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Archive of industry news from the global offshore industry

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September 2014

Top

Inpex to sell 25% stake in Deepwater Block S offshore Malaysia to Santos
02 September 2014 Inpex Offshore Northwest Sabah, a unit of Inpex, has signed an agreement with major Australian oil and gas exploration and production company Santos to transfer a 25% participating interest in...

Lundin starts 33/12-10 S exploration well drilling in Norway
02 September 2014 Lundin Petroleum has commenced drilling on the 33/12-10 S exploration well in PL631on the Vollgrav South prospect in the northern-region of the North Sea,...

Oil drops below $102 on strong US dollar
02 September 2014 Brent crude dropped below $102 a barrel today amid a strong US dollar and oil demand fears in China and...

Magseis wins seabed seismic acquisition contract from Hess Denmark
01 September 2014 Norwegian geophysical firm Magseis has secured a contract from Hess Denmark for the seabed seismic acquisition in the southern part of the Danish North...

Lundin completes 16/4- 8 S appraisal well drilling in Norway
01 September 2014 Lundin Petroleum has completed drilling the appraisal well 16/4- 8 S in the Luno II discovery, offshore...

Brent drops below $103 on increased supplies
01 September 2014 Brent crude oil dropped below $103 a barrel today amid increased supplies and slowdown in manufacturing growth in Europe and...

August 2014

Top

Wärtsilä to support Harvey Gulf’s liquified natural gas offshore supply vessels
29 August 2014 Wärtsilä has signed a five-year maintenance agreement to support Harvey Gulf International Marine's liquified natural gas offshore supply...

Chariot Oil & Gas secures new licences, offshore Namibia
29 August 2014 Chariot Oil & Gas has secured new licences for Blocks 2312 and 2412A (the Central Blocks) and Southern Block 2714A, offshore...

Oil price drops to $102 amid ample supplies
28 August 2014 The price of brent crude oil dropped to $102 a barrel due to ample supplies and weak economic...

Energean Oil & Gas starts $225m investment programme in north-west Greece
28 August 2014 Energean Oil & Gas has started a new $225m investment programme to develop 30 million barrels of reserves in Kavala, north-west...

FAR confirms oil samples in FAN-1 exploration well, offshore Senegal
28 August 2014 Oil and gas explorer FAR has confirmed oil samples in the FAN-1 exploration well, offshore...

Brent crude oil recovers to touch $103 a barrel
27 August 2014 Brent crude oil increased to $103 a barrel on Wednesday, indicating a recovery from last week's 14-month...

TGS acquires 3D multi-client survey offshore Sierra Leone
27 August 2014 Norway-based geoscience data firm TGS has acquired a 3D multi-client survey offshore Sierra...

Shell finds more gas at offshore Malaysian well
27 August 2014 Shell has discovered more gas at its Marjoram-1 well, which is located 180km off the Malaysia coast in Block...

Jacka unveils first oil reserves for Aje field development, offshore Nigeria
26 August 2014 Oil and gas exploration firm Jacka Resources has unveiled the first oil reserves for the Aje field development, offshore...

Brent crude inches to $103 despite pressure on supply
26 August 2014 Brent crude increased to $103 a barrel today amid persistent pressure of ample supply and weak economic growth in major consumer...

Hallin Marine completes COOEC’s mooring lines replacement work in China
26 August 2014 Hallin Marine has completed the replacement of nine mooring lines for a subsidiary of China Offshore Oil Engineering Company...

Eni and BP start gas production at offshore Egypt project
22 August 2014 Italian energy firm Eni has started production at the offshore Denis-Karawan (DEKA) gas project in Egypt through its partnership with...

Oil trades below $103 on ample supplies
22 August 2014 Brent crude oil futures traded below $103 a barrel today due to ample supplies and a strong...

Eni Norge awards Goliat contract to IKM Testing
22 August 2014 IKM Testing has secured a frame contract to provide pipeline and process services for Eni Norge’s Goliat field in the Barents...

Statoil awards completions framework contract to Omega Completion Technology
22 August 2014 Norwegian energy firm Statoil has awarded a completions framework contract to UK-based Omega Completion...


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