AMEC, an international engineering and project management company, has been awarded a detailed design contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, the UK North Sea’s largest gas discovery in the last 25 years. The detail design contract follows on from the FEED work and is valued
Lundin Petroleum has commenced the second well in its 2012 Malaysian drilling campaign with the spud of Berangan 1 exploration well in SB303 Block, offshore Sabah, Malaysia. The well will target hydrocarbons in mid-Miocene aged sands in a faulted anticline in an undrilled sub-basin 10 km to the sout
Canadian Helicopters Group Inc. , an international provider of helicopter transportation and related support services, has announced that its wholly-owned subsidiary, Helicopters (NZ) Limited (“HNZ”) has entered into an offshore oil and gas helicopter support contract with Shell Global Solutions Int
Queiroz Galvão Óleo e Gás (QGOG), the largest Brazilian provider of drilling and production services, announced today that, in partnership with Sete Brasil, signed, on August 3, 2012, a charter and services agreements for three semisubmersible ultra-deep water drilling rigs, named Urca, Bracuhy and
KBR announced today that it has been awarded a FEED contract to perform work for the topsides and hull associated with a new-build, double-sided, single-bottom hull Floating Production Storage and Offloading (FPSO) vessel. The FPSO will be located offshore Angola and FEED is scheduled to start immed
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., has firmed up contracts with Sete Brasil Participações S.A. (Sete Brasil), for the design and construction of five additional semisubmersible (semi) drilling rigs for approximately US$4.1billion, following the Lett
Houston-based BPZ Energy and Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today the successful load out and sail away of the world’s first Buoyant Tower drilling and production platform destined for installation at BPZ Energy’s Corvina field located offshor
Brazil’s oil company Petrobras has reported that its net income for the 1st half of 2012 was 64% lower than a year ago primarily due to the impact of exchange rate depreciation on indebtedness and costs. Operating cash flow in terms of EBITDA, dropped 15%. In the second quarter of 2012, there was a
Technip , a France-based provider of project management, engineering and construction solutions for the energy industry has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central, Southern North Se
Consistent in approaching the strategic Latin American Oil and Gas market and extending its presence in the region,Romania’s GSP Offshore has appointed Mike Autrey Vice President for Latin America. Mike Autrey has considerable management experience, and having worked in Latin America since 1994 as a
KD Marine, specialists in commercial diving for the offshore oil and gas industry, has completed a subsea engineering contract for work on the Sevan Hummingbird Floating Production Storage and Offloading (FPSO) vessel in the North Sea. KD Marine was awarded the seven-figure contract by energy servic
Leading international oilfield service company Expro announces today that it has secured four significant subsea completion landing string contracts in its Europe CIS region for work in 2012, 2013 and beyond. More than $25million worth of new subsea business has been secured in Norway with various k
Paradigm Flow Services has won the Gold Award for Safety from Royal Society for the Prevention of Accidents (RoSPA) in recognition of its approach to the prevention of accidents and ill health. The Inverurie-based firm will be presented with the prestigious accolade at the Occupational Health and Sa
Danish EIVA has signed a contract with Subsea 7 for the use of their online survey and positioning software, NaviPac, on all relevant Subsea 7 vessels. Subsea 7 is a global leader in seabed-to-surface engineering, construction and services contractor to the offshore energy industry worldwide. It has