The waiting is over - the shortlist for the 2015 Offshore Achievement Awards has been announced today (12 January 2015). Supported by OE, the annual awards are organized and hosted by the Society of Petroleum Engineers (SPE) Aberdeen…
Hungarian integrated oil and gas firm MOL Group has completed an acquisition of North Sea assets from London-listed Premier Oil. MOL acquired non-operated interests in the Nexen-operated Scott (21.84%), Telford (1.59%) and Rochelle (15%) fields…
With a slightly different approach, hydrodynamic modeling can be used for overpressure prediction in on and offshore environments. Marcell Lux, Ahmed Amran, and Marianna Vincze explain. Fig. 1…
dGB Earth Sciences launched its OpendTect 5.0, the latest version of its open source seismic interpretation software, at the Society of Exploration Geophysicists (SEG) 84th annual meeting in Denver. OpendTect 5.0 comes with significant…
The UK offshore-focused subsidiary of Hungarian integrated energy company MOL has announced the completion of its senior management team, based in the Aberdeen. The creation of MOL Energy UK was announced in March this year. Since then…
Kongsberg Maritime division Kongsberg Maritime Engineering (KME) has won a contract to deliver an integrated control and safety system for the new BW Offshore Catcher FPSO. The contract follows BW Offshore’s signing of a lease and operate…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…
Hungary’s MOL Group is eyeing North Sea operatorship and has deep enough pockets to do it. Elaine Maslin spoke to exploration director Alex Dodds (pictured). Hungary’s MOL Group is aiming to double its production within at least five years and then double it again after that…
BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea. The firm charter period of the contract is seven years…
BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a floating production unit (FPSO) to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final partner sanction…
Petróleo Brasileiro S.A. (Petrobras) submitted a Declaration of Commerciality (DoC) for oil and gas accumulations in the Carioca area, located in the Santos basin pre-salt. The new field will now be known as “Lapa.” The DoC was submitted to the Brazilian National Agency of Petroleum…
Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed to back a long-term charter company set up to provide a the floating production, storage, and offloading (FPSO) system for use in the Carioca area pre-salt oil field…
Hungarian integrated oil and gas firm MOL Group has entered the North Sea through a $US375 million deal with Wintershall, a subsidiary of Germany's BASF Group. MOL will acquire 14 licenses in the North Sea, including non-operated equity stakes in the Broom field (29%)…
MAN Diesel & Turbo won the contract to supply the engines for six Chinese LNG carriers (LNGCs). The order for the 30 × MAN 51/60DF dual-fuel engines is a significant development for both Chinese shipyards as well as the LNGC market. The…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
