VAM USA celebrated its 30th anniversary on 9 October. The company hosted a gathering at its Houston headquarters to mark the event. Among the participants were customers, the board members from Vallourec, NSSMC and Sumitomo Corporation, the group’s North American leadership…
Liberia’s current invitation-only bidding round has ignited interest among international oil companies, due to the country’s considerable hydrocarbon potential and favorable fiscal terms. However, the Ebola virus outbreak and Liberia’s poor infrastructure will pose challenges to the round…
Petrofac’s Offshore Projects & Operations business unit has been awarded a major reimbursable contract on the UK Continental Shelf. In the central North Sea, Petrofac has been selected to provide engineering and construction support…
Through water communication and positioning technology firm Nautronix has secured an order to supply NASNet, an underwater positioning system, to Subsea 7. The system will be used on Statoil's Aasta Hansteen field, in the northern Norwegian Sea…
In 2014, decommissioning spending on the UK Continental Shelf (UKCS) will reach approximately US$1.6 billion (£1 billion) for the first time in a single year, according to data published 9 October. The data, gathered from 28 UKCS operators…
Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…
CGG is launching its new business line, multi-physics effective 1 January 2015. The multi-physics business line will be established in the acquisition division and will build upon CGG’s strength in potential field and electromagnetic geophysical methods…
Marine Contracting's Houston outfit towed LLOG Exploration’s Delta House semisubmersible floating production system (FPS) to its operating site located in Mississippi Canyon 254 in the Gulf of Mexico. LLOG Delta House…
MPX North Sea's exploration well 9/14a-15a on the Aragon prospect in the North Sea is to be plugged and abandoned after the reservoir was found to be water bearing. Drilling and open hole logging operations were completed on the well…
UK exploration independent Enegi says the Phoenix discovery in the central North Sea is a viable candidate for its marginal field initiative. Phoenix, in Block 22/12b, was operated by Apache. In 2010, Apache, drilled the 22/12a-12 appraisal well…
ENI-owned Saipem, UK-based Xodus Group and Japan's Chiyoda Corporation have joined forces to create a new joint venture, Xodus Subsea, focusing on subsea engineering. Xodus Subsea - which will stand alone from the three companies with its own resources and assets - will provide studies…
Yamgaz awarded a contract to Atlantic Gulf & Pacific Co. (AG&P) to supply process modules to the Yamal LNG plant, located in Sabetta, northeast of the Yamal Peninsula. Yamal LNG is the first LNG development venture in the Arctic, and is one of the largest LNG projects in the world…
Subsea Expo 2015 has issued its call for speakers. The conference, organizer Subsea UK’s flagship event, will be held at the Aberdeen Exhibition and Conference Centre during 11-13 February 2015. Speakers subjects have been announced,…
Iona Energy UK Ltd. finalized agreements with CNR International Ltd. for the off-take arrangements for the Orlando field development located in the UK northern North Sea. Map of the Orlando and Kells developments…
Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…