Kurds Pay Oil Companies For Third Month To Maintain Output
December 1, 2015
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…
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ABB Supplies Power Link For Eni’s Goliat
November 30, 2015
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…
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Muhibbah To Build Wellhead Platform For Ophir Field (Malaysia)
November 27, 2015
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…
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Aker Solutions Wins 5-Year Deal With BP (Norway)
November 26, 2015
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).…
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Apache Hands Out Commissioning Contract To Qedi (UK)
November 25, 2015
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…
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Quadrant Spins Drill Bit At Roc (Australia)
November 25, 2015
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.…
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Lundin Spuds Barents Sea Wildcat
November 24, 2015
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…
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Oil & Gas Merger On The Cards In The Falkland Islands
November 24, 2015
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…
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Contract Extension For Java Star Jack-Up Drilling Rig
November 23, 2015
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…
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Eastern Shipbuilding Launches MPSV For Harvey Gulf
November 20, 2015
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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