MX Oil agreed to invest in an indirect, non-operated 5% revenue interest in the OML 113 license, offshore Nigeria, which includes the Aje field, a substantial development stage project with proven, flow tested discoveries where production is expected by January 2016…
The first step towards lifting sanctions on Iran’s oil production could be taken tomorrow (14 July) in a deal that would open up its territory to western nations and see the country’s oil exports double in the next six months is agreed. Image…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/6-2, in the Neiden prospect, which contains 200 MMboe gross prospective resources. The drilling program for well 7220/6-2 relates to the drilling of a wildcat well in production license 609…
Two consortia of oil services companies have been selected to compete for an EPIC contract on Africa's first floating LNG project through two front end engineering and design contracts. The move will pitch McDermott Marine Construction…
The US$70 billion Shell and BG Group merger cleared Brazilian regulatory approval, bringing it a step closer to its set completion date of early next year, according to a Reuters report. Brazil's Libra field activity…
OneSubsea has won a front-end engineering and design (FEED) contract on the Browse FLNG development offshore Australia. Browse FLNG development concept is based on three FLNG facilities utilizing Shell’s FLNG technology and Woodside’s expertise to commercialize the Brecknock…
Cardón IV S.A. started production at the giant Perla gas field’s first well in the shallow waters of the Gulf of Venezuela. Map of Perla. From Repsol. Perla, Latin America’s largest offshore gas field…
Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system. At almost 100m-high, weighing more than 11…
Statoil installed the first subsea wet gas compressor in the world at the Gullfaks C platform in the North Sea after a successful offshore campaign (see video below). Image: Seaway Heavy Lifting's Oleg Strashnov carrying the protective structure…
Technip Samsung Consortium has been named as the front-end engineering contract for the Browse floating liquefied natural gas (FLNG) project in Australia, operated by Woodside. The Browse project will comprise three FLNG units, used to develop the Brecknock…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
Heerema Marine Contractor’s new semisubmersible crane vessel is set to make waves. Elaine Maslin reports. An illustration of the new NSCV. Photos from Heerema Marine Contractors. Norse gods do not come along that often…
The tides are changing in many countries, which are ramping up their political policies to provide international operators the consistency and transparency needed to invest in the region. Heather Saucier reports. Noble Energy has distributed approx…
Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…
Oil and gas companies are still testing the waters offshore New Zealand when it comes to production, and little has been done off the islands in the exploration arena. Māui A platform. Images from NZP&M/ Rob Tucker…
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