European oil and gas stocks are about to close what would have been their best year since 2014 — if only the last quarter had behaved. Oil companies enjoyed a steady increase in crude prices for most of 2018, with the Brent and WTI…
Oceaneering International Inc has secured a three-year provision of inspection enactment services contract with Petrofac’s Engineering and Production Services division. The company will retain its existing contract on one of Petrofac’s Duty Holder assets, while expanding its service scope to include two additional North…
Two seismic survey vessels have recently completed their stay at Damen Shiprepair Amsterdam (DSAm) where they were repaired, cleaned, and repainted. Sister-vessels Oceanic Sirius and Oceanic Vega have completed a round-the-clock, ten-day maintenance programme at Damen’s yard, Damen said on the 20th December. According…
Thailand state company PTT Exploration and Production (PTTEP) has won a bid to develop and produce gas from two concessions in the Gulf of Thailand. The rights for Erawan and Bongkot concessions were secured in an auction conducted by the Thailand Energy Ministry. These…
Vestas has received a 33 MW order from German municipal utility Enercity Erneuerbare GmbH, a subsidiary of Hannover-based utility enercity AG, for the Klettwitz III B.A. 2.2 project located in Klettwitz in the Brandenburg region in eastern Germany. The project will comprise ten V117-3.3…
Africa Energy has received governmental approval and closed the previously announced transactions to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. Garrett Soden, Africa Energy’s President and CEO, commented: ‘We are excited to partner with Total, Qatar…
Lloyd’s shakes up regional management Global insurance market Lloyd’s has made three key appointments for the Asia-Pacific region, following a restructuring effort. Iain Ferguson has been appointed as regional director for APAC. Lloyd’s new organisational structure combined the Greater China region with the rest…
Recent pledges of US$2 billion in investment for South Sudan’s oil may be just the start, with the war-torn nation expecting further agreements in early 2019, its petroleum minister said. Ezekiel Lul Gatkuoth’s prediction comes as the African nation’s warring sides prepare to form…
Italian oil company Eni has successfully drilled and tested the Merakes East prospect in East Sepinggan block, offshore Kalimantan, Indonesia. The prospect is located 33 kilometres south-east of the Eni-operated Jangkrik field and just three kilometres east of the Merakes field. Eni said…
Schlumberger has won a deal with Iraq’s Basra Oil Company (BOC) to drill 40 new wells at Majnoon oilfield. In a statement on the 19th December, the Ministry of Oil also announced that the BOC had entered into a 19-month contract with the Iraqi…
