Dubai-based Dragon Oil plc has leased two LeTourneau S116E jackup rigs from BKE Shelf Ltd to use in its Cheleken Contract Area, offshore Turkmenistan. The Neptune and Mercury have been contracted for a period totaling three years. Neptune…
Business Monitor (BM) released its latest findings on Nigeria’s volatile oil and gas sector from its newly-published Nigerian Oil and Gas Report. The report notes that Nigeria's hydrocarbon sector continues to struggle amid a worsening political and business environment…
Premier and Rockhopper Exploration plc have signed a heads of agreement with Falkland Oil and Gas Limited (FOGL) to farm-in to licences PL004a and PL004c, conditional on the completion of this morning’s announced combination of FOGL and Desire Petroleum plc…
Availon, a leading wind farm service provider, announced that it was awarded a complete maintenance contract for Vattenfall’s 12MW Jänschwalde wind farm, located near Cottbus in the German federal state of Brandenburg. Availon was already…
Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…
The Switch, supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications, and Yaskawa Electric Corp., a global manufacturer of servomotors, controllers, inverters…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
GE Oil & Gas won a contract to provide turbomachinery equipment for the Yamal liquefied natural gas (LNG) megaproject under development on the Yamal Peninsula in Russia’s northern Siberia region. GE will supply six Frame 7E gas turbines…
Lundin Norway AS confirmed a significant oil find in its Ghota discovery following the completion of a successful flow test of exploration well 7120/1-3, which proved gas flow at a rate of approximately 4,300 b/d. The test showed good production…
BG Group successfully completed a drill-stem test in the Pweza gas field in block 4 off southern Tanzania. The Pweza-3 appraisal was drilled approximately 2km north of the original Pweza discovery well by the Deepsea Metro-1 drillship in 1400m of water…
Cameron was awarded the contract to supply SBM Offshore with gas processing packages for floating production, storage & offloading (FPSO) vessels to be used at the Lula field, located in Brazil’s offshore pre-salt area. The FPSOs, Cidade de Maricá and Cidade de Saquarema…
Petrobras awarded Prysmian Group a contract worth approximately US$260 million for umbilicals. The award is related to a previous frame agreement covering 360km of umbilicals, most of it to be used in pre-salt fields. The contract comes…
Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…
Chevron Corporation today announced that its Australian subsidiaries have signed binding long-term sales and purchase agreements (SPAs) with Tohoku Electric Power Company, Inc. to supply LNG from the Chevron-operated Wheatstone Project in Western Australia…
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