Greece has made several fruitless attempts over the last 50 years to find big oil and gas reserves, and has increased those efforts due to its debt crisis, Reuters reported.
The concessions for four blocks in the Adriatic Sea were awarded in line with the terms of a 2014 tender, pending parliamentary approval, an economy ministry's spokeswoman said, Reuters reported.
The project includes the Stickle, Crosby, Tanglehead, Moondyne, Wild Bull and Ravensworth fields. It also includes the tie back of the Stickle 9 well to the existing Tanglehead manifold, Fugro said in the release.
The new survey follows on from the original survey that covered more than 16,000 sq km over portions of the Col-1 and Col-2 blocks offshore Colombia. The extension is expected to start in February 2016, CGG said in the release.
The contracts valued at a combined NOK $1.6 billion (US $184 million) include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned wellhead platform as well as modifications at the Oseberg Field Center, the company said in a news release.
Both orders are part of PetroChina's furnace procurement program that BHD bid on. Aggregate order value under the program now totals about US$0.8 million, or more than 5.3 million renminbi.
Federal judge Sergio Moro said Jorge Zelada excessively awarded Vantage Drilling a 2009 contract for drillship Titanium Explorer in exchange for bribes stashed in undeclared Monaco and Switzerland accounts, Reuters reported.
The agreement, which may be extended by up to three years, covers work on all installations at the Ekofisk and Eldfisk fields offshore Norway, starting in February, Aker Solutions said in a news release.
Under the contract, ION said it is providing a broad range of seismic data processing for multiple offshore and onshore surveys.
JDR has been awarded a contract by Marathon Oil for the design and manufacture of 11.3 km of power and static subsea umbilicals with accompanying termination hardware for the West Brae Field in the U.K. North Sea, according to a news release.
Aker Solutions has secured an order from Statoil to provide a concept study for an FPSO facility for the Johan Castberg oil field development in the Barents Sea, according to a news release.
Aquatec Group provides subsea leak detection sensors including long-range fluorometers, directional acoustic sensor and differential temperature detectors. These will be available at Forum’s global locations.