Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku…
Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discovery…
Ithaca Energy announces that it has contracted the services of Applied Drilling Technology International (ADTI), to manage development drilling and completion operations on the Greater Stella Area under 'turnkey” contract arrangements. ADTI is a subsidiary of Transocean…
Technip was awarded by Total E&P Congo a major (more than $500million) lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project.This project is…
Natural gas production will begin this year from the Kirinskoye gas and condensate field under the Sakhalin III project, Gazprom announced.Kholmsk, Sakhalin Region (Image: Gazprom)The announcement followed a meeting between Alexey Miller, Chairman of Gazprom's management committee…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Bladt-built Nini East platformThe Danish Underground Consortium (DUC) has announced investment of US$800million on a new platform in Denmark's sector of the North Sea. The facility, to be built by Danish firm Bladt Industries A/S, will be to expand the Tyra Southeast development…
Chevron Corp. Chairman and CEO John S. Watson will receive the Distinguished Business Leadership Award from the Atlantic Council, on 1 May 2013, in Washington, D.C. “These awards are designed to spotlight the inspired leadership our complex world requires…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. Firstly, through…
China Oilfield Services Limited (COSL) is pleased to announce that COSLPromoter, a semi-submersible drilling rig of the Group, has officially commenced operation in Norwegian North Sea for an eight-year service contract with Statoil ASA on 2 April 2013 Norwegian Time…
Petroceltic's wholly owned subsidiary, Petroceltic Italia Srl, has been awarded the exploration permit 'B.R272.EL' in the Central Adriatic offshore Italy (formerly application block d.507).The award of the B.R272.EL permit is a significant step…
N-SEA has secured the DPII DSV Northern River from Serco’s Marine Services for the 2013 season to support its expansion in the subsea IMR market. N-SEA will install a compliment of ROV’s onboard including a high powered WROV and 2 SubAtlantic Mohican Inspection class ROV’s…
The IMR vessel ‘Seven Viking’ has been nominated as ‘Ship of the Year 2013’ by the maritime magazine ‘Skipsrevyen’. ‘Seven Viking’ has been working for Statoil in the North Sea since February, and carries out a multitude of tasks including inspection…
Oilennium, a Petrofac Training Services (PTS) company, today announced the launch of the ConTrainer, the first system to offer eLearning modules offshore and in remote locations without requiring access to the internet. The Oilennium ConTrainer is the most recent offering from PTS…
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