Salamander Energy has signed a non-binding heads of agreement with SONA to sell an effective 40% working interest in both the B8/38 concession (containing the Bualuang field) in the Gulf of Thailand and the surrounding G4/50 concession…
UK-based energy analysts Wood Mackenzie have suggested Statoil and its partners use a floating production, storage, and offloading (FPSO) vessel option for on the Johan Castberg development in the Norwegian Barents Sea. The firm undertook an analysis of the project…
UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
Marathon Oil has announced it is no longer marketing its UK business after agreeing a deal to sell off its Norwegian unit. Marathon Oil Norge is to be sold to Norway’s Det norske oljeselskap in a US$2.1 billion cash deal. The sale…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
DOF Subsea has been awarded a contract for installation of the turret mooring and riser system for the Gina Krog FSO by Teekay Shipping Norway. The scope of work includes installation of 12 suction anchors complete with chain/wires, STL buoy hook-up…
Brazilian independent HRT Participacoes em Petroleo SA announced plans to focus on the offshore Polvo field, in the Campos basin. HRT operates the field with 60% interest along with partner Maersk (40%). In 4Q 2013, the National Petroleum Gas and Biofuels Agency (ANP)…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Delivery of the Goliat floating production, storage and offloading (FPSO) platform has been delayed until early 2015, operator Eni Norge announced today. Eni said that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured). The firm operates the semisubmersible Northern Producer FPF…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…
Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication…
A 20-year-old concept is receiving increasing attention in the North Sea as operators look for options to develop marginal fields. The concept is for unmanned production buoys, which could cost-effectively support production from small or marginal fields…
Subscribe
