Press News

 

EMGS Preps for South American Survey

Oct 22, 2018

Norwegian owner Electromagnetic Geoservices (EMGS) said in a press note that it is currently engaged in the final stages of a contractual exchange for a proprietary data acquisition survey with an undisclosed customer.The survey will take place…

SDX Terminates Talks Over BP's Egyptian Assets

Oct 19, 2018

North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from the oil giant BP.A press release from SDX announced that further to the announcement made on September 20, 2018, discussions…

Tullow Hires Subsea 7 for Offshore Ghana

Oct 10, 2018

Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters.According to a press release from the London-headquartered subsea engineering company, the engineering…

Yinson's Knock Allan FPSO Contract Terminated

Oct 10, 2018

Malaysia’s Yinson Holdings Bhd has received the termination of an FPSO contract for its Knock Allan FPSO located on the Olowi field offshore Gabon.The oil and gas services company said in a press release that the contract with Canadian Natural Resources (CNR) International (Olowi) Ltd…

Solstad Farstad Renamed Solstad Offshore

Oct 03, 2018

Solstad Farstad has changed its name to Solstad Offshore ASA. The name change of the company, jointly formed by Solstad Offshore, Farstad Shipping and Deep Sea Supply last year, was announced through Twitter.The  integrated shipping company with high specification vessels in its market segment…

Petrobras, BP to form strategic alliance

Oct 31, 2017

Petrobras and BP have signed a letter of intent (LOI) to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and elsewhere, which include cooperation on upstream, LNG and downstream, with the purpose of developing a potential strategic alliance…

LQT wins TLP accommodation work

Oct 25, 2017

LQT Industries has been awarded the engineering and construction of a three story aluminum accommodations facility by a major oil and gas production company for a deepwater tension leg platform (TLP) in the Gulf of Mexico. The aluminum accommodations…

Petronas to exit offshore Vietnam blocks

Jul 27, 2017

Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…

Petrobras awards Santos Basin survey

Jun 26, 2017

Petrobras has awarded Seabed Geosolutions, a joint venture between Fugro and CGG, to conduct the largest ever 3D ocean bottom node (OBN) survey in the Santos Basin in Brazil. Seabed Geosolutions’ new Manta node system will be used to conduct the OBN survey…

ABS approves Chiyoda LNG concept

Jun 21, 2017

Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…

West Hercules to drill Cambo discovery

Jun 19, 2017

North Atlantic Drilling Ltd. Has been awarded a drilling contract with Siccar Point Energy E&P Limited for the Seadrill Ltd., semisubmersible West Hercules to drill and test the Cambo discovery offshore the UK West of Shetland. Drilling is scheduled to begin 1 April 2018…

NPD grants drilling permit for Kayak

Jun 07, 2017

The Norwegian Petroleum Directorate (NPD) on Wednesday granted Statoil Petroleum AS the exploration drilling permit for the Kayak prospect in the Barents Sea. Statoil will use the Songa Enabler to drill wildcat well 7219/9-2 in production license 532…

Statoil to drill Carmen prospect

Jun 07, 2017

Norway’s Petroleum Safety Authority (PSA) has given Statoil the go-ahead to drill the Carmen prospect in the Norwegian Sea. Statoil will use the semisubmersible Deepsea Bergen to drill Carmen, located on Block 6507/8 in 358 m of water at Haltenbanken…

Eni inks Coral South FLNG agreements

Jun 01, 2017

Eni on Thursday signed the drilling, construction and installation contracts for its proposed Coral South floating liquefied natural gas (FLNG) project, the first FLNG project offshore Africa and the third FLNG facility globally. Image…

Marathon Oil CFO resigns

Aug 22, 2016

J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…

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