Fossil Energy
Record 3Q Production for Woodside (Australia)
Woodside, an Australian oil and gas company, announced that record production and sales revenue were achieved in the third quarter, with production volumes of 26.5 million barrels of oil equivalent (MMboe) and sales revenue of US$1,828 million. Woodside recorded a 32% increase in production compared
Duat Field Link for Lewek Emas FPSO (Vietnam)
EOC Limited has been awarded a contract in relation to the FPSO Lewek EMAS from the vessel’s charterer Premier Oil Vietnam Offshore BV. Under the contract, worth up to US$15 million, EOC will provide project management as well as engineering and procurement services for the modification of the Lewek
Eni Hires Sedco Express Rig for $360 Mln (Nigeria)
Transocean, one of the world’s largest drilling contractors yesterday announced it has secured a 20-month contract for its Sedco Express rig. The contract value is estimated at $360 million. The Swiss-based rig owner revealed that the deepwater semisubmersible rig will work for Italy’s oil giant Eni
GALLERY: Steel Cutting for Prelude FLNG Begins in South Korea
Today Shell celebrated the cutting of first steel for the game-changing Prelude floating liquefied natural gas (FLNG) facility’s substructure with joint venture participants, Inpex and KOGAS, and lead contractor, the Technip Samsung Consortium, at Samsung Heavy Industries’ Geoje shipyard in South Ko
Petrobras: Good Quality Oil in Santos Basin
Petrobras has completed drilling well 3-BRSA-1101-SPS (3-SPS-100), informally known as Carioca Norte, located in the pre-salt layer of Santos Basin. Results obtained confirm the presence of light oil in the Carioca region, which had already been confirmed by wells 1-BRSA-491-SPS (discovery), 3-BRSA-
Technip, Heerema Team Up in Ultra-Deepwater Market
Technip and Heerema Marine Contractors (Heerema) announce today that they have signed a worldwide alliance agreement where the two companies will combine their capabilities to help their clients best address the fast growing subsea ultra-deepwater market. Ultra-deepwater projects are expected to be
Seven Viking Launched in Norway
The IMR vessel ‘Seven Viking’, that will be co-owned by Eidesvik Offshore and Subsea 7, was launched from the dock hall at Ulstein Verft on Wednesday 17 October. In her right element, the compact 106.5 m long and 24.5 m wide vessel looks very impressive. The SX148 design will carry out a multitude o
ProSep to Supply Crude Blending Systems for Three Offshore Platforms in GoM
ProSep Inc. has been awarded contracts for the supply of three ProMix proprietary crude blending systems for a total value of approximately $3 million. These compact systems will be installed on three newbuild offshore platforms commissioned by a Latin American producer operating in the Gulf of Mexi
AAR Agrees to Sell TNK-BP Stake for $28 Billion (Russia)
Russian consortium AAR has decided to sell its share in TNK-BP to Rosneft for USD 28 billion, Reuters has reported, citing a source close to the matter. TNK-BP is Russia’s third largest oil company and is parity-owned by UK’s BP and AAR (a consortium of Alfa Group, Access Industries, and Renova). Th
FMC Technologies Wins Another Pazflor Order from Total (Angola)
FMC Technologies, Inc. announced today that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue. The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delive
Tetra Tech Buys ASA Brazil
Tetra Tech, Inc. announced today that it has acquired coastal and oceanographic consulting firm Applied Science Consultoria Ltda. (ASA Brazil) based in Sao Paulo, Brazil. With the acquisition, ASA Brazil has changed its name to Tetra Tech. The firm has about 50 employees and provides oceanic modelin
CPOC, Hess Extend T-6 Contract (Malaysia)
Malaysia’s SapuraKencana today announced that it has, through its subsidiary, Tioman Drilling Company, secured a contract extension for the deployment to and utilisation for the self-erecting tender rig, the T-6. Carigali-PTTEPI (CPOC) and Carigali Hess have decided to extend the T-6 Contract for a
RWE Sells Its Edvard Grieg Interest to OMV (Norway)
RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent [&h
Offshore Workers Kidnapped in Nigeria
Offshore vessels owner Bourbon today confirmed that 7 crew members, 6 Russians and 1 Estonian were kidnapped during the boarding of the Bourbon Liberty 249, which occurred on October 15, 2012 in Nigeria. The other 9 crew members are still onboard the vessel which is heading for the Port of Onne. The