Fossil Energy
PTTEP extends academic cooperation with Chulalongkorn University
Thailand’s PTT Exploration and Production Public Company Limited (PTTEP), and Chulalongkorn University (CU), jointly signed the Fourth Amendment Memorandum of Understanding (MOU) to extend the academic cooperation until February, 2016. PTTEP will provide financial support to the research studies rel
Hess transforms into pure-play E&P firm. Sells gas stations
Hess Corporation announced today that it has agreed to sell its retail business to Marathon Petroleum Corporation for a total cash consideration of $2.6 billion. Hess Retail is the largest chain of company operated gas stations and convenience stores along the U.S. East Coast with 1,342 locations.
Adria Winch bags orders from Havyard and Vard
Croatia’s Adria Winch, a company specialized in deck machinery, with production facilities in Split, has recently received two contracts worth around EUR 400.000.
KBR secures FEED contract for Culzean platform
The Maersk Oil UK-operated Culzean project, one of the largest gas discoveries of recent years in the UK North Sea, has taken a significant step forward. Maersk Oil UK and its co-venturers JX Nippon Exploration and Production (UK) Limited and Britoil (BP) have chosen a new standalone facility to dev
IWCF invests in new Montrose O&G safety training base
The International Well Control Forum (IWCF) is investing £200,000 in a new centre to enhance training for IWCF assessors and instructors in their continued mission to improve safety in the oil and gas sector.
BH Global awarded $15M in new contracts
BH Global Corporation Limited has announced that its subsidiaries, Oil & Gas Solutions Pte Ltd (“OGS”) and Beng Hui Marine Electrical Pte Ltd (“BHM”) have won a series of contracts worth S$12.7 million (USD10.1 million) and S$6.1 million (USD4.9 million) respectively. Including these new contracts,
Alvheim FPSO barrier management needs improvement
TPetroleum Safety Authority Norway (PSA) carried out an audit of Marathon’s follow-up of technical and operational barriers for the Alvheim FPSO vessel.
Odfjell Drilling sells stake in PSW
Odfjell Drilling and Dalseide & Fløysand Invest have, as owners of the PSW Group (“PSW”), agreed to sell all shares in the oil service company to Herkules IV.
ROMAR targets Caspian region
Oilfield service company ROMAR International has appointed STEP Oiltools as its agent in the Caspian region, in a two year agreement. STEP Oiltools already promotes ROMAR’s range of magnetic separation products in Norway, South East Asia and the Middle East in a highly successful arrangement between
Zenith Energy appoints business development manager
An Aberdeen-based well engineering and project management company has made a key management appointment as it continues to experience significant growth. Zenith Energy, which was established in 2012, has appointed Steven Miller, as business development manager, following an increase in project num
Eni: Agulha 2 well encounters 25m gas column (Mozambique)
Italy’s oil and gas company Eni has successfully executed the appraisal campaign for the Agulha discovery, located in Area 4 offshore Mozambique. The delineation was carried out through the Agulha 2 well, which was drilled in water depth of 2,603 metres and reached a total depth of 5,645 metres. The
DNS to present new chairman at Decom Offshore 2014
Decom Offshore 2014 ‘Realising Opportunities For All’ takes place on Tuesday, 27 May and is the key event for all levels of industry to explore the major business opportunities available in offshore decommissioning and meet with the decision makers of the North Sea decommissioning industry. The conf
POSH not receiving payments from Mexico
PACC Offshore Services Holdings Ltd. (POSH), a Singapore-based supplier of offshore support vessels to the international oil & gas industry, is having problems with collecting cash in Mexico.
Aqualis Offshore lands several contracts in Aisa
Aqualis ASA has won several new construction supervision, transportation & installation and marine warranty contracts in Asia.