The International Association of Drilling Contractors (IADC) announced the formation of the Well Control Institute (WCI), a new industry body which will provide the drilling industry with a single, universal well control training and assessment standard…
Calgary-based BP Exploration (Canada) Ltd. has proposed a 3D seismic acquisition program over Exploration Licenses 2431, 2432, 2433 and 2434 (shown in dark green, center of map at right). The blocks are 230 to 370 km southeast of Halifax…
Rosneft and ExxonMobil have commenced the contractor selection process for design and engineering work at its proposed LNG project in the Russian Far East, Rosneft announced. In 2013-2014 Rosneft and ExxonMobil plan to complete design work…
Jaya Holdings signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer’s options has a value of more than US $20 million…
Intertek announces the launch of Intertek Asset Integrity Management (AIM) Surveying Services in Australia and Brazil, to provide clients 3D laser scanning and dimensional control services. Stuart Gordon is operations manager for Intertek Surveying Services (ISS) in Australia…
Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
UK oil industry body Oil & Gas UK held a meeting with about 80 representatives from operators and major contractors today (Monday) after a helicopter carrying offshore workers crashed off the Shetland Islands, killing four. The CHC Helicopter…
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…
Glacier Energy Services boosts portfolio and specialist offering with acquisition of Ross Offshore International oilfield specialist Glacier Energy Services today confirms the acquisition of Aberdeen-based Ross Offshore in a multi-million pound deal…
ALS entered into an agreement to acquire Reservoir Group for US $533 million (9.6 x Reservoir's FY2013 EBITDA). The transaction follows extensive due diligence undertaken by ALS on Reservoir as a part of an exclusive sale process. Reservoir…
Shell picked Technip to provide engineering, procurement, and installation services covering subsea infrastructure at the Stones field in the US Gulf of Mexico. The contract's scope includes installation of the subsea production system and Stones lateral gas pipeline…
EnQuest will have a new prestigious North Sea base in the Granite City after planning permission was granted for a high-quality office development on the derelict Aberdeen Seafood Park site in the harbour area. The firm, which is the largest UK independent oil producer in the UK North Sea…
Aberdeen-based Dolphin Drilling Ltd has awarded Harland and Wolff the contract for the dry docking of the Blackford Dolphin mobile offshore drilling unit (MODU). The project will include upgrade work and repairs and renewals for its class renewal survey…
Reliance Industries (RIL) and BP have made a second deepwater gas condensate discovery in the Cauvery basin offshore India. The discovery, named D-56, was made in well CYIIID5-S1 on Block CY-DWN-2001/2, in 1743m water depth, 62km off the coast…
Delek Group released a resource assessment report on its Tamar Southwest project that showed an average 684 Bcf of estimated undiscovered gas reserves in place in the project. This value is the undiscovered resource potential in two sands…
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