Global FPSO provider Yinson Holdings Berhad said its wholly-owned unit has been awarded a US$578 million (RM2.357 billion) contract from JX Nippon Oil & Gas Exploration (M) Ltd.According to a stock exchange filing from the Malaysian floating…
Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019…
Super major Total said its Culzean Field development in the central North Sea is nearly complete, heading toward expected first production from the largest UK gas field to be sanctioned for quarter of a century in summer 2019.Culzean is a high-pressure…
The Eni operated Rowallan exploration well 22/19c-G in the Central North Sea has been spudded by the heavy duty jack-up rig Ensco 121.The news was announced Monday by Eni's project partner Serica Energy, who holds a 15 percent stake in the well…
Total E&P Malaysia has signed a 60-day contract for the Maersk Deliverer semisubmersible to drill offshore Southeast Asia, bringing the vessel out of warm stacking. The contract covers the drilling of one exploration well in the Block DW-N Sabah offshore Malaysia…
Japan Vietnam Petroleum Co. (JVPC), a subsidiary of JX Nippon Oil & Gas Exploration, has extended its contract with a MODEC Dutch subsidiary Rang Dong MV17 BV (MV17BV), for the time charter of the FSO Rang Dong MV17. FSO Rang Dong MV17…
Statoil has spudded the last well of its three-well drilling campaign on the UK Continental Shelf (UKCS). Transocean Spitsbergen. Image from Statoil. According to partner Jersey Oil & Gas (JOG)…
Faroe Petroleum has agreed to acquire a further 13.9935% interest in the producing Blane field in the UK North Sea from JX Nippon Exploration and Production for US$5.25 million. The field is a subsea tie-back to the Ula platform (Faroe 20%)…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
Statoil has revealed that about 1500 offshore jobs will be supported by its Mariner heavy oil development hook-up and commissioning campaign, starting this summer and running through to first production in 2H 2018. Mariner is one of the…
Norwegian oil major Statoil is preparing to spud the first of a three-well exploration campaign, including the high-impact Verbier prospect, on the UK Continental Shelf. Early this month, the Transocean Spitsbergen semisubmersible drilling rig will spud the first well…
JX Nippon Oil & Gas Exploration (Malaysia) started gas production from the Layang Field, offshore Malaysia, with an estimated 12,000 boe/d. Map from JX Nippon. Layang is about 7km east of the producing Helang Gas Field in Block SK10…
Investment costs for the Culzean project are now forecasted to be around US$4 billion, a reduction of about $500 million on the estimate at project sanction, said Gretchen Watkins, CEO, Maersk Oil at the Maersk Group Capital Markets Day in Copenhagen…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
Aker Solutions will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field in the North Sea. The 56.4 MMboe Utgard tie-back consists of…
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