ION Geophysical Corporation has been awarded a seismic data acquisition contract by the Tanzanian Petroleum Development Corporation (TPDC). Under the contract, ION will acquire 4,058 km of 2D seismic, gravity and magnetic data over offshore blocks 4/1B and 4/1C in…

Following Monday’s final nod for the Maersk Oil-operated Culzean field in the North Sea, the Danish firm has started awarding contracts for the development. After awarding Singapore’s Sembmarine a $1 billion contract to build offshore facilities for this high-pressure, high-temperature…

Amec Foster Wheeler has won a three-year Integrated Services Contract (ISC) by Maersk Oil for work in the UK North Sea. The integrated services will start in September 2015 and will run for three years, with the potential for a…

OMV, an integrated international oil and gas company, headquartered in Vienna, appointed Johann Pleininger as the Executive Board member responsible for Upstream as of September 1, 2015. Pleininger will succeed Jaap Huijskes, who decided to resign before the end of…

McDermott has secured a contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia. The U.S. based company said that work on the contract was expected to be executed through the second quarter of 2018. The award…

Erbil, Kurdistan Region, Iraq - Further to the Ministry of Natural Resources communiqué of August 3, 2015 regarding payments to the exporting international oil companies (IOCs) in the Kurdistan Region, we are pleased to confirm that the Kurdistan Regional Council…

French oil company Total will sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million), subject to the customary approvals. “The…

Schlumberger Limited, the world’s largest oilfield services provider, and Cameron, a provider of flow equipment products, systems and services to oil, gas and process industries, today jointly announced a definitive merger agreement in which the companies will combine in a…

Shell has spudded the Portrush exploration well in the Norwegian Sea, Faroe Petroleum, a partner in the PL793 licence said on Wednesday. The Portrush prospect is situated around 10 kilometres south-east of the producing Statoil-operated Njord field (Faroe 7.5%) and…

Houston-headquartered Helix Energy Solutions Group, Inc., an oil and gas services company, has been awarded by Shell a deepwater trenching contract in Parque das Conchas field (BC-10) offshore Brazil. Namely, the Anglo/Dutch oil and gas major Shell, has awarded a…