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BPZ Energy spuds Corvina well off Peru

Jul 31, 2014

BPZ Energy spud the CX15-7D development well in the Corvina field in Block Z-1, offshore Peru, on 29 July 2014, the company announced today. BPZ Energy plans to drill to 8500ft depth and expects operations to complete in October. BPZ…

BOEM extends comment period

Jul 30, 2014

The US Bureau of Ocean Energy Management (BOEM) will extend its public comment period for its new five-year Outer Continental Shelf (OCS) oil and gas leasing plan for 2017-2022, the agency announced on 30 July 2014. BOEM says the decision…

Big gets bigger - and more capable

Aug 01, 2014

Frank Verhoeven  Boskalis is eyeing an increasing role in offshore oil and gas and renewables projects—including the potential to dry dock floating production vessels at sea. Elaine Maslin found out more…

EFC Group names managing director

Jul 14, 2014

Houston-based EFC Group appointed Anand Puthran as its managing director, a newly created role for the company. Puthran joins EFC Group with more than 15 years of experience working in the oil and gas industry in managerial positions…

Elliston-2 spudded in Cooper basin

Jul 23, 2014

Cooper Energy Ltd. announced that the Elliston-2 oil development located in PPL 249 on the western flank of Cooper basin in South Australia, spudded and of 22 July, the rig was drilling a 12 ¼ in. hole at 162m. Elliston-2, a vertical well located 250m south-southwest of Elliston-1…

DONG hires WSP for wind farm engineering

Jul 25, 2014

DONG Energy, Denmark's largest energy company, has awarded three contracts to civil engineering group WSP for design work on the onshore substations for three offshore wind farms. WSP says detailed design on the projects is now underway…

Octabuoy on the market

Jul 23, 2014

Singapore-based COSCO Corporation is looking for a buyer for ATP Oil & Gas (UK)’s Octabuoy facility.  COSCO’s Nantong yard ceased work on the project, a semisubmersible dry-tree production platform, which had been due to be used on ATP’s UK North Sea Cheviot field development…

Wood Group buys Agility Projects

Jul 15, 2014

Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million.  Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…

Malaysia's Sumatec buying Kazakh company

Jul 15, 2014

Malaysia's Sumatec Resources Bhd plans to buy Kazakhstan's Borneo Energy Oil and Gas Ltd. for US$250million (RM800million) in cash and shares. Sumatec announced on 11 July 2014 that it had signed a framework agreement with Abu Talib Abdul Rahman and Dr…

POSH partners with Grupo Pegaso in Mexico

Jul 18, 2014

Singapore's PACC Offshore Services Holdings Pte. Ltd. (POSH), Asia’s largest operator of offshore supply vessels, announced yesterday that Mexican conglomerate Grupo Pegaso has signed an agreement for vessels with POSH joint ventures in Mexico…

New Premier CEO gives update

Jul 11, 2014

On 25 June, London-based Premier Oil plc announced the appointment of Tony Durrant as Chief Executive Officer. Durrant joined Premier in June 2005 and has served as Finance Director of the company for nine years. Prior to joining Premier…

Analyzing wireless machine condition monitoring for offshore applications

Jul 14, 2014

The SKF wireless machine condition sensor collects data on three key machine conditions: temperature; overall machine condition; and rolling element bearing and has ATEX Zone 0 certification. There…

August Solan installation plan

Jul 10, 2014

Premier Oil is ramping up towards offshore installation work on its Solan field development in Block 205/26a, in 135m water depth, west of Shetland, in the UK North Sea.  Construction and onshore commissioning of the four-legged Solan…

Successful appraisal extends Jade field

Jul 08, 2014

First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…

Proppant market forecast, 2014 - 2024

Jul 08, 2014

Continual expansion of unconventional oil and gas development seen over the next decade - most notably in the US, but also around the globe - will necessitate steadily increasing proppant sales over the next 10 years. In the US, proppant…

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