Indonesia says it will allocate Total and Japan’s Inpex a 30 percent stake in the offshore Mahakam oil and gas block once the French major’s operating rights to Indonesia’s top gas field expire in December 2017.
Source: Offshore
Oilfield services firm Petrofac secures $400 million of contract renewals for operations and maintenance work on the UK Continental Shelf.
Source: Offshore
Rosneft signs a final binding agreement to sell a 20 percent share of its subsidiary company Taas-Yuryakh Neftegazodobycha (Taas) to BP.
Source: Offshore
Sound Oil appoints Luca Madeddu to be the firm’s managing director in Morocco.
Source: Offshore
China’s construction on disputed reefs in the South China Sea will not destroy ocean ecology, the country’s maritime regulator says, in the face of complaints from the Philippines that the work is damaging coral in the area.
Source: Offshore
Wintershall is in talks about joining an expansion plan for Gazprom’s Baltic Sea gas pipeline called Nord Stream.
Source: Offshore
ADX Energy signs a 30 month extension agreement with Agentia Nationala Pentru Resurse Minerale (NAMR) for the exploration of the EX-10 Parta permit, onshore Romania.
Source: Offshore
Greece and Russia sign a memorandum extending the planned Turkish Stream gas pipeline to Europe through Greek territory.
Source: Offshore
GMB has put its official strike ballot on hold while its members consider a revised offer of working conditions from the Offshore Contractors’ Association.
Source: Offshore
Aker Solutions has agreed to cooperate with Baker Hughes on early phase oil and gas studies, in order to improve the overall economics and value of oil and gas field developments.
Source: Offshore
