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Mubadala Buys Stake in Egypt's Nour Offshore Concession

Nov 12, 2018

Abu Dhabi state fund Mubadala Investment Company's oil business Mubadala Petroleum has agreed to buy a 20 percent participating interest in Egypt's Nour North Sinai Offshore concession from Italy's Eni, it said on Monday.Egypt's main producer…

Next-Gen Autonomous Survey Vessels

Nov 06, 2018

Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…

Total and CNOOC Strengthen LNG Partnership

Oct 22, 2018

French energy group Total and China's CNOOC have strengthened their existing partnership in the liquefied natural gas (LNG) sector to increase their output, the companies said on Monday.Total and CNOOC said they had agreed to increase the contract volume from 1 million tons per annum (Mtpa) to 1…

Statoil, Petrobras to work on mature deepwater fields

Oct 02, 2017

Petrobras has signed a heads of agreement (HoA) with Norway's Statoil to commit to assessing cooperation opportunities aligned with their business strategies relating to deepwater mature fields. The agreement is in continuity with a memorandum of understanding signed in August 2016…

GE, Maersk Drilling step up digitization pact

Jul 18, 2017

GE Marine and Maersk Drilling are extending the scope of their digital partnership, following the success of their SeaStream Insight pilot project that was launched in November 2016. The collaboration brings the next big step in innovative…

Petrobras, CNPC form strategic pact

Jul 05, 2017

Petrobras and CNPC have signed a memorandum of understanding (MoU) in Beijing to structure a strategic partnership. The MoU was signed by Petrobras CEO Pedro Parente, and Wang Dongjin, VP of CNPC and CEO of PetroChina. The MoU will…

JV in Massachusetts wind energy development

May 11, 2017

Avangrid Renewables and Vineyard Wind have formed a strategic partnership to jointly develop a large scale wind energy project off the coast of Massachusetts.  Last summer, Massachusetts required utilities to procure 1600 MW of clean…

eDrilling, Mims Well form partnership

Apr 26, 2017

eDrilling, a provider of drilling and well performance solutions, and Mims Well, an integrated solution and service provider, have partnered to support the upstream oil and gas companies in Norway and the US.  The partner initiative is designed…

Total, Heriot-Watt form partnership

Apr 21, 2017

Edinburgh's Heriot-Watt University Institute of Petroleum Engineering has signed a five-year partnership agreement with Total. Worth at least US3.2 million (£2.5 million), the agreement was signed by Elisabeth Proust, managing director…

BW Offshore, ICBCL ink FPSO partnership

Apr 07, 2017

BW Offshore (BWO) signed a cooperation agreement with ICBC Financial Leasing Co. Ltd. (ICBCL) to form a long-term strategic partnership that will see the duo take on large international infrastructure projects with a focus on floating production and storage offloading units (FPSOs)…

Kosmos to accelerate off West Africa

Feb 27, 2017

Dallas-based Kosmos Energy is looking to drill “the industry’s most prospective exploration wells,” as the company moves towards its second phase of exploration offshore Mauritania and Senegal. Map of the Greater Tortue area…

Proserv, SapuraKencana join forces in Asia

Jan 11, 2017

Malaysia's SapuraKencana Petroleum (SKPB) and UK-based engineering firm Proserv are joining forces to provide enhanced technology services offerings to clients in Asia Pacific. The firms will jointly provide a range of services across the drilling…

First platforms to Great Yarmouth for decommissioning

Jan 10, 2017

The first offshore facilities to be decommissioned in Great Yarmouth on the east coast of England are due to start arriving in Spring this year. A partnership between Veolia and Peterson partnership has been awarded two platform decommissioning…

Seatronics, Force Technology form partnership

Jan 09, 2017

Seatronics, an Acteon company and provider of marine electronic equipment, has formed a partnership agreement with Force Technology, an international technological consultancy company.  The agreement will provide Seatronics’ global customer…

CIMC joins Tianjin Lanshui Offshore partnership

Dec 28, 2016

CIMC Offshore Co., a wholly-owned subsidiary of China International Marine Containers (CIMC) Co., intends to partner with Shenzhen Mangrove Venture Capital Co. and China Industrial International Trust Co. to jointly establish Tianjin Lanshui…

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