Petrofac’s Offshore Engineering & Operations (OE&O) business has been awarded two North Sea contracts by GDF SUEZ E&P UK. Valued at £30 million over three years with an additional two year option, the contracts were awarded following a competitive tender process.
Nexans wins turnkey contract to supply and install infield power cables for the Riffgat offshore wind farm. The contract for 33 kV submarine power cables to connect wind turbines to the offshore substation includes ancillary equipment and installation.
Nancy Yamaguchi, Contributing Editor, provides an overview of Japan's energy industry in the wake of the recent earthquake.
Excelerate Energy has won a 15 year time charter deal with Petrobras to provide an FSRU, the vessel, designated as VT3 by Petrobras, will have a capacity of 20 million m3/d.
Total, operator of Block 17, today announced that the giant Pazflor field offshore Angola has come on stream ahead of the initial schedule. The Pazflor field lies 150 km off Luanda in water depths ranging from 600 - 1200 m and has estimated proved and probable reserves of 590 million barrels. The field will gradually ramp up to its full production capacity of 220,000 bpd over the coming months.
According to a new assessment of the Marcellus Shale by the U. S. Geological Survey (USGS), the Marcellus Shale contains about 84 trillion cubic feet of undiscovered, technically recoverable natural gas and 3.4 billion barrels of undiscovered, technically recoverable natural gas liquids.
Daewoo Shipbuilding & Marine Engineering (DSME) has awarded Aker Solutions a contract to supply two drilling equipment packages to the new 'Cat D' drilling rigs the yard is building for the rig operator Songa Offshore.
BP Trinidad and Tobago (bpTT) today announced the start of natural gas production from the Serrette field, offshore Trinidad. Serrette is located in 280 ft (90 m) of water off Trinidad’s south east coast.
Daewoo Shipbuilding & Marine Engineering Co. has won a US$ 280 million deal to build a floating storage and regasification vessel. The vessel will be delivered in 2014.
KBR has been awarded a contract by Hyundai Heavy Industries Co. Ltd. to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) project, to be located west of Shetland Isles in UK waters.
Several State Agencies and WellDog announced today that they have located $11.7 million worth of gas in the Pawnee coal of the Leiter field, which was abandoned and had been slated for plugging by the Wyoming Oil and Gas Conservation Commission.
Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, has initiated a process to divest of its North Texas natural gas producing assets in the Fort Worth Basin located in the Barnett Shale play.
TWMA has been awarded a contract by Maersk Oil to handle and dispose of subsea structures and equipment damaged during the Gryphon FPSO storm incident earlier this year.
How can companies protect their workers in the event of the collapse of governance and civil authority in the countries where it operates?
It could take 9 months to a year for oil production to be fully restored according to the rebel government of Libya, but all existing contracts will be honoured.