Fossil Energy
Statoil Gets Nod to Remove TOGI Template (Norway)
Statoil has received consent from PSA Norway to remove the Troll Oseberg Gas Injection (TOGI) template from the seabed and transport it onshore for scrapping and recycling. The TOGI facility is part of production licence 085 and is located south of Troll Øst in block 31/6. The consent relates to rem
UK: Xcite Energy Prepares for Bentley Production Tests
Xcite Energy has announced that the 9/3b-7 well at its Bentley field, offshore UK, has reached target depth of 9,377 feet (measured depth). A reservoir section in excess of 2,200 feet has been penetrated, with 100% net pay, and sand screens have been run successfully. The remainder of the planned op
UK: Ithaca Ends Takeover Talks
Ithaca Energy Inc. has ceased discussions with all parties regarding the potential acquisition of all of the outstanding shares of the Company. As previously announced, the Company received, initially, a confidential, non-binding proposal to acquire all of the outstanding shares of the Company and,
Norway: Reef Subsea’s New Vessels Complete First Operations
Reef Subsea AS announced that it has successfully completed two contracts for its new subsea support vessels to perform their maiden operations. The Reef Despina and Reef Larissa have recently completed their first projects for Aker Solutions and Heerema Marine Contractors, respectively. Reef Subsea
Russia: CEO Resigns from TNK-BP
Mikhail Fridman has submitted a letter of resignation to TNK-BP Ltd.’s Board of Directors, notifying his resignation from the position of Chief Executive Officer of the TNK-BP Group. Mikhail Fridman has also sent TNK-BP shareholders a letter of resignation from the position of Chairman of the Manage
Sonardyne’s Equipment Important for OBN Surveys
Continuing with its 2012 event calendar, Sonardyne International will be exhibiting at EAGE (European Association of Geoscientists & Engineers), 4th-7th June in Copenhagen and Caspian Oil & Gas, 5th-8th June in Baku, Azerbaijan. The largest, most comprehensive geoscience event in the world, EAGE is
UK: Tybalt Appraisal Results Disappoint
Valiant Petroleum plc reports that the Tybalt appraisal well 211/8c-5 has now been drilled to a total depth of 13,212′ Measured Depth. The well penetrated a full Upper Magnus Sandstone Member (UMSM) section, comprising 844′ gross, with 316′ of net sand. 210′ of core was successfully recovered from t
UK: Atlantic Offshore Provides Support Vessels for Oil Majors in North Sea
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has secured contracts in the last few weeks with major oil companies worth a combined £12million. The vessels will provide support in the UK North Sea for Shell, Nexen, Hess and Talisman Energy (UK) Limited. Atlantic Offshore has been i
Australia: Karoon Updates on Browse Basin Drilling
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, the Boreas-1 well was completing pressure testing of the BOPs on surface. Since the last report, the 12-1/4” hole section was drilled from 3908 m to 4009 m, 9-5/8” casing was run and cemented, and the BOP and marine riser were pulled
UK: Oil Flows at Athena Field
Ithaca Energy Inc. announces the successful start-up of oil production from the Athena field. The initial operations phase of the field is in line with management’s expectations and proceeding as planned. This involves bringing production from each well online and establishing stable performance of
UK: Pinsent Masons Welcomes New Partner to Its Energy and Natural Resources Team
International law firm Pinsent Masons has appointed Akshai Fofaria as a Partner in the firm’s Energy and Natural Resources team. Fofaria joins from Jones Day’s well-respected Africa team based in Paris. The move will see him relocate to London but continue to focus on projects work in the oil and ga
BHP Billiton Gets More Time to Find Suitable Rig (Philippines)
The Philippines Department of Energy (DOE) has approved BHP Billiton a 12 months extension to the current Exploration Sub-Phase 4 of SC55, located offshore Palawan. The company in April filed a request for an 18 months extension to their contractual deadline to complete drilling of the commitment we
No Shutdown Order for ConocoPhillips’ Tor Field, PSA Norway Says
In a letter dated 13 April 2012, the Petroleum Safety Authority Norway (PSA) issued ConocoPhillips a notification of order to shut down all systems that require a functioning depressurisation system on Tor 2/4 E until a depressurisation system that complies with regulatory requirements is in place.
USA: Salazar Wants Live Demonstration of MWCC’s Capabilities
As part of the Obama administration’s ongoing efforts to strengthen the oil and gas industry’s ability to respond in the event of a deepwater blowout and ensure that offshore oil and gas production can continue to expand safely and responsibly, Secretary of the Interior Ken Salazar yesterday charged