French cables firm Nexans has been selected to supply the cabling for Total's deep water Egina floating production, storage and offloading (FPSO) vessel. The vessel is being built by Samsung Heavy Industries under a Euro 2.8 billion turnkey contract - its largest FPSO contract to date…
Tullow Oil’s TEN project is more than 85% complete and is set for production start-up between July and August 2016, which will help the company drive further reductions in operating costs and capital expenditure. Image from Tullow…
Golar LNG Ltd. entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners for US$330 million. In connection with the closing, the Golar Partners will receive a daily fee plus operating expenses…
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration, a subsidiary of Chevron Corp., to acquire a 30% participating interest from Chevron’s 75% share in three deepwater offshore leases in the Kingdom of Morocco: Cap Rhir Deep…
The SNE oil field offshore Senegal contains more oil than initially estimated, according to a new report commissioned by field partner FAR Ltd. FAR's previous estimates for so-called 2C contingent resources in the Cairn Energy operated field were 330 MMbbl…
Panoro Energy announced that the final works on the floating production, storage and offloading (FPSO) vessel, for the Aje field operations, have been completed. The vessel has left Singapore and is expected to arrive in Nigeria mid-March 2016…
BP has informed Oceaneering that it has terminated its contract with the Bourbon Oceanteam 101 vessel, effective May 2016. The vessel had been hired by the supermajor to work offshore Angola. Prior to the early termination notification…
Anadarko Petroleum posted a full year net loss of nearly US$7 billion, with the anticipation of cutting its initial 2016 budget by some 50%. Mozambique operations. Image from Anadarko. For Q4…
The floating production, storage and offloading (FPSO) vessel, Prof. John Evans Atta Mills set sail from Singapore on 23 January. The vessel is sailing to Ghana, where it will produce and store oil from Ghana’s Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields…
The job of placing ocean bottom nodes for seismic acquisition could be set for a revolution. Elaine Maslin looks at Autonomous Robotics Limited’s concept. A single node, nose on. Images from Autonomous Robotics Ltd…
Sterling Energy's subsidiary Sterling Energy Mauritania Ltd. (SEML) has submitted a notice of withdrawal to its joint venture partners in Block C-3, offshore Mauritania. As part of the withdrawal, SEML will assign its entire 40.5% participating…
Schedule slippage is an ever-present reality for exploration and production (E&P) projects, especially for the more complex mega-projects, says Norwegian oilfield analysts Rystad. 'In addition to subsurface challenges, above-ground issues…
Kosmos Energy announced a “significant” natural gas discovery at its first exploration well offshore Senegal, in addition to memorandum of understanding (MOU) for the development of the cross-border Greater Tortue complex. The Atwood Achiever…
AziNam, the offshore Namibia focused exploration company, has announced that it has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia. The survey is located in the Walvis basin and was conducted by PGS Geophysical…
Oilfield services giant Schlumberger has inked its second floating LNG-related deal within a space of days - this time taking a stake in a development project. After inking a memorandum of understanding with LNG carrier and floating LNG firm Golar LNG late last week…
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