Azerbaijan is open to Italian gas infrastructure group Snam taking a stake in the Trans Adriatic Pipeline that will help to carry gas from Azerbaijan to Europe.
Source: Offshore
Azerbaijan President Open to Snam Taking Stake in TAP project
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Baker Hughes secures an 8 year contract from Statoil to design and supply production chemicals to the offshore Norne and Aasta Hansteen fields, located in the Norwegian Sea.
Source: Offshore
Baker Hughes Secures 8-Year Production Chemicals Contract from Statoil
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California’s epic drought is pushing Big Oil to solve a problem it’s struggled with for decades: what to do with the billions of gallons of wastewater that gush out of wells every year.
Source: Offshore
In California, Big Oil Finds Water Is Its Most Prized Commodity
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Pacific Rubiales Energy shares and bonds plunged the most on record after the Colombian oil producer’s would-be suitors withdrew their takeover offer.
Source: Offshore
Pacific Rubiales Posts Record Drop as Alfa Takeover Bid Quashed
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Oil companies are expected to invest about $870M to complete minimum exploration work at concessions Brazil plans to auction in October, according to the country’s oil regulator.
Source: Offshore
Brazil Sees 0 Million in Exploration Spending From Auction
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Gulf Keystone expects production at the Shaikan field, in the Kurdistan region of Iraq, to remain between 36,000 and 40,000 barrels of oil per day until the year end.
Source: Offshore
Gulf Keystone Expects Shaikan Production to Hit 36-40K Bopd Until Year End
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TRIYARDS gains $175 million new orders for two enhanced BH450 series liftboats.
Source: Offshore
TRIYARDS to Build 2 Liftboats for 5M
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KS Energy reports that the $7.2 million contract for KS Java Star jackup has been terminated by the client over a disagreement on a new start date.
Source: Offshore
KS Energy Loses Drilling Contract for KS Java Star
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Two workers died at a construction project at a Brazilian oil terminal operated by state-run Petrobras, adding to a string of fatal and life-threatening accidents, a union representing oil workers says in a statement.
Source: Offshore
Union: Two Die at Petrobras Terminal; Fire Hits Offshore Platform
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Tap Oil provides the latest independent reserve estimates for the Manora oil field in the Gulf of Thailand.
Source: Offshore
Tap Oil Provides Independent Reserve Estimates for Thailand's Manora Field
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