Fossil Energy
Newfield Exploration Sells Malaysian Subsidiary for $898 Mln
Newfield Exploration Company today announced the signing of a share purchase agreement to sell all of its equity interests in Newfield Malaysia Holdings to SapuraKencana Petroleum Berhad for a total cash consideration of $898 million, which is expected to close in early 2014. The agreement is subjec
Exxon’s Kipper Tuna Turrum Produces First Gas (Australia)
ExxonMobil announced today the startup of the Kipper Tuna Turrum project in Bass Strait. Natural gas production has started from the Tuna field via two new pipelines and oil is being produced from the Turrum field through the new Marlin B platform. Operated by ExxonMobil subsidiary, Esso Australia R
VIDEO: Astilleros Gondán Launches PSV Hull in Spain
On Friday, 18th October 2013, Astilleros Gondán S.A launched the “STRIL LUNA” PSV hull built for the Norwegian shipowner Simon Møkster at its facilities in Figueras (Castropol), Spain. It is an advanced Platform Supply Vessel, model UT776WP designed by Rolls Royce Marine and her main dimensions are
Aegir Sailing Toward Its First Project; Anadarko’s Lucius Field
Heerema Marine Contractor’s new state-of-the-art deepwater construction vessel Aegir has left Rotterdam and is now en route to the U.S. Gulf of Mexico. The news was revealed by Martijn van Wijngaarden last week at the Offshore Energy 2013 Exhibition and Conference. Wijngaarden is a Certification Man
Industry Executives Discuss Arctic Safety at PSA Conference
On Friday 1 November, senior executives from the petroleum industry from Norway and abroad are meeting for a conference at the Petroleum Safety Authority Norway (PSA) on risk management and safe petroleum activities in the High North. The aim of the Arctic Safety – managing risk in the High North co
Bureau Veritas Classes Brazil’s Largest Offshore Production Platform
Petrobras’ P-55 Floating Production Unit (FPU), the largest and the first of this kind entirely built in Brazil, is on its way to the Roncador Field, Campos Basin, where it will be installed in a water depth of 1,790 metres. The column stabilized semi-submersible has a capacity of 180,000 bopd and 6
Commissioning FSRU Toscana Proceeds
The commissioning phase of the regasification plant of OLT Offshore LNG Toscana is on going, in line with the company’s operating program. After successful offloading of the first LNG cargo and with the completion of all safety and environmental checks, the Terminal started to regasify the LNG since
W&T Offshore Buys Gulf of Mexico Acreage from Callon
W&T Offshore, Inc. has entered into an agreement with Callon Petroleum Operating Company (“Callon”) to acquire substantially all of Callon’s exploration and production properties in the Gulf of Mexico. The transaction includes a 15% working interest in the Medusa field (deepwater Mississippi Canyon
Endeavour: Rochelle First Production Imminent
Endeavour International Corporation today announced that its Board of Directors has concluded the strategic review process started in February 2013. The Board of Directors has determined that it is the best interests of shareholders to retain and exploit its existing asset base, with the organizatio
Wood Group to Maintain Gas Turbines at Talisman Sinopec North Sea Platforms
Wood Group GTS has secured a multi-million dollar, five-year contract from Talisman Sinopec Energy UK to provide turbine maintenance support services for 22 Siemens Ruston gas turbines operating on the Buchan, Clyde, Tartan and Flotta installations in the North Sea. Effective from November 2013, the
Ewing Discusses Development Plans at Fort William Underwater Centre
The Underwater Centre in Fort William hosted a visit by the Scottish Government’s Minister for Energy, Enterprise and Tourism, Fergus Ewing yesterday, 21 October. Ewing, who is also MSP for Inverness and Nairn, was visiting the subsea training and trials facility to discuss development plans and see
‘Songa Mercur’ Spuds Ca Ngu-1 Well (Vietnam)
KrisEnergy Ltd., an independent upstream oil and gas company, announces that on 21 October 2013, the Songa Mercur semi-submersible rig began drilling the Ca Ngu-1 exploration well in Block 120 offshore central Vietnam. The Ca Ngu-1 exploration well is planned to reach approximately 1,500 metres tota
DeepOcean Charters Subsea Installation Vessel
DeepOcean AS, a subsidiary of DeepOcean Group Holding BV, has entered into a five and a half year charter agreement starting March 2016 for a new build installation vessel. This key enabler will enhance DeepOcean’s current service offerings in the SURF (Subsea Umbilicals Risers & Flowlines) segment
Shell, Petrobras, Total, CNPC and CNOOC to Develop Super Giant Oil Field ‘Libra’
A consortium of companies, including Royal Dutch Shell plc (“Shell”), Petrobras, Total, CNPC and CNOOC, won today a 35-year production sharing contract to develop the giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The Brazilian regulator, Agência Nacional do Petróle