Bids from Russia’s Gazprom and China’s China National Offshore Oil Corporation (CNOOC) have been included in the latest licensing round offshore Tanzania. The 4th Deep Offshore and North Lake Tanganyika Licensing Round closed on May 15…
GAC Russia is upgrading its supply base at the port of Novorossiysk to support offshore oil & gas exploration and extraction in the Black Sea. GAC Russia has already signed contracts to provide supply base support for operations from Novorossiysk on the northeastern Black Sea coast…
INPEX and Shell are investing in a project to construct a subsea optical fiber cable system incorporating the Ichthys and Prelude projects in Australia's Browse basin. The subsea fiber optic cable system, to be provided and operated by Nextgen Group…
Gazprom Neft has announced the signing of a three-year framework agreement on drilling and well reconstruction with drilling service provider Commonwealth of Independent States Eurasia Drilling Company Limited (EDC). Under the terms of this agreement…
Greenpeace activists this (Tuesday 27 May) morning boarded two oil rigs in an attempt to disrupt their planned deployment to areas within the Arctic Circle. A group of 30 activists in the Dutch port of IJmuiden occupied the GSP Saturn…
Norwegian drilling contractor Norshore is to carry out top hole drilling in the Malikai field in Malaysia as part of a contract with Sabah Shell Petroleum Company, Far Frontier Energy Sdn. Bhd. Norshore said the contract was a breakthrough…
Australia's ADX Energy has won 100% stake in an exploration permit offshore Italy, which it will operate through its wholly owned Italian subsidiary. The offshore exploration permit d 363 C.R-.AX was awarded by the Italian Ministry of…
UK heavy oil explorer Xcite Energy has entered into a collaboration agreement with Statoil and Shell over the Bentley and Bressay fields in the North Sea. The move could see the two heavy oil fields developed using the same infrastructure…
SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…
Schlumberger has launched a new technology, the GeoSphere reservoir mapping-while-drilling service, which has been tested in more than 140 wells worldwide. The new technology gives operators an opportunity to optimize well landing operations…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
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…
MultiClient Geophysical (MCG) has announced an extension of the multi-client 2D (MC2D) Barents Super-Tie towards the east into the newly opened Barents South East (former Disputes Zone between Norway and Russia). The new lines will tie…
The US Department of the Treasury issued sanctions against seven Russian government officials and 17 entities on 28 April. Among those officials listed was OAO Rosneft President and Chairman of the Management Board Igor Sechin. These…
Western Europe will continue to rely on imported Russian gas into the 2020s, as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term. Following Moscow’s intervention…