Fluor Corp. and Stork has announced that Fluor has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100% of Stork Holding B.V., based in the Netherlands, for an investment of approximately US$755 million (€695 million)…
Electromagnetic Geoservices (EMGS) has announced that the company has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the multi-client data library over the Foz de Amazonas and Ceara basin in Brazil worth a total of US$ 4.1 million.
Seatronics completed a project with marine services organization Meridian Ocean Services in Mexico to inspect and chart existing pipelines along the coast of Ciudad Del Carmen, which required a full survey equipment spread utilizing a Forum Comanche ROV…
Image from iStock. African Petroleum's wholly-owned subsidiary European Hydrocarbons Ltd. (EHL) entered into the first extension period on the SL-03 license, offshore Sierra Leone. The…
Image: MORGRIP mechanical connector/Hydratight Hydratight has won a pipeline connector order from Subsea 7 to support their Emergency Pipeline Repair System (EPRS) project in Australia…
North Energy has signed a sale and purchase agreement with Lime Petroleum Norway, whereby North Energy sells its 10% interest in production license (PL) 707 to Lime. This transaction forms part of North Energy's current strategic process…
Accredited well control training provider, Well Control School (WCS), has relocated its training center in Lafayette, Louisiana to 425 Settlers Trace Boulevard. WCS will hold its first classes in the new center on 30 November, 2015. The…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
The ABS-classed Seajacks Scylla, a wind farm installation and offshore construction vessel, has been delivered by the Samsung Heavy Industries (SHI) Shipyard in Geoje, Republic of Korea. 'The cooperation among Seajacks, ABS and SHI was vital to the success of this newbuild effort…
Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
Image: map of Mauritania block C-10/Sterling Energy Sterling Energy has announced that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary…
Det norske oljeselskap has, on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund), awarded an agreement to Transocean Offshore for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
Carnarvon Petroleum has announced that operator Quadrant Energy has spud the Roc-1 well on 24 November 2015. Drilling is expected to reach 4700m total depth, and take about 35-40 days trouble free. Well logging and sidewall coring is expected to take about 5-10 days on success case…
Penspen has been awarded a contract from Sirius Group to conduct an engineering study for the monetization of gas reserves from oilfields offshore Niger Delta. A key element of this agreement is the development of gas reserves of the OML 122 field…