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Yamal LNG progresses

May 23, 2014

OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…

Alphastrut bought by Murray Metals

May 26, 2014

UK plate and specialty metals supplier Murray Metals (MM) has bought Alphastrut, giving it a foothold in the offshore oil an dgas industry.   Alphastrut offers an aluminium support and cable containment system which MM says is more than…

PNG LNG ships first cargo

May 26, 2014

The first shipment from the PNG LNG project has left Papua New Guinea carrying a cargo bound for Japan for Tokyo Electric Power Co. Inc. “This announcement is a historic moment for Papua New Guinea (PNG),” ExxonMobil PNG Limited Managing Director Peter Graham said…

ICoTA examines RFID technology

May 15, 2014

The Intervention & Coiled Tubing Association’s European Chapter (ICoTA) will examine the role of wireless communication technology and its benefits in well intervention at its next lunch and learn session on 20 May. The presentation,…

Petrobras confirms Santos find

May 22, 2014

Petrobras announced today that it has confirmed the Sagitario well discovery (formally 1-SPS-98 / 1-BRSA-1063 -SPS) initially announced 25 February 2013 while in the drilling phase. Located in the ultra-deepwater presalt area of the Santos basin…

Alimak Hek buys Heis-Tek offshore unit

May 16, 2014

Alimak Hek Group AB is buying the offshore operations of Heis-Tek, a Norwegian specialized traction elevator company, focused on tailored vertical access solutions to the oil and gas industry.  “This acquisition will allow us to become…

Lundin assesses Edward Grieg upside

May 12, 2014

Lundin Petroleum (Lundin Petroleum), through its wholly-owned subsidiary Lundin Norway (Lundin Norway), is pleased to announce that the appraisal drilling and testing of the well 16/1-18 on the Edvard Grieg field in the North Sea sector of…

BW seals Catcher FPSO deal

May 02, 2014

BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea.  The firm charter period of the contract is seven years…

OTC14: Success for Roxar PT sensor system

May 05, 2014

Emerson Process Management has today announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea…

US crude to hit 1972 highs

May 07, 2014

The US Energy Information Administration (EIA) estimates US total crude oil production averaged 8.3MM bbl/d in April—making it the highest monthly average production since March 1988.  US total crude oil production, which averaged 7.4MM bbl/d in 2013…

BorWin beta topsides installed, German North Sea

May 03, 2014

OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…

OTC14: CIS doubles turnover with Shell contract

May 05, 2014

Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business.   The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…

Pemex to collaborate with GE, IMP

Apr 28, 2014

GE Oil & Gas announced today a technology collaboration with Mexico Institute of Petroleum (IMP) and Mexico state-owned company Petróleos Mexicanos (Pemex). Pemex sponsors the agreement, which GE Oil & Gas said would “initially [research]…

Reef Subsea splits in three

Apr 23, 2014

UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…

Ormen Lange compression dropped

Apr 11, 2014

Shell and its partners on the Ormen Lange license have postponed plans for a ground-breaking compression project on the giant field, halting ongoing concept select work, citing costs and reservoir data.  Ormen Lange, Norway’s second largest field and producing since October 2007…

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