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The Kurdistan Regional Government paid international oil companies operating in the Iraqi autonomous region for a third consecutive month, disbursing funds that it says will allow production to be maintained. Payments will improve when exports increase or the oil price…
ABB, a Swiss-based power and automation technology group, has commissioned a subsea power link for Eni Norge’s field in the Barents Sea. The power link will supply power from the Norwegian grid to the new Goliat Floating, Production, Storage and…
Malaysia’s Muhibbah Engineering has been awarded a contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of a wellhead platform for the Ophir oil field offshore Peninsular Malaysia. The contract has been awarded by Ophir Production, a joint venture…
Aker Solutions has won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion ($369.5 million).…
Qedi, Amec Foster Wheeler’s completions and commissioning provider, has been awarded a commissioning contract from Apache North Sea. The contract is for the brownfield modifications on all of the Apache’s North Sea assets. According to completions and commissioning provider, this…
Quadrant Energy, an Australian oil and gas company, has started drilling the Roc-1 well, offshore Australia. The Roc-1 well is located in licence WA-437-P, offshore Western Australia, and adjacent to the recent Phoenix South-1 oil discovery by Apache, in November.…
Lundin Petroleum, an independent oil and gas exploration and production company, has started drilling of exploration well 7130/4-1 on the Ørnen prospect, in the Barents Sea, offshore Norway. The well 7130/4-1 will explore the Ørnen prospect in PL708, located on…
Rockhopper and Falkland Oil & Gas Limited (FOGL), two oil and gas companies with assets offshore the Falkland Islands, are contemplating a merger. The boards of the two companies have reached agreement on the terms of a recommended all-share merger…
Singapore’s KS Energy has secured a contract for a jack-up drilling rig in Indonesia. According to a Singapore Stock Exchange filing on Friday, the company, has via subsidiary KS Drilling, won a deal for the “KS Java Star” jack-up drilling…
Eastern Shipbuilding Group has launched the Multi-Purpose Service Vessel (MPSV) Harvey Sub-Sea for Harvey Gulf International Marine. According to Eastern Shipbuilding’s announcement, the event was held on November 6, 2015, at its Allanton facility in Florida, U.S.A. During the ceremony,…
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