Marathon Oil has awarded Ingen Ideas, an Amec Foster Wheeler company, a contract worth approximately £8million. The five-year multi-discipline engineering contract covers Marathon Oil’s Brae Complex in the North Sea. The contract started in October 2015 and will run for five years…
Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…
Marathon Oil subsidiary Marathon Equatorial Guinea Production Ltd. (MEGPL) will soon receive delivery of the Alba B3 compression platform at the Abla gas and condensate field offshore Central Africa, as the platform left Heerema Fabrication Group’s (HFG) yard off Europe this week…
Houston headquartered Marathon Oil has agreed to sell all its operated producing properties in the US Gulf of Mexico and a tranche of non-operated interests for US$205 million. The deal with an undisclosed buyer is said to be part of…
Heerema Fabrication Group (HFG) has loaded out the Alba B3 jacket and topsides ahead of its sail away to Equatorial Guinea, planned for the end of this month. The 2000-ton, four-legged jacket, built at the Vlissingen yard in the Netherlands…
Meg Chesshyre talks to Heerema Fabrication Group CEO Koos-Jan van Brouwershaven about the firm’s latest projects. Cygnus PU sail away. Photos from Heerema Fabrication Group. Heerema…
Imtech Marine is supplying a heating, ventilation and air conditioning (HVAC) system to the 6000-tonne Alba B3 greenfield compression platform, currently under construction for Marathon E.G. Production. To be located in Equatorial Guinea…
North Celtic Sea focused explorer Lansdowne Oil & Gas has entered into a farm-in agreement with PSE Kinsale Energy - a wholly owned subsidiary of Malaysia's Petronas. Under the terms of the agreement, Kinsale Energy will acquire an 80%…
Houston-based Marathon Oil Corp. announced today it has closed the transaction with Det norske oljeselskap for the sale of Marathon Oil Norge for a total transaction value of US$2.7 billion. After adjustment for debt, net working capital and interest on the net purchase price…
Maersk Drilling named their fourth ultra deepwater drillship this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Maersk Voyager Image…
Venari Resources LLC announced that it has raised an additional US$1.3 billion of equity commitments, bringing the total raised to $2.4 billion. Map of Shenandoah and Coronado prospects. Image from Anadarko…
Heerema Marine Contractors chose 2H Offshore to engineer hybrid risers for Total’s Kaombo Block 32 project offshore Luanda, Angola in 1400-1900m water depth. 2H Offshore's scope of work includes performing part of the detailed engineering…
Noble Energy and Australia’s Woodside Petroleum signed a production sharing contract (PSC) with the Government of Gabon covering block F15 in the Gabon Coastal basin, West Africa. Additionally, Marathon Oil Corp. signed an exploration…
Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…
Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…
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