Australia and UK-based Global Petroleum says it is seeing progress on its bid to gain blocks in the Adriatic Sea, but that the company is making cost reductions reflecting the low oil price and its lack of progress making an acquisition to grow its portfolio…
Keppel Shipyard has signed its third contract with Golar LNG worth approximately US$684 million for a floating LNG conversion. Keppel Shipyard will convert Golar’s Moss type LNG carrier, the Gandria, into a Golar Floating LNG (GoFLNG) facility…
French oil major Total has started production from its Dalia Phase 1A project, boosting the firm’s deep water Block 17 offshore Angola production by some 30,000 b/d. The Dalia Phase 1A project involves drilling of seven infill wells,…
Despite over 37 billion bbl remaining in proven reserves, oil production in Nigeria is forecast to falter due to underinvestment, with the country’s oil and gas sector in desperate need of reforms and transparency to reverse this trend, according…
MX Oil agreed to invest in an indirect, non-operated 5% revenue interest in the OML 113 license, offshore Nigeria, which includes the Aje field, a substantial development stage project with proven, flow tested discoveries where production is expected by January 2016…
Two consortia of oil services companies have been selected to compete for an EPIC contract on Africa's first floating LNG project through two front end engineering and design contracts. The move will pitch McDermott Marine Construction…
According to the Baker Hughes offshore rig statistics, Latin America’s rig count is 62, down from 69 a month ago and down from 70 a year ago. The Europe offshore count is holding steady at 48, the same as it was one month ago and one year ago…
EMAS Offshore secured three new awards for charters with oil majors in West Africa and Thailand valued at more than US$24 million (including options). In West Africa, EMAS Offshore’s anchor dandling tug and supply (AHTS) vessel will be…
Seismic vessels are the lifeblood of global offshore exploration efforts. Jeannie Stell searches for bright spots in the current global market of seismic vessel activity. The Sanco Sword. From Dolphin Geophysical…
Saipem awarded Alderley a contract to design, engineer and fabricate two FPSO-produced water treatment packages for the Kaombo FPSO Project in Angola. The project will be undertaken by Alderley Process Technologies, a subsidiary of Alderley…
Well Flow International named Osama M. Hasan Baiej as its vice president of business development for the Arabian Gulf and North Africa. Baiej has more than 15 years of experience in business development and strategy, oilfield services…
Golar LNG, national oil firm Societe Nationale de Hydrocarbures (SNH) and French independent Perenco have agreed the commercial terms for the Africa's first floating LNG (FLNG) project. The project will be the first FLNG export project…
Tullow Oil's TEN project offshore Ghana is ramping up towards offshore installation activities this month and is on budget and on track for first oil mid-2016, the firm said today. The TEN project, named after the Tweneboa, Enyenra and Ntomme fields it will develop…
Block 17 has shone brightly for French operator Total and its partners. Now with the fourth development – CLOV – in production, Audrey Leon details how lessons learned and local content proved to be key to Total’s success offshore Angola…
A change in Nigerian leadership will not end piracy risks to companies that operate oil and gas assets offshore West Africa. AKE Group’s Laura Barber weighs in. A ship uses fire hose defense. Image from US Naval Institute…
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