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AMEC Bags $124M Deal for PMC Services for the Umm Lulu Project
Friday, December 06, 2013 AMEC bags a $124 million contract from Abu Dhabi Marine Operating Company to provide project management consultancy services for the Umm Lulu Phase 2 full field development projects offshore United Arab Emirates.
Exillon Gets West Siberia Field Extension
Friday, December 06, 2013 Exillon Energy says it has been granted an extension to its EWS I field in West Siberia.
US Rig Count Increased By 12 This Week to 1,775
Friday, December 06, 2013 Baker Hughes says the number of rigs exploring for oil and natural gas in the US increased by 12 this week to 1,775.
China Private Energy Firm to Invest $4B in Coal-To-Gas
Friday, December 06, 2013 Guagnhui Energy Company will invest $4 billion to turn coal deposits in the Xinjiang region into cleaner-burning gas.
Aramco Unveils New R&D Center in Boston Area
Friday, December 06, 2013 The Aramco Research Center in Cambridge opens as the first of three US-based research and development centers aimed at expanding the global research network and capability of Saudi Aramco.
Swissco Orders 2 AHTS, 1 Fast Utility/Crew Boat for $33.5M from China
Thursday, December 05, 2013 Swissco orders two anchor handling tug supply vessels and a fast/utility crew boat for $33.5 million from yards in China.
Samsung Engineering Inks $770M Deal to Build Gas Terminal in Terengganu
Thursday, December 05, 2013 Samsung Engineering signs a $770 million contract with Petronas Carigali and Hess Exploration and Production Malaysia to build the Terengganu Gas Terminal Development Project in Malaysia.
Tanzania Assures Ophir Energy of Smooth Asset Sale
Thursday, December 05, 2013 Ophir Energy gets assurance from the Tanzanian government that its proposed $1.3 billion sale of natural gas assets will proceed smoothly.
Statoil Awards $1.6B of Contract Options
Thursday, December 05, 2013 Norway's Statoil exercises options worth $1.6 billion with suppliers.
Indonesia Signs First LNG Import Deal as Consumption Grows
Thursday, December 05, 2013 Indonesia has signed its first liquefied natural gas (LNG) import deal, signalling the beginning of a sea change for a country that has been one of the top exporters of the fuel for decades.
Azeri SOCAR to Halt Oil Exports via Russia in February
Thursday, December 05, 2013 Azerbaijan's SOCAR plans to halt oil exports via Russia, opting instead to send its crude through Turkey.
Cairns India Appoints Mike Yeager as Chairman, Operations Review Board
Thursday, December 05, 2013 Cairn India appoints Mike Yeager, the former CEO of BHP Billiton's global petroleum business, as Chairman of the firm's Operations Review Board.
Bumi Armada Wins Lukoil's $262M Contracts to Supply Ice-Class Vessels
Wednesday, December 04, 2013 Bumi Armada wins $262 million contracts from Lukoil to supply three Ice-Class vessels to service offshore platforms in the Filanovsky field in the Caspian Sea, Russia.
Aker Sees Focus on Profitability Begin to Pay Off
Wednesday, December 04, 2013 Aker Solutions says an increased focus on profitability is beginning to pay off after a challenging start to 2013.
Exec: GAIL India in Talks to Buy Stake in Tanzania Assets of Ophir
Tuesday, December 03, 2013 GAIL India is in talks to buy a stake in the Tanzanian assets of British oil explorer Ophir Energy, the Indian company's marketing head says.
Keppel FELS Delivers Jackup La Covadonga to CP Latina
Tuesday, December 03, 2013 Keppel FELS delivers newbuild La Covadonga to CP Latina, with the jackup enroute to Mexico shortly to commence work in support of Pemex's operations.
SBM Offshore Shuffles Senior Management
Tuesday, December 03, 2013 SBM Offshore announces it has reduced the top of its governance structure from three layers to two by removing the Board of Management.
