FMC Technologies awarded $297m contract for BP (Shah Deniz) Stage 2 projectJun 24, 2015FMC Technologies, Inc. has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in addition to the initial order for Well Clusters 1-2 received in 2014 from BP, the operator of the Shah Deniz Stage 2 project.
Assystem UK driving value for the offshore industryJun 23, 2015Assystem successfully presented a paper at the NAFEMS seminar which took place in Aberdeen, demonstrating how Assystem can drive value for the oil & gas industry
Gulf fuel retailing returns to Canada through XTR EnergyJun 23, 2015Gulf Oil International has signed a long-term brand use license agreement with the Canadian XTR Energy Company Limited. The agreement was signed
Gina Krog, largest launch jacket built by HFG, sets sailJun 23, 2015With the sail away on Friday 19 June 2015 Gina Krog, the largest launch jacket ever built by Vlissingen yard of Heerema Fabrication Group (HFG), is ready for installation.
Global Maritime Group designs progressing and expanding with Baoham OffshoreJun 23, 2015Global Maritime Group continues to strengthen relations with Baoham Offshore (HK) Ltd. The building of the first jack-up liftboat based on Global Maritime design is well underway.
OIS awarded North Sea decommissioning contract by Antrim Energy and Centrica EnergyJun 23, 2015Offshore Installation Services (OIS), an Acteon company, has been awarded a contract by Antrim Energy to decommission four subsea wells in the central North Sea.
ECOWAS and Penspen sign contract for a feasibility study in West AfricaJun 23, 2015The Economic Community of West African States (ECOWAS) and international energy services company Penspen announced the completion of contract
Magellan Petroleum updates Poplar and UK Horse Hill projectJun 23, 2015Magellan Petroleum Corporation provided updates on several of its projects. Magellan has completed a detailed reservoir engineering study using data from the CO2-enhanced oil recovery pilot,
NuEnergy Gas spuds CBM exploration well on the Rengat PSC, IndonesiaJun 23, 2015NuEnergy Gas commences drilling for the first exploratory well RE-CBM-01CE at the Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.
Trinity Exploration announces resignation of directorJun 23, 2015Trinity Exploration says that Finian O'Sullivan is stepping down as a non-executive director of the company effective 19th of June.
WPX Energy adds acreage in Gallup oil playJun 23, 2015WPX Energy has completed the purchase of another 14,300 net acres in the San Juan Basin's Gallup oil window from an undisclosed seller for approximately $26 million.
Lansdowne provides schedule update for Midleton prospectJun 23, 2015Lansdowne Oil & Gas says that PSE Seven Heads Limited, the operator of SEL 4/07, and a wholly owned subsidiary of PSE Kinsale Energy Limited
TGS announces participation in Monuments 3D survey, offshore AustraliaJun 23, 2015TGS announces its participation in the 2,500 km² Monuments 3D survey. This survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
Sanchez Energy appoints Senior Vice President, Investor RelationsJun 23, 2015Sanchez Energy Corporation has appointed Jaime Brito as Senior Vice President of Investor Relations, effective June 15, 2015.
Petro Matad updates unconditional status of Mongolia farm-out agreementJun 23, 2015The Board of Directors of Petro Matad is pleased to announce that the final condition to the farm-out becoming unconditional has been waived by BG Group.
Tendeka wins Austrian Sandface completion contractJun 23, 2015Tendeka has secured a contract with an international oil and gas company for the installation of sand face completion technology in Austria.
Union Jack Oil to acquire further interest in PEDL253, BiscathorpeJun 23, 2015Union Jack Oil plc has reached agreement with Egdon Resources plc and Montrose Industries Limited to earn an additional 2% interest in PEDL253, located
Providence provides technical update on Newgrange prospectJun 23, 2015Providence Resources is pleased to provide an update on Frontier Exploration Licence 6/14 ('Newgrange'). Providence Resources (80%) operates FEL 6/14 on
Tullow Oil settles capital gains tax dispute in UgandaJun 23, 2015Tullow Oil plc has settled its Capital Gains Tax dispute with the Government of Uganda and the Uganda Revenue Authority ('URA') with regard to its
Technip UK hosts opening evening to mark National Women in Engineering DayJun 23, 2015Technip will mark National Women in Engineering Day with an open evening at its UK headquarters in Westhill on Tuesday, June 23rd from 6pm-7.30pm.
The EIC brings UK excellence to Brasil Offshore 2015Jun 23, 2015The Energy Industries Council (EIC) is once again hosting the UK Pavilion (Pavilion 3) at Brasil Offshore 2015, supported by UK Trade & Investment (UKTI), the UK government’s international
Clontarf Energy to begin exploration on Peruvian operationsJun 23, 2015Clontarf Energy plc holds a 3% over-riding royalty in Peruvian Block 183 in the central Peruvian forested foothills. This 3% over-riding royalty is capped at US$5 million
Williams to explore strategic alternativesJun 23, 2015Williams says that its Board of Directors has authorized a process to explore a range of strategic alternatives following receipt of an unsolicited proposal to acquire
Mooring Integrity Monitoring in Today’s Market: How BMT is Answering the ChallengeJun 23, 2015The need for mooring integrity monitoring has of late come back under the spotlight, not least because the use of floating production systems in the offshore Oil and Gas industry has been predicted to grow at a significant rate between now and 2017 with a peak in the number of new builds expected to occur in 2016/2017. Recently, an updated industry guideline on mooring integrity has been issued by Oil & Gas UK with the support of operators, contractors and vendors.