Duma Energy Corp. signed a Letter of Intent to acquire 100% of the outstanding stock of Houston-based Hydrocarb Corp. In August 2012, Duma purchased a 39% working interest in Hydrocarb’s highly prospective 5.3 million-acre Owambo Basin concession in northern Namibia…
Jaya Holdings Ltd., delivered its first high-specification, deepwater platform supply vessel (PSV), Jaya Valour. The vessel was delivered on schedule, and upon delivery, went on-hire immediately, embarking on its maiden voyage as part…
Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
Independent exploration firm Ophir Energy has said the preferred site for Tanzania’s first multi-train LNG facility could be announced later this year. The firm, a partner with operator BG Group on Blocks 1, 3 and 4, offshore Tanzania…
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…
Energy company E.ON has said a gas discovery in block 42/28d in the UK southern North Sea is bigger than first thought. A well on the Tolmount discovery, 40km off the coast of East Yorkshire and to the west of the E.ON-operated Babbage gas field…
Eni S.p.A. CEO Paolo Scaroni and Eni E&P COO Claudio Descalzi met with Mozambique President Armando Guebuza today in Changara, the mineral district of Tete province in western Mozambique, to discuss Eni’s ongoing activities and projects in the country…
First oil on EnQuest’s Alma/Galia project is now scheduled for Q1 next year, weather permitting, due to an increase in the scope of work on the development's floating production unit. EnQuest said the increased work related to the refurbishment…
Subsea engineering and unmanned underwater vehicle (UUV) service provider Modus Seabed Intervention has taken delivery of its first autonomous underwater vehicle (AUV). The acquisition is part of a planned investment program by the north-east England company to develop a dedicated division…
Xodus Group acquired Dubai-based Prime Energy, as part of an expansion drive in the eastern hemisphere. It is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Prime Energy’s team will form part of Xodus’ subsidiary based in Dubai…
A group of divers have completed specialist coded welding trials at a leading north-east Scotland oil and gas industry support and training facility to prepare them for work in the Norwegian sector. The Aberdeen-based National Hyperbaric Centre (NHC)…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
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…
Technip has been awarded a contract by Chevron North Sea for engineering, procurement, installation and construction (EPIC) on the Alder field, 200km north east of Aberdeen. Chevron is developing the central North Sea Alder field as a…