Statoil and Statkraft have given the final investment decision for the Dudgeon offshore wind farm off the coast of Norfolk, UK. The project aims for full production in late 2017. When completed, Dudgeon will provide renewable energy for up to 410…
Fugro has completed the acquisition of the Geofor Group based in Libreville (Gabon), Douala (Cameroon), Pointe Noire (Republic of Congo), and São Tomé City (São Tomé) to strengthen its presence in the Central Africa region and the French-speaking African countries…
Two Subsea 7 board members have resigned so that the company can use its vessels for energy development related projects in US waters. The move, which saw Robert Long and Allen Stevens, both US citizens, step down, was to enable Subsea 7…
Hyundai Heavy Industries (HHI) has received a Letter of Award (LOA) from Hess Exploration and Production Malaysia for engineering, procurement, construction, transportation, installation, hook-up, and commissioning (EPCIC) services for the Bergading complex…
Keppel Offshore & Marine subsidiaries Keppel Shipyard and Keppel Singmarine Pte have secured contracts worth a total of S$368 million for North Sea and Caspian Sea projects. Keppel Shipyard has won the contract for the conversion…
Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana and its partners through the execution phase of the Tweneboa, Enyenra and Ntomme (TEN) project, offshore Ghana. WGK will provide subsea, umbilical…
Exploration activity on the Norwegian shelf 'remains vigorous', with 13 new discoveries made this year, according to the Norwegian Petroleum Directorate (NPD). As of 24 June, 33 exploration wells (23 wildcat and 10 appraisal wells) have been spudded and 33 terminated…
The N'Goma FPSO has berthed at Porto Amboim Estaleiros Navais yard (Paenal yard) at Port Amboim in Angola, following a 7331mi voyage (13,577km) from Singapore. Once the FPSO, a conversion project, is complete, it will be relocated to…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
Gazprom Neft subsidiary Gazpromneft-Sakhalin has started drilling an exploratory well in its Dolginskoye field, located 75km off Russia in the Pechora Sea, the operator announced today. It is the fourth well drilled at the site, after two drilled in North Dolginskoye and one in South Dolginskoye…
Statoil announced further delay in developing the Johan Castberg project, postponing final concept selection on the Barents Sea project until 2015. “Unfortunately, the exploration campaign has proven less new oil resources in the Castberg area than expected…
The Leviathan field consortium has signed a preliminary deal with BG Group to export up to 3.75Tcf of natural gas over a 15-year period to the UK major’s LNG plant in Idku, Egpyt, operator Noble Energy announced. Under the terms of the non-binding letter of intent (LOI)…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
The Norwegian Petroleum Directorate has granted Norwegian exploration and development company, Det norske oljeselskap ASA, a drilling permit for well 2/9-5 S. Well 2/9-5 S will be drilled from the Mærsk Giant jackup drilling facility at position 56°24’45…
Three days after the Berkut platform was installed on the Arkutun-Dagi field, Russian Federation President Vladimir Putin gave permission for the platform to begin operations via videoconference. The Arkutun-Dagi field is part of the multi-billion-dollar Sakhalin-1 project…