Vallianz Holdings has chalked up another major string of contracts in the Middle East, taking its 2015 order book to over US$1 billion - a record for the fast growing firm. The latest contracts for Singapore-based Vallianz, which provides…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
Anadarko recently completed the successful upending of its massive 23,000-ton Heidelberg floating spar in 5300ft water depth, in Grand Canyon block 859, about 140mi off the coast of Louisiana. The 80 MMscf/d capacity Heidelberg truss spar is the second of Anadarko’s “design one…
Final preparation of the Goliat platform is well under way in the Barents Sea. Goliat. From Eni. With more than 600 people now working offshore at the Goliat field, activity levels…
AMP Capital and 3i Infrastructure plc (3i Infrastructure) have entered into an agreement to jointly acquire 100% of Danish company ESVAGT from Maersk Group. AMP Capital is investing approximately £109 million to acquire a 50% interest…
UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…
Norway-based geoscience firm TGS has agreed to buy seismic firm Polarcus' multiclient library, excluding Australia, for US$ 27.5 million and future share on library late sales. The move was described as enabling Polarcus to 'navigate the current challenging market environment…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Tullow Oil's TEN project offshore Ghana is ramping up towards offshore installation activities this month and is on budget and on track for first oil mid-2016, the firm said today. The TEN project, named after the Tweneboa, Enyenra and Ntomme fields it will develop…
Norwegian oil firm has marked the start of construction work on the Johan Sverdrup development project - labelled the biggest industrial project in Norway for decades to come. Work started at Kværner in Verdal, Norway, today (Monday 29…
German navigation system manufacturer Raytheon Anschütz announced new contracts for the delivery of Synapsis Integrated Navigation Systems (INS) to five 14,500TEU container vessels built at Hudong-Zhonghua Shipbuilding Co.. The new…
Statoil, on behalf of the Johan Sverdrup license, awarded Korea's Samsung Heavy Industries Shipyard the US$892 million (NOK 7 billion) contract for decks for both the process and riser platforms. Johan Sverdrup…
After five years, BP reached a US$18.7 billion settlement agreement for the Deepwater Horizon disaster that the UK supermajor will pay over an 18-year period. Transocean's Deepwater Horizon before the explosion…
Fossil Oil is planning a new drilling project named Fossil-North Eagle Bay Offshore JV – I – 2015 offshore Texas. The project involves directionally drilling a lower risk offshore prospect in 12ft of water to a depth of 14,800ft to potentially…
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