First ever oil discovery offshore East Africa verified
Pancontinental Oil and Gas NL has announced that, after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column – the first-ever oil discovered off the East African coast.
SapuraKencana lands $415M worth of contracts in Thailand and Malaysia
Malaysian oilfield services provider SapuraKencana Petroleum Berhad has been awarded two new Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contracts totalling approximately US$415 million.
Ferdinand Magellan: Gusto MSC’s largest drillship design to date
GustoMSC presents the Magellan-class drillship, the next step in deep-water drillship design.
Statoil, ExxonMobil strike gas offshore Tanzania
Norwegian energy giant Statoil has made another high-impact gas discovery offshore Tanzania.
Shell sells $5B worth of Woodside shares
Royal Dutch Shell plc announced the sale of a total of approximately 156.5 million shares in Woodside Petroleum Limited (“Woodside”) representing a total estimated value to Shell of around US$5.0 billion
No FEED for Bonaparte FLNG for now (Australia)
Santos and GDF SUEZ announced that the Bonaparte LNG project will consider other potential development options in addition to the floating LNG concept to develop the Petrel, Tern and Frigate natural gas fields, located 250 kilometres offshore west of Darwin, Australia.
VIDEO: Valemon topside on its way to Norway
The topside destined for the Statoil-operated Valemon field offshore Norway left the Samsung yard in South Korea in the morning of 15. June 2014.