Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
UK Trade & Investment offered a session on petroleum investment opportunities in Mexico on Wednesday, presented by Enrique Cornejo, head of energy & environment for UKTI in Mexico City. Mexico’s national oil company, Petroleos Mexicanos (PEMEX)…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
Dockwise provides this video, filmed in November 2012, regarding the launch of the SHP jacket, now located at the SHWE field in the Bay of Begal, off Myanmar. The 22,000-ton jacket was launched at a water depth of 110m, using the HYSY229 installation barge.
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…
BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…
UK-based exploration firm Ithaca Energy has agreed farm-out deals with Edison International and Shell on North Sea blocks. Shell is to take a 50% stake from Ithaca in production license P2048, covering central North Sea blocks 29/24, 29/25…
Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…
Aberdeen-based independent Ithaca Energy moved to acquire fellow UK explorer Valiant Petroleum for US$309 million in early March. Ithaca says the movewould establish itself as a leading mid-size North Sea oil and gas operator with 2P reserves of approximately 74MMboe…
A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard. Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…
The Norwegian Ministry of Petroleum awarded 24 licenses in the country’s 22nd licensing round. The offerings include 20 production licenses in the Barents Sea and four in the Norwegian Sea. The agency granted 29 companies shares—including ConocoPhillips…
KrisEnergy has spudded the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia, its partner Salamander Energy (23.4%) announced on 3 June 2013. The Tayum well is being drilled using the Randolph Yost jackup…
The Norwegian Petroleum Directorate awarded Statoil AS a drilling permit for well 6608/11-8, production license 128 in the Norwegian Sea, the agency announced on May 22, 2013. The well will be drilled from the Songa Trym drilling facility at position 66° 07' 39…
Subscribe
