Tanzania’ government has announced that the delayed 4th Licensing Round is to be launched later this month. Seven deepwater offshore blocks and the Lake Tanganyika North offshore block will be available in the round, to be launched in Tanzania’s capital Dar es Salaam…
Keppel Offshore & Marine signed a memorandum of understanding (MOU) with PEMEX Exploración y Producción (PEP) and PMI Norteamérica, S.A. de C.V. (PMI) to jointly develop, own and operate a yard facility in Mexico specializing in construction…
On Oct.1, Brazil's National Petroleum Agency (Agência Nacional do Petróleo, ANP) said that 11 companies were registered and qualified to bid for pre-salt licenses at the upcoming Santos basin auction. The ultra-deepwater Libra field is estimated…
Goldman Sachs, ATP and PFA have agreed to invest DKK11 billion in DONG Energy - with a final agreement expected to be concluded before the end of 2013. The Danish state, represented by the ministry of finance, and DONG Energy, have reached…
Daewoo Shipbuilding & Marine Engineering (DSME) awarded VWS MPP Systems, a subsidiary of Veolia Water Solutions & Technologies, a contract to supply a macro porous polymer extraction water purification (MPPE) unit for the Ichthys LNG project FPSO…
Premier and Rockhopper Exploration plc have signed a heads of agreement with Falkland Oil and Gas Limited (FOGL) to farm-in to licences PL004a and PL004c, conditional on the completion of this morning’s announced combination of FOGL and Desire Petroleum plc…
Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…
Oceaneering International, Inc. has commissioned the construction of a subsea support vessel from BAE Systems. Expected delivery of this vessel is by the end of 1Q 2016. This vessel will be US-flagged and documented with a coastwise endorsement by the US Coast Guard…
Petrobras awarded Prysmian Group a contract worth approximately US$260 million for umbilicals. The award is related to a previous frame agreement covering 360km of umbilicals, most of it to be used in pre-salt fields. The contract comes…
Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…
Rosneft and ExxonMobil have selected CB&I UK and Foster Wheeler Energy as the initial phase front end engineering and design (FEED) contractors for the two oil giants’ Russia Far East liquefied natural gas (LNG) project. The contractor selection process began back in August…
Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…
UK-based Europa Oil & Gas and Kosmos Energy Ireland are shooting a 3D seismic acquisition program in the South Porcupine basin, offshore Ireland, using the M/V Polarcus Amani. Acquistion and processing will be complete by the end of 1Q 2014…
Chevron Technology Ventures (CTV) announced today that it has launched its CTV Fund V, a US$90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will…
German operator RWE Dea UK has agreed a five year, £40 million, contract with engineering and operations support services contractor Offshore Design Engineering (ODE) to support its southern North Sea fields. ODE has already been working for RWE…
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