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McDermott Awarded Lump Sum Contract By Saudi Aramco

SOURCE: McDermott | 27 August 2015

McDermott International, Inc. (NYSE:MDR) announced today it has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.

Second Well Brought Into Production At Gazprom Neft Prirazlomnoye Field

SOURCE: GAZPROM NEFT | 26 August 2015

Gazprom Neft has brought its second well into production at the Prirazlomnoye field, with output totalling 1,800 tonnes per day. The launch of this facility, as planned, will see production increase more than two-fold in comparison with 2014 production levels at Prirazlomnoye, which stood at 300,000 tonnes.

Polarled – The First Pipeline Crossing The Arctic Circle

SOURCE: Statoil | 21 August 2015

On Friday 21 August the Polarled gas pipeline crossed 66 degrees and 33 minutes north of the equator and became the first pipeline to cross the Arctic Circle. This pipeline will open an entirely new gas highway from the Norwegian Sea to Europe.

Amec Foster Wheeler Wins Upper Zakum Field Contract Extension

SOURCE: Amec Foster Wheeler | 18 August 2015

Amec Foster Wheeler announces today the company has been awarded an extension to its existing Project Management Consultancy (PMC) contract for the UZ750 project in the Upper Zakum (UZ) field, located 84 kilometres north-west of Abu Dhabi. The value of the contract has not been announced.

The First Building Block Completed On The Johan Sverdrup Field

SOURCE: Statoil | 13 August 2015

The first piece of the Johan Sverdrup development has now been completed and installed on the field in the North Sea.

PEMEX Awards Offshore Engineering To Wood Group

SOURCE: John Wood Group | 11 August 2015

Wood Group has been awarded a three-year offshore engineering blanket order by PEMEX Procurement International for field development in Mexico's Gulf of Mexico waters. The agreement, valued at up to US$28 million, encompasses deepwater and complex shallow water concept and basic engineering, and owner engineer services.

Peregrino Marks 100 Million Barrels Produced

SOURCE: Statoil | 04 August 2015

After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011.

Qedi Opens Abu Dhabi Office

SOURCE: Amec Foster Wheeler | 04 August 2015

qedi, a leading completions, commissioning and technology provider, announces today that it has opened an inaugural office in Abu Dhabi and appointed Naveen Adusumilli as qedi's General Manager for the Middle East.

UK: Total Sells Minority Interests In West Of Shetland Fields For £565 Million

SOURCE: Total | 29 July 2015

Total has signed an agreement to sell 20% of its interests in the Laggan, Tormore, Edradour and Glenlivet fields, located in the West of Shetland area, to SSE E&P UK Limited Ltd for £565 million (around $876 million), subject to the customary approvals.

Gas And Condensate discovery In The North Sea

SOURCE: Statoil | 23 July 2015

Operator Statoil and its PL146/PL333 partner Total E&P Norge have made a gas and condensate discovery in the Julius prospect in the King Lear area in the North Sea. The discovery well 2/4-23S, drilled by Maersk Gallant, proved gas and condensate in the Ula formation. Statoil estimates the volumes in Julius to be between 15 and 75 million barrels of recoverable oil equivalent.