SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
Russian gas producer Gazprom and Shell signed an agreement to expand the Sakhalin-2 LNG project. Sakhalin-2 saw the development of two offshore oil and gas fields: Piltun-Astokhskoye and Lunskoye, off the north-eastern coast of Sakhalin…
ExxonMobil signed a production sharing agreement (PSA) with the Cote d'Ivoire governmentfor two ultra deepwater blocks in the Gulf of Guinea. The PSA is for the Blocks CI-602 and CI-603 located in the southern Ivory Coast. CI-602 covers 3874sq km and CI-603 covers 5543sq km…
Classification society ClassNK has given approval in principle to a new H2/CO2 floating production, storage and offloading (FPSO) to a new design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation. FPSOs are used by…
Statoil received consent to use the Songa Dee mobile drilling facility to permanently plug exploration well 34/10-52 A/B, according to the Petroleum Safety Authority Norway. Well 34/10-52 A/B is located at the Statoil-operated Gullfaks Sør…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
As Petroleum Geo-Services looks to further streamline its operations and cut costs, the company is stacking and considering scrapping or selling two vessels, and selling its PGS Khazar joint venture. PGS says the cuts, along with other initiatives…
The Energy Research Centre of the Netherlands (ECN) conducted tests to validate and subsequently approved Mitsubishi Electric’s compact wind lidar as complying with European wind measurement standards. The lidar (portmanteau of “light”…
The Fukushima Forward 2MW floating offshore wind turbine. Photo from Fukushima Forward. A growing number of companies are eying options for floating offshore wind. Elaine Maslin learned why at All Energy in Aberdeen…
Dutch manufacturer DBR BV will supply emergency/harbor diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom-engineered units, generating up to 1875 kVA…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
AGR's software solutions division had signed its first contract with Sakhalin Energy. The three-year deal includes the latest version of AGR's P1 software, as well as maintenance and support services. The software allows operators to maximize performance during well-construction projects…
Russia-based Gazprom and Shell signed an agreement for the preparation of FEED documents for the production of LNG within the Sakhakin II project off Sakhalin Island, Russia. “We welcome the sequential approach of our partner Gazprom to expanding the LNG plant in the Prigorodnoye settlement…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Sakhalin-II is an intergrated, export-oriented oil and gas development, and Russia’s first offshore gas project. It handles production from Piltun-Astokhskoye oil field and the Lunskoye natural gas field in the Okhotsk Sea, and is managed and operated by Sakhalin Energy Investment Co…
Subscribe
