Malaysian oil and gas company Hibiscus Petroleum has confirmed it has agreed to buy Repsol’s interest in oil and gas assets in Malaysia and Vietnam for $212.5 million.The announcement comes after Repsol earlier this week announced the sale to Hibiscus, to focus on core markets, without sharing financial details.In a stock exchange announcement Friday, Hibiscus said it would pay $212.5 million to Repsol for the acquisition of Repsol's subsidiary Fortuna International Petroleum Corporation…
Sercel launched Bluepulse, a marine acoustic source that is a purpose-built to help protect marine wildlife from high-frequency emissions while maintaining highly accurate and reliable results for seismic acquisition.Bluepulse is compatible with all existing peripherals…
Seismic survey company Shearwater GeoServices has secured a 3D seismic exploration survey contract with Beach Energy in Australia.Using the Geo Coral seismic vessel, Shearwater will conduct the Prion 3D seismic survey starting in late October…
Marine seismic data acquisition firm Shearwater GeoServices has won a contract in South East Asia.The company said the deal, with an unnamed client, was for a 3D survey project.The project, starting in early October 2021, will be conducted by the 107 meters long SW Duchess vessel…
Offshore helicopter transportation company CHC has said it has completed the acquisition of Babcock International’s offshore oil and gas aviation business. The acquisition, first announced in March, will increase CHC's offshore crew transportation…
South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities.'LS Cable & System is planning to strengthen its position in the submarine…
Bluewater-backed energy services firm Kent, formerly known as Kentech, has completed the acquisition of the majority of SNC-Lavalin’s oil and gas division, with a minority portion to follow at a later date. 'The Company now harnesses the strength…
Oil and gas firm Jadestone Energy, which has, since 2019, been working to complete the acquisition of OMV's interest in the Maari field off New Zealand, now expects to wrap the deal 'in the second half of 2021.'Singapore-based Jadestone in November…
The Australian offshore oil and gas safety regulator NOPSEMA has approved Inpex's plans for 2D seismic surveys offshore W. Australia.Inpex's proposed survey will cover the WA-532-P and WA-533-P offshore blocks in the Browse and Offshore Canning Basins…
Abu Dhabi-based ADNOC Logistics & Services, the shipping and maritime logistics branch of Abu Dhabi National Oil Company (ADNOC), has ordered two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight…
Southeast Asia-focused oil firm KrisEnergy, after several delays, on March 31 completed the sale of its Block 115/09 offshore Vietnam, to an unnamed international major, never saying who the buyer was.Some two weeks later, on Monday, April 12…
Norwegian offshore survey company EMGS said Thursday it had won a 3D CSEM contract in Southeast Asia. 'This is EMGS's first CSEM data acquisition contract with this customer,' EMGS said without sharing who the customer was.'The company expects…
Offshore seismic data acquisition services company Shearwater GeoServices has secured a 3D broadband marine seismic acquisition contract by ONGC in the Western Offshore India area. The project is scheduled to start in Q1 2021.The four-month campaign covers two areas totaling around 2…
Subsea Europe Services GmbH has introduced a new compact version of its unique integrated Hydrographic Survey System (iHSS). Dubbed iHSS-Compact, it is designed to meet demand for shallow-water ‘gap-filler’ marine surveys and simplifies the…
Australian oil and gas company Santos has executed documentation to enter into a new US$750 million syndicated bank loan, to refinance existing debt facility established for the acquisition of ConocoPhillips’ northern Australian and Timor-Leste assets…
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