KrisEnergy is set to sign a deal next week with the government of Cambodia for Cambodia Block A to develop the Aspara oil field. Map of Block A, from KrisEnergy. The company expects the deal to be signed on 23 August…
Mech-Tool Engineering Ltd. (MTE) will provide its on-site supervision and inspection services to facilitate the launch of the Hebron platform, which is scheduled to produce first oil by the end of 2017. Image from MTE…
SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…
Transocean seems to be shaping up with a busy quarter of reactivating rigs and extending contracts, as the offshore drilling contractor sets its sights on nearly 60 floater programs that could begin within the next 18 months. The Transocean Nautilus…
Caspian Sea focused Dragon Oil has awarded a US$100 million contract to offshore support vessel (OSV) firm Topaz Energy and Marine for use of six vessels. Dragon Oil is the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC)…
Woodside has made its third gas discovery offshore Myanmar. The Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin intersected a 65m gross gas column. A 36m net gas pay interval was interpreted within the primary target sandstone reservoir…
Joint operator Husky-CNOOC Madura has started first production from the BD gas field in Indonesia. The BD gas field is in the Madura Strait in 55m water depth. It is being produced via an unmanned wellhead platform, a floating production…
NEL’s Damian Krakowiak examines the potential of virtual flow metering technology and how better testing could enable its adoption. Validation needed. Photo from NEL. With the…
Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project offshore Malaysia in Q3 2017. The North Malay Basin Block PM302 is…
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…
Oil production from the Oyong field offshore East Java, Indonesia, ceased in June as part of the Sampang Sustainability Project, according to partner Cue Energy. As part of the project, the field’s production has been switched to natural gas only…
Mermaid Maritime has been awarded two subsea contracts with a combined estimated value of US$4.6 million. The first contract award, with work scheduled to begin in Q3 2017, will involve a short ROV campaign for pipeline touchdown monitoring…
Keppel Corp. has revealed that its wholly-owned subsidiary Keppel Offshore and Marine’s (Keppel O&M) plans to deliver five rigs to Borr Drilling, and the world's first floating liquefied natural gas (FLNG) vessel conversion Image from Keppel…
Wison Offshore & Marine’s newly-developed floating storage regasification and power generation barge, the W-FSRP, has received approval in principle (AIP) from Bureau Veritas. W-FSRP. Image from Wison…
Ophir Energy is expecting to have the Fortuna FLNG project final investment decision (FID) off Equatorial Guinea settled in the coming months, as the company moves to decrease costs by cutting 15% of its global workforce. Thailand operations…
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