First oil from EnQuest’s Alma/Galia development in the North Sea is now not expected until next year, the firm said today (August 13). First production from the field, due to be developed using the EnQuest Producer floating production…
Lerwick Port Authority (LPA) and international energy logistics company Peterson is planning investment totaling £20million to make Lerwick, Shetland, a decommissioning centre of excellence. LPA is undertaking a £11.95 million quayside…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
Production from the entire Siri area offshore Denmark is hoped to resume in Q3 on finalization of permanent structural repair to the Siri platform (right). Noreco, a partner in the Cecile License, which relies on Siri for offtake, said…
Staatsolie, Suriname’s state-oil company, is offering three deepwater blocks through a competitive bid round. The blocks for bid include offshore blocks 58, 59 and 60, which lie east of Suriname in the Suriname-Guyana basin. The Suriname…
BP Trinidad and Tobago LLC (BPTT) announced the sanction of its Juniper offshore gas project off the southeast coast of Trinidad. The project will involve the construction of an unmanned platform and associated subsea infrastructure…
Dubai's Drydocks World has successfully completed turret modules 1 and 2 for the world’s largest floating liquefied natural gas (FLNG) facility. This innovative FLNG facility will be stationed at Shell's Prelude gas field off the northwest coast of Australia…
Forecasters with the National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center raised the likelihood for a below-normal season in last week’s update to the Atlantic Hurricane Season Outlook. Image…
Finland's Arctech Helsinki Shipyard signed a contract to build three icebreaking stand-by vessels for Russia´s largest shipping company, Sovcomflot (SCF Group). The vessels will be built for the North East Sakhalin Offshore region oil…
Oman's Ministry of Oil & Gas (MOG) has announced an oil and exploration bid round which includes two blocks offshore. The two offshore blocks 18, 59 are being opened to bidders alongside onshore blocks 43A, 54, 58. Block 18 is in…
Chinese industrial conglomerate Fosun International Ltd. is buying Australia’s Roc Oil Co. Ltd. in an all-cash, A$474 million (US$441 million) transaction. Sydney-based Roc Oil has assets from Australia to Malaysia, China, and the UK North Sea…
Petroleos Mexicanos, Mexico's national oil company, released 2Q 2014 financial results last Friday. Total sales increased by $15.9 billion pesos (US$1.2 billion), which represented 4% growth year-over-year. The growth is primarily attributed to a 27…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
Proserv appoints two vice presidents to its senior management team. Paul Douglas has been promoted to the role of VP operations with Bruce Stuart joining Proserv as VP sales and business development for Europe and West Africa (EWA) from FMC Technologies…
GDF Suez E&P UK has renewed its Integrated Services Contract (ISC) with Petrofac. The contract covers operations, maintenance and engineering services support to GDF SUEZ E&P UK throughout its operations in the UKCS, including Cygnus, the…
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