Optimarin secures nine vessel AHTS contract with SinopacificFeb 23, 2016Optimarin Ballast System (OBS) has been selected for nine Sinopacific Shipbuilding Group AHTS vessels. The contract win comes on the back of a recent ten unit order from Atlantis Tankers
Empyrean Energy completes sale of Sugarloaf AMI projectFeb 23, 2016Empyrean Energy Plc has reached financial close on 19 February 2016, Houston time, of the purchase and sale agreement with Carrier Energy Partners II, LLC, a Delaware corporation, to dispose
Lukoil granted right to use suboil block in Baltic SeaFeb 23, 2016LUKOIL-Kaliningradmorneft, a wholly-owned subsidiary of PJSC LUKOIL, was granted the right to use a subsoil block of federal significance which includes the D33 oil field in
Fugro to provide offshore survey and positioning services at flagship Angolan projectFeb 23, 2016Under a contract awarded by Technip, Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. The number of vessels as well as the stringent schedule for the work requires complex simultaneous operations.
Described by operator, Total as 'a new frontier in Angolan oil and gas,' Kaombo is a landmark project that presents significant geological and technical challenges.
Cairn acquires additional interest in the Kraken developmentFeb 22, 2016Cairn Energy through its wholly owned subsidiary, Nautical Petroleum Limited, has acquired an additional 4.5% interest in the Kraken development in the UK North Sea
Cluff Natural Resources signs 2 year extension of MOU with HalliburtonFeb 22, 2016Cluff Natural Resources Plc has entered into a further memorandum of understanding (MoU) with Halliburton Manufacturing and Services Limited, to
Wood Group secures further design contract for GWF-2Feb 22, 2016Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 Project
Wood Group PSN reduces UK contractors’ ratesFeb 22, 2016In response to continuing cost and efficiency challenges affecting the UK North Sea oil & gas sector, Wood Group PSN (WGPSN) has declared plans to reduce
Romgaz to relinquish EX29 Est Rapsodia Block in the Black SeaFeb 22, 2016Following the results obtained from exploration operations, ROMGAZ and its partners intend to relinquish the EX29 Est Rapsodia Block in the Black Sea
SkyPower signs PPA to deliver 200 MW of solar energy projects in IndiaFeb 22, 2016SkyPower has signed four Power Purchase Agreements (PPA) with the Indian state of Telangana to build and operate a total of 200 megawatts (MW) AC of solar energy projects.
Chariot Oil & Gas completes 3D seismic programme in NamibiaFeb 22, 2016Chariot Oil & Gas Limited has completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%).
AGR to support Colombia’s development of significant heavy oil resourcesFeb 22, 2016AGR has finalised a contract with Colombia’s Agencia Nacional de Hidrocarburos (ANH) supporting further the company’s growth strategy in the South American region.
Vantage signed agreement for Tungsten ExplorerFeb 22, 2016Vantage Drilling International has signed an agreement for a two-year extension of the Tungsten Explorer contract. The contract is now anticipated to keep
McDermott declares Date of Naming Ceremony for DLV 2000Feb 22, 2016McDermott International, Inc. has plans to conduct the naming ceremony for its new flagship derrick lay vessel, the DLV 2000, at Keppel’s Singmarine Shipyard in Singapore on Thursday, April 14, 2016.
VARD secures new contract for one stern trawler for HAVFISKFeb 22, 2016Vard Holdings Limited has secured a new contract for the design and construction of one stern trawler for HAVFISK ASA (HAVFISK). The contract value is approximately NOK 325 million.
The new vessel will be of VARD 8 02 design. With a length of 80 meters and featuring two separate cargo holds for refrigerated and frozen fish
Wood Group seeks game changing technologies for JIPFeb 22, 2016Wood Group is calling for expressions of interest from technology vendors to support a joint industry project (JIP) which aims to reduce subsea equipment failures
MacGregor signs contracts to supply Pusnes loading systems to China’s Cosco Shipyard GroupFeb 22, 2016MacGregor, a unit of Cargotec Corp, reported that by combining well-proven Pusnes technology in bow loading and offloading systems, the company has helped to develop a solution that enables crude
ExxonMobil declares 2015 Reserves AdditionFeb 22, 2016Exxon Mobil Corporation has added 1 billion oil-equivalent barrels of proved oil and gas reserves in 2015, replacing 67 percent of production, including
Woodside acquires exploration acreage in SenegalFeb 22, 2016Woodside through its subsidiary Woodside Energy (Senegal) Pty Ltd has entered into an agreement with Impact Oil & Gas AGC Ltd to acquire a 65% participating interest in a
OMV presents new 'fit for the future' strategyFeb 19, 2016OMV Executive Board presents the company's new strategic focus for the coming years.
Real Energy begins Tamarama-1 fracture stimulationFeb 19, 2016Real Energy Corporation Limited has commenced field operations in preparation for the fracture stimulation program at Tamarama-1 well,
iSURVEY Singapore awarded marine contract by Solstad OffshoreFeb 19, 2016iSURVEY Pte Ltd of Singapore has been awarded a marine construction support contract by Solstad Offshore Asia Pacific to provide positioning and survey support
Amerisur updates on Colombia-Ecuador interconnector pipelineFeb 19, 2016Amerisur Resources updates on the project to connect the Platanillo field in Colombia with the oil pipeline system in Ecuador, named Oleoducto Binacional Amerisur (OBA).
Statoil awards ISO contract for Sture and KollsnesFeb 19, 2016Statoil has awarded the contract for ISO (insulation, scaffolding and surface treatment) maintenance services at Sture and Kollnes to Prezioso Linjebygg AS. At Kollsnes the contract has been awarded on behalf of the operator Gassco.
Maintenance contracts for all of the company’s facilities are being reviewed and included in the ongoing ISO re-negotiation process.