Petrofac Makes Nigerian Collaboration Agreement
Tuesday, December 03, 2013 Petrofac signs a memorandum of understanding with the Nigerian Petroleum Development Company.
Transocean Notes Management Changes
Tuesday, December 03, 2013 Transocean Ltd. announces a new change in management.
Argentina-Repsol Deal on YPF Better than Litigation Says Spain
Tuesday, December 03, 2013 Spanish Secretary of State says a deal between Repsol and Argentina over the nationalization of YPF is preferable to a lawsuit.
Unithai Shipyard Completes Upgrade, Repair on Compact Driller
Tuesday, December 03, 2013 Unithai Shipyard completes upgrading and repairs on Shelf Drilling's jackup Compact Driller, which will soon resume operations in the Gulf of Thailand.
SPE Aberdeen Announces Bursaries for 20 Students
Monday, December 02, 2013 Society of Petroleum Engineers Aberdeen Section to award bursaries amounting to $32,800 to up to 20 students during the 2013/2014 academic year.
Paper: Investor Wants SBM Offshore to Fund Fleet via Partnerships
Monday, December 02, 2013 Centaurus Capital wants marine services firm SBM Offshore to use a more tax-efficient structure to fund its oil storage and production vessels.
Fortune Oil Appoints Acting Chief Executive
Monday, December 02, 2013 Fortune Oil appoints Dr Tian Jun as its Acting Chief Executive.
Former Malaysia PM Mahathir Quits as Petronas Adviser
Monday, December 02, 2013 Former Malaysian PM Mahathi Mohamad quits as an adviser to state-run oil company Petronas.
Keppel Shipyard, Golar LNG in Negotiations for a FSLV Conversion Project
Monday, December 02, 2013 Keppel Shipyard is in negotiations with Golar LNG for a floating storage and liquefaction vessel conversion project.
VARD Secures $65M Contract to Build OSV for Island Offshore
Monday, December 02, 2013 Vard Holdings secures a $65.24 million contract to build an advanced offshore support vessel for Island Offshore.
Maersk Training Appoints Stuart Cameron as UK Managing Director
Friday, November 29, 2013 Maersk Training, an independent A.P. Moller-Maersk company, appoints Stuart Cameron as UK Managing Director.
Swissco Secures $21.5M Charter Contracts for 2 AHTS Vessels
Friday, November 29, 2013 Swissco secures charter contracts, valued at $21.49 million, for two anchor handling tug and supply vessels for work in the Middle East and North East Australia.
Petrofac Launches Subsea Engineering & Consulting Services in Malaysia
Friday, November 29, 2013 Petrofac launches subsea engineering and consultancy business services in Malaysia to tap into the Asia-Pacific offshore market.
NuEnergy to Raise $2.27M Via Rights Issue to Fund Muara Enim PSC Project
Friday, November 29, 2013 NuEnergy Gas plans to raise $2.27 million through a rights issue to fund its development program at the Muara Enim Production Sharing Contract in South Sumatra, Indonesia.
Brazil's OGX Maranhao Changes Name to Parnaiba Gas Natural
Thursday, November 28, 2013 OGX Maranhao, the Brazilian on-shore natural gas producer, has changed its name to Parnaiba Gas Natural, says Eneva SA, one of three companies that owns a stake in the company, in an e-mailed statement.
Spain's Repsol Says Board Backs Preliminary YPF Deal
Thursday, November 28, 2013 The board of Spain's Repsol unanimously agrees to start formal talks with Argentina over a compensation offer for assets Buenos Aires seized last year that could end an 18-month standoff between the two countries.
Acteon Opens Center in Singapore to Support SEA Operations
Thursday, November 28, 2013 Acteon recently opens the Acteon Singapore Operations Center at the Offshore Marine Center in Singapore's Tuas industrial area to support its operations in Southeast Asia.
Pemex Renews Contracts with COSL for Module Rigs COSL1, COSL2
Thursday, November 28, 2013 China Oilfield Services Limited has renewed contracts for module rigs, COSL1 and COSL2, with Pemex at higher day rates.
