SK Innovation announced on 21 February 2018 that it made oil discovery in the PRMB block 17/03 in the South China Sea.
Production start-up for the F1 well on South Marsh Island Block 71 in the Gulf of Mexico is expected to begin in March 2018.
2000 t process module to be installed on Leviathan Field to recover MEG used for hydrate inhibition.
Schlumberger and Subsea 7 S.A have announced that they have entered into exclusive negotiations to form a joint venture that builds on the success of Subsea Integration Alliance, which was established in 2015.
Dragados Offshore, S.A. has announced the award by Mærsk Oil and Gas of the contract for the Tyra East G & Tyra East H Jackets for the Tyra Future Development Project, both to be installed in the Danish sector of the North Sea.
MX Oil has raised £500 000 before expenses via a placing (the Placing) of 100 million new ordinary shares at a price of 0.5 pence per share (the Placing Shares). The funds raised will enable further development of the Aje project.
EXMAR has announced that its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard.
Dr Daniel Denning, Systems Lead Engineer for Viper Innovations, explains how combined power and monitoring technology is a step-change in the way subsea networks are maintained.
Po Valley Energy Limited has reported an upgrade of its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations Pty Ltd (PVO) as part of the release of an extensive Competent Persons Report (CPR) prepared on PVO, Po Valleys 50% owned Saffron Energy Plc (Saffron) and Appenine Energy. The CPR has been lodged in full with the ASX in conjunction with this release.
Anadarko Petroleum Corporation announced that Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France, S.A., (EDF).