Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi.The US$500 million competitively…
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…
South Australia's Beach Energy Ltd. discussed the results of its 2012 inland offshore exploration program in western Tanzania in an investor presentation last month. Wholly owned subsidiary Beach Petroleum (Tanzania) Ltd. holds 100% interest…
ONGC Videsh Ltd. finalized a US$1 billion purchase of Hess Corp.'s 2.72% stake in the Azeri, Chirag, and Guneshli fields (ACG), and Hess' 2.36% stake in the associated Baku-Tbilisi-Ceyhan (BTC) pipeline, both companies announced the closing on April 1…
Production from the Tamar field offshore Israel started at the weekend, it has been reported.Tamar field (Image: Delek)The gas from the field 80km offshore Haifa was expected to reach Israel’s port city of Ashdod by yesterday afternoon, Israel's Energy and Water Ministry said…
Aberdeen-based XPD8 Solutions has reported a strong start to 2013 after its condition monitoring team secured work worth more than £2 million and announced plans to expand its workforce.The company, which specialises in the management of maintenance systems for oil and gas producing assets…
Irish media have reported that Exxon Mobil was due to start exploration drilling offshore the country's coast this weekend.Eirik Raude (Image: Ocean Rig)The Irish Examiner said the $140m drilling programme was due to start today (Saturday) with daily rates at an estimated $1million…
Fallon to replace outgoing minister John Hayes Michael Fallon MP (Image: DECC)The UK Department of Energy and Climate Change appointed Michael Fallon its new energy minister replacing outgoing minister John Hayes, who will now serve as Minister of State without portfolio in the Cabinet office…
Premier Oil plc awarded Bond Offshore Helicopters Ltd a new contract to provide crew change flights.S-92 model (Image: Sikorsky)The contract is for three years with options to extend. Services began on March 4 with Bond's new Sikorsky S-92 aircraft…
Petrobras announced that in February 2013 total production of oil and natural gas in Brazil reached 2,316 thousand boe/d. Including the share operated by the company for its partners, total volume produced was 2,414 thousand boe/d, This volume corresponds to a 2…
SPIE Oil & Gas Services has announced the signing of a Joint Development Agreement with PetroSkills LLC.This agreement will allow SPIE Oil & Gas Services to enhance its worldwide competency development programs.PetroSkills LLC a worldwide training and development company has over 280 instructors…
IHC Winches, part of IHC Merwede, has officially presented its 50-tonne fibre rope traction winch, known as IDsis, to the Dutch and Belgian offshore markets. The presentation on 20 March was attended by a large group of lifting specialists,…
A year after taking delivery of its last Bourbon Liberty 200 vessel and 1st Bourbon Liberty 300 vessel, Bourbon has extended its range of services with the Bourbon Liberty 151, the very first vessel in a series of 15 next generation PSVs.PSV…
Pacific Rubiales Energy Corp. opted to acquire a 35% interest in Block S-M-1166 held by Karoon Gas Australia Ltd. through the funding and participation in the Bilby-1 exploration well, in the Santos Basin off Brazil.Click to view larger…
Hyundai Heavy Industries (HHI) received a letter of award for a US$1.3 billion order for a floating production unit (FPU) and a US$700 million order for a tension leg platform (TLP) from Total E&P Congo, the company announced on 26 March 2013…
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