Latest News

PETRONAS Relocates Its Floating Liquefied Natural Gas Facility, PFLNG Satu, To Kebabangan Cluster Field

PETRONAS relocates its Floating Liquefied Natural Gas (FLNG) facility, PETRONAS FLNG (PFLNG) Satu, from the Kumang cluster field, offshore Sarawak, to the Kebabangan (KBB) cluster field, offshore Sabah, on 12 March. The PFLNG Satu will be moored at a water depth of 120 metres in the KBB cluster field, located…


Magseis Fairfield Announces Letter of Award for a Gulf of Mexico Program

Magseis Fairfield announced that it has received a contingent Letter of Award (LOA) for a three months data acquisition program in the Gulf of Mexico. The survey is due to commence in the third quarter of 2019. “The program in the Gulf of Mexico further strengthens our order backlog for…


Borr Drilling Limited (BDRILL) – Contract Award for Two Premium Jack-up Rigs in Mexico

Borr Drilling Limited announced that one of its subsidiaries, in partnership with OPEX Perforadora S.A. de C.V., has received an official award from Petroleos Mexicanos (“PEMEX”) for the delivery of offshore wells in Mexico Under this award, Borr will deliver a total of 9 offshore development wells to their customer…


Eni Announces a New Gas Discovery in the Nour Prospect, Offshore Egypt

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km North of the Sinai peninsula.The Nour-1 New Field Wildcat (NFW), which has led to the discovery, was drilled by the Scarabeo-9 semi-sub…


Johan Sverdrup Living Quarters Topside Ready for Sail-away

With 560 beds the Johan Sverdrup living quarters topside is the largest of its kind in Norway. The fourth and last platform for the first phase of the giant project is now ready for sail-away from Kværner’s yard on Stord to the Johan Sverdrup field, where it will be installed…


Extending Life of Eight Installations

Equinor has received the authorities’ approval for extending the life of eight installations on the Norwegian continental shelf (NCS) during the last three years.Several of these installations were originally scheduled for shutdown already, or in only a few years. Instead, the extensions will give many more years of operation on…


Africa Energy Announces 3D Seismic Program Offshore South Africa

Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, announced the start of a new 3D marine seismic acquisition program over the Paddavissie Fairway on Block 11B/12B offshore South Africa. View PDF version.Jan Maier, Africa Energy's VP Exploration, commented, "We are pleased to…


U.S. Interior Proposes Region-Wide Oil and Gas Lease Sale 253 for Gulf of Mexico

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management Acting Director Walter Cruickshank announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019. The…


Exceed Energy Announces First Contract Offshore Guinea Bissau

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, continues to consolidate its West African presence, by announcing the company’s first contract to be undertaken offshore Guinea Bissau.Awarded by Swedish E&P company, Svenska Petroleum Exploration AB, the project will comprise full well project management services to deliver a deep water…


Rowan Announces Contract with Repsol for the Rowan EXL II

Rowan Companies plc announced that Repsol Exploracion Guyana, S.A. has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana. The contract is for one well beginning in the third quarter of 2019 with a duration of approximately 45 days. The EXL II…


Eni Farms out to Qatar Petroleum a 30% Participating Interest in Tarfaya Offshore Petroleum Agreement, Offshore Morocco

Eni and Qatar Petroleum signed a farm out agreement to enable Qatar Petroleum to acquire a 30% participating interest in Tarfaya Offshore Shallow Petroleum Agreement, comprising 12 exploration blocks in the offshore of Morocco.The agreement is subject to the authorization by the Moroccan authorities.The Tarfaya Area is located in the…


Eni Announces a Major Oil Discovery Offshore Angola

Eni announced a major oil discovery in Block 15/06, in the Agogo exploration prospect, in Angola’s deep water. The new discovery is estimated to contain between 450 and 650 million barrels of light oil in place with further upside.The Agogo-1 NFW well, which has led to the discovery, is located…


Oceaneering Secures Integrity Services Contract Extension from Equinor

Oceaneering International, Inc. has secured a contract renewal from Equinor, which covers the provision of maintenance, reliability and integrity management.The contract, which was originally awarded to Oceaneering’s integrity business in 2005 and competitively tendered again in December 2013, is extended until December 2020. Under the agreement, Oceaneering will provide support…


Curlew Decommissioning Programmes have now been Approved

Curlew B&D and Curlew C Decommissioning ProgrammesFor more information the Shell report can be found here.


ASCO Awarded Contract Extension by Aker BP

ASCO announced it has secured a contract extension with the leading oil exploration and development company, Aker BP ASA, as it continues to strengthen its partnerships in Norway.The contract extension will see ASCO continue to deliver integrated supply base management, transport and freight management, and logistics services for Aker BP…


i3 Energy plc: Proposed Placing to Raise Minimum c.£16 million

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announced its intention to issue new ordinary shares of £0.0001 each in the Company via an accelerated bookbuild to raise in aggregate gross proceeds of not less than £16 million at a price of…


Hydrocarbon Discovery for Murphy at Cholula-1 Offshore Mexico

US independent Murphy Oil has encountered oil and gas in its Cholula-1 well in the Salina del Istmo Basin offshore Mexico, though further drilling will be required to confirm commerciality. Murphy was targeting gross mean resources of 220mmboe in the Upper and Lower Miocene and partner Ophir Energy has indicated…


Okeanus Provides Equipment for Terrasond's High Resolution Geophysical Survey Project

Okeanus Science & Technology, LLC (Okeanus), an established marine equipment and engineering service provider, announced that it provided equipment to marine survey leader TerraSond in support of its recent Wind Farm survey work off of the East Coast of the United States.“Okeanus is proud to provide TerraSond the tools necessary…


Fugro Strengthens Integrated UXO Services for Offshore Renewables in Europe

Fugro is further strengthening its leading position as an unexploded ordnance (UXO) service provider with a recent multimillion-Euro contract award from TenneT. The Geo-data specialist is now set to commence integrated UXO services at an offshore wind farm development in Dutch coastal waters; the contract follows previous involvement in route…


Dry Well North of the Vilje Field in the North Sea – 25/1-13

Wellesley Petroleum AS, operator of production licence 871, is in the process of concluding the drilling of wildcat well 25/1-13.The well was drilled about 20 kilometres north of the Vilje field and 220 kilometres northwest of Stavanger.The objective of the well was to prove petroleum in reservoir rocks in the…