J2 Subsea opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea electronics location in Houston. The new facility marks the next stage in J2 Subsea’s global expansion plan. North American customers can…
Energean Oil & Gas announced that it is to conduct a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala, northeastern Greece. The 3D survey will cover an area of 400sq km and will last approximately three weeks…
Following its acquisition of Abu Dhabi-based Totus Energy, in October 2012, Dron & Dickson has announced strategic plans to continue growth in the Middle East. Previously Totus Energy, the Middle East operation will now trade under the Dron & Dickson name…
Leading classification society ClassNK released amendments to its “Rules and Guidance for the Survey and Construction of Steel Ships” on 8 May 2015. ClassNK continuously reviews, updates, and amends its technical rules and guidance as…
Newpark Drilling Fluids is extending its offshore reach with enhanced, customized fluids technology, expanded facilities infrastructure and a team of professionals dedicated exclusively to deepwater products and services. Newpark Drilling Fluids is expanding its Port Fourchon facility…
Intellian, a provider of stabilized marine satellite antenna systems, opened a second R&D center in Seoul’s Technology Valley, in conjunction with the relocation of its administrative office from Gangnam. The site was chosen to be closer…
SOCAR-AQS signed a joint venture (JV) agreement with Archer Assets UK and Nobel Oil Services to establish Oğuz Drilling, a new platform drilling company in Azerbaijan, with a focus on the Caspian Sea. With support from SOCAR-AQS, Archer and Nobel Oil Services…
Statoil awarded Cubility a US multi million dollar deal to provide the MudCube solution for installation on the Johan Sverdrup field in the North Sea. The MudCube. From Cubility. The MudCube…
IPB Petroleum announced that the company’s application for a 12-month suspension and extension to the WA-471-P exploration permit work program has been approved by the Commonwealth–Western Australia Joint Authority. Following IPB’s application in May 2015…
Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…
MX Oil announced a number of amendments to its joint venture agreement with its local partner Geo Estratos (Geo), which include an increase in MX Oil's interest in any concessions or exploration and production contracts to 55% from 51%…
Spectrum announced that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger. The first phase of the acquisition program Mexico Campeche-Yucatan 2D Regional…
Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
Stolt-Nielsen and Golar LNG jointly announced the formation of a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution. Stolt-Nielsen has made a strategic investment in Golar LNG through open-market purchases…