The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…
Malaysia's MISC Berhad has won its battle in court against supermajor Shell over contractual disputes concerning the construction and lease of the Gumusut-Kakap semi-floating production system (Semi-FPS), offshore Malaysia that was filed last year…
Bell Geospace and Onyx Engineering are launching data from a multiclient FTG program offshore Malaysia, with support from state oil firm Petronas. The multiclient FTG program includes airborne 3D Full Tensor Gradiometry (FTG) and magnetic…
Malaysia's Petronas will voluntarily make some adjustments to its crude oil production beginning in January 2017, a decision that stems from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers made earlier this month…
First oil has been achieved from Shell's deepwater Malikai field, offshore Sabah, Malaysia. The project is Shell's second deepwater project offshore Malaysia, and its first tension leg platform (TLP) in the country, following Gumusut-Kakap…
SapuraKencana Petroleum has been awarded several contracts via its subsidiaries worth a total of about US$300 million. SapuraKencana Subsea Services inked a two-year contract to provide underwater services for Petronas Carigali. The…
UK-listed independent Ophir Energy says preparations for drilling to restart on the deepwater Ayame-1 oil exploration well offshore Ivory Coast, Africa, are at an advanced stage. The well is expected to spud in late May and is targeting about 240 MMbbl Pmean recoverable resources…
Malaysia’s Petronas has achieved first gas from its first floating liquefied natural gas (FLNG) facility, PFLNG SATU earlier this week (14 November) from the Kanowit gas field, offshore Sarawak. Image of the PFLNG SATU…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
Malaysia-based Petronas has hit a milestone with its PFLNG SATU last week, as the unit produced its first drop of liquefied natural gas (LNG) from the Kanowit gas field, offshore Sarawak. The PFLNG SATU…
For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves. Images from FMC Technologies…
Mexico's highly anticipated deepwater bidding round, Round 1.4, in Mexico City resulted in eight of the 10 deepwater blocks in the Gulf of Mexico awarded. Evaluating submitted bids. OE…
Mexico’s Comisión Nacional de Hidrocarburos (CNH) has revealed a long list of individual international oil and gas companies, in addition to consortia, that have been prequalified for the country’s highly anticipated deepwater round set for next week…
Floating production firm BW Offshore has started an arbitration process against Addax Petroleum Exploration over payment for use of the floating production, storage and offloading vessel (FPSO) Sendje Berge. BW Offshore says Addax as…
Petronas Carigali awarded Technip a subsea contract for the Samarang Redevelopment Project Phase 2 EOR, offshore Malaysia. Under the terms, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines…
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