Top Stories Transocean rig contracts worth $209 mln

Transocean rig contracts worth $209 mln

Transocean Ltd. has issued a comprehensive Fleet Status Report which provides the current status and contract information for the company’s entire fleet of offshore drilling rigs. The total value of new contracts since the March 17,...

April 17 2014 / Read More »
BP’s former employee charged with insider trading

BP’s former employee charged with insider trading

The Securities and Exchange Commission has charged a former 20-year employee of BP p.l.c. and a senior responder during the 2010 Deepwater Horizon oil spill with insider trading in BP securities based on confidential information...

April 17 2014 / Read More »
McDermott secures spoolbase in Hartlepool for North Sea projects

McDermott secures spoolbase in Hartlepool for North Sea projects

McDermott International, Inc. has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available...

April 17 2014 / Read More »
Schlumberger 1Q revenue rises to $11.24B

Schlumberger 1Q revenue rises to $11.24B

Schlumberger Limited today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.57 billion in the first quarter of 2013. Income from continuing operations...

April 17 2014 / Read More »
Woodside: 1Q Production rises. Browse FLNG FEED expected in 2H 2014

Woodside: 1Q Production rises. Browse FLNG FEED expected in 2H 2014

Woodside Energy, an Australia-based oil and gas producer, today announced its 1Q 2014 output volumes rose 5 percent, compared to the same period in 2013. The company said that production rose due to the restart...

April 17 2014 / Read More »
Pallone: Seismic surveys off New Jersey could wreak havoc on marine life

Pallone: Seismic surveys off New Jersey could wreak havoc on marine life

Congressman Frank Pallone, the U.S. Representative for New Jersey’s 6th congressional district, yesterday visited the Belford Seafood Cooperative to highlight the potentially damaging impacts of seismic testing off the coast of New Jersey. Congressman Pallone specifically...

April 17 2014 / Read More »
Drilling starts at FAN-1 well offshore Senegal

Drilling starts at FAN-1 well offshore Senegal

Drilling has started on the offshore exploration well, FAN-1, offshore Senegal in which FAR Ltd holds a 15% interest (Cairn Energy PLC 40%, ConocoPhillips 35%, Petrosen 10%). The well will test a stacked fan structure...

April 17 2014 / Read More »
Delek, partners bid to supply Leviathan gas to Cyprus

Delek, partners bid to supply Leviathan gas to Cyprus

On April 14, 2014, a proposal was submitted by Delek Group’s gas partnerships for the supply of natural gas through pipeline from the Leviathan reservoir in a tender published by the Government of Cyprus through...

April 17 2014 / Read More »
Headlines

Keppel: 1Q profit down. CEO confident about future jack-up orders

Singapore’s offshore rig builder Keppel Corp, today reported a decrease in its first quarter 2014 net profit.   The company’s net profit was S$339...

Apr 17 2014 / Read More »

Report: $41 billion in oil & gas deals in 1Q 2014

PLS Inc., a leading Houston-based research, transaction and advisory firm, in conjunction with its international partner Derrick Petroleum Services, reports that global upstream oil...

Apr 17 2014 / Read More »

ACEP worried about alleged Ghana Energy Minister’s signature forging

The Africa Centre for Energy Policy (ACEP) said it was worried that Ghana’s oil and gas industry may be exposed to international ridicule following...

Apr 17 2014 / Read More »

Total finds oil offshore Cote d’Ivoire

Canadian Natural Resources Limited has announced that the Saphir-1XB well has encountered an accumulation of light oil in the deepwater frontier exploration play in...

Apr 17 2014 / Read More »

Shell makes gas discovery offshore Malaysia

Shell today announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was drilled to...

Apr 17 2014 / Read More »

Maersk’s drillship on its way to GoM from SHI shipyard

Maersk Drilling’s second drillship, Maersk Valiant, was delivered Wednesday 16 April 2014 from the Samsung Heavy Industries shipyard in Geoje-Si, South-Korea. Maersk Valiant has...

Apr 16 2014 / Read More »

Saipem grabs two FPSO contracts offshore Angola

Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth...

Apr 16 2014 / Read More »

CIMC Raffles delivers ‘HYSY 932′ jack-up rig to COSL

On April 16, 2014, CIMC Raffles delivered the “HYSY 932″ jack-up drilling rig to China Oilfield Services Limited (“COSL”) in Yantai, Shandong.  “HYSY 932″ will...

Apr 16 2014 / Read More »

Large wave damages Ensco 8506 rig in Gulf of Mexico

The Coast Guard is overseeing response efforts for an offshore drilling rig that began taking on water into a ballast tank after a large...

Apr 16 2014 / Read More »

Technip, Heerema secure $3.5B Kaombo contract from Total

Technip and Heerema are taking part in the development of Total’s Kaombo project offshore Angola. The consortium, comprising Technip and Heerema Marine Contractors (Heerema),...

Apr 16 2014 / Read More »




Also in the News

Wessex in talks to acquire Far East offshore assets

Wessex in talks to acquire Far East offshore assets

Wessex Exploration PLC, the hydrocarbon exploration company, is now in advanced discussions with the vendors of a company holding an interest in a prospective offshore asset in the Far East, which the Directors believe is capable of near-term production. The acquisition, to be paid for by...

