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Ophir field secures finances for development

Octanex N.L. has secured limited recourse project finance for development of the Ophir field, offshore Malaysia.

Colombia’s oil auction brings in $1.4B in investment

Royal Dutch Shell Plc, Exxon Mobil Corp, Anadarko Petroleum Corp, and Repsol SA were among the 19 companies bidding on 26 of 95 blocks offered by Colombia.

North Sea operator awards contract to Asset Guardian Solutions

A North Sea operator in Aberdeen, Scotland, has awarded Asset Guardian Solutions Ltd (AGSL) a key contract.

TGS announces multi-client seafloor sampling and seep studies

TGS reports two multi-client geochemical seafloor sampling and seep studies, one offshore Canada and the other in the Barents Sea. Sampling locations for both programs were identified, using recent...

Rig overhaul center established in southern Vietnam

Semco Maritime JSC is teaming with PetroVietnam Marine Shipyard (PV Shipyard) to perform rig repairs, refurbishments, and upgrades in Vietnam.

Statoil awarded license offshore Colombia

Statoil has been awarded interest in the COL4 license offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round.

LQT Industries awarded five new construction projects

LQT Industries LLC, a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has received new construction projects...

COSCO Nantong delivers jackup rig to Asian buyer

COSCO Corp. (Singapore) Ltd reports that COSCO (Nantong) Shipyard Co. Ltd, a subsidiary of the company's 51% owned COSCO Shipyard Group Co. Ltd, has delivered the jackup rig Kai Xuan Yi Hao to its ...

FMC, operators to develop next-gen subsea equipment

FMC Technologies Inc. (NYSE: FTI) has signed an agreement that establishes a joint industry program (JIP) with Anadarko Petroleum Corp., BP, ConocoPhillips, and Shell to develop a new generation of...

COSCO reports on troubled Octabuoy project

COSCO Corp. (Singapore) Ltd, with regard to the vessel building contract for the Octabuoy hull and the topside module secured by COSCO’s subsidiary COSCO (Nantong) Shipyard Co. Ltd with ATP Oil &am...