Pura Vida Energy has taken over operatorship in the Ambilobe block, offshore Madagascar, east Africa, following the withdrawal of Sterling Energy from the license. The move means Pura Vida now also has 100% interest in the license and means additional strategic options will be available…
Photographer Jan Berghuis has caught these stunning images of the moment Heerema Marine Contractor's Thialf heavy lift vessel lifted into place a new, 10,000-tonne module for Talisman Sinopec Energy UK's new Montrose platform in the UK North Sea…
Sweden-based PA Resources reported that the company's wholly owned subsidiaries, PA Resources Tunisia, Hydrocarbures Tunisie Didon, Hydrocarbures Didon Jersey and Hydrocarbures Tunisie Corporation, have executed a sale and purchase agreement with ETAP…
Douglas J. Pferdehirt has been appointed president and CEO of FMC Technologies, effective 1 September 2016. Pferdehirt will succeed John T. Gremp, who will continue to serve as chairman of the board of directors while the company completes its transition to the new CEO…
Bibby Offshore has entered into a multimillion dollar agreement for two of its vessels to provide first gas and construction support on its assets in the Southern North Sea. The contract, with an unnamed global energy provider, is due to be executed between Q3 and Q4 2016…
DNV GL – Business Assurance USA, Inc. issued Noble Energy a certificate of compliance to the SEMS (Safety and Environmental Systems) standard, which represents the highest criteria for safe operations of offshore drilling platforms. This…
ExxonMobil E&P Malaysia has awarded Icon Offshore a US$10.4 million (RM42 million) contract for the provision of two straight supply vessels. The two-year deal commenced this month, and comes with a one-year extension option, the vessels…
Hyundai Heavy Industries (HHI) is spurring efforts to enhance its competitiveness by implementing intense management reform plans including the voluntary retirement of manager-level employees, the company announced today. “Along with the 25% cut of senior managers last month…
Vessel builder Vard is looking at its options concerning a Harkand diving support and construction vessel that is under construction at its yard, after Harkand went into administration last week. Harkand has one diving support and construction…
Singapore's Vallianz Holdings reported an 18.8% drop in its revenue in Q1, in addition to being awarded a US$63 million charter contract to supply two offshore support vessels (OSV) to a national oil company in the Middle East. The company's revenue dipped to $49…
In this illustrated video, Italian giant Eni give an overview of the Offshore Cape Three Points (OCTP) project that is located offshore Ghana. The existing project involves the development of multiple subsea wells tied back to a FPSO…
Dallas, Texas-based Kosmos Energy has laid claim to more than 25 Tcf of gas in the Senegal-Mauritania fairway after making its latest gas discovery. Kosmos says the “significant” Teranga-1 deepwater exploration well, in the Cayar Offshore Profond block…
OE readers won’t need much reminding of the parlous state in which oil and gas currently finds itself. That’s particularly the case here in the North Sea where the price slump is compounded by dwindling reserves and high operating costs. By contrast…
The UK's Oil and Gas Authority (OGA), a newly formed independent regulator, has released a second invitation to tender (ITT) for the 2016-2017 UK Government funded seismic program. This tender is for reprocessing legacy seismic data in…
Entek Energy has agreed a deal with Peregrine Oil & Gas to sell its entire Gulf of Mexico portfolio. The interests comprise Entek’s respective 38% and 25% interests in the GA A133 and PN 975 blocks, and its overriding royalty interest in the VR 341/342 blocks…
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