Offshore Energy

Dana Gas Signs GPEA in Egypt

Dana Gas’ wholly-owned subsidiary, Dana Gas Egypt, has concluded a Gas Production Enhancement Agreement (GPEA) with the Egyptian Natural Gas Holding Company (EGAS)

N-Sea Completes Inaugural System Diving Scope

Inspection, maintenance and repair (IMR) specialist N-Sea has recently completed its inaugural diving scope with the TUP Diving System (Transfer Under Pressure).

Crude Oil Free Trade is in US Interests

U.S. oil refiners have been among the biggest beneficiaries of free trade in the last decade, so it is ironic some continue to lobby hard to maintain the protectionist ban on crude exports.

Norvestor to Become PG’s Largest Shareholder

Norvestor VI, L.P., a fund advised by Norvestor Equity AS, announced it has signed an agreement to invest in Ing Per Gjerdrum AS including its subsidiaries PG Hydraulics AS and PG Construction AS.

New Acreage in Algeria

Statoil and Shell were today awarded the Timissit Permit Licence in the Illizi-Ghadames Basin onshore Algeria. The licence is located in southeastern Algeria

San Leon Release Interim Results for 1H 2014

  San Leon Energy Plc, the AIM listed company focused on oil and gas exploration in Europe and North Africa today announces its interim results for the six months ended 30 June 2014.

Rosneft Opens New Field in the Kara Sea

  Rosneft and ExxonMobil have successfully completed drilling of vertical wells with a depth of 2,113 meters at Universitetskaya-1 in the Kara Sea. As a result,

OceanWorks Delivers SDFS to Well Containment Firm

OceanWorks International says it has delivered a Subsea Dispersant Fluid System (SDFS) to Marine Well Containment Company (MWCC). The system will be an integral

Oil Major Eni Awarded Egypt Exploration Licenses

Italy-headquartered Eni informs it was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds.

Signet Transports Second LLOG Rig to GofM

On September 14, five Signet Maritime ASD/Z-Drive tugboats, the SIGNET ENTERPRISE, SIGNET RELIANCE, SIGNET MAGIC, SIGNET WEATHERLY, and SIGNET VOLUNTEER successfully

UK's Buzzard Oil Field Online, Ramping Up

Britain's Buzzard oil field in the North Sea is back online and will continue to ramp up production over coming days, a spokeswoman for its operator Nexen, whose parent is China's CNOOC,

Ocean Installer Awarded New Contract

Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million,

Waterjets Manufacturing Comes Stateside

Thrustmaster’s deal with DOEN brings waterjet manufacturing to the United States.   Marine propulsion and thruster manufacturer Thrustmaster of Texas, Inc. announced

Kemp: Time for a Good Sweating in Oil Markets

U.S. demand for petroleum products has experienced an unprecedented and broad-based decline over the last eight years as soaring oil prices have forced consumers

Platts to Adopt Month-Ahead Brent Assessments

Oil pricing agency Platts plans to lengthen the loading period of North Sea crude cargoes it uses in its dated Brent oil benchmark to a full month starting next February.

Container Casulaty Prompts North Sea Platform Evacuation

Royal Dutch Shell said on Monday it is evacuating non-essential staff from a North Sea oil platform after a container unit fell from a crane into the sea but caused no injuries.

Roc Oil Reports Discovery Offshore China

Roc Oil (China) Company, a wholly owned subsidiary of Roc Oil Company Limited (ASX: ROC), advised drilling was completed on the first of two exploration wells in the Beibu Gulf Block 22/12.

AKOFS Offshore Gets Contract Extension from Petrobras

AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil.

Name-Juggling No Handicap as Akastor Nets CSV Contract

Akastor ASA informs that it has commenced trading exclusive of rights to consideration shares in New Aker Solutions, and secured an extension of the CSV 'Skandi Santos' charter the same day.

GofM Shelf Exploration Projects by TGS

TGS informs of the first two ocean bottom projects in the shelf region of the U.S. Gulf of Mexico under its collaboration agreement with FairfieldNodal. The

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