Phase 14 of the South Pars field in the Persian Gulf is currently producing 28 MMcm/d of natural gas, according to news service Shana. Pars Oil and Gas Company CEO Mohammad Meshkinfam said installation had finished of platform C and production of sour gas…
FIRST Exploration and Petroleum Development Company has contracted the Aquaterra Energy/Maerlin Nigeria consortium to provide two Sea Swift conductor-supported offshore platforms. Both are destined for the Anyala and Madu fields in Oil Mining Leases 83 and 85 offshore Nigeria, in the Niger Delta basin….
Oil and gas exploration company Tullow Oil has farmed into licences located in the Indian Ocean offshore Comoros. Tullow said on the 29th November that it had agreed with Discover Exploration to farm into Blocks 35, 36 and 37, offshore the Union of the…
On the 29th November it was reported that the Trans Adriatic Pipeline (TAP) and the Trans Anatolian Pipeline (TANAP), being built to ship Azeri offshore gas to Europe, have been connected with a final “golden weld”, which physically connected the two pipelines. TAP, an 878 kilometre…
Japanese offshore drilling company JDC has entered into a drilling contract with Premier Oil for the provision of the Hakuryu-11 jack-up drilling rig. JDC said on the 26th November that the contract was awarded by Premier Oil Natuna Sea B.V. to JDC’s subsidiary company,…
Following an unsolicited takeover offer launched by DNO, oil company Faroe Petroleum has urged its shareholders to reject what it says is an opportunistic offer, which undervalues the company and fails to value Faroe’s prospects as an independent business. DNO, already a significant shareholder…
Saudi Aramco aims to become a global refiner and chemical maker, seeking to profit from parts of the oil industry where demand is growing the fastest while also underpinning the kingdom’s economic diversification. The world’s biggest oil exporter is earmarking US$500 billion to invest…
“It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider shows how Troim has been able take the lead and orchestrate the establishment of his second…
BW Offshore has taken an investment decision for the Tortue Phase 2 project offshore Gabon following successful appraisal drilling on the western flank of the Tortue field. Phase 2 will feature four additional horizontal development wells. The company has placed orders for long-lead equipment…
Subsea cable and connector assembly specialist, Hydro Group, has expanded into a new market with Israeli-based distributor Aretha Technologies Ltd. Aretha Technologies will offer subsea electrical and optical cables, ROV tethers and more from Hydro Group’s extensive product range. Established in May 2018…
