Belgium's Exmar and Canada's Pacific Rubiales Energy (PRE), through its wholly-owned affiliate Pacific Midstream Holding, announced the ordering of a barge-based floating LNG regasification unit under a 50/50 joint venture. The unit will…
Fugro and CGG's joint venture business Seabed Geosolutions has won a US$70 million contract to carry out a major ocean bottom cable (OBC) contract for PETRONAS Carigali in Malaysia on the Temana and D18 fields. The project will start at the end of Q1 2014…
FKAB China has won a design order from Shanghai Zhenhua Heavy Industry's (ZPMC) shipping arm for conversion of a 15-year-old afrmax tanker to a semisubmersible heavy lift vessel. After conversion, the heavy lift vessel will be able to transport container cranes…
Octanex N.L., an Australian exploration company, announced Thursday that it has been advised by OMV New Zealand Ltd., the operator of offshore Taranaki Basin permit PEP 51906, that the new Kaka 3D seismic survey has been successfully acquired within and adjacent to the Permit…
Bad weather has slowed work to replace riser sections damaged when an FPSO came off station. The Rubicon Vantage FPSO drifted into an exclusion zone designed to protect the Bualuang oil field production infrastructure in the Gulf of Thailand in bad weather…
Petroleum Geophysical Services ASA (PGS) has launched its second Ramform Titan class vessel, the Ramform Atlas, at a naming ceremony in Nagasaki, Japan today. The vessel will typically tow a network of several hundred thousand recording sensors over an area greater than 12sq km…
Maersk Drilling’s second and third ultra-deepwater drillships were named this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer…
Singapore-based Ezra Holdings has said it is considering listing its subsea services division EMAS AMC in the US and has appointed J.P. Morgan Ltd. as an advisor. Ezra said it was looking at strategic options, to increase its international profile and position of EMAS AMC…
Petronas awards integrated contracts Petroliam Nasional Berhad (PETRONAS) has announced a new gas discovery offshore Malaysia and the award of a three-year integrated offshore installation contract. PETRONAS awarded its Pan Malaysia Integrated…
Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round. The licensing round offers 30 offshore areas, including 19 deepwater blocks. These blocks are predominantly in the Rakhine Offshore Area (12 blocks)…
PTTEP and Pertamina agreed to form a 50:50 joint venture to buy Hess’ assets offshore Indonesia for US$1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
Shell’s Prelude floating liquefied natural gas (FLNG) facility floated out of the dry dock at Geoje, South Korea’s Samsung Heavy Industries yard, where the facility is currently under construction. Upon completion, Prelude FLNG will be the largest-ever floating facility…
The Shah Deniz gas field consortium in Azerbaijan will proceed with stage 2 development of the Caspian Sea field, opening its sources to Europe. Stage 2 includes offshore drilling and completion of 26 subsea wells, the construction of two bridge-linked platforms…
Italy’s Eni signed a string of agreements with Russian operators and a research institution. The first is a memorandum of understanding (MOU) between Eni and Novatek, which sees the two firms agreeing to future cooperation in offshore projects in the Mediterranean Sea…
Fugro’s wholly-acquired Advanced Geomechanics Pty Ltd. (AG) will become part of its global geoconsultancy practice.The nearly 20-year-old, Perth- based AG provides geotechnical and geophysical engineering and consulting services, and partnered with companies including Woodside…