Trinidad and Tobago’s Trinity Exploration signed an agreement with Centrica to acquire the British company’s 80% interests in two offshore blocks. Valued at approximately US$23 million, blocks 1a and 1b are located offshore the west coast of Trinidad…
Black Elk Energy Offshore Operations announced they have entered into a purchase and sale agreement with Renaissance Offshore, a privately held Houston based oil and gas company. Under the agreement, Renaissance will acquire interests in nine fields in the Gulf of Mexico…
Sonangol Pesquisa e Produção, SA awarded a jackup contract to KCA Deutag for the Ben Rinnes jackup rig in Angola. The agreement, which comes with a two-year extension option, states that KCA Deutag’s offshore division will provide drilling…
Ceona, a SURF and heavy subsea construction contractor, announced it has appointed Jean-Luc Laloë to its advisory committee. With over 35 years of experience in the offshore engineering and construction industry, Jean-Luc Laloë has assumed a variety of positions in areas such as engineering…
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, 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 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, 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 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 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 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…
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 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 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…
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…
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