Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…
CNOOC Ltd began production at its 100%-owned Kenli 3-2 oilfields, the company announced on 12 May 2014. The Kenli 3-2 oilfields, located in the southern Bohai Sea at an average water depth of 20m, consists of Kenli 3-2, Bozhong 34-6/7…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…
The first multi-client geohazard ultra-high-resolution 3D seismic survey is about to begin in the US Gulf of Mexico. NCS SubSea Inc., Geotrace Technologies Inc., and SpecPartners Ltd. have announced the start date for a multiphase, large-scale innovative project called SAFE-BAND…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea. The firm charter period of the contract is seven years…
UK-based Africa and Celtic Sea-focused explorer Fastnet Oil & Gas has farmed out a 9.375% interest in the Foum Assaka license, offshore Morocco, to SK Innovation, the energy and chemicals affiliate of SK Group, South Korea's third largest conglomerate…
Emerson Process Management has today announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea…
Octanex N.L. announced that OMV New Zealand Ltd. has completed the planned 2D seismic survey, named Mohua, in the Taranaki basin off New Zealand. OMV has confirmed the survey vessel, Aquila Explorer, commenced acquisition of the Mohua survey on 19 April…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…
Noble Energy Inc. announced that it will propose the election of the company’s President and COO, David L. Stover as a director at its 22 April 2014 organizational meeting, and that it intends to appoint Stover as CEO in October 2014. This decision follows current Chairman and CEO…
Two of the major deepwater developments that have started production so far in the Gulf of Mexico belong to Shell and BP. Sarah Parker Musarra examines the technology behind two mammoth projects: Mars B and Na Kika. In Greek and Polynesian mythology…
The Prelude FLNG subsea architecture, supported by traditional mudmats. image source: Shell. Mobile foundation technology could offer an economic solution to some stranded offshore hydrocarbon reserves…
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