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ThoughtStream: Sale of the century

Jan 01, 2013

Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…

FMC wins Snorre supply

Dec 26, 2012

Photo: Terje S Knudsen-StatoilSnorre supply deal nets FMC Technologies $33MStatoil has awarded FMC Technologies a $33 million contract to supply further subsea equipment for Snorre field, FMC announced on 26 December 2012.FMC will provide 10 production risers and tieback connectors…

Total signs 20-year LNG export pact

Dec 18, 2012

Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…

Canada OKs CNOOC, Petronas bids

Dec 10, 2012

Prime Minister Stephen HarperCanada grants approval for Nexen, Progress grabsThe Canadian government announced on Friday that it would approve two controversial investments in local firms by foreign state-owned companies.Minister of Industry…

Cobalt hits homer at N. Platte

Dec 06, 2012

Ensco 8503Cobalt says deepwater oil find is significant Cobalt's deepwater Gulf of Mexico prospect North Platte has encountered significant oil pay, the company announced on 5 December 2012.Cobalt characterized the discovery as containing…

Reflex Marine holds FROG demo

Dec 04, 2012

The FROG in actionReflex Marine demos FROG transport in HoustonReflex Marine, a global leader in safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Center (ASC) in Houston…

Tullow confirms Twiga oil find

Nov 27, 2012

Kenya mapTullow's Twiga South-1 exploration well in Block 13T, onshore Kenya, has encountered oil, the company confirmed 26 November 2012.Twiga South-1 has encountered 30m of net oil pay with further potential to be assessed on test and…

Foster Wheeler acquires Three Streams

Nov 29, 2012

Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…

PXP finalizes GOM acquisitions

Nov 30, 2012

Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…

Saipem nets $500M in drilling contracts

Nov 27, 2012

Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…

Forging on regardless

Nov 19, 2012

The new year of 2012 does not offer great tidings of comfort and joy for the marine seismic business. Andrew McBarnet explains why.Contemplating prospects for 2012, there is a discernible air of frustration, even resignation, in the marine seismic community…

Dolphin Drilling nets Borgholm LOI

Nov 08, 2012

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has receive a letter of intent for the provision of the accommodation semi-submersible Borgholm Dolphin for a twelve month period commencing 1 June 2013 supporting operations in the UK sector…

Total fire protection

Nov 10, 2012

Specialist firefighting knowledge, strategic support and equipment is to be provided by Chubb Fire & Security for Total E&P UK under a five-year contract. Chubb’s Offshore Marine division will deliver the renewed contract, which covers the operator’s Alwyn North…

Helix Energy Solutions Group

Nov 10, 2012

Helix Energy Solutions Group is selling its Caesar, Express and Intrepid pipelay vessels with related equipment in separate transactions. Coastal Trade is purchasing the Express and Caesar for US$238 million in deals expected to close next year…

Bibby buys Toisa Polaris

Nov 02, 2012

Toisa PolarisBibby Offshore has purchased the dive support vessel Toisa Polaris, the Aberdeen-based company announced on 2 November 2012. Bibby said the move will provide as many as 60 North Sea jobs. ‘We are forecasting an increasing level of work in the region over the next year…

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