GE, Statoil agreement GE Oil & Gas has signed a framework agreement with Statoil to provide subsea operations services on the Tordis, Vigdis, Snorre and Troll fields, offshore Norway. GE Oil & Gas will run the services from their Dusavik site…
For decades, the number of large offshore resource discoveries has outstripped the onshore sector, and the significance of floating production and storage remains a distinct growth opportunity, despite oil price volatility, says Class NK…
Airborne Oil & Gas is taking a staircase approach to introducing new thermoplastic composite pipe (TCP) technology to the oil and gas industry, with TCP risers in its sights. Elaine Maslin reports. A 6in TCP flowline…
After Mexico’s historic energy reform, many have high hopes for the country’s oil and gas sector. But, the first offshore bid round was a disappointment with only two of 14 areas being awarded. Audrey Leon examines what the country has learned…
Petronas subsidiary PSE Seven Heads' Midleton well offshore Ireland has failed to discover commercial quantities of gas, according to partner Landsdowne Oil & Gas. PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy reached target depth in the well…
Petronas subsidiary PSE Seven Heads has started drilling on the Midleton prospect offshore Ireland, according to partner Landsdowne Oil & Gas. PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy is using Diamond Offshore Drilling's…
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first floating liquefied natural gas (PFLNG1) facility to KAKG-A platform. The platform…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
Engineering firm Plexus' Asian joint venture with Integrated Petroleum Services, Plexus Products, has secured a PETRONAS license to manufacture and supply Plexus’ POS-GRIP wellhead equipment in Malaysia. Plexus believes that with the PETRONAS license secured…
Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…
Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
Petronas subsidiary PSE Seven Heads has agreed a contract to drill on the Midleton prospect offshore Ireland starting in August, according to partner Lansdowne Oil & Gas. PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy will…
Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and production phases…
Wood Group Kenny (WGK) will support the Kebabangan Petroleum Operating Co. (KPOC) in pipeline engineering and flow assurance engineering studies for the Kamansu East (KME) field offshore Sabah, Malaysia. The scope of work will include…
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