Russian gas giant Gapzrom is to work with state-owned RUSNANO, a nanotechnology technology commercialization outfit, to develop new technologies and help substitute imported products into Gazprom's production facilities. The firm has also signed agreements with Russian pipe manufacturers…
Dutch contractor Van Oord’s flexible fallpipe vessel Stornes has set a world record. During a period of four weeks, Stornes, built at CIMC Raffles, placed rock in water depths of up to 1277m. The subsea rock installation works were executed…
Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with an international oil company worth US1.8 million for the provision of 3D EM data from a portion of the EMGS' multi-client data library in Foz do Amazonas in Brazil…
First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…
A heads of agreement (HOA) was signed between Golar LNG, Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon to develop a floating liquefied natural gas (FLNG) export project located 20km off the coast of Cameroon that will use Golar's floating liquefaction technology (GoFLNG)…
Orwell Offshore and FES International have landed a multi-million dollar contract from TH Heavy Engineering Berhad for the supply of an external turret system for the FPSO Layang. The combined contract value is estimated at US$40 million…
Moroccon authorities have approved a farm-in deal between London based exploration minnow Chariot Oil & Gas and Australia's Woodside on the Rabat Deep Offshore permits I-VI. Woodside is committed to pay 100% of the 3D seismic acquisition…
Australian explorer Cooper Energy said while it still intends to divest its Tunisian portfolio, the exit may take longer than expected. Cooper Energy originally announced plans to divest its Tunisian assets in June 2013 in order to focus on its Australian assets…
The Israel Anti-trust Authority advised Noble Energy and its Leviathan field partners of its decision to not submit the Consent Decree to the Anti-trust Tribunal for final approval. Maps from Noble. Noble…
BPZ Energy completed the Corvina CX15-14D development well offshore Peru. Block Z-1 map. From BPZ. The CX15-14D well is located in Block Z-1 and is to the west of the six previously drilled CX-15 wells…
African Petroleum signed a non-binding term sheet agreement with a private London-based independent oil and gas company to farm-in to African Petroleum’s 100% owned Liberian LB-08 license. LB-08 is situated in a highly prospective region offshore Liberia…
KBC Advanced Technologies won a US$5 million seven-year contract with a major European based oil field services company for the licensing of KBC’s upstream simulation portfolio. This contract covers Maximus, Multiflash and Petro-SIM for…
BG Group is selling two modern tri-fuel diesel electric (TFDE) LNG carriers to GasLog for US$460 million, a deal that will help the company pay down its debt. Methane Becki Anne. From BG Group. The…
Norwegian oil exploration firm North Energy has launched a strategic review after being approached over potential strategic opportunities as market conditions remain difficult. The firm says the continued low oil price presents challenges…
Swedish exploration and production firm Lundin Petroleum says it has made a sub-commercial discovery on the Storm prospect, offshore Norway. The Storm wildcat well 33/2-1 on production license 555 was drilled 200km northwest of Florø…
