Business & Finance
Brazil: Petrobras to Provide Roncador Seepage Update Today
Brazil’s state controlled oil and gas company, Petrobras, said it would provide additional information on the seep discovered offshore Brazil after the analyses that are currently underway are completed, which also includes identifying the origin of the fluid collected at the site. The seep occurred
Australia: Technip to Supply Flexible Pipes for Ichthys Field
Technip was awarded by INPEX CORPORATION a flexible pipe supply lump sum contract for the Ichthys gas field, in Australia. INPEX has novated this contract to McDermott as part of the overall subsea umbilical, riser, flowline EPCI contract. The Ichthys LNG project is a Joint Venture between INPEX (76
Norway: Solstad Offshore Wins Contracts for Three Vessels
Solstad Offshore ASA (SOFF) has been awarded contracts for Normand Aurora, Normand Draupne and Normand Corona. Total E&P UK Limited and Elf Exploration UK Limited for hire of the platform supply vessel (PSV) “Normand Aurora”. The duration of the contract is firm for 5 years with further 2 x 1 year o
UK: Highlands and Islands Outlines Investment Plan for Next Three Years
A range of activities to generate economic and community development across the Highlands and Islands over the next three years is outlined in the latest Operating Plan published today [Wednesday 11 April, 2012] by the region’s development agency. Ambitious plans to roll out superfast broadband thro
USA: Christening Ceremony of Tugboat and Barge at Erie’s Bayfront Shipyard
The christening ceremony of the tugboat Ken Boothe Sr. and the barge Lakes Contender, the first articulated barge-tug combination to be built in Erie since 1972, was held on Tuesday afternoon at the bayfront shipyard, Erie Times reports. Ken Boothe Sr tugboat, named after the late president of the E
Eni, CNOOC Ink PSC for Deepwater Block Offshore China
The Block, covering 5,130 square km in the attractive deep water of the South China Sea, has a high exploration potential.
UK: Production Restarts at Duart Field
Bridge Energy ASA, the Oslo Axess listed oil and gas exploration and production company announces that production restarted on the Duart field on the 9 April 2012. The Duart field has been shut in since 5th October 2011 as a result of planned maintenance activity on the host Tartan platform. The ext
USA: Bulk Carrier ‘Federal Yukina’ Opens Detroit’s Shipping Season
On Saturday, April 7, 2012, the Port of Detroit welcomed the arrival of the ocean going vessel, Federal Yukina. The arrival time was 7:00 a.m. at the Nicholson Terminal & Dock Company, located at 4105 West Jefferson Ave. in Detroit. The ship’s arrival will begin the Port of Detroit’s 2012 shipping s
Tap Reports Gas Shows at Tallaganda Well, Offshore Australia
On preliminary well data (LWD logs), gas shows have been confirmed in the Mungaroo Formation but the reservoir quality and net pay is yet to be determined
PSA Norway Working on Offshore Lifeboats Regulations
The lifeboat issue on the Norwegian Continental Shelf has been part of the government and industry agenda for years. Changes to the regulations could now be on the way.
Farstad Shipping Secures Charter Contracts for Its Vessels in Australia
Farstad Shipping ASA announced that it has been awarded the charter contracts in Australia for a total value of NOK 300 mill (approx USD 51.68 mill) excluding options. Origin Energy has awarded contracts to AHTS Far Fosna (1993, UT 722, 14,400 BHP) and AHTS Lady Sandra (1998, KMAR 404, 15,014 BHP) t
Multiple Vessel Charter Deals for Farstad in Australia
Norway’s Farstad Shipping ASA has been awarded multiple charter contracts in Australia. Origin Energy has awarded contracts to AHTS Far Fosna (1993, UT 722, 14,400 BHP) and AHTS Lady Sandra (1998, KMAR 404, 15,014 BHP) to support their Bass Strait drilling campaign. The duration of the contracts wil
Bad Weather, Rig Issues Push Back CGX’s Drilling Schedule in Guyana
CGX Energy Inc. announces that delays due to minor mechanical issues on the Ocean Saratoga semi-submersible rig and weather conditions have pushed back the time frame for the completion of drilling of the Eagle-1 well beyond the originally planned 60 days. It is now anticipated that drilling operati
UK: MEAD Capital Grant Scheme Good News for Wave Hub
Claire Gibson, Wave Hub’s General Manager commented, “Earlier this year MPs said that funding support for the first arrays would be critical to the UK capturing the huge potential of wave and tidal energy, so it’s good news that this long-awaited competition has been launched. Wave Hub is specifical