Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…
Africa-focused explorer FAR has agreed a farm-in option deal with Trace Atlantic Oil on the shallow water Djiffere block offshore Senegal, containing at least one lead potentially containing 100 MMbbl, says FAR. Djiffere sits adjacent to the prospective Rufisque…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has approved registrations for a total of 37 companies for the country’s 13th bid round, of which 22 are from outside of Brazil. Image from ANP's Facebook…
Japan's MODEC has made its first entry into the North Sea thanks to a contract with Denmark's Maersk Oil. Maersk Oil's UK North Sea business has inked a contract with MODEC for the supply of a floating storage and offloading (FSO) vessel for the US$4…
Ahead of tomorrow's (15 September) congressional hearing in New Orleans, API highlighted the importance of offshore oil and natural gas development to the region's economic development. Image from EMGS…
Sweden’s ABB has won a US$90 million contract to supply a two-cable high-voltage system to power, from shore, for Statoil’s Johan Sverdrup field. The move paves the way for the entire Johan Sverdrup field to be powered from shore, as well as other fields on Norway’s Utsira High…
Statoil and the Johan Sverdrup partnership awarded Kværner Verdal a contract for the delivery of the steel jacket for the drilling platform, marking the execution of the letter of intent singed by the two companies for the delivery of the two jackets…
Statoil’s largest ever steel jacket has been laid to rest on the sea bed 150km east of the Shetland Isles, marking a major milestone in the Mariner heavy oil field development. The 22,400-tonne mariner jacket, which stands some 134m high…
Expro has been awarded two contracts together worth US$25 million in the North Sea. In one contract, Wintershall has awarded Expro a five-year contract for work on its recently approved Maria development project, in the Haltenbanken area…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) expanded on its approval of the country’s 13th bid round, with the announcement of more than 22 of 39 applications from international oil and gas companies. Magda Chambriard…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
Subsea 7 has been awarded a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil worth more than US$150 million for the Culzean development. The ultra-high-pressure, high-temperature field, one of the largest gas discoveries offshore UK…
Malaysia-based Bumi Armada Berhad saw a 22% decline in its revenue in 2Q 2015, but an increase in its EBITDA. Image from Bumi. The offshore oilfield service provider's revenue decreased by 22% to US$109 million (459…
Image: Culzean platform/Heerema Fabrication Group Maersk Oil North Sea UK has awarded Heerema Fabrication Group (HFG) a second contract for structures on its ultra-high-pressure, high-temperature (uHPHT) Culzean development in the North Sea…
Faroe Petroleum has agreed to buy UK explorer Roc Oil GB, including its 12.5006% stake in the North Sea Blane field and a 12% interest in the Enoch field, also in the North Sea for up to US$20 million. Roc Oil GB is a subsidiary of Roc Oil Company…
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