DSME signed a contract on 25th June with Atwood Oceanics, a USA based ocean drilling company, for the construction of one drillship. This is the option of last year’s contract with a value of about US$570 million USD and it will be delivered at the end of 2015…
AGR Enhanced Drilling, entered into a NOK120m (USD20m) Letter of Intent (LOI) with Statoil to deliver an EC-Drill® managed pressure drilling (MPD) system. The EC-Drill® system combines control system capability, enhanced riser integration and multiple other features…
ION Geophysical Corp. established a GX Technology (GXT) seismic data processing center in Perth, to serve the needs of oil & gas companies in Australia and throughout the Asia-Pacific region. The new center is staffed with experienced geoscience…
The US Bureau of Safety and Environmental Enforcement (BSEE) approved Walter Oil & Gas Corp.’s permit application to drill a relief well at South Timbalier 220 in the US Gulf of Mexico, using the Rowan EXL-3 jack-up rig. The well is expected to be drilled on Thursday…
DONG Energy has made a gas discovery north-west of Shetland after a two-well exploration campaign through 2012-13. DONG said the Cragganmore exploration well, in Block 208/17, had been confirmed as a gas discovery. The well was drilled using the West Navigator drillship in 673m water…
Engineering services firm Wood Group PSN has been contracted to carry out engineering studies on a plan to deploy a production buoy facility design in the UK North Sea. Under the contract with ABTechnology (ABT), the firm behind the production buoy design…
Mediterranean Oil & Gas has increased its holdings offshore Malta after acquiring a 40% working interest in the Area 3 Exploration Study Agreement (ESA). The agreement covers blocks Blocks 1, 2 and 3 and is in partnership with Cairn Energy subsidiary Capricorn Malta…
Alaska’s Lt. Governor Mead Treadwell stated the case for Alaska’s key needs at the Ice-diminished Arctic Conference in Washington, D.C. earlier this month. Treadwell reminded the attendees that the Arctic has held strategic importance for…
Newly formed subsea business OneSubsea has picked up a major contract with Chevron on its deepwater west of Shetland Rosebank development. OneSubsea, a joint venture between Schlumberger and Cameron, is to provide the subsea equipment on the 240MM boe recoverable Rosebank development…
Houston-based BassDrill Ltd. is changing its name to Atlantica Tender Drilling Ltd. This change is part of a larger rebranding effort designed to reflect the growing strength of the company. “Atlantica is the name given to an ancient…
Hallin Marine, a Superior Energy Services company, announced the receipt of a project off the northwest coast of Java. It centers on the installation of new control taps and a bypass for the main pipeline, which supplies 60% of Jakarta's gas requirements…
Tritech has been awarded a contract for its real-time riser and mooring line monitoring system RAMS. Following a competitive and detailed bidding process, the firm's system was selected by Single Buoy Moorings (SBM), designer and supplier of turret mooring systems (TMS)…
SBM Offshore was contracted by Shell to supply an FPSO for the Stones development project in the Gulf of Mexico. The contract, valued at about US $1 billion, includes an initial period of 10 years with future extension options up to 20 years…
The North Caspian Operating Company B.V. (NCOC) announced the introduction of sweet gas into the offshore facilities on the artificial D Island and the lighting of the flare, a further major milestone in the start-up of the Kashagan oilfield…
SOCO Intertnational spud LDKEM-1, an exploration well on the Lideka East Marine prospect. The well will test the potential of a post-salt structure of the Sendji formation in the Lower Congo Basin, off Pointe Noire, Congo, in the Marine XI license…
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