Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
Lundin Petroleum has made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km north west of the Snøhvit field, found a 75m oil column beneath a 25m gas/condensate cap in dolomitized and karstified carbonate in a Permian target…
Seatronics do Brazil, an Acteon company, has been appointed as the exclusive distributor for CodaOctopus Ltd in Brazil, a decision that will widen the portfolio of specialist subsea marine equipment that it can now offer to the Brazilian market…
Centrica Energy is to extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on the Centrica-operated Chestnut field, north east of Aberdeen, in the central North Sea since 2008…
BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands. The company says the well…
Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium, harsh-environment jackup rigs. The rig is contracted to work for Nexen in the North Sea beginning in the 4Q 2013 at a day rate of about US$230,000 plus cost adjustments…
Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning…
SPE Offshore Europe 2013 in Aberdeen has celebrated its 40th birthday by staging its biggest and best conference and exhibition to date. This year’s theme was “The Next 50 Years”, representing the continuing success story of the industry in terms of future production and the strong supply chain…
Wärtsilä, was awarded a contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, Norway-based provider of marine services to the industry…
FAR Ltd. (“FAR”) completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…
Ocean Installer has been awarded a SURF (subsea structures, umbilicals, risers, flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian continental shelf (NCS). The total contract value is about US$55million…
More needs to be done to attract new talent into the industry, says Patrick Phelan, managing director of Aquaterra Energy, and a member of the Oil and Gas Industry Council. The council, set up earlier this year, recently helped develop the UK Government’s Industrial Strategy…
Jim House, chairman of today’s (Friday) SPE Offshore Europe keynote session Oil & Gas Skills – Your Future Today, and region VP and MD Apache North Sea, gave us his views on the industry’s skills challenge. Q. What is the biggest skills challenge facing the industry…
Robert Gordon University (RGU) and Russian oilfield educational and engineering services company OILTEAM yesterday announced a partnership worth more than £1.2 million to train the next generation of Russia’s offshore energy professionals…