Report: Japan and Indian Groups May Split 10% in Yamal LNG Plant
Thursday, November 28, 2013 Two groups of Japanese and Indian companies may take a combined stake of almost 10 percent in Russia's Yamal liquified natural gas (LNG) project, which would benefit from broader access to Asian markets from the sale, a newspaper reports.
Mermaid's Units Bags $30M Subsea Services Deals for Work in the Middle East
Wednesday, November 27, 2013 Mermaid Maritime reveals that its business units serving the Middle East clinched $30 million worth of subsea services contracts recently.
Sources: Gulf Consortium in Talks to Buy Dubai Oil Services Firm
Wednesday, November 27, 2013 A group of Gulf investors led by Fajr Capital are in talks to buy Dubai-based oil services firm NPS Energy for up to $700 million, three sources aware of the matter say.
Report: British Engineer Amec Eyeing Foster Wheeler Takeover
Wednesday, November 27, 2013 British engineer Amec is eyeing a takeover of engineering company Foster Wheeler AG in a potential deal that could create an $8 billion energy services group, The Times reports, citing sources.
Sino Gas Raises Funds to Progress Chinese Projects
Wednesday, November 27, 2013 Australian-listed Sino Gas & Energy Holdings reaches out to investors to find funding for its Chinese production sharing contracts.
Delta SubSea Wins IOC Gig Offshore Trinidad and Tobago
Wednesday, November 27, 2013 Delta SubSea was contacted by the IOC with urgent need for IMR work done on its deepwater gas production infrastructure off the coast of Trinidad & Tobago.
Report: France's Total Eyes Gazprom's Baltic LNG Project
Wednesday, November 27, 2013 Total is looking for a stake in Gazprom's future Baltic liquefied natural gas plant after the partners decided to mothball their Shtokman LNG project, Vedomosti daily says.
Vallianz Wins $150M Contracts to Supply PSVs to a Middle East Firm
Wednesday, November 27, 2013 Vallianz Holdings wins $150 million contracts from a Middle East-based company for the charter of platform supply vessels.
OSX Brasil Board Elects Eucherio Rodrigues Chief Executive
Tuesday, November 26, 2013 OSX Brazil, the shipbuilding company controlled by Brazilian tycoon Eike Batista, said that its board of directors elected Eucherio Lerner Rodrigues as chief executive officer.
Cosco's $200M Deals to 2 Build Semisub Accommodation Vessels Take Effect
Tuesday, November 26, 2013 Cosco Corporation reported that contracts, valued at over $200 million, to build 2 semisubmersible accommodation vessels for Prosafe have taken effect.
CIMC Delivers Semisubs OOS Gretha, OOS Prometheus
Tuesday, November 26, 2013 CIMC Raffles held a naming ceremony for two Brazil-bound semisubmersible OOS Gretha and OOS Prometheus at its Yantai yard in China.
Nido Sells Non-Core Assets in the Philippines to Colossal Petroleum
Tuesday, November 26, 2013 Nido Petroleum sells its non-core assets in the Philippines to a Philippine-incorporated resources focused company Colossal Petroleum Corporation.
Fugro to Acquire Australia's Advanced Geomechanics
Tuesday, November 26, 2013 Fugro agrees to acquire Australia-based geotechnical and geophysical engineering and consulting services company Advanced Geomechanics.
Keppel, NUS Set Up $60M Offshore Technology Laboratory
Tuesday, November 26, 2013 Keppel Corporation and the National University of Singapore set up the Keppel-NUS Corporate Laboratory to develop technological solutions for the offshore industry.
Jacobs Engineering Acquires MARMAC Assets
Tuesday, November 26, 2013 Jacobs Engineering Group Inc. announced Tuesday that it has acquired assets of MARMAC Field Services, Inc. (MARMAC) headquartered in Costa Mesa, Calif.
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