UK-based exploration and production firm Ithaca Energy has agreed to buy non-operated stakes in three producing fields from Sumitomo Corporation. The deal, worth about US$170 million, will see Ithaca take a further 20% interest in the Shell-operated central North Sea Cook field…
Mubadala Petroleum announced today that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas discovery with significant commercial potential. A third discovery, Sirih-1…
On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organizers are expecting a total…
Geoscience firm CGG and Russia's Sovcomflot have agreed to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE)…
Tony Durrant has been appointed CEO of UK-based exploration and production firm Premier Oil, with immediate effect. Durrant replaces Simon Lockett (pictured), who announced his plans to resign from Premier Oil in February this year. Read…
Updated 26 June The US House of Representatives passed bill HR6, the Domestic Prosperity and Global Freedom Act on 24 June, after debates held this week. The House Energy & Commerce (E&C) committee approved HR 6, authored and sponsored by Rep…
Three days after the Berkut platform was installed on the Arkutun-Dagi field, Russian Federation President Vladimir Putin gave permission for the platform to begin operations via videoconference. The Arkutun-Dagi field is part of the multi-billion-dollar Sakhalin-1 project…
Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…
First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…
A collaboration between Sonardyne International Ltd., Shell, and Liquid Robotics led to the development of a Liquid Robotics Wave Glider autonomous marine vehicle configured for unmanned data retrieval from seafloor sensors. For the last three years…
Paul de Leeuw, a visiting Professor at Aberdeen Business School, has been appointed as the first director of Robert Gordon University’s International Institute for Oil and Gas. With extensive experience in the oil and gas industry Professor de Leeuw will take up his new role in July…
The US Federal Aviation Administration announced approval for the first commercial drone flights over land in the US and the start of operations in Alaska earlier this week. BP plc signed a five-year contract to use drones for its oil operations in Alaska…
Five exemplary geophysicists took part in a panel discussing “Emerging Offshore Geosciences Technologies” at the 45th Offshore Technology Conference in Houston, all of whom have dedicated years of service to the Society of Exploration Geophysicists (SEG)…
The Bureau of Safety and Environmental Enforcement (BSEE) responded to an equipment failure onboard Transocean's Deepwater Nautilus semisubmersible drilling rig in the US Gulf of Mexico, the agency reported on 10 June 2014. Operator Shell Offshore Inc…
GSP Saturn has arrived for exploration drilling at the Gazpromneft Sakhalin-operated Dolginskoye field, located in the Arctic shelf of the Pechora Sea. The Gazprom Neft subsidiary announced 21 January its plans to drill an exploration well and take core samples at the field…
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