Italy’s Saipem has been awarded new drilling contracts in Indonesia, Nigeria, the Arabian Gulf and Latin America worth approximately $850 million of which $540 million are related to offshore activity and refer to four different units of Saipem’s fleet.
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On Monday 28 July the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea.
India’s oil firms ONGC and Oil India are reportedly interested to buy a stake in Murphy Oil’s assets in Malaysia.
Export licenses will be denied if products are destined for deep water oil exploration and production, arctic oil exploration or production and shale oil projects in Russia.
A fire broke out Wednesday morning on a Petrobras-run oil production platform, off the coast of Brazil.