SacOil, the Public Investment Corp. SOC Ltd. (PIC) and the Instituto de Gestão das Participações do Estado (IGEPE) signed a joint development agreement (JDA) to evaluate the technical and commercial feasibility of a transnational terrestrial…
Zamakona Yards has signed an initial two-year agreement with Finnish multinational GS-Hydro. The contract has an initial duration of two years. The agreement was signed 5 December in Zamakona Yards' Las Palmas Port offices by Borja Garaygordobil…
Italian giant Eni began production of first oil from its West Hub Development project in Block 15/06, offshore Angola. N’Goma. From SBM Offshore. Block 15/06 covers about 2984sq km…
Baker Hughes Inc. issued the November 2014 international rotary drilling rig count today, showing a total of 1324 rigs operating worldwide in November 2014, outside of the US & Canada. International activity in November was up 16 rigs from the 1308 rigs drilling in October 2014…
Camac Energy signed a contract with a subsidiary of Transocean for the provision of the semisubmersible drilling unit Sedco Express for drilling and completion activities offshore Nigeria. The Sedco Express…
The global fleets are growing – not least in order to cater for new deep water challenges. Fred Tholen takes a look. Subsea 7’s new heavy construction vessel, under construction in South Korea…
OE spoke with experts from CGG and Ion Geophysical to ascertain where the next frontiers of future offshore oil and gas exploration will be located. These areas are certain to blossom over the next five years. Here’s how the experts answered…
No end in sight for giant conventional discoveries Despite the developments in unconventionals over recent years, giant conventional oil and gas fields continue to be discovered around the world. Over the past 10 years, eight of the top…
Houston-based geosciences company Benthic has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation for a deepwater geotechnical investigation in the Golfinho field offshore Mozambique. Benthic’s PROD (Portable Remotely Operated Drill)…
Woodside has entered into a contract for an exclusive Reconnaissance License (RL) with the Office National des Hydrocarbures et des Mines, the national oil company of the Kingdom of Morocco, to explore a block offshore Morocco. The block…
Service company Royal Niger Emerging Technologies has awarded JDR a fast-track contract supporting the West African Abo project for the manufacture of a 1.55km hybrid steel tube and thermoplastic umbilical. The umbilical, designed to…
Royal Niger Emerging Technologies awarded JDR Cable Systems Ltd. a contract to manufacture a 1.55km hybrid of steel tube and thermoplastic umbilical support for the West African Abo project. JDR's steel umbilical…
Salamander Energy and Ophir Energy have agreed the proposed terms of a deal which would see Ophir takeover Salamander. The two companies say that the move had “compelling strategic logic,” including a strong balance sheet, enhanced operating…
Cairn Energy has confirmed an oil find on the SNE-1 well offshore Senegal, but says a deeper target was dry. The SNE-1 well discovered oil in the upper clastic target, but no hydrocarbons were subsequently encountered in the deeper target…
Eni and Sonangol have agreed to up a joint team aimed at studying the potential of the non-associated gas present in the Lower Congo basin. Under the agreement, Eni and Sonangol will set up a joint team aimed at studying the potential…
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