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Wednesday, 03 June 2015 10:49

Novatek, Engie ink Yamal LNG contract

Novatek Gas & Power and Engie finalized a long-term contract for the supply of liquefied natural gas (LNG) from the…
Monday, 01 June 2015 00:00

Defrosting Arctic development

Russian arctic oil exploration is facing an uphill battle against international sanctions and low oil prices. But, the country’s oil…
Published in OE: 2015 / June
Image from Schlumberger. The merger between the world's largest oilfield services company Schlumberger and Russian drilling contractor Eurasia Drilling Co.…
Published in OE Press: 2015 / May
Tuesday, 26 May 2015 07:56

Bentec secures Caspian contract

Drilling rig equipment manufacturer Bentec has been awarded three multi-million dollar contracts, including the firm’s first complete rig for the…
Published in OE Press: 2015 / May
Thursday, 21 May 2015 11:04

WorleyParsons's US$55 million to XOM

Australia-based WorleyParsons will pay US$55 million to an ExxonMobil (XOM) subsidiary after reaching a settlement on a dispute over a…
Published in OE Daily: 2015 / May
Monday, 18 May 2015 03:48

Lundin eyes Caspian Sea black gold

Russian licensing authority Rosnedra awarded Lundin Petroleum a production license for the Morskaya field in the northern Caspian Sea. The…
Published in OE Press: 2015 / May
At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining…
Published in OE Press: 2015 / May
Friday, 01 May 2015 00:00

From Russia with tough love

Hardfacing has been given a tungsten carbide boost thanks to chemical vapor deposition technology developed in Russia. Elaine Maslin explains.…
Published in OE: 2015 / May
Friday, 01 May 2015 00:00

Offshore heavy oil economics

Jeannie Stell looks at offshore heavy oil development economics with an eye on the current low-price environment. ExxonMobil expects its…
Published in OE: 2015 / May
Monday, 20 April 2015 14:42

UK may revoke Dea UK/LetterOne licenses

The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control…
Published in OE Daily: 2015 / April
Monday, 20 April 2015 11:24

NADL, Rosneft delay deal termination

Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement…
Published in OE Daily: 2015 / April
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch…
Published in OE Daily: 2015 / April
Tuesday, 31 March 2015 11:52

Northern delays jackup deliveries

Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling…
Published in OE Daily: 2015 / March
Despite the recent memorandum of understanding (MOU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused…
Published in OE Press: 2015 / March
Wednesday, 25 March 2015 14:18

Rosneft axes NADL jackup

Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract…
Published in OE Daily: 2015 / March