Offshore Regions News - page 1227

 

VAALCO appoints new CFO

Apr 18, 2017

VAALCO Energy has appointed Phil Patman as chief financial officer (CFO) effective 17 April 2017. Patman has over 20 years of experience in the oil, gas and other areas of the energy industry in key roles including finance, business development…

Bristow Helicopters gets Apache contract

Apr 18, 2017

Bristow Helicopters Ltd. has secured a new contract with Apache North Sea Ltd. to support its North Sea operations. The contract which has a five-year primary term, with further extension options, will commence on 1 September 2017.  Aircraft…

Douglas Brooks appointed Energy XXI CEO

Apr 18, 2017

Energy XXI Gulf Coast (EGC) has appointed Douglas E. Brooks as chief executive officer and president effective 17 April 2017. The EGC board concurrently increased the size of the board from six to seven directors and named Brooks to fill the newly-created directorship…

CNOOC CEO resigns

Apr 18, 2017

CNOOC CEO Yang Hua has resigned from his position effective today (18 April), with Yuan Guanguy taking the reigns. Yang, who was only CEO for less than one year at the company, will stay on as the chairman of the board. Yang was promoted…

Galoc JV to drill sidetrack off Philippines

Apr 18, 2017

The Galoc joint venture is moving to drill a sidetrack well, following inconclusive results at the Galoc-7 well in the Palawan basin, offshore Philippines. Nido Petroleum says that the Deepsea Metro I drillship reached total depth of 2373m at the Galoc-7 well…

Solstad hires Normand Cutter

Apr 18, 2017

Solstad Offshore (SOFF) signed a four-year frame agreement with Saipem (Portugal) Comercio Maritime for the Normand Cutter construction support vessel (CSV). Through this deal, Saipem can utilize the Normand Cutter to support their subsea…

TechnipFMC, Tenaris SURF Moho Nord

Apr 18, 2017

Tenaris and TechnipFMC teamed up to take on Total’s Moho Nord project, offshore the Republic of Congo. Image of Moho Nord A, from Tenaris. Tenaris provided TechnipFMC with a complete package of offshore line pipe solutions…

Repsol increases Vietnamese field stake

Apr 18, 2017

Pan Pacific Petroleum has agreed to sell its 5% interest in Block 07/03 in the Nam Con Son Basin in the South China Sea, to Spain's Repsol for US$5 million. Block 07/03, operated by Talisman (part of Repsol), includes the Cá Rồng Đỏ (CRD)…

MMHE wins Bokor Phase 3 platform contract

Apr 18, 2017

Malaysia Marine and Heavy Engineering has been awarded an engineering, procurement, construction, installation and commissioning of central processing platform (CPP) for Petronas' Bokor Phase 3 re-development, offshore Malaysia. The first…

UPDATED: Court halts Petrobras-Statoil Carcará sale

Apr 17, 2017

A federal court in Brazil has suspended the transfer of Petrobras' stake in the BM-S-8 exploration block, which contains the Carcará field, to Norway's Statoil, and exploration of the field, until further deliberation, the Brazilian state-owned firm announced Monday (17 April)…

China opens 22 blocks in 2017

Apr 17, 2017

China’s CNOOC is opening 22 blocks for bids to foreign companies this year. Map of the 22 open blocks, from CNOOC. The 22 blocks cover an area of 47,270sq km, and are available for cooperation between CNOOC and foreign companies…

ABS to open new Houston facility

Apr 17, 2017

ABS has broken ground on its new global headquarters in the Houston area. Image from ABS. In the CityPlace 2 development, the new headquarters will be located near the intersection of I-45 and the Grand Parkway in Houston…

Alaska opens 2017 bid rounds

Apr 17, 2017

The Alaska Department of Natural Resources, Division of Oil and Gas has opened its Alaska Peninsula Areawide 2017 (APA 2017) and the Cook Inlet Areawide 2017W (CIA 2017W) oil and gas lease sales.  The Alaska Peninsula Areawide lease sale covers about 4 million gross onshore acres and 1…

EC-OG's power hub produces

Apr 17, 2017

EC-OG switched on the Subsea Power Hub (SPH) for the first time yesterday (13/04). The ocean current energy conversion system was successfully installed Friday, 14 April, and is now fully operational. The unit, which is being tested at EMEC’s Shapinsay sound test site…

Rex eyes 2019 Rolvsnes test production

Apr 17, 2017

Test production from the Rolvsnes or Edvard Grieg South (EGS) discovery offshore Norway is expected to start in 2019, according to Rex International Holding, which holds a 30% stake in the license through subsidiary Lime Petroleum.  Map of PL338C…

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