Fossil Energy
Atwood Manta Arrives at Bua Ban North B Field (Thailand)
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announced that the Atwood Manta jack-up rig has arrived on location at the Bua Ban North B field and is currently rigging up. The Company plans to drill eight development and appraisal wells at Bua Ban
Statoil to Use New Production Pipeline on Visund Sør Field (Norway)
The Petroleum Safety Authority Norway has given it consent to Statoil to use a new production pipeline and well on Visund Sør offshore oil and gas field. Visund Sør is located ten kilometres from the Gullfaks C and Visund A platforms in the Norwegian par of the North Sea and is part of production li
Tullow Acquires Spring Energy Norway for $372 Mln
Tullow Oil plc announces today that it has entered into an agreement to acquire Spring Energy Norway AS (“Spring”), a Norwegian exploration company, for a purchase price of $372.3 million which will be adjusted for working capital. The purchase has an effective date of 1 September 2012. Tullow is al
Aberdeen Harbour a Step Closer to Expansion (UK)
Aberdeen Harbour Board has submitted a Directions for Growth document to the National Planning Framework, in response to its call for candidate developments. The document outlines the findings from an ongoing feasibility study, which was launched in September to assess the viability of potential exp
Maersk Gets Approval to Drill First Well in PL 513 (Norway)
The Norwegian Petroleum Directorate has granted Maersk Oil Norway AS a drilling permit for wellbore 6506/6-2 in the Norwegian Sea, off the coast of Kristiansund. The well be drilled from the Transocean Barents semi-submersible drilling rig.. The drilling programme for the well relates to drilling of
Dockwise Pens Six New Contracts Worth $60 Mln (The Netherlands)
Dutch heavy lift and transportation specialist Dockwise today announces that it has been awarded 6 new contracts, letters of intent and contract extensions with a total value of almost USD 60 million. The contracts include a material change order for a Vanguard contract delivering the customer a lat
Songa Offshore: Fleet Status Update for November 2012
Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for November 2012. Songa Venus achieved an operating efficiency of 98% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficienc
ConocoPhillips to Spend $15.8 Billion in 2013
ConocoPhillips has announced a 2013 capital budget of $15.8 billion (including contributions to the FCCL joint venture), which is approximately flat to expected 2012 capital program spending. Investments during 2013 will target the company’s diverse portfolio of global opportunities, with approximat
QTEC Moves to New Premises. Increases Workforce (UK)
Independent oil and gas service company QTEC International has moved offices in Aberdeen and increased its shore-based workforce with the appointment of two new staff members. The firm has agreed a two-year lease of 1,500 square feet of office space at Bridge House on Riverside Drive to accommodate
Former Wood Group, Halliburton Man Joins Expro
UK’s Expro ,an oil and gas well management company, has appointed Jim Renfroe as a Non-Executive Director. A graduate of Harvard’s Advanced Management Program, Renfroe brings a wealth of experience in his 39 years working in oilfield services, including a range of strategic management and executive
BP Building Supercomputer to Enhance Seismic Data Processing (USA)
BP on Friday announced the start of construction of a new facility to house the largest supercomputing complex for commercial research in the world, a project that will keep BP at the forefront of seismic imaging technology and be a critical tool in its global hunt for oil and natural gas in coming
Atlantic Petroleum Enters Dutch North Sea
P/F Atlantic Petroleum today announces, through its wholly owned subsidiary Volantis Netherlands BV, the Company is obtaining a six per cent interest in Licences E1, E2, E4, and E5 offshore Netherlands. The licences are operated by Centrica and lie adjacent to UK/Netherlands border in approximately
Subsea 7 Buys Havila Shipping’s Stake in Acergy Havila
Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited, Havila Shipping announced today. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in February 2011, upon which it immediately st
Wintershall Spuds Rodriguez Well in Norwegian Sea
Wintershall Norge has spudded the Rodriguez exploration well, located in the Norwegian Sea. The main objective for this well is to test for oil in the middle Jurassic sandstones of the Garn, Ile and Tilje formations. The water depth at the location is 291 metres and the well is planned to be drilled