Shell Gabon awarded Van Oord an engineering, procurement and construction (EPC) contract for the replacement of a dual 10km long oil export line. The EPC contract began this month and continues until summer 2015. The export line runs from the Gamba terminal…
Vallourec has received a contract to supply premium tubes and connections for the ultra-deepwater Kaombo field off Angola, operated by TOTAL E&P Angola. As part of this contract, Vallourec will supply 27,000 tons of OCTG (oil country…
ConocoPhillips is plugging and abandoning the Kamoxi-1 exploration well as a dry hole after drilling to a total depth of 22,660ft, offshore Angola. Kwanza basin activity. From Deloitte Petroview Kamoxi…
Following evidence submitted to the Treasury for its recent consultation on the North Sea tax regime, Oil & Gas UK has this week made a further representation, repeating calls for urgent reform in light of escalating industry costs and the falling oil price…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (SEIS) that predicts a higher exploration and production scenario than before for the Chukchi Sea Outer Continental Shelf Oil and Gas Lease Sale 193…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
Italian industrial group Lucchini has agreed a deal to acquire a 49% stake in fellow Italian steel forgings firm Mamé Group, with a clause which could see it take on more share, to gain a controlling stake, in 2017. Mamé Group, based…
CNOOC discovered oil in its second Beibu Gulf well, WZ12-10-2, in Block 22/12, off the southern Chinese coast. The shallow-water (36m WD) location is about 1.6km (1mi.) east-northeast of the WZ12-8W platform and about 3.2km west-southwest of the previously drilled discovery well…
Updated at 22 October 2014 at 3 p.m. Pemex called off the evacuation of its 15,000 workers in the Bay of Campeche after severe weather conditions improved. Earlier today, OE reported that Mexican national Pemex began evacuating its…
CNOOC Ltd. began drilling the WZ12-10-2 well, the second and last of the two-well project in the Beibu Gulf Block 22/12, offshore China. Beibu map. From Horizon Oil. The exploration well is located 1…
UK exploration independent Enegi says the Phoenix discovery in the central North Sea is a viable candidate for its marginal field initiative. Phoenix, in Block 22/12b, was operated by Apache. In 2010, Apache, drilled the 22/12a-12 appraisal well…
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