Oil & gas news

The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year, surpassing the Company’s initial targeted sales volumes and creating significant additional value.

Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).

The new merged entity would operate under the name Wintershall DEA.

Global mooring specialist Delmar Systems, Inc. has entered a partnership with leading pipelay equipment provider Maritime Developments (MDL), to set up a flex-lay base in the USA.

Touchstone Exploration Inc., has announced that it intends to complete a private placement directed towards United Kingdom institutional investors.

Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38 000 line km over the Perdido Fold Belt.

D&L Oil Tools has unveiled a new design for hydraulically and mechanically-set retrievable tubing anchors/catchers aptly named Trilobite Anchors.

V.Ships Offshore, part of V.Group, has been awarded the contract to provide operations and full technical management of the floating storage and offloading (FSO) vessel – Pertamina Abherka in Indonesia.

Statoil has signed a contract with SBM Offshore for delivery of the turret mooring system on the floating production ship (FPSO) for the Johan Castberg field. The contract is an exercise of an option in connection with the conclusion of a FEED contract with the same company.