Aberdeen
Premier Oil to award Catcher FPSO EPC contract The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, storage, production and offloading (FPSO) […]
EnQuest to award Kraken FPSO to Bumi Armada The Scottish joint venture made of Aberdeen-based EnQuest and First Oil plc ( First Oil) companies together with the Edinburgh-registered Cairn Energy plc (Cairn) have issued a letter of interim agreement (LOIA) to the Malaysian engineering company Bumi Armada (Bumi) for the design and construction of the […]
E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]
Hyundai Heavy Industries (HHI) wins Rosebank FPSO The super major Chevron from USA and its partners, Statoil from Norway, OMV from Austria and Dong from Denmark, have awarded the Floating Production, Storage and Offloading (FPSO) vessel of the Rosebank project to the South Korean Hyundai Heavy Industries (HHI). The Rosebank project is located 175 kilometers northwest of the […]
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which […]
SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m. These blocks are jointly owned by […]
Petrofac-Schlumberger won 30 years Pemex contract The Pánuco Area in Mexico contains four mature onshore fields operated by the Mexico’s state-run oil company Petróleos Mexicanos (PEMEX). Discovered in the early 1900s with original oil in place of approximately 6.8 billion barrels, the Panuco oil fields have about 1,600 wells of which around 200 are currently producing a total of […]
