Eni sells a 30% stake in the Shorouk concession, offshore Egypt, to Rosneft
Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant gas field Zohr is located.
Offshore & subsea
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Atlantic Petroleum selected as operator of UKCS Orlando and Kells licences
The appointment remains subject to the approval of the Oil and Gas Authority.
Independent Oil & Gas submits FDP for Blythe Field
The company has submitted the Blythe Field Development Plan in draft format to the Oil and Gas Authority.
LGO Energy provides drilling update on Goudron field
The company has provided an update on plans to recommence production drilling at the Goudron Field in Trinidad following confirmation of the refinancing of the company's loan facility.
Global Marine announces offshore oilfield communications contract with Tampnet
The contract, with work being undertaken in 2018 by one of the Company’s key installation vessels, is designed to further enhance inter oilfield communication networks in the North Sea.
Innovation in oil and gas – industry buzzword or call to action?
Spencer Linsell demonstrates that for innovation to become the norm, a collaborative, industry-wide approach will be key.
ROVOP enjoys a strong recovery in a challenging market
The company enjoyed a record period in the second half of its financial year with sales of almost £10 million and EBITDA of £3.5 million for the six months to September 2016.
TAG Oil reports successful testing at Cardiff and Supplejack
Successful well testing results have demonstrated the possibility for economic production at both wells.
Magseis ASA awarded contract with ConocoPhilips
Magseis awarded a contract from ConocoPhilips for a full azimuth 4D seabed seismic acquisition survey in the North Sea.
Polarcus awarded two projects offshore South America
Polarcus Limited has announced that it has received two Letters of Intent from two undisclosed clients for two additional marine seismic projects offshore South America.
Subsea Integration Alliance awarded deepwater integrated EPCIC contract in GoM
The contract awarded by Murphy E&P is to deliver industry’s longest deepwater subsea multiphase boosting tieback.
CGG achieves near real-time Imaging for offshore Morocco survey
CGG has announced the delivery of near real time imaging results for a 4200 km2 BroadSeis 3D marine seismic survey acquired offshore Morocco.
Statoil: well positioned for a low-carbon future
“In a low-carbon future, we need oil & gas producers who can deliver energy at low cost, with low emissions. Therefore, the NCS will become even more attractive and important,” says Statoil CEO Eldar Sætre.
N-Sea and University of Strathclyde collaborate for innovative subsea project
Funding has been secured to research automation solutions for subsea pipeline inspections.
Polarcus provides Q4 and full year 2016 update
The company expects to report a prefunding level of 120% for the full year 2016, down from previously guided 150%.