The Skarfjell oil discovery offshore Norway could become a new hub development, one of the partners in the project has said following succsesful appraisal drilling.Cairn Energy, which holds 20% in Skarfjell, said it had increased its resource…
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering…
Subsea 7 today announced the award of a contract worth in excess of U$350 million from Petrobras. The contract is for the operation of the pipelay support vessel (PLSV) Kommandor 3000 on a day-rate basis for five years. Kommander 3000…
Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, 2013.an ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…
Ocean Installer named Michael Newbury president of its new US office, located in Houston.Michael NewburyNewbury joined Ocean Installer after serving as vice president for operations and business development at US-based subsea contractor Deep Down Inc…
McDermott International, Inc. announced that one of its subsidiaries has been awarded two projects for a customer in the Arabian Gulf.Jebel Ali Fabrication Facility (Image: McDermott) The value of these contracts is approximately US$900 million…
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku…
Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) is pleased to announce that the drilling of exploration well 16/4-6S on the Luno II prospect has resulted in a potentially significant oil discovery…
Ithaca Energy announces that it has contracted the services of Applied Drilling Technology International (ADTI), to manage development drilling and completion operations on the Greater Stella Area under 'turnkey” contract arrangements. ADTI is a subsidiary of Transocean…
Technip was awarded by Total E&P Congo a major (more than $500million) lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project.This project is…
Natural gas production will begin this year from the Kirinskoye gas and condensate field under the Sakhalin III project, Gazprom announced.Kholmsk, Sakhalin Region (Image: Gazprom)The announcement followed a meeting between Alexey Miller, Chairman of Gazprom's management committee…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Bladt-built Nini East platformThe Danish Underground Consortium (DUC) has announced investment of US$800million on a new platform in Denmark's sector of the North Sea. The facility, to be built by Danish firm Bladt Industries A/S, will be to expand the Tyra Southeast development…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
CGG announced today that its new fleet, with the addition of four high-end vessels from its recent acquisition of Fugro Geoscience, set two new industry records that highlight the strength of its marine capabilities. Firstly, through…