Abu Dhabi-based Mubadala Petroleum has spudded two more wells on the Manora field off Thailand. Drilled with Atwood Oceanics’ jackup Atwood Orca, the MNA-04 and MNA-05 wells represent the fourth and fifth wells, respectively, of a planned 15 developmental well campaign set to end 1Q 2015…
UK-based engineering and project management firm Atkins has acquired Houston-based Houston Offshore Engineering (HOE) for US$73 million (approximately £45 million). HOE has specialist experience in the design of offshore deepwater floating…
Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…
OE steps into the future with an interactive print issue this month. We’re offering extended image galleries, videos, and other content to enhance your editorial experience all with a swipe from your smart device such as a phone or tablet…
FoundOcean and Ranger Offshore Inc. signed a strategic agreement this month, formalizing a relationship that has previously developed between the two companies. FoundOcean, Ranger Offshore combine…
Glacier Energy Services acquired Aberdeen-based MLS Heat Transfer to improve its heat transfer service division. Heat exchanger maintenance work. From Glacier Energy Services MSL Heat Transfer…
German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…
Denmark is the European Union’s (EU) only net exporter of oil. The Nordic state’s oil exports totalled approximately 13.7MMboe in 2013. This is in stark contrast to the EU’s only other significant oil producer, the UK, which became a…
London-based Golar LNG Ltd. (GLNG) has appointed Sir Frank Joseph Chapman to the Board of Directors and as the company's Chairman, effective 19 September 2014. Sir Frank Chapman has worked 40 years in the oil and gas industry, culminating…
Centrica Energy is considering three different concepts to develop the Butch discovery in the Norwegian sector of the North Sea according to partner Faroe Petroleum. Three concepts under study are a subsea tie-back to the Ula field,…
Siemens has agreed to acquire Dresser-Rand through the acquisition of all its New York Stock Exchange issued and outstanding common shares for us$83/share, in a $7.6 billion deal. The takeover has been supported by Dresser-Rand's Board of Directors…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
Ithaca Energy has completed a flow test on the fourth development well on the UK North Sea Stella field, hitting 12,005boe/d. The result takes the total field potential up to 45,000boe/d, exceeding the firm's 30,000boe/d annualised estimate for the field…
Scotland today (September 18) goes to the polls to decide on its possible future fate as an independent nation. It is being hailed as a historic day for the country. But, for some, the mere existence of the referendum has already damaged investment in the UK North Sea…
Subscribe
