SOCO EPC, operator of the Marine XI Block offshore the Republic of Congo (Brazzaville), has successfully completed testing the exploration well Lidongo X Marine 101 ST1 well (LXM-101). The well 'significantly exceeded' pre-test expectations…
Petrex supported the CNR International's Subsea Project Team during the installation of a multiphase booster pump (MPBP) at the Lyell subsea field in the North Sea. Petrex acted as the CNR International interface for the day-to-day project management of the MPBP vendor…
SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…
An international arbitration panel has awarded ExxonMobil US$1.6 billion for Venezuelan assets seized in 2007. The World Bank's International Centre for Settlement of Investment Disputes (ICSID) decided unanimously that Venezuela has to pay damages to oil company ExxonMobil totaling $1…
Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659…
OceanWorks International has taken delivery of its third node pod from CSnet for refurbishment and upgrade. CSnet's OCB subsea infrastructure, including five seafloor nodes that form the existing seafloor observatory portion of the system…
Norway-based Uptime International has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion-compensated gangways. The first of these three gangways will be mounted early 2015…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
SOCO International announced the Lidongo X Marine-101 (LXM-101) exploration well spud in the Marine XI Block, located in the Congo Basin, offshore the Republic of Congo. The LXM-101 well is located 23km north west of Pointe Noire in a…
SKF has been selected to deliver Nautilus bearings for Dongfang Electric New Energy Equipment (Hangzhou) Co Ltd.’s first order of wind turbines outside China. Dongfang Electric New Energy Equipment is a leading manufacturer of wind turbines to a broad range of customers in China…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Norway's DNO International AS has completed a farm-in by its wholly-owned subsidiary DNO Tunisia AS to the Sfax Offshore Exploration Permit and the Ras El Besh Concession in the Republic of Tunisia. The agreement, with Eurogas International Inc…
BlueFire Equipment Corp rolled out its new premium steel bit line. The product will be available alongside the matrix PDC bits, and offers the opportunity of more cost savings for its customers. “During the process of developing our first made-to-order product for the international sector…
Offshore accommodation services provider OOS International BV secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras. The vessels are scheduled to be delivered early 2014. The…
IKM Consultants is to provide multi-discipline personnel to Statoil's international operations and projects over the next 2.5 years under a new frame agreement with the Norwegian operator. This frame agreement started December 15, and includes an option for two…
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