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…
Wood Group PSN (WGPSN) has secured a contract with Woodside in Western Australia which boosts Wood Group's maintenance and brownfield project portfolio in Australia. The scope of work includes the engineering, procurement and construction…
BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…
Hansa Hydrocarbons hopes to start drilling in 2016 after completing a 3D seismic survey across '4Quads' licenses in blocks G18, H16, M3 and N1, offshore Netherlands. The survey covered about 965sq km, 40 km to the north of the Wadden…
Rosneft and PetroVietnam announced they will set up a joint venture to develop two oil field blocks in the Pechora Sea in Russia’s Arctic, Reuters reported on 5 September 2014. According to the report, Rosneft will hold 66.67% interest in the JV…
Dolphin Geophysical is to acquire and process a 7000sq km SHarp Broadband 3D survey offshore Senegal under a contract with Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess (pictured) has started operations and it will take about four months to complete…
Shell started production from its Cardamom subsea oil and gas field located in the Gulf of Mexico. The Cardamom system is tied back to Shell's Auger tension leg platform (TLP), marking the seventh subsea development to come onstream through the platform since first oil was achieved in 1994…
KrisEnergy Ltd. reported that the S.V. Nordic Bahari vessel began a 2D seismic survey in the Sakti production sharing contract (PSC) offshore East Java, Indonesia. The acquisition program, which will acquire 1200km of data, was awarded to PT…
Marine and engineering consultancy Aqualis Offshore opened an office in Mexico City, Mexico. This is the tenth country the company has entered since starting operations just over a year ago. In addition, Aqualis Offshore will this month…
Shell has started work drilling production wells on Malaysia's third deepwater development, the Malikai field, offshore Malaysia. The Malikai development involves 17 wells drilled from a 23,500 tonne tension leg platform production facility…
A new London-based firm co-founded by the former CEO of Cobalt has launched a US$30 million 'flat pack' accomodation barge design for use by the extractive and construction industries, including offshore oil and gas companies. The barge-based new design…
Norway's Statoil and Nicaragua's DNP-Petronic signed a cooperation agreement for future oil and gas activities offshore Nicaragua's Pacific coast, it was announced on 3 September 2014. Statoil says that the consortium (Statoil and…
Rosneft began production from the northern tip of the Chayvo field, located off northern Sakhalin Island. Rosneft President Igor Sechin said that Chayvo will produce about 1.5 million tons of oil annually, with the northern tip of the…
Mubadala Petroleum began drilling operations at the Manora oil development in the Northern Gulf Thailand, reported joint venture partner Tap Oil Ltd. The Atwood Orca jackup did the honors of spudding MNA-02, the first of 15 planned development wells…
Alexey Miller, chairman of the Gazprom Management Committee and Nguyen Xuan Son, chairman of the PetroVietnam National Oil and Gas Group Board of Director met at Gazprom headquarters 3 September to address the joint development of hydrocarbon resources in Vietnam and Russia…
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