Oil & gas news

Leading international engineering company, PD&MS Group, has secured a trio of contracts worth more than £10 million across three major North Sea late-life projects in the last six months, making the firm the UKCS market leader in the area of engineering and construction of topside modifications for the decommissioning sector.

Ducatus Partners, the leading executive search firm for the global energy industry, has hired Jonathan Verlander as Partner and DeLynn Mitchell as Principal to bolster its US presence.

Union Jack, a UK onshore focused hydrocarbon production, development and exploration company have announced that the Company has signed a Farm-in Agreement for a further 10% licence interest in PEDL253 increasing the Company’s economic interest to 22%.

Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental shelf.

Qatar Petroleum has selected Chiyoda Corporation of Japan to execute the Front End Engineering and Design (FEED) of the onshore facilities of the North Field Expansion.

INPEX CORPORATION announced that through INPEX Browse E&P Pty Ltd (INPEX Browse), a subsidiary, it was individually awarded an exploration permit for Release Area WA-533-P (the Block) as Operator in Australia’s 2017 Offshore Petroleum Exploration Acreage Release.

Anglo African Oil & Gas plc, an independent oil and gas developer, announced that Petro Kouilou, its 100% owned subsidiary in the Republic of the Congo, has finalised a contract with leading oil services company Schlumberger Limited to supply support services for the drilling of the new TLP-103 well on its 56% owned Tilapia oil field ('Tilapia') in the prolific Lower Congo Basin. 

Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, has expanded operations with a new office in Kota Kinabalu, Sabah, Malaysia.

The review centred on strengthening the alignment between variable remuneration outcomes and shareholder experience.

The play opening billion-barrel Jubilee oil discovery in Ghana in 2007 triggered a decade of exploration drilling chasing analogues in the deep water Central Atlantic margins.