Tullow Oil plc announces that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner unit interest (currently 93.1%) and 60% of its Ketch asset (currently owned 100%) in the UK Southern North Sea to Faroe Petroleum (U.K.) Limited. The total consideration is
Air Products signed an agreement with JGC Corporation to provide its proprietary LNG technology, equipment and process license for Petronas’ second floating LNG project (PFLNG 2) to be located off the coast of Malaysia. Air Products’ equipment and technology will be vital in the production of 1.5 mi
Tugs Fairmount Summit and Fairmount Alpine have towed rig ENSCO 5006 safely from Cyprus to Singapore. The Fairmount twins towed the rig over about 13,000 miles. Before the departure off Limasol, Cyprus, both Fairmount tugs performed anchor handling work for the rig. On request of its owners cargo an
GDF Suez E&P UK has reported that the latest milestone in the Cygnus gas field project took place as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park. The beginning of the subsea isolation valve and WYE structures’ journey to the Cygnus site in the So
Air Products, the global leader in liquefied natural gas technology and equipment, has announced the signing of an agreement with JGC Corporation to provide its proprietary LNG technology, equipment and process license for PETRONAS’ second floating LNG project (PFLNG 2) to be located off the coast o
Saipem has been contracted by South Stream Transport B.V. to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline for a total value of approximately €400 million ($552 Mln). The entire offshore South Stream project consists of four parallel g
Statoil Petroleum AS has received consent to use a new compressor and other modified production equipment at Kristin. Statoil is the operator on the Kristin field which is located at Haltenbanken in the Norwegian Sea. Gas from the field is piped to Åsgard Transport and then onwards to Kårstø in Roga
Progress Energy Canada, Pacific NorthWest LNG and Petronas have signed transaction agreements whereby Sinopec, through its affiliates, will acquire a 15 percent interest in Progress Energy’s LNG-destined natural gas reserves in northeast British Columbia and in the proposed PNW LNG export facility o
Aibel announced that during the weekend the Company has started shutdown operations at Oseberg oil field in the North Sea. This also marks the beginning of a hectic period with many shutdowns for Aibel. “Now there will be full activity at both night and day for nearly three weeks,” says Aibel’s shut
Det norske oljeselskap ASA is, as partner in production licence 265, in the process of completing drilling of appraisal wells 16/2-19 and 16/2-19A in the Johan Sverdrup oil discovery. The objective of the wells was to examine the extent and properties of the reservoir rocks in the northernmost part
Ship operator Rix Sea Shuttle has netted a contract at one of Europe’s largest offshore wind farms. The company was awarded the work by Reef Subsea to support their two cable installation vessels at the RWE Innogy Gwynt y Môr development. Gwynt y Môr is one of the largest offshore wind farms current
GE Oil & Gas, Mexico’s state-owned oil and gas company Petróleos Mexicanos (PEMEX), and the Mexico Institute of Petroleum (IMP), have signed a technology collaboration agreement focused on the oil and gas sector, with the sponsorship of Mexico state-owned oil and gas company Petroleos Mexicanos. The
AWE Limited reports that as at 06:00 hours (6.00am NZDT) today the Pateke-4H development well, offshore New Zealand, was at a measured depth of 4,700m and drilling ahead on a horizontal trajectory through the Kapuni F10 sandstone reservoir with an 8 1/2 inch drilling assembly. The reservoir was inte
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has completed 1,700km2 3D seismic survey across its areas of interest offshore Morocco (Chariot 75% (Operator), ONHYM 25% (carried interest). The survey, encompassing ~1,075km2 in Rabat Deep, ~250km2 in Loukos O
