AGR awarded drilling services contract by Lundin
AGR has been awarded a three year frame agreement with Lundin Norway AS for drilling services on the Norwegian continental shelf, plus two one year options.
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AGR has been awarded a three year frame agreement with Lundin Norway AS for drilling services on the Norwegian continental shelf, plus two one year options.
There are still ongoing security issues in Libya, which are likely to slow down attempts at getting oil production back up to pre-conflict levels.
“Despite a long-term decline in oil & gas production in the North Sea, its services and support industry has a bright future,” said John Westwood, Chairman of energy business advisors Douglas-Westwood, in Aberdeen this week.
Russia is preparing to cut-off Ukraine’s gas supply if it refuses to honour the terms agreed in 2009, Ukraine has already signalled that it believes the terms are bad for national interests.
Total has made a major gas discovery in the Caspian Sea in the Absheron block offshore Azerbaijan. The Absheron X-2 well has encountered more than 500 ft of cumulated net gas pays within high quality sands on the northern flank of a major 270 km2 structure. Reservoirs are expected to extend over the entire northern part of the structure.
Subsea 7 S.A. has been awarded a SURF contract valued at approximately US$ 60 million from Det norske oljeselsakp ASA, for tie-back of two satellite wells in the Jette field to the Jotun B platform.
The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.
The US Department of Energy (DOE) has awarded US$ 38 million over three years for projects to accelerate the development of promising geothermal energy technologies and help diversify America's sources of clean, renewable energy.
Technip, in consortium with NPCC, has been awarded an EPC lump sum contract by ZADCO, worth a total of approximately US$ 500 million, for the Satah full field development project.
RBG has secured a two year contract extension worth £30 million to provide Apache with fabric extension and deck crew services.
State-owned China National Petroleum Corp (CNPC) has won the rights to explore and produce oil in the Kashkari, Bazarkhami and Zamarudsay blocks of the Amu Darya basin in northwest Afghanistan.
Chiyoda has been awarded a maintenance contract by Qatargas covering maintenance of seven LNG production lines in Qatar.