Technip wins two contracts for ultra-deep water fields and helps Petrobras push back subsea frontiers
Jan 7, 2014
Technip was awarded by Petrobras two ultra-deep water contracts for the supply of flexible pipes for the Sapinhoá Norte field and I5 at Lula field (former Tupi field), located in the Santos Basin pre-salt area (Brazil), at a water depth of up to 2,500 meters.

Platform P-55 begins operation in Roncador field
Jan 6, 2014
The Petrobras' P-55 platform, one of the strategic projects in the 2013-2017 Business and Management Plan, started-up the last Tuesday (12/31/13) in Campos Basin's Roncador field. P-55 is part of Roncador's field Module 3 project and will be connected to 17 wells, 11 of which are oil and gas production

Shell boosts its leadership in global LNG with the completion of Repsol S.A. LNG deal
Jan 3, 2014
Royal Dutch Shell plc (Shell) announces the successful completion of the acquisition of Repsol S.A.'s (Repsol) liquefied natural gas (LNG) portfolio outside North America for a headline cash consideration of $4.1 billion.

VARD secures contract from Harkand Group to provide a DSV
Jan 2, 2014
Vard Holdings Limited (VARD) has secured a contract with a new customer, Harkand Group (Harkand), for the design and construction of one Diving Support and Construction Vessel. The value of the contract exceeds NOK 1 billion.

KBR awarded major engineering design contract by BP for Shah Deniz stage 2 project
Jan 1, 2014
KBR announced that it was awarded a contract by BP Exploration (Shah Deniz) Limited to provide detailed engineering and procurement support services for the Shah Deniz Stage 2 Project located in the Azerbaijan sector of the Caspian Sea.

Shell increases interest in offshore Brazil BC-10
Dec 31, 2013
Shell has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. Regulatory approvals have been obtained and Shell will now hold a 73% operating interest.

Gazprom and Wintershall sign Master Agreement to swap assets
Dec 30, 2013
Alexey Miller, Chairman of the Gazprom Management Committee and Harald Schwager, Member of the Board of Executive Directors of BASF, Chairman of the Supervisory Board of Wintershall Holding signed at the Gazprom headquarters a Master Agreement to swap assets

Platts Report: China Oil Demand Contracted 2.1% in November versus a Year Ago
Dec 27, 2013
China's apparent oil demand in November fell by 2.1% to an average 9.9 million barrels per day (b/d) or 40.88 million metric tons (mt) versus year-ago data, according to a Platts analysis of China’s latest government data. The November average marked the second time this year that China’s apparent oil demand has

Dana Gas receives US$ 53 million from Egypt
Dec 26, 2013
Dana Gas has received from the Egyptian Government authorities the payment of AED 194 million (US$ 53 million) from the current total outstanding receivables of AED 1,210 million (US$ 330 million). Payment of $ 42 million has been received in US dollars and the balance in equivalent Egyptian pounds. Including this tranche, during 2013,

Dolphin awarded a significant contract with TGS in Australia
Dec 25, 2013
Dolphin has been awarded a significant contract with TGS in the Great Australian Bight to acquire 8.300 km2 of 3D contract seismic. The high-capacity 3D vessel M/V Polar Duchess will be used for this initial first season of work,

El Paso Pipeline Partners' Unit announces Phase II of liquefaction project at Elba Island LNG terminal
Dec 24, 2013
El Paso Pipeline Partners, L.P. announced that Shell US Gas & Power LLC (Shell), a Royal Dutch Shell plc subsidiary, has given notice to Elba Liquefaction Company, L.L.C. to move forward on Phase II of the jointly-owned natural

Statoil awarded Greenland licence
Dec 23, 2013
Statoil, along with partners ConocoPhillips and Nunaoil, has been awarded block 6 in the East Greenland licence round. Statoil will be operator of the block. Block 6 is located offshore north-east Greenland in a frontier area. Statoil will hold 52.5%, ConocoPhillips

Technip awarded four contracts for life of field services in the North Sea
Dec 20, 2013
Technip was awarded four contracts by Shell UK, Fairfield Energy, Ithaca Energy and TAQA during 2013. As the longevity of fields represents a key challenge for the energy industry, Technip aims to deliver a suite of subsea maintenance

BP Makes Significant Discovery in the Deepwater Gulf of Mexico
Dec 19, 2013
BP has made a significant oil discovery at its Gila prospect, which it co-owns with ConocoPhillips, in the deepwater US Gulf of Mexico. This is BP’s third discovery in recent years in the emerging Paleogene trend in the Gulf of Mexico and reflects

Statoil makes final investment decision on Shah Deniz Stage 2 and announces a 10 % divestment
Dec 18, 2013
Statoil ASA has together with partners in the Shah Deniz consortium in Azerbaijan made a final investment decision for the Stage 2 development of the Shah Deniz gas field, in the Caspian Sea, offshore Azerbaijan.

BG Group reaches key 2013 milestone achieved at Queensland Curtis LNG project
Dec 17, 2013
BG Group announced it had successfully reached a key milestone in development of the Queensland Curtis LNG (QCLNG) project, with first gas transported from the Surat Basin coal seam gas fields onto Curtis Island where the liquefaction terminal is located.

Oseberg – 25 years young and still going strong
Dec 16, 2013
The lifetime of the Oseberg field has doubled thanks to the steady increase in recoverable resources. December markThe lifetime of the Oseberg field has doubled thanks to the steady increase in recoverable resources. December marks the 25th anniversary of the Oseberg field centre.

Cathelco supply ICCP systems for FPSOs Cidade de Maricá and Cidade de Saquarema
Dec 13, 2013
Cathelco are supplying ICCP hull corrosion protection systems for two FPSOs which are being constructed through conversion by SBM Offshore to provide production and storage facilities in the Lula field off the Brazilian coast for a consortium headed by Petrobras.

GeoPark announces fourth new oil field discovery in the Llanos 34 block, Colombia
Dec 12, 2013
GeoPark Limited announce the successful drilling and testing of the new Tigana 1 exploration well in the Llanos 34 Block in the central Llanos basin in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block.

Seismic cooperation in the southeastern Barents Sea
Dec 11, 2013
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry, via the Norwegian Oil and Gas Association, has taken

Statoil and Rosneft move forward with shale oil cooperation in the Samara region
Dec 10, 2013
Statoil and Rosneft signed the Shareholders and Operating Agreement for a joint venture to assess the feasibility of commercial production from the Domanik shale formation.The document was signed by Igor Sechin, President of Rosneft,and Helge Lund, Statoil CEO.

Kongsberg Maritime acquires Embient GMBH and enters into cooperation agreement with Contros GMBH
Dec 9, 2013
Kongsberg Maritime AS a wholly owned subsidiary of Kongsberg Gruppen ASA, has acquired 100% of the shares in Embient GmbH, an independent provider of engineered services, and state-of-the-art equipment

RWE Dea UK acquires licence shares West of Shetland
Dec 6, 2013
RWE Dea has signed an agreement to farm-in to Licences P1932 and P2074, which will allow the company to participate in the drilling of the Mustard prospect in the UK Continental Shelf (UKCS), West of Shetland.

Emerson launches enhanced reservoir modeling software - Roxar RMS 2013
Dec 5, 2013
Emerson Process Management has released Roxar RMS 2013, the latest version of its reservoir modeling software. RMS 2013 now comes with model driven interpretation capabilities and new, innovative solutions