Fossil Energy
Ocean Rig CEO: ‘Outlook for the UDW Drilling Industry is Very Positive’
Ocean Rig UDW Inc., an international contractor of offshore deepwater drilling services, announced its unaudited financial and operating results for the first quarter ended March 31, 2013. The Company reported a net income of $6.4 million, or $O.05 basic and diluted earnings per share. Also, the Com
Statoil Receives Permission to Drill Appraisal Well in PL 128 (Norway)
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6608/11-8 in the Norwegian Sea. The well will be drilled from the Songa Trym drilling rig. The drilling programme for well 6608/11-8 relates to drilling of an appraisal well in production licence 128. Sta
Statoil to Use Ocean Vanguard at Johan Sverdrup (Norway)
Statoil Petroleum AS (Statoil) has received consent to carry out exploration drilling of well 16/2-18 S at the Johan Sverdrup field with the Ocean Vanguard rig. Water depth at the site is 112 metres. The drilling is scheduled to begin at the end of May 2013 and has a duration of approximately 63 day
Malta: MOG to Use Noble Paul Romano Rig for Hagar Qim 1 Well
Mediterranean Oil & Gas Plc (MOG) has reached agreement with Genel Energy Plc to enable the deep-water semi-submersible drilling rig, the Paul Romano, which Genel has contracted with Noble Corporation, to drill one exploration well offshore Malta Area 4 in the fourth quarter 2013. The Paul Romano wi
Dry Hole for Lundin in North Sea (Norway)
Lundin Petroleum has completed the drilling of wildcat well 7/4-3, offshore Norway. The well was drilled 24 km north of the Lundin Petroleum operated Brynhild field in the North Sea, offshore Norway, and approximately 22 km east of the UK Everest field. The exploration well 7/4-3 was targeting the U
Plexus Receives POS-GRIP Wellhead System Order from GDF Suez
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces it has received a purchase order worth circa £1 million from GDF Suez E&P UK Ltd , a leading oil and gas company, to supply its
EMGS, TGS to Jointly Develop North-Western Europe Projects
Electromagnetic Geoservices ASA (EMGS) and TGS have signed a cooperation agreement to develop joint multi-client projects in defined areas of north-western Europe. With this agreement, EMGS will be given access to TGS’s 2D seismic data as the basis for planning new 3D controlled-source electromagnet
Talisman to Remove Yme Platform in Summer 2014 (Norway)
Talisman Energy, a Canadian oil and gas company with operations worldwide, has set a deadline for the removal of the troublesome Yme platform from the Norwegian part of the North Sea, Reuters has reported. The platform has been sitting unmanned in the Norwegian part of the North Sea since mid-July,
VIDEO: Edda Ferd PSV Nominated for Nor-Shipping Next Generation Ship Award
Nor-Shipping announced today Edda Ferd Platform Supply Vessel is nominated for the 2013 Nor-Shipping Next Generation Ship Award. HRH Crown Prince Haakon of Norway will present the award when announced at the Opening Conference on June 4, 2013. The Next Generation Ship Award recognizes the yard, desi
Fabricom Offshore Services Moves to New Premises (UK)
Fast evolving Oil & Gas engineering company, Fabricom Offshore Services has announced its relocation from Aberdeen’s Riverside House to larger office facilities at Berry Street in the city centre. The move, which comes less than a year after the company established a base in Aberdeen, is the result
Sterling Resources Looks Forward to First Gas Production from Breagh (UK)
Sterling Resources Ltd. an international oil and gas company with exploration and development assets in the United Kingdom, Romania, France and the Netherlands, announces interim operating and financial results for the quarter ended March 31, 2013. Unless otherwise noted all figures contained in thi
Farstad Sells Lady Kari-Ann PSV
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, sold the PSV Lady Kari-Ann (1982, ME 202, 2,972 DWT). Delivery of the vessel to the new owner took place Tuesday 21 May 2013. Sale of the vessel will give a booked profit of approx. NOK 3.5 mill. i
Norway Approves Ivar Aasen Field Development
Det norske oljeselskap ASA today announced that it has received approval from the Norwegian Parliament (Storting) for the Ivar Aasen development in the North Sea. Total investments in the project are estimated at NOK 24.7 billion (approximately $4.3 billion) COO Øyvind Bratsberg commented: “ When th
Wood Group Acquires Intetech (UK)
Wood Group announces the acquisition of Intetech Limited (“Intetech”), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people, had revenue for the year to December