Offshore Regions News - page 1564


Ithaca spends $170m on assets

Jun 23, 2014

UK-based exploration and production firm Ithaca Energy has agreed to buy non-operated stakes in three producing fields from Sumitomo Corporation.  The deal, worth about US$170 million, will see Ithaca take a further 20% interest in the Shell-operated central North Sea Cook field…

Thai ROV partnership launched

Jun 23, 2014

Thailand's PTT Exploration and Production Public Company (PTTEP) has agreed a partnership to develop ROVs to be used for marine environmental studies, as part of oil and gas exploration activities.  The cooperation marks the first time…

First steel cut on Caspian vessels

Jun 23, 2014

First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…

Lundin spuds Luno appraisal

Jun 23, 2014

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), is pleased to announce that drilling of appraisal well 16/4- 8 S on the Luno II discovery has started. The Luno II discovery…

Institute appoints director

Jun 23, 2014

Paul de Leeuw, a visiting Professor at Aberdeen Business School, has been appointed as the first director of Robert Gordon University’s International Institute for Oil and Gas.  With extensive experience in the oil and gas industry Professor de Leeuw will take up his new role in July…

US House debates LNG export bill

Jun 20, 2014

Updated 26 June The US House of Representatives passed bill HR6, the Domestic Prosperity and Global Freedom Act on 24 June, after debates held this week. The House Energy & Commerce (E&C) committee approved HR 6, authored and sponsored by Rep…

Bonaparte may not be FLNG

Jun 20, 2014

Santos (40%) and GDF SUEZ (60% and operator) have said that the Bonaparte LNG project partners will consider other potential development options, in addition to the floating LNG concept, to develop the Petrel, Tern and Frigate natural gas fields…

ONS Award nominees announced

Jun 20, 2014

The nominees for the 2014 ONS Innovation Awards have been announced. According to ONS, whose 2014 theme is 'Changes,' the jury has evaluated all of the applications for the ONS Innovation Awards. The award will be presented in two different…

Ramboll inks Culzean jacket project

Jun 20, 2014

Maersk Oil UK has awarded Denmark's Ramboll Oil & Gas the detailed design for the Culzean wellhead jacket. The project will be Ramboll’s first major involvement in the Culzean field, and it also marks the largest substructure design by Ramboll for the North Sea…

BG awards Tanzania pre-FEED study

Jun 20, 2014

Genesis Oil & Gas consultants has been awarded an upstream concept select study by BG Group, as operator of Blocks 1, 3, and 4, offshore Tanzania. Genesis' scope of work includes considering the upstream facilities required to develop large discoveries made in the three blocks…

JV launched for Arctic seismic

Jun 20, 2014

Geoscience firm CGG and Russia's Sovcomflot have agreed to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE)…

Lamprell wins Upper Zakum module job

Jun 20, 2014

Dubai based oil and gas engineering and fabrication firm Lamprell has been contracted by Petrofac Emirates to fabricate 29 modules for the Upper Zakum artificial island field development being developed by the Zakum Development Company, part of Abu Dhabi Oil Company (ADNOC)…

Irish Atlantic Round launched

Jun 20, 2014

Ireland’s Government has launched the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round and a new offshore oil and gas production taxation regime, including an increase in the top tax rate.  The new round, which will close September 2015…

Dry wells offshore Norway

Jun 20, 2014

Two dry exploration well results have been announced offshore Norway.  The Norwegian Petroleum Directorate said the Statoil Petroleum operated wildcat well 7324/2-1, 'Apollo,' which was the first well in production licence (PL)615…

A new future for managing environmental issues

Jun 20, 2014

Figure 1: The Cygnus field is the sixth largest gas field in the southern North Sea and the largest to be discovered in the last 25 years within the southern North Sea gas basin.Image from GDF Suez. A…

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