Tullow Oil’s TEN project is more than 85% complete and is set for production start-up between July and August 2016, which will help the company drive further reductions in operating costs and capital expenditure. Image from Tullow…
Two Israeli firms are eying a multi-trillion cubic feet deepwater gas field offshore Israel. According to a resource report by Netherland, Sewell & Associates, the Og field lower sand contains 8.84 Tcf best estimate, unrisked gross prospective…
Suncor Energy's latest exploration well close to to the Balder field has been classified as dry by the Norwegian Petroleum Directorate. Exploration well 25/10-14 S was drilled on production license 571 near the Balder field offshore Norway…
Aqualis Offshore opens an office in Kuala Lumpur, Malaysia. The Kuala Lumpur office will offer the group’s full range of services with support from other group offices. However, its initial focus will be on transportation and installation…
Nexans has been awarded the contract to deliver 48km of static umbilicals to BP, and partner DEA, for the West Nile Delta Taurus Libra project in Egypt. The Taurus Libra development is a subsea project tied in to existing BG Group operated Burullus facilities…
Seadrill is keeping with its cost management program in part by delaying newbuilds, but still experienced a 7.8% decrease in revenue in 2Q 2015. The West Vela. From Seadrill. Currently…
Image: Jascon 31/Sea Truck Group Sea Trucks Group has won a charter for the Jascon 31 in the Gulf of Mexico. The DP3 accommodation construction vessel will start sailing soon from West Africa to the Gulf of Mexico…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
BG Group began production at the Knarr field in the North Sea, seven years after its discovery. In this video, BG Group takes you to the process to get to this month, where its first floating vessel development is expected to deliver vital resources to the European energy market…
BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
Singapore-based offshore construction and support services firm Swiber Holdings has made its first foray into the offshore oil and gas market in West Africa. The firm has secured an award from a Houston-based oil and gas company to provide engineering…
Esso Angolato selected BMT Scientific Marine Services, a subsidiary of the BMT Group, to provide maintenance services for systems installed on the two Kizomba tension leg platforms (TLP) offshore Angola. BMT previously installed integrated…
Total E&P UK has picked Technip to perform work on the West of Shetland Edradour subsea development. The development will form part of a new West of Shetland hub, taking in the Laggan-Tormore, Edradour, and Glenlivit fields, all…
Norway's Vard Holdings Ltd. has secured a new contract with Island Offshore to build an offshore support vessel based on a Rolls-Royce design. The contract value is more than NOK1 billion (US$167.7 million). Delivery is scheduled from Vard Brevik in Norway in 2Q 2016…
SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…
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