Electromagnetic Geoservices ASA (EMGS) received a US$6.8 million letter of intent (LOI) for 3D EM data acquisition in Malaysia. The BOA Thalassa. From BOA. The BOA Thalassa vessel will conduct the survey…
N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…
GE launched its new technology center and a new deepwater vertical Xmas tree at this year’s ONS. Meg Chesshyre learned more. The inauguration of GE’s new technology solutions center, including a half-size model of its new deepwater Xmas tree…
Abu Dhabi-based Mubadala Petroleum has spudded two more wells on the Manora field off Thailand. Drilled with Atwood Oceanics’ jackup Atwood Orca, the MNA-04 and MNA-05 wells represent the fourth and fifth wells, respectively, of a planned 15 developmental well campaign set to end 1Q 2015…
Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction. Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…
Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship. Photos: Pacific Drilling…
Wojciech Zmudzinski, chief pipeline engineer for McDermott (right) with an INPEX Ichthys Project representative during a valve manufacturing inspection at a factory in Italy. (Photo: Business Wire) McDermott…
Singapore’s Swissco completed the acquisition of four additional mobile offshore drilling units, bringing their rig fleet to eight. Swissco’s previous four rigs have contracts for an oil major in Latin America worth approximately US$94…
Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…
According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…
The test frame for Allseas’ mega-vessel Pieter Schelte arrived at BOW Terminal in Vlissingen. The En Avant 20 tugging the test frame. From Muller. Volker Staal en Funderingen (VSF) awarded…
Mexico’s Petróleos Mexicanos (Pemex) has signed agreements with Malaysia’s Petroliam Nasional Berhad (Petronas) and with Argentina’s YPF, to take advantage of new opportunities opening through Mexican energy reform. Heads of the three national oil companies met last week in Cancún…
The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…
The partnership behind the Leviathan field off Israel has submitted a US$6.5 billion initial development plan to the country’s Ministry of National Infrastructures, Energy and Water Resources, Reuters has reported. Located around 130km from Israel’s coast in around 1600m of water…
Ulstein won the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel Bravenes. Van Oord’s Bravenes. From Ulstein Working in close cooperation with Van Oord…
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