Fossil Energy
Ramboll Oil & Gas: 80 New O&G Specialists in 6 Months
In the first six months of 2012, Denmark’s Ramboll Oil & Gas has employed 80 new oil and gas specialists. With more than 30 years in the business, the total number of Ramboll Oil & Gas employees now hits an all time high. Thanks to a continually growing demand for Ramboll’s engineering consultancy s
Thai PTTEP Completes Cove Acquisition
Thailand’s PTT Exploration and Production Public Company Limited or PTTEP has acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed. On August 15, 2012, PTTEP received written consent to the indirect change of control in Cove from the Republic of Mozam
Rosneft, ExxonMobil Kick Off Kara Sea Seismic Survey
Russia’s Rosneft has begun exploration work at the East Prinovozemelsky 1 and 2 license blocks in the Kara Sea. Geological surveying has been started one year ahead of the license schedule. Work will run through October 2012. The surveying programme was devised together with ExxonMobil, Rosneft’s st
NPD Wraps Up Jan Mayen Seismic Data Acquisition (Norway)
In the early morning hours of 10 August, the vessel Nordic Explorer concluded the acquisition of 2D seismic around Jan Mayen. The operation has been underway since 5 June. A total of 9 470 kilometres (64 linjes) have been acquired in this area. The vessel has now completed its assignment for the NPD
AGR’s EC-Drill® Recognised by Offshore Operators
A third major operator will use AGR’s Managed Pressure Drilling system EC-Drill® following its success off Cuba. The move follows successful operations for Petronas and another client using EC-Drill®. Petronas has now assigned its contract for the system to the third operator. EC-Drill® is a step-ch
Tartan Platform Problems Keep Duart Field Shut (UK)
The Duart field was shut in on 26 July due to a process shutdown on the host Tartan platform and has remained shut in to date. During the shut in period additional technical issues have come to light which prevent the restart of gas processing on the Tartan platform. The gas process is required to [
Rosneft Deploys Five Research Vessels at Pechora Sea Block, Russia
Rosneft has begun offshore exploration at the South Russky license block in the Pechora Sea. A 3D CDP seismic survey covering 1,200 square kilometres is being carried out by three field exploration parties from Yuzhmorgeologiya. Yuzhmorgeologiya, Iskatel 5, Vyborgsky and Petrogradsky research vessel
Spectrum, Seabird Enter $30 Mln Deal
Spectrum and Seabird Exploration have agreed to enter into a new agreement in which Spectrum agrees to acquire 2D data for a minimum value of USD 30 million over 48 months, commencing upon fulfillment of the USD 23 million in the initial contract. This is estimated to be in September 2012. The prici
Sevan Drilling Eyeing Another Job with Petrobras (Brazil)
Norwegian drilling contractor Sevan Drilling is optimistic about securing charter deals for its under-construction drilling rigs. The company’s two rigs, currently being built in China, are scheduled for delivery in 4Q 2013 and 2Q 2014. Sevan Drilling says it has been in talks with oil companies for
NPD Resumes Barents Sea Seismic Survey
The vessel Artemis Atlantic has resumed acquisition of 2D seismic data as planned in the north-eastern part of the Barents Sea. A total of approx. 14 300 kilometres (about 40 lines) of seismic will be acquired in this area, and according to the plan, the work will continue until mid-October. The fis
Total Extends Contract for Sedco 714 Rig (UK)
One of the world’s largest drilling contractors, Transocean, has announced it has been awarded a contract extension for its Sedco 714 rig. The award comes from Total E&P UK, a subsidiary of the French oil major Total. Under the agreement the rig will continue its work for Total in the UK sector of t
Shell Gets Approval to Remove Oil from Gannet Pipeline (UK)
The Secretary of State’s Representative for Maritime Salvage and Intervention has approved Shell UK’s plans to remove oil contained in the Gannet pipeline. The operation will recover the majority of the oil remaining in the carrier pipe, at a water depth of 91m (300ft), following an oil leak from th
SBM Offshore to Complete Yme Platform ‘As Soon As Possible’
SBM Offshore, a Dutch based provider of systems and services to the global offshore oil and gas industry in its half-yearly report said that it has been working to complete works on the Yme platform “as soon as possible.” The company couldn’t specify the exact date of the completion of the works on
Scottish Secretary of State Visits Dana’s HQ
Dana Petroleum yesterday welcomed the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, to its Aberdeen headquarters. Mr Moore met with Group Chief Executive Dr Marcus Richards to discuss Dana’s plans to invest $5 billion to more than double in size by 2016. Mr Richards said, “This is an e