Exmar and Pacific Exploration and Production (formerly Pacific Rubiales) have agreed to terminate a liquefaction and storage agreement, originally executed in March 2012 for a term of 15 years from delivery of a floating liquefaction unit (CFLNG) with a liquefaction capacity of approximately 0…
Exceed has secured a contract to support Fairfield Energy in its forthcoming North Sea well plugging and abandonment campaign. Fairfield’s program includes 45 platform wells and 16 subsea wells, all of which will be plugged and permanently abandoned…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…
Royal Boskalis Westminster N.V. has been awarded a contract from the National Petroleum Construction Co. of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Co. as well as to an existing offshore gas pipeline…
Shell Canada’s operations offshore Nova Scotia were brought to a halt over the weekend due to severe weather, which caused a 2km pipe from the Stena IceMAX drillship to fall to the seafloor. The Stena IceMAX…
Petronas' first floating liquefied natural gas (FLNG) facility officially received its name, PFLNG Satu, at a ceremony held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. President and group CEO of Petronas…
UK North Sea industry trade body Oil & Gas UK set out a string of tax change proposals which it says could help boost the ailing industry’s competitiveness and investors confidence. The calls for urgent tax reform follow the trade association’s latest activity report…
DONG Energy has reached an agreement with The Crown Estate to reconfigure the Hornsea zone as part of the Round 3 offshore wind development zones. Following its acquisition of the remainder of the Hornsea zone from Mainstream Renewable Power and Siemens Financial Services in 2015…
Global offshore drilling giant Transocean has set back the delivery date for five new jackup rigs by nearly four years. In an agreement with rig builder Keppel Offshore & Marine's shipyard, Keppel FELS, delivery of the five Super B 400…
Byron Energy's SM-6 #2 well in the South Marsh Island Block 6 in the US Gulf of Mexico has intersected a number of hydrocarbon bearing sands which may result in an increase in reserves estimates for the block, says partner Otto Energy. Otto…
Oceaneering International has been awarded an eight-year contract by Statoil. The agreement is to provide two work class electric remotely operated vehicles (ROVs) for Statoil’s CAT-J Platforms in the North Sea. The new ROVs are currently being built in-house and called the eNovus…
Pulse Structural Monitoring, an Acteon company, has launched INTEGRIpod NXT, the third generation of INTEGRIpod subsea motion and data logging sensor systems. INTEGRIpod NXT, a new addition to the INTEGRI range of structural monitoring sensor systems…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
In early February, Mexican President Enrique Peña Nieto shook things up at the country’s oil company, Petróleos Mexicanos (Pemex), immediately replacing then-CEO Emilio Lozoya Austin with Mexico’s director of the Social Security Institute (IMSS) José Antonio González Anaya…
Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…
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