Woodside will not pursue its proposed Browse LNG development near James Price Point in northwestern Australia, the company announced on 12 April 2013.Following the completion of a technical and commercial evaluation, Woodside determined that…
The US Senate confirmed Sally Jewell, CEO of US-based retailer Recreational Equipment Inc. (REI), as the next Secretary of the Interior department.President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar (Official…
Hyundai Heavy Industries (HHI) has announced it won a US$1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction…
The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sales 233 and 231, the third and fourth sales scheduled in the current 2012-2017 Five Year Program.(Image…
Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a 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…
Salamander Energy has made a potential gas discovery at its North Kendang-1 exploration well inside the South East Sangatta PSC, the company announced on 11 April 2013.Ocean General (Image: Diamond Offshore)Drilling operations were suspended at the well after encountering high pressure gas…
DONG Energy and Siemens AG have entered into agreements securing potential supplies and servicing of a total of 154 offshore wind turbines of 6 megawatt each, giving a total capacity of 924 megawatt.The agreements give DONG Energy the…
Jacking gears are by definition the most characteristic systems of self-elevating units and jack-ups. However, this gear remains often neglected on board, with a high potential for dire consequences.Damaged jacking gear (Image: WillTeco)In order to achieve higher availability…
Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator's Solan field development, west of Shetland.The hook-up project will see two subsea production and two subsea…
Citing unease over changing US regulations, ConocoPhillips opted to pause plans for its 2014 Alaska Chukchi Sea drilling program, the supermajor announced on 10 April 2013.Shell's oil spill response teams practice laying out nearly 600m (1,500ft)…
Norway’s Seadrill completed the sale of its tender rig business to Malaysia’s SapuraKencana Petroleum for $2.9 billion. SapuraKencana will acquire all the tender rigs in Seadrill’s fleet except for the West Vencedor, T15, and T16.
Salamander Energy found oil and gas pay at its South Kecapi-1 DIR/ST exploration well in the Botang PSC in the North Kutei basin off Indonesia. The well found a combined 40m of net oil and gas pay in high-quality, stacked, Pliocene channel sandstones…
Reliance Industries and BP plan to invest US$5 billion in deepwater gas development of the KG D6 block over the next three to five years. The plan proposed will develop about 4tcf of discovered natural gas reserves. The partners plan to optimize KG D6 through compression and water handling…
Norwegian Ministry of Defense approved the sale of Olavsvern naval base, 20km outside of Tromsø, to investor group Triko, which includes Odfjell Drilling, PSW Rig Service, private investors. In cooperation with Petro Support Group, Trikpo will convert the base to an offshore service center…
Panoro Energy found 20m of oil pay in a sidetrack to its earlier Tortue prospect discovery in Dussafu Marin PSC, offshore Gabon. The discovery well, Dussafu Tortue Marin-1 (3430m TD, 118m water depth), found oil in the pre-salt Gamba and Dentale reservoirs…
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