.S.A. Inc. to construct an office building in downtown Houston to accommodate its business growth and expanding workforce in the world’s energy capital. The 50-story, 1.7 million-square-foot building will be located at 1600 Louisiana Street at Pease…
Strainstall, a James Fisher and Sons plc subsidiary, has been awarded a contract to provide Total with an integrated marine management system (IMMS) for the Moho Nord tension leg platform for installation off Congo, West Africa. Strainstall…
FMC Technologies, Inc. received an order from Petrobras for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1…
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