More Work In Vietnam For Deep Sea Metro I Drillship
November 4, 2015
Odfjell Drilling has secured more work for the Deepsea Metro I drillship, as Vietgazprom has exercised the first well test period for the vessel. To remind, the Deepsea Metro I began its contract with Vietgazprom in August 2015 in blocks…
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VNG Drills Duster In Norwegian Sea
November 3, 2015
VNG Norge’s Blink exploration well in the Norwegian Sea has failed to unearth oil and gas. The objective of well 6406/12-5 S was to test the hydrocarbon potential of the Upper Jurassic reservoirs analogous to the Pil, Bue, Boomerang and…
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Wison Offshore & Marine Gets $600M Boost
November 2, 2015
Wison Offshore & Marine has been granted a 4-billion-RMB line of credit by China Minsheng Bank (CMBC) to support its new order financing. Converted to US dollars, the loan is worth around $631 million. Cui Ying, CEO of WISON Offshore…
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Chevron Sees First Lianzi Oil
November 2, 2015
Chevron Corporation has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters)…
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Australia: Santos, Quadrant Sell Stag Field To Malaysian Buyer
November 2, 2015
Malaysia’s Sona Petroleum will buy an offshore oil field in Australia from Santos and Quadrant Energy. According to the company’s filing on Bursa Malaysia on Monday, Sona will buy a 100 percent interest in the Production Licence WA-15-L and Pipeline…
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Aibel, Centrica Ink Frame Agreement For Norwegian Fields
November 1, 2015
Centrica Energy Norway has awarded Aibel a frame agreement for Field Development projects on the Norwegian Continental Shelf. The duration of the agreement is five years plus options for an additional five years. All project phases are included in the…
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Apache Strikes Oil In UK North Sea
October 30, 2015
In a slew of third-quarter reports by oil majors this week, informing on profits and revenues drops, a breath of fresh air/oil? has just come from the North Sea. Namely Apache Corporation on Friday said it made “significant discoveries” on…
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Subsea 7 To Support Centrica In NCS Projects (Norway)
October 30, 2015
Subsea 7 has announced the award of a long term agreement with Centrica to provide support to Centrica throughout early phase Concept engineering, FEED, SURF project execution and Life of Field operations on an exclusive basis. The agreement is applicable…
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Eni Finds More Gas In Nile Delta (Egypt)
October 29, 2015
Italian oil company Eni has discovered more gas in the Abu Madi West licence, in the Nooros field, offshore Egypt. The company on Thursday said its well Nidoco NW3, the appraisal well of Nidoco NW 2 Dir discovery, encountered a…
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UMW-OG Provides Jack-up Drilling Rig To Petronas
October 29, 2015
Malaysian company UMW Oil & Gas will provide a jack-up drilling rig to its compatriot oil and gas major Petronas. The jack-up rig assigned for the contract is UMW Naga 7. It will be provided by UMW Offshore Drilling Sdn…
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