DOE, Inc. (Deep Ocean Engineering) announced they have added two new vehicles to their product line, the dual hull H-1750 and the mono hull I-1650. Both vehicles are controlled wirelessly by a dedicated WiFi link and have ranges up to 2km…
ABB has won two contracts worth a combined $45 million on the Ichthys oil and gas project offshore Western Australia. The firm has been appointed as the main electrical contractor (MEC) for a new floating production, storage and offloading…
CGG was awarded two contracts by Statoil ASA to provide long-term seismic imaging services for permanent reservoir monitoring (PRM) operations on the Snorre and Grane fields in the Norwegian sector of the North Sea. The scope of each contract also includes acquisition QC services…
Bibby Remote Intervention Limited (BRIL) secured a contract with a potential seven-year commitment. Centrica Energy has awarded a three-year contract with two, two-year extension options, worth up to £40million. It is the largest Inspection…
Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi. The US$500 million…
2H Offshore, an Acteon company, was recently awarded a steel catenary riser (SCR) detailed design project from LLOG Exploration. The scope of work includes detailed design of the production and export SCRs tied back to the Exmar OPTI- 11000…
Tenaris announced it will invest $70 million to build a new sucker rods mill with a production capacity of 1,800,000 units per year, in order to reduce lead times and improve service for customers in the growing North American market. It…
Salamander Energy made a gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC off Indonesia. The company’s initial test results point to wet gas. Pressure data indicates a potentially significant column height…
First production has begun at the CNOOC-operated Beibu Gulf Project in the South China Sea. Partner Roc Oil (19.6%) says production from two development wells, A5H and A2 on the WZ 6-12 wellhead platform, follows the successful installation…
Natural gas production will begin this year from the Kirinskoye gas and condensate field under the Sakhalin III project, Gazprom announced. It said that for the first time in Russia's history subsea production systems will be used to produce natural gas…
Statoil and SOCAR signed a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The MoU defines the framework within which the companies will explore the opportunities…
ONGC Videsh Ltd. finalized a US$1 billion purchase of Hess Corp.'s 2.72% stake in the Azeri, Chirag, and Guneshli fields (ACG), and Hess' 2.36% stake in the associated Baku-Tbilisi-Ceyhan (BTC) pipeline. The deal is worth an estimated US$884 million after tax net proceeds…
The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This previously relinquished acreage increases the total permit area to 5,010sq km. The company has identified a number of play types and prospects in the L6 permit…
HRT’s wholly-owned subsidiary HRT Walvis Petroleum Ltd., spud the Wingat-1 (2212A/07) exploration well offshore the Republic of Namibia. The Wingat-1 well, which targets the Wingat Prospect inside Petroleum Exploration License 23, is located…
Production from the Tamar field offshore Israel started in April. The field is estimated to hold nine trillion cubic feet of natural gas, and is being developed by a group that includes Noble Energy, Delek Drilling, Avner Oil Exploration and Isramco Negev 2…