News Archive Filter

RIG SCRAPPING: UP TO 340 OFFSHORE UNITS

August 25, 2017

With utilization levels at just over 50% for all rig types and over 130 newbuild rigs stranded or under construction, the need for an increase in rig ...

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KRIS ENERGY TO DEVELOP BLOCK A OFFSHORE CAMBODIA

August 24, 2017

The Royal Government of Cambodia and KrisEnergy announce the signing of fiscal and technical agreements for the nation’s first oil field development...

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NIGERIA: SHELL STARTS PRODUCTION AT GBARAN-UBIE

August 24, 2017

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger...

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LUKOIL LAUNCHES SOUTH-WEST GISSAR IN UZBEKISTAN

August 24, 2017

Lukoil has reached a progress milestone at its South-West Gissar project in Uzbekistan as it successfully launched the main production and process fac...

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VOPAK EXPANDS IN PENGERANG, MALAYSIA

August 24, 2017

Royal Vopak and its joint venture partners intend to expand their independent storage terminal, Pengerang Independent Terminals Sdn Bhd (PITSB) in Pen...

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TORTUE-1: WORLD CLASS RESOURCE CONFIRMED OFFSHORE MAURITANIA

August 23, 2017

Kosmos Energy headquartered in Dallas, Tx, has successfully completed the drill stem test (DST) of the Tortue-1 well, demonstrating that the Tortue fi...

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HALLIBURTON AND MICROSOFT STRATEGIC ALLIANCE

August 23, 2017

Microsoft and Halliburton announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The rela...

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VAN OORD TO CONSTRUCT DEUTSCHE BUCHT OFFSHORE WIND FARM

August 23, 2017

Subsequent to the announcement that Northland Power’s 252 MW Deutsche Bucht offshore wind farm has reached financial close, Van Oord confirms that i...

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ENSCO DS-7 TO DRILL IN THE MEDITERRANEA SEA

August 23, 2017

Ensco announced that the ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four product...

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