Wärtsilä signed a five-year technical management agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The Golar LNG vessel…
International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Chris Sparrow shows how using inflatable buoyancy for pipelaying operations could result in shallow-water savings. Inflatable buoyancy units during deployment on Wheatstone. Photo from Allseas…
Despite the recent memorandum of understanding (MOU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused on developing domestic reserves and initiating liquefied natural gas (LNG) projects in Russia, according…
The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek. For the first three years of the seven-year contract…
While Mozambique’s previous two oil and gas licensing rounds have had limited success, the country will be hoping that recent discoveries and its revised fiscal environment will create an investment boost during its latest bid round, says research and consulting firm GlobalData…
The Leviathan project takes another hit after the Palestine Power Generation Co. (PPGC) gave its notice to cancel its 20-year agreement to supply natural gas for Leviathan, offshore Israel. Map of Israel…
Chevron shows several new updates and project milestones for its Gorgon project, which is 90% complete as of 30 January. Gorgon is located between 130-220km off the northwest coast of Western Australia. The project aims to develop the Gorgon and Jansz-Io gas fields…
Shell took delivery of an offshore supply vessel for its deepwater operations in the Gulf of Mexico (GoM), from Harvey Gulf International Marine. The Harvey Energy is 302 ft. and operates on three dual-fuel Wärtsilä engines. It will…
Woodside Petroleum's proposed acquisition of Houston-based Apache's interests in the Wheatstone, Balnaves and Kitimat projects are moving forward after the Australian Competition and Consumer Commission (ACCC) announced that it will not oppose the deal…
Angus Rodger and Matt Howell discuss the exploration environment as well as the potential impact from the recent fall in oil prices on Australian and New Zealand projects. Graphs from Wood Mackenzie. Australia…
Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…
Noble Energy is suspending any further investments in the expansion of Tamar, and initial development of Leviathan until regulatory issues are resolved with Israel. Image of the Tamar field. From Delek…
Deepwater pipelay on the 889km-long gas export pipeline (GEP) for INPEX' Ichthys LNG Project has started offshore Australia. Saipem’s deepwater installation vessel Castorone will lay the remaining 718km offshore section of the 42in. diameter…
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