Occidental Petroleum Corp. of Qatar (Oxy Qatar), and Qatar Petroleum signed a deal on the Phase 5 field development plan (FDP) regarding the Idd El Shargi North Dome (ISND) offshore Qatar. Both companies plan to maintain the field’s output of about 100…
Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation…
ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries. Reservoir operates five segments: Coring…
Using multiple work centers and close project management, L&T delivered the MNP jacket on schedule. Larsen & Toubro (L&T), India was awarded the Mumbai High North (MHN) process platform, living quarters, and process gas compressor module project by ONGC…
London-based Premier Oil plc announced it will sell its 100% stake in subsidiary Premier Oil Vietnam South BV (POVS) for a consideration of US$100 million. POVS holds 30% interest in Block 07/03 off Vietnam, which is located in the Nam Con Son Basin…
Shell’s largest tension leg platform began its trek from the Kiewett Offshore Services yard in Ingleside, Texas to Shell’s Mars field in the Gulf of Mexico over the weekend of July 13, 2013. The Olympus, a 120,000-ton, 406 ft-high platform is being transported by tugboats…
BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Mexican drilling company Grupo R awarded Keppel Offshore & Marine subsidiary Keppel FELS a construction contract worth US$206 million for a newbuild jackup rig. The KFELS B Class design jackup is scheduled for delivery in 4Q 2015. Keppel…
Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…
About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…
BSEE confirmed on July 12 that Energy Resource Technology, LLC (ERT) stopped the flow of natural gas from well No. 2 at Ship Shoal Block 225, Platform B. The flow from the well, located approximately 74 miles southwest of Port Fourchon, Louisana…
Omega has entered into a seven-figure deal with Calgary-based well installation services provider Planet Services Inc., which will see its eight staff join the Omega team and become part of the Reservoir Group club. Omega has developed…
Seadrill Ltd. (Seadrill) secured a contract for the LT-Super 116E jack-up rig, West Freedom, offshore Venezuela with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture. The contract is for a period of 30 months plus an option for a 6 month extension at mutually agreed rates…
Petronas Carigali, E&P subsidiary of Malaysia’s national oil company, extended the contract for the jack-up Maersk Convincer by one year. The rig will be on contract with Petronas until mid-November 2014. As part of the drilling campaign offshore Malaysia…