Saudi Aramco has begun producing natural gas at its Hasbah field, offshore Saudi Arabia. Hasah is located 150km northeast of Jubail in the Arabian Gulf. It has seven single-well platforms, and is expected to provide up to 1.3 Bcf/d of natural gas…
Schlumberger is adding to its list of takeovers with the announcement of the acquisition of Meta Downhole, a UK-based engineering and service company that offers technology and expertise to provide downhole metal-to-metal isolation solutions in well integrity applications…
Bibby Offshore has awarded a frame agreement for rigging equipment inspection and wire rope management to marine and subsea business IMES following a lengthy and competitive tender process. The agreement, potentially worth a seven-figure sum…
A joint venture between SapuraKencana Services and GE Power Systems, SapuraKencana GE Oil & Gas Services (SKGE) has been awarded a long term service agreement by Petroliam Nasional (PETRONAS) Floating LNG1 (PFLNG) to provide maintenance services for PETRONAS’ two forthcoming floating LNG vessels…
As part of President Obama’s Climate Action Plan to create American jobs, develop clean energy sources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) announced its approval of the first wind energy Research Activities…
The US Bureau of Ocean Energy Management (BOEM) held two lease sales today (23 March) in New Orleans, amid loud protests from environmental groups. One lease sale (Lease Sale 241) attracted some US$156 million in high bids, the other sale (Lease Sale 226)…
Cluff Natural Resources (CLNR) has signed heads of terms with Verus Petroleum UK for 25% participating interest in three licenses located in the Central North Sea and the Moray Firth. These licenses, two of which are effectively drill ready…
The government of Gabon has extended the deadline to submit bids for the country's 11th Licensing Round to 29 April 2016. Gabon is calling for international participation in the licensing round which will focus on five blocks, E-12, F-12…
The NG-3500X is the latest design in GustoMSC’s series of self-propelled jack-up designs – the NG series. Based on the NG-2500X and NG-1800X designs, the NG-3500X comes in two distinct versions for accommodation, services and well intervention…
Petrobras has awarded Seadrill an 18-month contract extension for the West Tellus drillship offshore Brazil, commencing in April 2018, and securing work for the unit through the end of October 2019. The total backlog for the contract extension is approximately US$164 million…
IHS and Markit has announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals. Based on the closing prices of IHS and Markit common stock on 18 March 2016, the implied equity value of the transaction is more than US$13 billion…
Aberdeen-based well intervention specialist READ Cased Hole launched its latest logging technology, ZeroTime, at the 2016 SPE ICoTA Coiled Tubing and Well Intervention Conference and Exhibition in Houston. As a logging while working solution…
France’s Total and China’s China National Petroleum Co. (CNPC) signed a strategic cooperation agreement to extend the two companies’ existing collaboration. The agreement was signed on 20 March between Patrick Pouyanné, chairman and CEO of Total…
Aquatic Engineering & Construction has expanded its team based in Houston. Bob Terrell joined Aquatic last month as regional manager, while Andrew Blaquiere has moved permanently from the Acteon group to Aquatic as proposals and project engineer…
Asset integrity specialist Wood Group Intetech (WGI) is growing its team with new technical staff in Malaysia in response to heightened demand for its services, the company said. Though known for its software solutions, the demand for WGI’s materials selection…
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