Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…
National Iranian Oil Company (NIOC) plans to absorb as much as US $25 billion worth of investment for its development, exploratory and seismic operations during the current Iranian calendar year up to March 2014. At the closing ceremony of seismic operations at Ahwaz oil field…
The world-leading expertise on subsea equipment and technology that Norwegian companies hold has evolved over time. Now, it is vital that these companies are able to use the resources and knowledge they have available – and work smarter…
CGGVeritas Services SA began a marine 3D seismic survey on June 10 for Karoon Gas Australia's WA-482-P permit area off the Northern Carnarvon Basin. CGG is utilizing the vessel Geo Caspian. The operation is expected to take abour 56 days…
Since the 1980’s, the Norwegian subsea industry has evolved to become a world-leading supplier of underwater equipment and technology. Oil and gas production across the world happens in ever deeper water, and the wells are increasingly complicated to operate…
Helix Energy Solutions Group, Inc. closed the sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately US$108 million of the total selling price of approximately $138 million were received at closing; the company…
A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard. Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…
Ocean Rig UDW Inc. received a Letter of Award for its ultra deepwater drillship Ocean Rig Skyros. The Letter of Award is for five wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated backlog of approximately US $190 million…
InterMoor Inc., has become the first US-based company to achieve certification under Det Norske Veritas (DNV) 413: Service Suppliers Engaged in Renewal Survey Examination of Mooring Chain Intended for Mobile Offshore Units. InterMoor Inc…
Shell Philippines Exploration B.V. awarded Royal Boskalis Westminster N.V. a contract to install a Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in The Philippines. The contract value is about US$60 million; to run early-late 2014.
Noble Corp. was awarded a four-year drilling contract from Statoil for work on the UK North Sea Mariner project using a new Cat J jackup. The contract is worth $655 million and includes a two-year option. Work will start in 2016.
Saipem was awarded new contracts in Latin America worth about US$500 million. In Venezuela, Saipem signed with Cardon IV to develop the Perla EP Project, in the Gulf of Venezuela. In Brazil, Petrobras assigned an EPCI contract to Saipem…
Husky Oil Operations awarded Technip two contracts for the planned subsea tieback of the South White Rose Extension field off Newfoundland and Labrador in the Jeanne d’Arc basin. Contracts include gas injection flowlines, umbilicals, and subsea structures.
AWE Ltd. reported a second successful drillstem test (DST) at the Lengo-2 appraisal well 25 miles north-northwest of Tuban, Indonesia, with a maximum gas flow rate of 21.2 MMcfd. Gas samples were gathered for analysis. Partners in the Bulu PSC are: KrisEnergy Satria Limited (operator) 2…
Viking Offshore & Marine Ltd. will invest up to S$15 million to set up a dedicated innovation hub in Singapore.The center will be an enterprise hub for companies, and will combine research and development, collaboration, innovation, technology test-bedding…
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