Wood Group PSN (WGPSN) has been awarded its first major contract in the UK in 2014. The five year contract from Talisman Sinopec Energy UK is valued at US$500 million and includes an option for two additional, two year extensions. Under the scope…
Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…
On Oct.1, Brazil's National Petroleum Agency (Agência Nacional do Petróleo, ANP) said that 11 companies were registered and qualified to bid for pre-salt licenses at the upcoming Santos basin auction. The ultra-deepwater Libra field is estimated…
Shanghai Offshore Petroleum Bureau (Sinopec) took delivery of the FA XIAN6 seismic research vessel. The vessel is a Rolls-Royce UT 830 CD design, and is the first of its type to be built in China. It is equipped with a package of Rolls-Royce power and propulsion systems…
Under a contract recently awarded by Repsol Sinopec Brasil, Fugro is to provide geophysical, geotechnical,and metocean services to support the development of Block BM-C-33 off Brazil and its associated export route(s). The multidisciplinary project includes a marine survey campaign…
Petrobras encountered oil in well 3-SPS-101 (3-BRSA-1179-SPS), in the Carioca Discovery Evaluation Plan area, block BM-S-9, Santos Basin pre-salt. The well, also known as Iguaçu Mirim, is located 303km off the coast of the state of São Paulo…
Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…
South Africa's national oil company, PetroSA, signed a Technical Cooperation Permit (TCP) for Block 3A/4A with Sasol. The block is located in the Orange basin, off the country's west coast. Block 3A/4A covers 19,066 sq km, with water depths ranging from 100-500m…
Craig Group has launched its latest platform supply vessel (PSV), the Grampian Sceptre, from the Balenciaga Shipyard in Northern Spain. Along with its sister vessel, the Grampian Sovereign, it is the largest built by Craig Group. Both…
Heerema Fabrication Group’s Zwijndrecht yard in the Netherlands officially started the construction of the integrated production Montrose BLP (bridge linked platform) topsides for client Talisman Sinopec Energy UK Ltd., the company announced on 21 March 2013…
Investment in North Sea oil and gas production has been predicted to top a 30 year high - but cost per barrel has risen five-fold in the past decade, according to analysis by the industry.Malcolm Webb, chief executive of Oil & Gas UKOil & Gas UK…
Contract covers Talisman Sinopec brownfieldsTroll C LPP module leaving Egersund (Photo: Aker Solutions)Aker Solutions has secured an important five-year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on the UK continental shelf…
Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…
Total has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash, the company announced on 19 November 2012…
Chinese companies have stepped up their activities over the last year, and two recent reports from analysts Infield Energy Analysts and Wood Mackenzie suggest increased activity in the near future, especially as the NOCs venture into deeper waters…
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