Oil & gas news
Forum seals Mojave ROV deal with Norwegian firm
Forum Energy Technologies, Inc. has delivered a Remotely Operated Vehicle (ROV) to ESEA Submarine AS to perform a variety of offshore roles, including inspection, survey and salvage work.
Equatorial Guinea: bidding period extended, winners to be announced at Africa Oil & Power in June 2017
Equatorial Guinea has extended the official closing date of the EG Ronda Licensing Round to April 28, 2017. Responding to a wave of new exploration interest, the government wants to give companies more time to participate.
MOL Group posts almost US$1 billion profit in 2016
The company significantly outperformed its initial US$2 billion target for 2016 and delivered a clean CCS EBITDA of US$2.15 billion, which is only moderately down compared with the previous year.
ABS expands subsea services team
ABS has expanded its subsea services team to deliver specialised validation and verification services for subsea systems, including subsea hardware, flowlines, umbilicals, and risers.
Snake-arm robot to showcase offshore inspection capabilities at ITF event
Delegates at this week’s ITF Technology Showcase will be given an insight into how a novel snake-arm robot could take offshore inspection to a new level ahead of its first trial with Chevron.
Gabon: Total sells interests in mature fields to Perenco and optimises operations
Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. The transaction is subject to approval by the authorities.
LGO Energy: Trinidad drilling update
LGO can confirm that Rig#18 has now been successfully mobilised to the Goudron Field where it has been contracted to drill at least two infill wells to the Mayaro Sandstone reservoir.
Roxi Petroleum: proposed merger
Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, has announced that it will be posting to Shareholders a Circular regarding a proposed merger in respect of the Company's Eragon Assets.
L&N Scotland upgrades to new ISO standard
L&N Scotland, an Aberdeen-based subsea manufacturer, has announced that it has been successful in upgrading its ISO 9001:2008 certification to the new International Quality Standard ISO 9001:2015.
Noble Energy sanctions Leviathan project offshore Israel
Noble Energy, Inc. has announced that it has sanctioned the first phase of the Leviathan natural gas project offshore Israel, with first gas targeted for the end of 2019.