Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…
Mediterranean Shipping Company (MSC) launched its newest vessel, the MSC Oscar. The MSC Oscar. From MSC. The MSC Oscar has a 19,224 TEU capacity and is the largest container vessel ever built in regards to TEU capacity…
Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel. The Libra oil field is a large…
Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni. Blocks…
AVEVA opened a new office in Saudi Arabia to strengthen its presence in the Middle East and further enhance its growing global network. The office will offer sales and support for all of AVEVA’s solutions and services, with particular focus on owner operators (OOs) and engineering…
Mexico’s Cotemar S.A. De C.V. took delivery of its new emisubmersible vessel from Cosco (Nantong) Shipyard Co. The vessel, Neptuno, measures 91m in length, 67m in breadth and 27.5m in depth.
Hydrocarb Energy Corp. is preparing to issue request for proposals to four seismic acquisition contractors to complete a 750km 2D seismic program on its 21,300sq km Owambo basin concession in northern Namibia. The concession comprises Blocks 1714A…
Italy's Edison is to acquire Apache Beryl I's assets in license P185 Block 15/22 in the UK Central North Sea, including non-operated stakes in the Scott (10.5%) and Telford (15.7%) fields. This deal, which is subject to customary closing conditions…
Instrumentation, monitoring, control and handling systems firm EFC Group has completed a £1.3million {$2.2million} contract to design and build a BOP and diverter control system for China based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore)…
Independent oil firm Premier Oil is sticking to an eight-well exploration campaign in 2015, including its four-well campaign in the Falkland Islands, due to start in March, and its first well in the emerging Mandal High play offshore Norway…
Statoil’s request to drill at Knappen prospect in the central North Sea has been granted approval from the Petroleum Safety Authority of Norway (PSA). Drillng is scheduled to begin next month at well 16/7-11 using the Songa Trym semisubmersible drilling facility…
In a year during which the oil price remained stable at circa US$100 per barrel until the last quarter when a significant collapse in commodity price began, activity levels in both the UK and Norwegian sectors have continued to show a distinct divergence…
Hess awarded Enbridge a contract to build, own, and operate a lateral pipeline estimated at US$130 million, to connect the Stampede development to an existing third-party pipeline system in the Gulf of Mexico. Gulf of Mexico platform…
Statoil shows the process of getting its US$2.9 billion Valemon field on stream. The high-pressure, high-temperature, gas and condensate development, located in the Norwegian sector of the North Sea, started production on 3 January…
UK North Sea industry body Oil & Gas UK has said called on the UK Government to abolish a 30% charge on oil and gas producers as oil fell to its lowest prices in nearly six years. The body says oil and gas producers in the basin are unable to cover their costs at US$50 a barrel…
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