Marathon Oil is to sell its 10% interest in deepwater Block 32 offshore Angola to Sonangol for about US$590 million. The firm also announced plans to repurchase US$1 billion of its common stock and buy about 4800 acres in the core of its south Texas Eagle Ford position…
Petrotechnics has been awarded a €2 million contract by Teekay Petrojarl to deploy its Proscient across its global fleet. Petrotechnics will provide work management tools to support Teekay Petrojarl’s goal of creating a standardized approach to work management across their global operations…
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…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
Bluewater’s Haewene Brim floating production and offloading vessel (FPSO) has been in dry dock for an upgrade at the Nigg fabrication yard in the Cromarty Firth, northeast Scotland. It is the first time the yard, operated by Global Energy Group…
Technip has been awarded two contracts to supply flexible pipes for Total's Egina field offshore Nigeria. These contracts cover the qualification and supply of 12 dynamic flexible jumpers from 3.5' to 12.5' for oil production, gas lift…
Engineering services firm Wood Group PSN has been contracted to carry out engineering studies on a plan to deploy a production buoy facility design in the UK North Sea. Under the contract with ABTechnology (ABT), the firm behind the production buoy design…
North Sea independent Antrim Resources has agreed a deal which could see the use of new buoy technology to develop its Fyne field. Fellow independent Enegi, along with its joint venture partner ABTechnology, is to work up a new field development plan (FDP) for Fyne…
ABB has been awarded a US$20 million contract to provide power and automation technologies to a floating production, storage and offloading vessel (FPSO). The unit is being built to Sevan Marine's cylindrical design at Chinese shipyard COSCO Nantong for Dana Petroleum…
Tullow Oil's offshore Ghana Tweneboa-Enyenra-Ntomme Development (TEN project) plan has been given the green light by the country's government. The TEN project is in the Deepwater Tano Contract Area, 60km off the coast of Ghana and about 30km west of Tullow's Jubilee Field…
Just under two and a half years after coming off station in a storm, Maersk Oil's Gryphon Alpha FPSO has been brought back on production. The vessel, stationed about 280km north east of Aberdeen in the North Sea, has undergone a major overhaul in dry dock…
Royal Dutch Shell plc (Shell) has announced a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. This decision sets…
Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform. This is another big Norwegian contract…
Houlder has been awarded a three year contract to deliver Project Management Consultancy services to Libya’s Mellitah Oil and Gas BV in relation to the design, construction, delivery and hook-up of a new Floating Storage and Offloading System (FSO) and associated subsea systems…
Technip, leader of a 50/50 consortium with Techint, was awarded by PNBV a substantial contract for the topside construction and integration, the commissioning and start up assistance of the P-76 floating production storage and offloading (FPSO) unit…