AGR has been awarded a contract to provide Well Project Management services to Dallas based ‘Hunt Oil’ for the drilling of one exploration well plus one future option well located in offshore Benin. AGR’s Executive Vice President, Ian Burdis, said: “AGR is pleased to continue its working relationshi
Woodside, one of the leading Australia’s independent oil and gas companies, has delivered results for the second quarter of 2014. Recorded sales revenue for the quarter was $1,679 million. Production volumes were 2.2% higher mainly due to higher LNG volumes produced at Pluto. Sales volumes were 7.3%
Black Elk Energy Offshore Operations, an independent oil and gas company headquartered in Houston, Texas has entered into a Purchase and Sale Agreement with Renaissance Offshore, a privately held Houston based oil and gas company. Under the agreement, Renaissance will acquire interests in 9 fields i
The U.S. Army Corps of Engineers, Detroit District, has awarded maintenance dredging contract of the Kewaunee and Manitowoc Harbors, Wisconsin to Roen Salvage Co. Among other things, the 1.25 million worth contract includes maintenance dredging of the Manitowoc and Kewaunee Harbors and other dredge
HARKAND, a leading global name in subsea inspection, repair and maintenance and light construction, has been awarded Nexen Petroleum UK Ltd’s 2014 ROVSV inspection services work along with a longer term frame agreement. The contract marks the first piece of work Harkand has undertaken for the operat
PACC Offshore Services Holdings Ltd. has signed a term sheet with Grupo Pegaso, a Mexican conglomerate. Pursuant to the term sheet, Grupo Pegaso will acquire interests in the Company’s joint ventures in Mexico which are involved in the owning and chartering of offshore support vessels.The parties ar
Mubadala Petroleum, an Abu Dhabi upstream oil and gas exploration and production company, has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia. During the first half of 2014, a high level engagement took place between the U.A.E. a
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high tempera
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high tempera
Det norske oljeselskap has reported revenues of NOK 454 (286) million ($73 million) in the second quarter, where petroleum revenues account for NOK 143 million and other revenues account for NOK 311 million, relating to gain from two asset swaps resulting in a 40% ownership in PL457. Exploration exp
Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new A
Trinity, the leading independent E&P company focused on Trinidad and Tobago, has secured an agreement with Centrica plc to acquire its 80% interests in Blocks 1a and 1b (the “Assets”) offshore the west coast of Trinidad for a headline consideration of US$23 million. The Assets contain four gas disco
TerraSond has been selected by the National Oceanic and Atmospheric Administration (NOAA) to provide hydrographic surveying services anywhere in the U.S under a new five-year contract. Under the new contract beginning in 2015, TerraSond will provide comprehensive, modern hydrographic surveys in assi
Karoon Gas Australia Ltd. has reported that since the last update, the 6‐1/2” hole section was drilled from 4,949mRT to a total depth of 5,220mRT. Final Total Depth of 5,220mRT was reached at 1940 WST on 10th July 2014. Wireline logging operations started on the 12th of July 2014 and are ongoing at