Tag: offshore

A treaty between the UK and Norway that will pave the way to a USD 2 billion worth of additional North Sea oil and gas investment by 2010 is expected to be signed early next year.

Exxon Mobil Corporation will utilise an innovative, generic FPSO (floating, production, storage and offloading) concept to accelerate the production from new deepwater fields.

Petronas, together with Empresa Nacional de Hidrocarbonetos de Mocambique (ENH), has been awarded the exploration and production contract for the offshore Zambezi Delta Block by the government of Mozambique.

Rowan Companies, Inc., El Paso Oil & Gas Canada

Unocal Corporation said that its Vietnam subsidiaries have filed a declaration of commercial discovery with PetroVietnam, the state oil company, for three natural gas fields offshore southwest Vietnam.

El Paso Energy Partners LP has entered into an agreement with Pioneer Natural Resources Co. and Mariner Energy Inc. to construct, instal, own and operate a new production hub platform and associated facilities for Falcon field on East Breaks Blocks 579, 580, and 623 in the Gulf of Mexico.

FMC Technologies Inc. has announced that its FMC Energy Systems business has been awarded a contract worth about USD 100 million for subsea systems to be installed offshore Equatorial Guinea, Africa, by a subsidiary of Exxon Mobil Corporation.

Pancontinental Oil and Gas NL (Australia) has reached agreement with the government of Kenya for the award of three large, prospective, shallow water, onshore/offshore blocks.

RTI International Metals Inc. (Niles, Ohio, USA) has announced that its wholly owned subsidiary, RTI Energy Systems, has been selected to produce production riser equipment in connection with Unocal's West Seno Project off the coast of Indonesia.

China’s CNOOC Ltd and Sinopec plan to start developing one of China’s largest offshore natural gas fields.