Production began from two “high-rate” wells at Murphy Oil’s Dalmatian development in the US Gulf of Mexico. The US-based company announced that the project came online during its 2Q 2014 earnings report. Murphy Oil said the results were “better than planned…
Optimum completion. Photo from Weatherford. Weatherford’s Yvonne McAnally and Ben Lake show how collaboration and integrated methodology delivered an operator’s first subsea well project in Norway…
The Energy Research Centre of the Netherlands (ECN) conducted tests to validate and subsequently approved Mitsubishi Electric’s compact wind lidar as complying with European wind measurement standards. The lidar (portmanteau of “light”…
Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported. A statement from Talisman…
Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…
Business is good in the oilfield, and as increased production and steady commodity prices contribute an influx of cash, operators are reinvesting in themselves, expanding their share buyback programs. Management usually says that…
Norway-based Kvaerner's Q2 earnings fell but the firm saw an increase in order intake and growth on existing projects, according to its latest results. During the second quarter, Kvaerner completed three large offshore platform…
London-based independent Tullow Oil agreed to acquire up to 40% interest in the Cooper block, block 2012A, in the Walvis basin offshore Namibia, Eco (Atlantic) Oil & Gas announced on 17 July 2014. The terms of the farm-in includes Eco…
Houston-based EFC Group appointed Anand Puthran as its managing director, a newly created role for the company. Puthran joins EFC Group with more than 15 years of experience working in the oil and gas industry in managerial positions…
Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…
Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million. Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…
The SKF wireless machine condition sensor collects data on three key machine conditions: temperature; overall machine condition; and rolling element bearing and has ATEX Zone 0 certification. There…
Malaysia's Sumatec Resources Bhd plans to buy Kazakhstan's Borneo Energy Oil and Gas Ltd. for US$250million (RM800million) in cash and shares. Sumatec announced on 11 July 2014 that it had signed a framework agreement with Abu Talib Abdul Rahman and Dr…
West Australian independent Woodside Petroleum Ltd. has farmed-in to the 7200sq km Lake Tanganyika South Block, Tanzania. Beach Petroleum (Tanzania) Ltd., a wholly owned subsidiary of South Australia's Beach Energy Ltd., will transfer…
Premier Oil is ramping up towards offshore installation work on its Solan field development in Block 205/26a, in 135m water depth, west of Shetland, in the UK North Sea. Construction and onshore commissioning of the four-legged Solan…
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