ENI has confirmed a contract with Malaysia's Bumi Armada for an FPSO to be used on its deepwater East Hub field, in Block 15/06 offshore Angola. The contract, worth in total about US$3 billion, is a 12 year charter with eight yearly…
Cairn Energy has farmed in to the Statoil-operated Ensis prospect in the Barents Sea, marking a new entry into the Barents region for Cairn. Statoil is drilling a well on Ensis at the moment - well 7125 4-3 - in production license 393…
Cylindrical floating vessel firm Sevan Marine says it has a positive outlook with multiple leads for its technology, including FLNG technology and potential deals for floating production units on Premier Oil’s North Sea Bream field and Shell’s Penguins…
Norwegian Seismic acquisition and processing firm Electromagnetic Geoservices (EMGS) has increased its stake in exploration firm North Energy to nearly 10% as part of a loan deal. The NOK75 million convertible bond loan secured EMGS addtional shares in North Energy…
Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, reported Reuters. The agency said Norway's oil and energy ministry, which asked companies…
Statoil and Norwegian Prime Minister Erna Solberg officially opened the company's new Gudrun platform, on the Norwegian Continental Shelf (NCS). Gudrun installation. Photo from Statoil…
Badger Explorer ASA (BXPL) signed a co-operation agreement for a long term agreement with China National Petroleum Corp. Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling tool…
GDF SUEZ E&P UK Ltd. appoints Ruud Zoon as managing director. Zoon joins from GDF SUEZ E&P Nederland B.V. where he has been managing director since 2010. He has 30 years of energy industry experience, holding senior management positions in locations including the Netherlands…
Operators are battling to manage cost overruns on larger projects, was the message that emerged from an event on “Large Oil & Gas Projects” held at the Royal Geographical Society in London in June, organized by the Norwegian British Chamber of Commerce…
Statoil and partner RN Nordic Oil, a Rosneft subsidiary, began exploration drilling on the Pingvin prospect in production license 713 in the Norwegian Barents Sea using the Transocean Spitsbergen semisubmersible drilling rig (pictured) in 422m water depth…
Harkand has been awarded a contract to support Apache's North Sea business with inspection, repair and maintenance work (IRM) as well as light construction (LC). The award includes provision of vessels, ROV and diving services for three years…
North Energy and Noreco Norway have agreed to swap interests in two offshore Norway production licences (PL). North Energy will acquire 15% of PL 484 in the Norwegian Sea and transfer a 10% holding in PL 616 in the North Sea to Noreco…
Norway-based Uptime International has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion-compensated gangways. The first of these three gangways will be mounted early 2015…
CNR International selected a consortium of AF Gruppen subsidiary AF Decom Offshore UK and Heerema Marine Contractors to remove and dispose of one of the largest platforms in the UK North Sea (pictured). Under a letter of intent, Heerema-AF Consortium's contract will cover engineering…
Kvaerner and KBR are setting up a joint venture to competitively bid on offshore platform topsides contracts for the Johan Sverdrup field development offshore Norway. The Johan Sverdrup field is one of Norway's largest offshore oil and gas fields…