Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and production firm Ithaca Energy. Ithaca will sell its Norwegian assets…
Huisman officially opened their new production facility in Navegantes, Santa Catarina state on 16 April 2015, in the south of Brazil. The facility is used for the manufacturing of offshore equipment for the Brazilian market. It is located along the Itajai-Açu river…
Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola. As part of the largest ultra deepwater subsea, umbilicals, risers, flowlines (SURF) development, Applus RTD will…
TGS signed an agreement with Thalassa Holdings/WGP to acquire P-Cable 3D seismic data in the Norwegian Barents Sea. The activity is expected to last for 90 days and will commence in April 2015. Also in the Barents Sea this week, several…
Investment dollars are finding good value in the current low oil price environment, according to a panel of finance professionals who discussed the wealth of finance opportunities found in today’s oil and gas companies, at this weeks' CERAWeek in Houston…
The National Offshore Petroleum Titles Administrator approved MEO Australia and the WA-454-P joint venture’s application to extend the work permit program by six months off Western Australia. The December 2015 extension is to provide…
AziNor Catalyst completed the 100% acquisition of license P1946, covering Block 15/12a in the UK North Sea from Stavanger Petroleum. The terms of the agreement will require AziNor to undertake all technical work commitments on the license…
Navitus Bay Development awarded Fugro a contract to provide real-time bankable wind profile data for a 12-month period using the Seawatch Wind LiDAR Buoy. The LiDAR buoy has achieved close to 100% data availability despite experiencing…
Ezra Holdings’ subsea services division, EMAS AMC, has won multiple new awards from various oil and energy companies worth approximately US$55 million. The Lewek Constellation. From EMAS. The scope of work includes project support…
Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…
Houston-based TAM International opened a new office in Norway to support the company’s current business and seek further growth. Colin Graham has been appointed as Norway country manager and will be spearheading these efforts. “By…
Ophir Equatorial Guinea awarded WorleyParsons a contract for provision of engineering and project management services for their Equatorial Guinea Block R Project, the Fortuna project. Block R map…
BP awarded Amec Foster Wheeler a US$73.9 million, five-year contract to provide operations, maintenance and project support for the Forties Pipeline System (which includes the Unity offshore platform and onshore pumping stations in Aberdeenshire…
Van Oord awarded FoundOcean the contract to grout the 150 monopile foundations for the 600mW Gemini Offshore Wind Farm. The project will be the first to use MasterFlow 9800, a new material jointly developed by FoundOcean and BASF. Image…
EnQuest awarded Wood Group PSN (WGPSN) a five-year contract to provide engineering, design, construction, procurement and commissioning services to the Thistle, Heather and Northern Producer offshore assets in the North Sea. The contract…
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