Technip was awarded by LLOG Exploration Offshore L.L.C. a substantial contract for the development of the Delta House field, located in the Mississippi Canyon area of the US Gulf of Mexico. This contract covers the project management, engineering, fabrication, installation and pre-commissioning of m
Black Elk Energy Offshore Operations, LLC, an independent oil and gas company headquartered in Houston, announced the eighth successful project of their 2013 capital campaign in the Gulf of Mexico. Ship Shoal 198 #I-11ST was recently completed and is flowing 252 barrels of oil per day (“bopd”) and 1
Kosmos Energy announced that it has entered into three farm-out agreements with BP plc, covering three blocks in the Agadir Basin, offshore Morocco. Under the terms of the agreements, BP will acquire a non-operating interest in each of the Essaouira Offshore, Foum Assaka Offshore and Tarhazoute Offs
Subsea mooring specialist First Subsea has been awarded a contract by Hyundai and Technip to supply the mooring line connectors for Statoil’s Spar platform in the Aasta Hansteen gas field, in the Norwegian Sea. The platform will be the world’s largest Spar platform and the first of its kind on the N
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C. During the period from 0600 hours (AWST) on 9th October 2013 to 0600 hours (AWST) on 16th October 2013, the
FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue. FMC Technologies’ scope of supply includes su
FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue. FMC Technologies’ scope of supply includes su
Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has signed another lucrative deal adding two more ships to its orderbook. The company announced today in its regulatory filing to the Korea Stock Exchange that it has won an order worth approx $ 1.25 billion for the construction of two drills
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, announces the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60 km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S, operated by RWE Dea Norge AS,
In the National Budget 2014, the Government is proposing continued investment in increased oil recovery and the development of the petroleum industry in northern Norway. Accordingly, the grants to Petoro and the Norwegian Petroleum Directorate will be increased by NOK 6 million and NOK 4 million, re
Wärtsilä, the marine industry’s leading solutions and services provider, is to supply its Wärtsilä 50DF dual-fuel engines and propulsion systems for two liquefied natural gas (LNG) carrier vessels under construction in two Chinese shipyards. The two orders are similar in scope of supply but have bee
Nido Petroleum Limited provides the following update on the upcoming Indonesian drilling campaign in the Baronang and Gurita PSC’s operated by Lundin Petroleum on behalf of the respective PSC joint venture partners. Nido has received government approval from MIGAS of the transfer of the 10% particip
Congressmen Bill Cassidy, M.D. (R-LA) and John Fleming, M.D. (R-LA) proposed the Fiduciary Responsibility and Fairness Act of 2013. This bill ensures the federal government fulfills its fiduciary responsibility of providing services and activities during a government shutdown that have funding deriv
Husky Energy’s disclosure in its June 5, 2013 press release of 20 million barrels of oil from the South White Rose extension is of estimated reserves comprised of 16.8 million barrels of probable reserves and 3.1 million barrels of possible reserves as of December 31, 2012. The development plan amen
