Total has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash, the company announced on 19 November 2012鈥
The ultra-deepwater drillship Pacific Khamsin has been awarded a contract by a wholly-owned indirect subsidiary of Chevron Corporation for operations in West Africa, the ship's owner Pacific Drilling announced on 16 November 2012.The minimum鈥
A subsidiary of Seadrill has entered into an agreement with Songa 云顶赌场老虎机 to acquire the ultra-deepwater semi-submersible rig Songa Eclipse for a consideration of US$590 million.The rig was delivered from the Jurong Shipyard in Singapore in 2011鈥
Girassol FPSOTechnip has won an EPIC contract for the second phase of Total E&P Angola's Girassol Resoucres Iniatives (GirRI) project, the company announced on 13 November 2012.Technip will provide project management, engineering, fabrication鈥
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) has shut down the Imo River Trunkline in its Eastern operations after it found several crude theft points on the facility. Production of some 25,000 barrels of oil per day is deferred鈥
SPDC, a subsidiary of Royal Dutch Shell, has completed a sale of its 30% interest in Oil Mining Lease 30 (OML 30) in the Niger Delta to Shoreline Natural Resources Limited for $567 million.The company said the divestment is part of a plan to reshape SPDC's onshore portfolio鈥
EMAS has secured two contracts with South Korean clients worth a combined total of approximately US$200 million.EMAS' subsea division (EMAS AMC) was awarded an EPCIC contract in Asia by STX 云顶赌场老虎机 & Shipbuilding Co. Ltd for the engineering鈥
Rising day rates and demand for drilling in deepwater environments are helping the offshore drilling sector recover from not just the global economic gloom of recent years but also the post-Macondo drilling moratorium in the US. According to鈥
Eddie Moore has joined Zenith Oilfield Technology, recently acquired by Lufkin Industries, as manager of sales and operations for the Middle East and Africa, working out of Oman. Peter Smith (pictured), previously with Weatherford, has鈥
Gertjan van Mechelen has joined ERHC Energy as exploration manager. Previously with ConocoPhillips and TransAtlantic Petroleum, he will oversee the company鈥檚 Africa-focused exploration activities.
Jens Pace became COO of African Petroleum on 1 October. A geoscientist, he worked internationally for BP and its heritage company Amoco (UK) Exploration for over 30 years.
Pat Haggerty has joined Modus Seabed Intervention as head of projects, a newly created post. He was with Subsea 7 for seven years, latterly as Aberdeen-based GM of Europe & West Africa ROV operations in its iTech division, and prior鈥
Richard Jenkins has joined Claxton Engineering as VP operations. Previously with Hamworthy, Baker Hughes and Seaweld Engineering, he served most recently as Amec鈥檚 operations director for West Africa.
An innovative cased-hole expandable liner system has been deployed to repair casing corrosion in an offshore Congo well. Weatherford鈥檚 Scott Durment and Doug Farley explain why and how.Casing damage in older wells comes in many forms and from many sources鈥
Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources鈥