Sanctions on Iran’s oil production look set to be lifted after the country and six world powers finally reached a deal over the country’s nuclear program. The agreement, reached after two years of discussions, following a 12-year stand…
Engineering firm Plexus' Asian joint venture with Integrated Petroleum Services, Plexus Products, has secured a PETRONAS license to manufacture and supply Plexus’ POS-GRIP wellhead equipment in Malaysia. Plexus believes that with the PETRONAS license secured…
Fugro delivered a bespoke structural monitoring system for Exxon Neftegas, as operator for, and on behalf of, the Sakhalin-1 consortium, to monitor the structural integrity of its Berkut oil platform in the Arkutun Dagi field. Located…
MX Oil agreed to invest in an indirect, non-operated 5% revenue interest in the OML 113 license, offshore Nigeria, which includes the Aje field, a substantial development stage project with proven, flow tested discoveries where production is expected by January 2016…
The construction of EDrill-3 semitender rig in COSCO’s Guangdong shipyard is in the final phase of testing and commissioning, reports Energy Drilling. EDrill-3 is a four-column, Ocean Class design by MSC Gusto. Edrill-3, which was designed to work in both shallow and deep waters…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/6-2, in the Neiden prospect, which contains 200 MMboe gross prospective resources. The drilling program for well 7220/6-2 relates to the drilling of a wildcat well in production license 609…
Houston-headquartered ProSep, an oil, gas and water treatment specialist, has been awarded a contract with PEMEX to supply its ProBlend mixer technology. The six-month project – awarded through ProSep’s in-country agent AGA Process – will…
The Middle East market remains vibrant with producers, led by Saudi Arabia, expected to continue spending to retain market share, Singapore based offshore support vessel operator Vallianz Holdings said today as it announced a US$300 million contract in the region…
As strained negotiations between the Greek government and European financial ministers enter the end-game, the impact on energy markets remains uncertain. Setting aside both the deeply troubling social impact for Greek citizens and other…
Viking Supply Ships has extended the contract with Eni Norge for the Ice-classed AHTS Njord Viking. The vessel is now firm with Eni Norge till 31st December 2016. Further, the charterer has the option to extend the charter period with 2 x 6 months…
Statoil Petroleum awarded Baker Hughes an eight-year contract to design and supply production chemicals to the offshore Norne field and the deepwater Aasta Hansteen field in the Norwegian Sea. Work is anticipated to begin in July 2015…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Chevron Upstream Europe has installed a new topsides module on to its Brittania bridge linked platform, paving the way for the start-up of the Alder. The Alder high-pressure, high-temperature field was discovered in 1975, in Block 15/29a…
Anadarko recently completed the successful upending of its massive 23,000-ton Heidelberg floating spar in 5300ft water depth, in Grand Canyon block 859, about 140mi off the coast of Louisiana. The 80 MMscf/d capacity Heidelberg truss spar is the second of Anadarko’s “design one…
North Atlantic Drilling has been awarded a contract extension for the semisubmersible drilling rig West Phoenix by Total E&P UK. The contract extension starts mid-March 2016, securing work for the unit through the end of August 2016.…
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