ABS said it has been awarded the classification contract from Petronas of Malaysia for the company’s second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a long history working with floating gas concepts, classing the first of
AWE Limited reports that, based on the significant additional work required to mitigate the mechanical difficulties and drill the two sidetracks at Pateke-4H development well, gross pre-completion well costs have increased. The well costs have increased beyond the pre-drilling estimate of USD 55 mil
Noble Energy announced the execution of a non-binding Letter of Intent (LOI) between the Tamar field partners and Union Fenosa Gas (UFG) for the supply of natural gas from Tamar, offshore Israel, to UFG’s existing natural gas liquefaction facilities in Egypt. The LOI contemplates a contract term of
IEV Holdings Limited has announced that its 49% owned associate,IEV Malaysia has completed the decommissioning and towage of an FPSO from offshore Terengganu in Malaysia. The Group executed the project together with EMAS-AMC Pte Ltd, a leading global offshore service provider for the execution of th
CAMAC Energy Inc. announced today that the Energy Searcher drillship, owned by Northern Offshore Ltd., has arrived in Nigeria. After taking on personnel, equipment and supplies, the rig will move to the Oyo Field, where it is expected to commence drilling operations on the Oyo-8 well in mid-May. The
IKM Mooring Services entered into a contract with RWE Dea Norge AS for mooring services for mobile drilling units used by RWE Dea Norge AS on the Norwegian Continental Shelf. The scope of work under the contract include: mooring analysis, rig move/mooring procedures, mooring equipment rental, assist
KrisEnergy Ltd, an independent upstream oil and gas company, announced that Neon Energy will be required to withdraw from the Tanjung Aru production sharing contract, offshore Kalimantan in Indonesia. Under the PSC’s joint operating agreement (“JOA”) KrisEnergy and Neon Energy entered into a deed of
Ceona has completed final outfitting of the Polar Onyx and the Normand Pacific to begin Clients’ Projects in Brazil and the Gulf of Mexico respectively. The successful delivery of the two flexlay and subsea construction vessels marks the conclusion of the first phase of Ceona’s fleet development pro
Ceona has completed final outfitting of the Polar Onyx and the Normand Pacific to begin Clients’ Projects in Brazil and the Gulf of Mexico respectively. The successful delivery of the two flexlay and subsea construction vessels marks the conclusion of the first phase of Ceona’s fleet development pro
InterMoor, an Acteon company, is finalising a joint venture agreement with Century Energy Services Ltd (Century) in Nigeria. This will be a locally registered company and fully compliant with the Nigerian Oil and Gas Industry Content Development Bill, 2010. For InterMoor, securing a joint venture wi
Hyperdynamics Corporation today announced that Tullow Guinea Limited provided notice to the Government of Guinea and the other members of the Consortium that Tullow has lifted, with effect from 3 May 2014, its declaration of Force Majeure under the Production Sharing Contract (PSC) and the Joint Ope
British Columbia Premier Christy Clark and Tan Sri Dato’ Shamsul Azhar Abbas, Group CEO and President of Petronas signed a letter of intent to work collaboratively to secure long-term investments in British Columbia’s LNG industry. “Securing this commitment from Petronas shows that our strategy for
Atlantic Petroleum has announced that during the month of April, Atlantic Petroleum produced a net total of 53,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields. The average daily production was 1,767 boe per day net. Production was lower than in March due to minor
Statoil has received consent to carry out exploration drilling of well 7324/2-1 Apollo in production licence 615 in the Barents Sea using the Transocean Spitsbergen mobile drilling rig. Water depth at the site is approx. 430 metres. Drilling is planned to begin in May 2014, with a duration of around
