Trinity, the leading independent E&P company focused on Trinidad and Tobago, reported that during the first quarter, Trinity’s net production averaged 3,978 boepd. Key first quarter operating activities included: West Coast Net Q1 2014 production averaged 547 boepd. Trinity has been focused on remed
GasLog said that it has completed the acquisition of three LNG ships from Methane Services (MSL), a unit of BG Group. The company also agreed to acquire an additional three LNG carriers for $468 million from MSL and to charter those ships back to MSL for six-year initial terms on average. “The time
EMAS, the operating brand of Ezra Holdings received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM). Under the terms of the agreement EMAS’s Subsea Services division, EMAS AMC has been nominated to perform the offshore installation of pipelines, umb
Pancontinental Oil & Gas NL has announced an extensive 3D seismic survey has been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 3D acquisition, over approximately of 3,000km2, covers a number of strong “Leads” that have alrea
The Shah Deniz consortium, lead by BP, has awarded more contracts as part of its Shah Deniz 2 development program, offshore Azerbaijan. The contract for the fabrication of the jackets for the two planned offshore platforms, pin piles and subsea structures has been awarded to the consortium consistin
Ocean Installer sells its 70 per cent share in the CSV Normand Vision to its marine partner Solstad Offshore, giving Solstad 100 per cent ownership. The Normand Vision is still committed on a long-term charter with Ocean Installer and the sale does not affect the plans Ocean Installer has for the us
Strainstall UK Limited has announced that the company has been selected to work alongside SBM offshore on the Shell Stones project, an ultra-deep oil and gas development in the Gulf of Mexico which is currently the deepest production facility in the world at approximately 2900 meters. The project in
Following successful conclusion of a design competition, work is well underway at Aquaterra Energy to design, fabricate and install a minimum facilities Conductor Supported Platform (CSP) for South Atlantic Petroleum Benin S. A. (SAPETRO), off the West African coast. The contract was awarded followi
Kongsberg Gruppen ASA (KONGSBERG) has signed a new $253 million revolving credit facility with a syndicate of five banks. The facility has a tenor of five years, plus two one-year extension options. The new facility is for general corporate purposes, and replaces the $167 million revolving credit fa
Parkmead has reported that it has completed the previously announced acquisition of an additional 20 percent interest in UK production licence P.1293 (Block 14/18b ALL), containing the Athena oil field, from EWE VERTRIEB GmbH (“EWE”). Through Parkmead’s acquisition of Lochard Energy Group PLC, compl
AGR has been awarded a new Well Management Services Contract by OMV (Norge). The Contract also covers delivery of other Drilling and Well Engineering services for complete well construction. The Contract is for three years with the option of two further years. AGR has previously worked with OMV on t
Bestobell Valves, part of the President Engineering Group, said it has received a new contract for cryogenic cargo globe valves from the Hudong Zhonghua shipyard in China. The multimillion dollar contract will see the U.K.-based company manufacturing valves for six 174K LNG Carriers. The LNGC have b
Air Products AS in Kristiansand, Norway received its largest order of PRISM® nitrogen systems for shipboard applications in the last 30 years. The order involves retrofitting 25 LNG vessels by replacing a competitive nitrogen system with a new one that incorporates Air Products’ proprietary PRISM® m
Faroe Petroleum has announced a successful Drill Stem Test on the 6406/12-3S Pil exploration well (Faroe 25%), drilled 33 kilometres from the Njord production facility (Faroe 7.5%) in the Norwegian Sea. Highlights: – The well flowed at a stable rate of 6,710 bopd of 37° API oil from a 56/64″ choke p
