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Monday, 20 February 2017 16:48

KCA Deutag inks Sakhalin extension

Sakhalin Energy Investment Co. awarded KCA Deutag a four-year contract extension for platform drilling services on three platforms offshore Sakhalin Island…
Thursday, 09 February 2017 15:13

Polarcus, Sovcomflot ink vessel deal

Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms…
Tuesday, 31 January 2017 19:27

Exxon to start 5 projects by 2018

US giant ExxonMobil announced it will start five major offshore projects in 2017-2018, in addition to a Q4 2016 earnings…
Wednesday, 25 January 2017 19:25

BP: Renewables to quadruple by 2035

BP is forecasting that renewables will become the fastest growing fuel source by 2035, nearly quadrupling over the next 20…
Wednesday, 25 January 2017 15:22

Gazprom Neft gets Ayashsky license

Gazprom Neft subsidiary, Gazpromneft Sakhalin, has acquired a license for the exploration, development and production of hydrocarbons at the Ayashsky block, on the continental shelf of the…
Monday, 23 January 2017 10:39

Two new wells, ESP first at Prirazlomnoye

Gazprom Neft has commissioned two new production wells at its Prirazlomnoye field in Russian arctic waters.  The new wells bring…
Lundin is to take a non-cash impairment charge of US$632 million after deciding to take some 170 MMboe contingent resources…
Wednesday, 04 January 2017 18:47

HHL completes NSR crane delivery

Hansa Heavy Lift (HHL) has successfully transported two ship-to-shore (STS) cranes via the Northern Sea Route (NSR), relocating them from…
Sunday, 01 January 2017 06:00

Light at the end of the pipeline

Is the subsea market poised for a comeback? Jon Fredrik Müller, of Rystad Energy, sets out the detail. An oil…
Published in OE: 2017 / January
Sunday, 01 January 2017 06:00

Slim pickings

There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has…
Published in OE: 2017 / January
Three Japanese companies have agreed on a project to jointly explore for oil and gas southwest of Sakhalin Island, working…
Wednesday, 14 December 2016 15:56

Gazprom to get stake in OMV Norway

Gazprom and OMV signed an agreement that will see Gazprom acquire stake in OMV Norway. According to the agreement, Gazprom…
Monday, 12 December 2016 09:18

Rosneft acquires Zohr stake

Russia's Rosneft is to take a 30% stake in the Shourouk Concession, offshore Egypt, containing the supergiant Zohr gas field.…
Friday, 09 December 2016 19:44

Allseas inks Nord Stream 2 pipelay

Allseas and Nord Stream 2 signed a letter of intent (LOI) covering the offshore pipelay work for the Nord Stream…
Thursday, 08 December 2016 10:06

Glencore, Qatar to buy 19.5% Rosneft stake

Swiss multinational commodity trading group Glencore has confirmed it is in the final stages of negotiations over buying a 19.5%…
2018-09-23 09:08:10am