Serica Energy has said a drilling campaign will start offshore Morocco in October. Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively. The well on the Foum Draa block (operated by Cairn Energy…
A plan by ConocoPhillips (UK) and co-venturer Chevron North Sea to develop the central North Sea Enochdhu field has been approved by the UK’s Department of Energy and Climate Change (DECC). ConocoPhillips, operator, expects first production to start in late 2014…
Jumbo announced that it has been awarded a contract by Malaysian pipelay contractor Sigur Ros. Under the contract, Jumbo will oversee transportation and installation of 126 gravity anchor spreads in water depths up to 1400m (4593ft), using the heavy-lift vessel…
Xodus Group gained consent for Europe’s largest tidal energy project in the Pentland Firth at the Scottish Renewables Marine Energy Conference. As lead consultant in the Environmental Impact Assessment (EIA)for the 86MW Phase 1 MeyGen tidal energy project…
The board of directors for Petrobras has approved the sale of 100% of the shares issued by Bogota-based Petrobras Colombia Ltd. (PEC) to Perenco for US$380 million, the company announced on 13 Sept 2013. Petrobras Colombia is selling…
Rialto Energy (Cote d’Ivoire) Ltd signed a memorandum of understanding (MOU) with the Cote d’Ivoire Ministry of Oil & Energy, the state owned oil & gas company PETROCI, and Vitol E&P to replace the existing production sharing contract (PSC) for Block CI-202 with a new PSC on amended terms…
A newly formed UK-focused exploration company has secured US$150 million of funding from Norwegian private equity outfit HitecVision. Oyster Petroleum's management team comprises of Richard Morgan as CEO, along with former colleagues Nigel Platt and David Went…
Electromagnetic Geoservices (EMGS) has received a Letter of Intent to award a contract for a minimum US $8 million for 3D EM data acquisition in West Africa. It is expected that the 3D EM survey program will be performed using the vessel EM leader…
As part of SPE Offshore Europe 2013, ExxonMobil Fuels & Lubricants and Caterpillar Marine & Petroleum Division (CAT) joined forces for an interactive breakfast seminar, hosted by Offshore Engineer’s Paul Hutton. Maintenance and engineering…
Subsea services and technology company Cortez Subsea has been awarded £1.5million of contracts across its pipeline installation and decommissioning services during Q3, 2013. The Aberdeen-based firm has completed the first phase of work on a North Sea floating production…
Directors of Aberdeen-based independent oil exploration and production company Bridge Energy have recommended the approval of a £103 million takeover bid from Norway’s Spike Exploration. The deal would see Spike Exploration acquire the…
Desire Petroleum has said a farm out process on its Falklands acreage has been held back by uncertainty over the timing and scope of the development of the Sea Lion oil field. A lack of a firm date for the mobilisation of a rig to the…
Petroceltic International has announced the successful tie-back of a new production well on the Kaliakra gas field, offshore Bulgaria. The well was completed with a subsea wellhead and connected to the existing Kaliakra pipeline for export via the Galata platform…
Scottish Ministers have approved plans for the first first tidal energy project in Scotland's Pentland Firth. MeyGen's project will be the largest tidal array in Europe when it is built. It will be installed in stages, beginning with a 9MW demonstration project of up to six turbines…
A key differentiator in the proposed energy reform introduced by Mexico’s ruling party, the PRI, is its populist slant, according to a panel of speakers at a seminar hosted by law firm Mayer Brown, which explored the details of the reform…
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