Fossil Energy
Shelf Drilling plans London IPO
Shelf Drilling, Ltd. an international shallow water offshore drilling contractor, today announces its intention to proceed with an initial public offering to institutional investors (the “IPO” or the “Global Offer”). Shelf Drilling intends to apply for admission of its ordinary shares to the standar
Oil & Gas UK CEO: Radical change needed to maximise UKCS economic recovery
Oil & Gas UK’s first Annual Conference opened yesterday. It features over 70 leading speakers from industry and both the UK and Scottish Governments. The conference, sponsored by Petrotechnics and supported by Costain Upstream, is chaired by Oil & Gas UK chief executive Malcolm Webb who commented: “
VNG spins drill bit at Bue sidetrack well
Rocksource ASA has announced that drilling of the Bue sidetrack well, 6406/12-3A, to the North of the Pil discovery in PL 586 has started. The Bue sidetrack follows the successful appraisal well on the Pil discovery. The results from the appraisal well led Rocksource to update its resource estimate
Wood Group PSN takes 50% in Marginal Field Development Co.
Enegi, the independent oil and gas company, has announced the execution of a non-binding Memorandum of Understanding (“MoU”) between ABT Oil and Gas Ltd. (“ABTOG”, the marginal field development venture in which it holds a 50% interest) and Wood Group PSN (“WGPSN”) that defines the terms under which
Premier receives DECC nod for Catcher development
Premier Oil plc has received approval of its Catcher area Field Development Plan (FDP) from the UK Department of Energy and Climate Change. The Premier-operated Catcher area, located in the UK Central North Sea, is expected to produce 96 million barrels of oil equivalent with a peak production rate
CGG Robertson Geolab in SE Barent Sea geochemical survey
CGG has announced that Robertson Geolab, specialists in surface geochemistry in its GeoConsulting business line, is currently performing a multi-client surface geochemistry (shallow core) survey to detect seafloor seepages of hydrocarbons in the South East Barents Sea. The project has received high
Japan’s IHI confirms Catcher FPSO award
IHI Corporation has signed the contract with BW Offshore, a leading global provider of floating production services, for a new build FPSO-hull to be operated on Premier Oil’s Catcher field in the UK North Sea. The hull will be constructed at IHI’s Aichi Works in Japan and delivered by IHI Corporatio
Italian job for Sound Oil
Sound Oil, the European / Mediterranean focused upstream oil and gas company, has received the formal award of the D.R74.AP Permit (previously the D150DR-CS Permit) from the Italian Ministry of Economic Development.
Challenging time ahead for Vallourec
Vallourec, a provider of premium tubular solutions, has announced an update of its 2014 guidance, following a significant temporary reduction in demand for its Oil & Gas operations in Brazil and in EAMEA. In Brazil, Petrobras has decided to eliminate most of its tube inventories by year end, while m
Greenpeace protesting against ExxonMobil’s Kara Sea drilling plans
Only two weeks after boarding the Transocean Spitsbergen rig on its way to drill a well in the Barents Sea, Greenpeace has a new target. This time it is the West Alpha semi-submersible rig. In a statement issued on their website, the environmental organisation said that their ship Esperanza has ente
First Minister Salmond: Aberdeen not in pole position, but in sole position for oil regulator HQ
As the hydrocarbons capital of Europe, Aberdeen should not just be the ‘frontrunner, but the only runner’ as the new industry regulator headquarters, Scotland’s First Minister Alex Salmond told the Oil & Gas UK conference today (Wednesday, June 11). The First Minister also set out his vision for bet
Rocksource hires Ross Offshore for consultancy services
Ross Offshore AS today announces a contract award with Rocksource Exploration Norway AS (REN). The frame contract is for well management and Consultancy Services. The contract term is 7 years; 3 years firm and with two possible extensions of two years each. The contract was effective as of June the
UK: New research initiative “primary source of knowledge on subsea technology”
A major subsea research initiative has launched this month. The National Subsea Research Initiative (NSRI) will be the focal point for the co-ordination of research and development activities for the UK’s subsea oil and gas sector. As a direct link between the subsea community and academia as well a
Bolette Dolphin drillship gets important DNV-GL certificate
Norwegian contractor Dolphin Drilling has achieved international accreditation of a maintenance management system onboard its latest deepwater drillship, following a rigorous assessment from one of the largest classification bodies in ship and offshore certification. Dolphin Drilling, an independent