Offshore News


PEMEX picks GE wellheads

Jun 25, 2014

GE Oil & Gas announced today it will provide vital surface equipment to Mexico’s national oil company PEMEX Exploration and Production for use at its offshore project in the Ayatsil heavy oil field located in the Campeche Sound, in the Gulf of Mexico…

Swire Oilfield Services announces Southeast Asia expansion

Jun 24, 2014

Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has announced plans to further invest in Southeast Asia with the development of three new operational…

KrisEnergy contracts jackup for Thai campaign

Jun 24, 2014

KrisEnergy Ltd. an independent upstream oil and gas company, announced it has contracted the Key Gibraltar jack-up rig for development, appraisal and exploration drilling in two licenses in the Gulf of Thailand. The contract with Shelf Drilling (Southeast Asia) Limited…

Raytheon Anschütz delivers 15,000th Standard 22 Gyro Compass

Jun 24, 2014

Raytheon Anschütz, a German-based navigation system supplier, announced it delivered its 15,000th Standard 22 Gyro Compass in June 2014. The jubilee compass will replace a 30 year old Anschütz Standard 4 Gyro Compass onboard the superyacht Esmeralda…

Gall Thomson opens UK tech center

Jun 24, 2014

Gall Thomson announced it has opened a state-of-the-art technology center in the UK. The center, which is part of the company’s ongoing growth strategy, will be used for the design, production, refurbishment and testing of marine breakaway couplings…

Nam Cheong secures AWB contract

Jun 23, 2014

Nam Cheong Ltd a global offshore marine company and Malaysia’s largest Offshore Support Vessel (OSV) builder announced today that it has sold two accommodation work barges (AWB) worth approximately US$84 million. The barges were sold to Perdana Petroleum Berhad…

Mubadala confirms gas discovery in Malaysia

Jun 23, 2014

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…

CNOOC signs PSC with Eni

Jun 20, 2014

China National Offshore Oil Corporation (CNOOC) announced today that it has signed a production sharing contract (PSC) with Eni for Block 50/34 in the South China Sea. Block 50/34 encompasses an area of 2000sq km in the Qiongdongnan Basin of offshore Hainan Island…

TGS begins 3D survey of Brendan Basin

Jun 18, 2014

TGS commenced acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2500sq km and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17500sq km…

Statoil natural gas discovery offshore Tanzania

Jun 18, 2014

Statoil announced the discovery of 2 to 3tcf of natural gas in place in the Piri-1 well, bringing the total of in-place natural gas volumes up to approximately 20tcf in Block 2 offshore Tanzania. The new gas discovery was made in the…

First subsea piling services operation completed in Norway

Jun 18, 2014

Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it successfully completed its first subsea piling services contract.  CIS used its new remotely operated Subsea Piling System…

Karoon releases Pharos-1 progress report

Jun 17, 2014

Karoon Gas Australia Ltd. announced on 16 June that the Pharos‐1 well, located offshore Western Australia, was drilling ahead at 4570 mRT in the 8½-in. hole section. Since last reported on 30 May, the 12¼-in. hole section was drilled 1719m from the 133⁄8-in…

MedcoEnergi returns to Tunisia

Jun 16, 2014

Indonesian based MedcoEnergi announced it has reached an agreement to acquire 100% ownership of Storm Ventures International Ltd. (SVI) for a base purchase price of US$ 114.03 million, excluding an amount payable for working capital which is subject to a customary post-closing adjustment…

Kashagan production remains frozen

Jun 13, 2014

North Caspian Operating Co. BV (NCOC), the seven-company consortium behind Kashagan development, confirmed 12 June that production is not expected to resume in 2014. It appears that “both oil and gas lines might have to be fully replaced…

AWE drills Oi exploration well

Jun 03, 2014

Australia’s AWE Limited announced that drilling on the Oi-1 exploration well in the Tui area oil fields, located off New Zealand in the Taranaki Basin, commenced on 30 May with the semisubmersible Kan Tan IV. Oi-1 is located approximately…

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