Maersk Drilling received a contract extension for its newbuild ultra-harsh environment jackup XL Enhanced 2 from Det norske oljeselskap ASA. The two-year extension allows the jackup to service the Ivar Aasen project for a total of five years…
BHP Billiton finalized a sale of its interests in the East and West Browse Joint Ventures off Australia that was previously announced in December. The company will receive US$1.63 billion from PetroChina International Investment (Australia)…
South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
Christophe Barnini has been appointed as Senior Vice President, group communications for CGG. Barnini will report to Jean-Georges Malcor, CEO of CGG, and has become a permanent member of CGG’s management committee. This appointment took effect on 15th May 2013…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement…
Chevron Corporation announced Jeff Shellebarger as the new president of Chevron North America Exploration and Production Company, beginning August 1, 2013. Shellebarger will succeed Gary Luquette, who will retire after working with the company for 35 years…
Statoil announced it will delay an investment decision on its Johan Castberg project in the Norwegian Barents Sea due to unease regarding recent move by the Norwegian government to increase taxes on oil and gas producers. In addition to the tax rise…
ExxonMobil handed Technip a contract for the development of the Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 km of 10…
GE’s Power Conversion business was awarded a contract by the Eastern Shipbuilding Group in Panama City, Fl. The contract entails GE supplying integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12…
International energy consultancy Xodus Group has secured two contracts from Abu Dhabi-based Valentine Maritime (Gulf) L.L.C. The first is for the design of new subsea pipelines in the Arabian Gulf. This will be the Xodus Group’s first subsea project from its rapidly growing team in Dubai…
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Co. Ltd., a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR)…
Lundin Petroleum is to update its reserves estimates on the giant Johan Sverdrup field offshore Norway after its latest appraisal well completed. Lundin says the latest well on the find, 16/2-21 located in PL501, had been a success finding…
Exxon Mobil has taken an addition 6% stake in an exploration licence offshore the Faroe Islands. The deal, with Faroese explorer Atlantic Petroleum, will see Exxon's stake in Licence L016 increase to 26%. The move was followed by…
Norwegian oil and gas company DNO International is increasing its acreage offshore Tunisia and plans to drill next year. Through its subsidiary DNO Tunisia AS, the firm has entered a farm-in agreement on the Sfax offshore exploration permit and the Ras El Besh concession…
Ten bodies have been recovered during a rescue operation off the coast of Nigeria after a tugboat contracted by Chevron sank on May 26, 2013. According to Chevron, the Jascon-4 capsized and sank while supporting a tanker loading at SBM 3…
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