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Business & Finance

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Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility
Business & Finance

Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility

BP Norge AS has exercised two three-month options for the continued use of the MSV Regalia and thereafter Safe Scandinavia (image) at the Valhall offshore facility in the Norwegian sector of the North Sea. The first three months commencing in July 2011 using the MSV Regalia will be in direct continu

about 15 years ago
NWest Energy Extends Exploration Licences Offshore Western Newfoundland
Business & Finance

NWest Energy Extends Exploration Licences Offshore Western Newfoundland

NWest Energy Corp. announces that the Company has elected to extend Period I of each of offshore Exploration Licenses 1097 and 1098 to January 15, 2012 by posting a drilling deposit in the amount of $250,000 for each license with the Canada-Newfoundland and Labrador Offshore Petroleum Board. Failure

about 15 years ago
Norway: Farstad Bags Two PSV Charter Contracts
Business & Finance

Norway: Farstad Bags Two PSV Charter Contracts

Farstad Shipping ASA has, on behalf of wholly owned subsidiaries, been awarded the following charter contracts: PSV Far Symphony(image) (2003, P105, 4.929 DWT) has been awarded a six (6) years firm contract by ConocoPhillips Skandinavia AS for support of their operation in the North Sea. Commencemen

about 15 years ago
Pazflor FPSO to Head for Angola
Business & Finance

Pazflor FPSO to Head for Angola

The newbuild Pazflor floating production, storage offloading vessel is expected to sail away this month for Total-operated Block 17 in … Source: One India Money [mappress] Source: PrOne India Money, January 13, 2011;

about 15 years ago
Statoil: Natural Gas is Fit to Serve Energy Future of Europe
Business & Finance

Statoil: Natural Gas is Fit to Serve Energy Future of Europe

Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “Natural

about 15 years ago
ConocoPhillips Puts Timor Sea Gas Fields Up For Sale
Business & Finance

ConocoPhillips Puts Timor Sea Gas Fields Up For Sale

ConocoPhillips has put its controlling stake in the big Barossa and Caldita gas fields in the Timor Sea up for sale, throwing into doubt … By Peter Klinger (The West Australian) [mappress] Source: Prosafe, January 17, 2011;

about 15 years ago
Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010
Business & Finance

Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010

Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the

about 15 years ago
BP Clinches Four Australian Deepwater Exploration Blocks
Business & Finance

BP Clinches Four Australian Deepwater Exploration Blocks

BP today announced that it has been awarded four deepwater offshore blocks in the Ceduna Sub Basin within the Great Australian Bight, off the coast of South Australia. BP said that it will explore Exploration Permit for Petroleum (EPP) areas EPP 37, EPP 38, EPP 39 and EPP 40 covering an area of 24,0

about 15 years ago
UNX Energy Signs Offshore Namibia 3D Seismic Contract with PGS
Business & Finance

UNX Energy Signs Offshore Namibia 3D Seismic Contract with PGS

UNX Energy Corp., an emerging oil and gas company with offshore interests in the Republic of Namibia, has signed a 3D seismic contract with Petroleum Geo-Services . UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration Licence 2815, consisting of Blocks 2815, 2816 a

about 15 years ago
China to Focus on Accelerating Offshore Wind in Fujian
Business & Finance

China to Focus on Accelerating Offshore Wind in Fujian

China in 2010 became the country with the most installed wind-power capacity, supplanting the United States, industry officials said… (whatsonxiamen) [mappress] Source: whatsonxiamen, January 17, 2011

about 15 years ago
Feds Nominate Fishermen’s Energy to Develop WInd Turbines off Ocean City Coast (USA)
Business & Finance

Feds Nominate Fishermen’s Energy to Develop WInd Turbines off Ocean City Coast (USA)

The U.S. Department of the Interior has nominated a New Jersey company to develop 300 wind turbines off the coast of Ocean City, Md.,… By Hayley Peterson (washingtonexaminer) [mappress] Source: washingtonexaminer, January 17, 2011

about 15 years ago
Norwegian Petroleum Directorate Signs Agreement with Greenland
Business & Finance

Norwegian Petroleum Directorate Signs Agreement with Greenland

The Norwegian Petroleum Directorate (NPD) has signed a framework agreement with the Greenland Bureau of Minerals and Petroleum (BMP) for the exchange of information regarding resource management in the two countries. The agreement was signed by the Director of the BMP, Jørn Skov Nilsen, and Director

about 15 years ago
Russia: Rosneft and BP Form Global and Arctic Strategic Alliance
Business & Finance

Russia: Rosneft and BP Form Global and Arctic Strategic Alliance

BP and Rosneft announced that they have agreed a groundbreaking strategic global alliance. Rosneft and BP have agreed to explore and develop three license blocks – EPNZ 1,2,3 – on the Russian Arctic continental shelf. These licences were awarded to Rosneft in 2010 and cover approximately 125,000 squ

about 15 years ago
UK: Xcite Energy Extends LOI for *Rowan Norway* Jackup-Rig
Business & Finance

UK: Xcite Energy Extends LOI for *Rowan Norway* Jackup-Rig

Extension of Letter of Intent for “Rowan Norway” N-Class Jack-up Rig Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited (“BAOL”), part of Rowan Companies

about 15 years ago
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