Norwegian Seismic acquisition and processing firm Electromagnetic Geoservices (EMGS) has increased its stake in exploration firm North Energy to nearly 10% as part of a loan deal. The NOK75 million convertible bond loan secured EMGS addtional shares in North Energy…
Norway will award oil and gas licenses in new offshore areas, including in an important Arctic zone bordering Russia, in the first half of 2016, reported Reuters. The agency said Norway's oil and energy ministry, which asked companies…
Transport Canada, the province of New Brunswick, and several other project partners announced funding for the SmartAtlantic Saint John (New Brunswick) buoy project, eighth in the smart buoy series that is modernizing Canada's marine navigation system…
Husky-CNOOC Madura awarded Malaysia-based Bumi Armada Offshore Holdings and its joint venture company PT Armada Gema Nusantara a contract to provide the floating production, storage and offloading vessel (FPSO) for the Madura BD Field, approximately…
Stennes, Haustead. Images from Wild Well. Wayne Stennes and Christian Haustead join Wild Well Control, Inc. to further increase the company’s service offerings and presence in the Asia Pacific region…
Salamander Energy received the first oil in the tanks of the Suksan Salamander floating storage and offtake vessel (FSO) at the Bualuang field in the Gulf of Thailand. Greater Bualuang work. Image: Salamander…
FMC Technologies is to provide another five subsea manifolds for Brazil's Petrobras for its pre-salt fields located offshore Brazil. The order represents the balance of the 16 subsea manifolds ordered under a frame agreement signed in 2013…
Statoil and Norwegian Prime Minister Erna Solberg officially opened the company's new Gudrun platform, on the Norwegian Continental Shelf (NCS). Gudrun installation. Photo from Statoil…
Sevan Drilling's Sevan Louisiana ultra-deepwater semisubmersiblse drilling rig has temporarily halted operations due to a control system leak on the blow out preventer (BOP), the firm said today (August 18). In order to repair the leak…
Shell's Shelburne Basin Venture Exploration Project marks the first time 3D wide azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500m to 3500m, 250km to 350km offshore Nova Scotia…
Badger Explorer ASA (BXPL) signed a co-operation agreement for a long term agreement with China National Petroleum Corp. Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling tool…
Dubai's Drydocks World has successfully completed turret modules 1 and 2 for the world’s largest floating liquefied natural gas (FLNG) facility. This innovative FLNG facility will be stationed at Shell's Prelude gas field off the northwest coast of Australia…
GDF SUEZ E&P UK Ltd. appoints Ruud Zoon as managing director. Zoon joins from GDF SUEZ E&P Nederland B.V. where he has been managing director since 2010. He has 30 years of energy industry experience, holding senior management positions in locations including the Netherlands…
Operators are battling to manage cost overruns on larger projects, was the message that emerged from an event on “Large Oil & Gas Projects” held at the Royal Geographical Society in London in June, organized by the Norwegian British Chamber of Commerce…
Statoil and partner RN Nordic Oil, a Rosneft subsidiary, began exploration drilling on the Pingvin prospect in production license 713 in the Norwegian Barents Sea using the Transocean Spitsbergen semisubmersible drilling rig (pictured) in 422m water depth…
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