News / International

Suhail Star arrives for OSX

Brazilian oil services company OSX has received the very large crude carrier Suhail Star, the second of the two VLCC sister-vessels it agreed to buy from Saudi Aramco subsidiary Vela International Marine as part of a $54 million deal.

Lamprell lands newbuild jackup order

UAE based shipbuilding yard Lamprell said it has received a new contract from Singapore's Greatship Global Energy Services for a newbuild self-elevating jackup.

Repsol suspends ops in Libya

Spain's biggest oil company Repsol has suspended its operations in Libya, said a spokesman for the company.

Syria likely to award some onshore blocks in Feb-Minister

The Syrian government will award contracts to explore, develop and produce hydrocarbons from eight onshore blocks later this month, said the country's oil minister.

OMV provides update on Libya operations

Due to the current political unrest in Libya, OMV expects a temporary reduction of its Libyan production and can not exclude a complete stop.

BG targets Kenya blocks

A BG Group-led consortium is in exclusive talks for the award of production sharing contracts on two blocks off Kenya, according to partner Pancontinental Oil & Gas.

Nigeria deep-water ‘under-developed’

Nigeria's deep-water oil fields, currently pumping about 600,000 barrels per day, remain ''under-developed'' and will only reach full potential in the right investment climate, Shell said.

Tullow closes in on Uganda deal

"We're very close to signing off an agreement with the government of Uganda," Reuters quoted Tullow's exploration director Angus McCoss told an industry conference.

OMV income up on prices

Austrian oil and gas company OMV has recorded a 61% rise in net income over the calendar year on the back of a strong oil price.

Technip wins Gygrid contract

France-based Technip has won a 90 million subsea contract for work on Statoil's Gygrid field development in the Norwegian Sea.

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