Apr 17 2014 / Read More »

DNV GL CEO honored with Lifetime Achievement Award (UK)

DNV GL CEO honored with Lifetime Achievement Award (UK)

DNV GL Group President and Chief Executive Officer Henrik O. Madsen received the coveted Lifetime Achievement Award at the Seatrade Awards in London this week. Recognised for his ‘inspirational leadership’ Henrik O. Madsen was presented the award in the presence of HRH The Princess Royal,...

Apr 17 2014 / Read More »

Rise in drilling activity to cause oilfield chemicals market to reach $40 bln

Rise in drilling activity to cause oilfield chemicals market to reach $40 bln

Global Industry Analysts has announced the release of a comprehensive global report on Oilfield Chemicals markets. Global market for Oilfield Chemicals is projected to reach $40 billion by 2020, driven by growing demand for energy worldwide, and the ensuing rise in drilling activity in unconventional...

Apr 17 2014 / Read More »

Gauthiers’ opens doors to new facility

Gauthiers’ opens doors to new facility

Gauthiers’, a Lafayette-based supplier of oil and gas industry containers and support equipment, has announced that the company has officially opened the doors to its newly relocated and expanded Houma facility. By moving to a larger, six-acre property, and constructing a new facility on Highway...

Apr 17 2014 / Read More »

MOG: Medoilgas Italia’s Ombrina Mare appeal rejected

MOG: Medoilgas Italia’s Ombrina Mare appeal rejected

The Board of Mediterranean Oil & Gas Plc announces that, following the tribunal hearing held on 9 January 2014 in Rome, the Lazio Regional Administrative Court has rejected the appeal filed by Medoilgas Italia S.p.A, a wholly owned subsidiary of MOG. This appeal was aimed...

Apr 17 2014 / Read More »

WHL Energy: New director brings in 25 years of upstream experience

WHL Energy: New director brings in 25 years of upstream experience

Australian energy company WHL Energy Limited has named a senior oil and gas executive Jeffrey Schrull as a Non-Executive Director to the WHL Board. Schrull has over 25 years of senior experience in the upstream E&P business, with a particularly strong and successful working history in Africa....

Apr 17 2014 / Read More »

OSD-IMT designs vessels for Swire Pacific Offshore

OSD-IMT designs vessels for Swire Pacific Offshore

Swire Pacific Offshore (SPO) is a Singapore-based global service provider to the offshore oil and gas industry. It currently owns and operates 84 offshore support vessels. By 2015 the company will have a total of 100 vessels in its fleet and 34 of them are...

Apr 17 2014 / Read More »

Gardline CGG wins three offshore survey contracts

Gardline CGG wins three offshore survey contracts

Gardline CGG, a Singapore-based joint venture company between Gardline Geosurvey and CGG, has informed that the M/V Duke survey vessel has been awarded three contracts for 2D seismic survey and geochemical sampling with major companies in Australia and South East Asia. The contracts have a combined...

Apr 17 2014 / Read More »

Airborne Oil & Gas wins flexible risers contract

Airborne Oil & Gas wins flexible risers contract

Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea™. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation, injecting stimulation fluids into subsea wells. The smooth bore TCP concept...

Apr 17 2014 / Read More »
Popular articles

Unions: Chevron keeping head in sand over Gorgon costs

Unions: Chevron keeping head in sand over Gorgon costs

The Maritime Union of Australia (MUA) has joined forces with the International Transport Workers’ Federation (ITF) in a global campaign to, as they say, build awareness over delays and cost overruns on Chevron’s Gorgon LNG project in Australia. The MUA says that the Australian Mines...

Apr 15 2014 / Read More »

Heerema completes Cygnus Alpha topsides

Heerema completes Cygnus Alpha topsides

Heerema Fabrication Group has completed construction of the Cygnus Alpha topsides structure which will be a part of an offshore platform installed at the Cygnus field, in the UK North Sea. The 1,640 tonne Cygnus Alpha Wellhead topsides is now at Heerema’s Hartlepool yard loaded on...

Apr 15 2014 / Read More »

BOEM offers 21mln acres offshore Texas

BOEM offers 21mln acres offshore Texas

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management Director Tommy P. Beaudreau has announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas...

Apr 15 2014 / Read More »

Talisman evaluating Yme alternatives

Talisman evaluating Yme alternatives

Talisman Energy needs more time to decide on an alternative development option for the Yme field in the North Sea. Talisman, the operator of the field, and SBM offshore, the supplier of the troublesome Yme production platform, last year agreed to decommission the platform after...

Apr 15 2014 / Read More »

Aker Solutions awarded $2.3B Kaombo subsea contract (Angola)

Aker Solutions awarded $2.3B Kaombo subsea contract (Angola)

Aker Solutions secures a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32 ...

Apr 15 2014 / Read More »

Shell tests Prelude FLNG’s loading arms (VIDEO)

Shell tests Prelude FLNG’s loading arms (VIDEO)

Join engineer Cris Moreno as he travels to France to see Prelude’s innovative offloading arms tested for the first time. Cris Moreno has a big job on his hands.   His task is to make sure Shell’s Prelude FLNG project can transfer its liquid cargo in...

Apr 14 2014 / Read More »
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