Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1…
The Ichthys Venturer floating production, storage and offloading (FPSO) facility has arrived in Australian waters today (14 August), as Inpex gears up to begin hook-up and commissioning activities. The Ichthys Venturer at the DSME shipyard…
The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility Ichthys Venturer has set sail for Australia. The 336m-long long ship-shaped, offshore facility has started a 5600km voyage that will take about one month to complete…
Hyperdynamics Corp. received a letter from the government of Guinea confirming that a two-year appraisal period will be granted to the consortium of SCS Corp., a wholly owned subsidiary of HDYN, and South Atlantic Petroleum (Sapetro) in the event of an oil discovery in the Fatala-1 well…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
Inpex's Ichthys Explorer, the world's largest semisubmersible platform safely arrived in the Australian waters of the Browse basin, marking a milestone for the Ichthys LNG project. The Ichthys Explorer…
McDermott International has won a contract award from Hess Corp. for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. The PSD field is located in the Garden Banks 216 block in approximately 1500ft of water…
Nido Petroleum is set to drill its Galoc-7/7ST appraisal well in Block C1 SC 14 offshore the Philippines, starting in March. The firm has agreed a one-well drilling contract for the Odfjell Drilling operated ultra deepwater drillship Deepsea Metro I for the work…
Noble Corp. has appointed Adam C. Peakes, 43, as the company’s new senior vice president and chief financial officer, effective 23 January 2017. The announcement comes nine months after previous CFO James A. MacLennan resigned in late-February…
Noble Corp. has announced the resignation of James A. MacLennan, senior vice president, chief financial officer (CFO), and treasurer, effective 26 February 2016. Dennis L. Lubojacky, vice president and controller, will serve as interim CFO until a permanent replacement can be found…
Audrey Raj speaks to Japanese gas giant INPEX about its US$34 billion Ichthys LNG development and the key components that make up the offshore production facilities of the project. The monoethylene…
Samsung Heavy Industries Co. (SHI) has awarded Clough a contract for hook-up services on the Ichthys LNG Project Central Processing Facility (CPF). The scope of work includes the preparation and execution of offshore hook-up activities and assistance to commissioning…
ITC Global, a provider of satellite communications to remote and harsh environments, has announced that it has been awarded two multi-million dollar contracts, each spanning three years, to provide remote offshore communications to five floating production…
Noble Corp. is the latest major oil and gas company to be linked to the Petróleo Brasileiro’s (Petrobras) Lava Jato bribery and corruption scandal, the offshore driller revealed in a regulatory filing to the US Securities and Exchange Commission…
African Petroleum Corp. has appointed Jens Pace as CEO after Stuart Lake, now former CEO and executive director, is stepping down with immediate effect for health reasons. Pace currently serves as chief operating officer, and will assume the position of CEO…
