Fossil Energy
Namibia: No Tapir Oil for Chariot
Chariot Oil & Gas Limited , an oil and gas exploration company focused on Africa, announces that the Tapir South (1811/5-1) exploration well in Northern Block 1811A in the Namibe basin offshore Namibia has reached a total depth of 4,879 metres TVDss. The the second well ever to have been drilled in
Cyprus: Songa Offshore’s Fleet Status Update for April
Songa Offshore, a Cyprus-based international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 4 on order, has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate
UK: Bond’s EC225 Helicopters Grounded
Bond Offshore Helicopters Ltd yesterday said it would continue the suspension of all EC225 helicopter flights. Bond, the provider of offshore helicopter transportation services between Aberdeen, Scotland and several North Sea oil platforms, cancelled all EC225 flights following the “controlled desce
UK: Carnaby Well Spudded
Nautical Petroleum plc announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012. The well is being drilled using the Sedco 711 semi-submersible rig and is being managed by Applied Drilling Technology International (ADTI). The
Norway: Fabricom to Carry Out Modifications on Gjøa Platform
GDF SUEZ E&P Norge AS has, has awarded a frame contract for modifications on the Gjøa platform to Fabricom AS. Fabricom will, under the agreemenr, carry out modification work involving design basis changes and other major modifications on the platform located 45 kilometres from land near the norther
Nord Stream Looking at Increasing Gas Transport Capacity
The Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria o
DSM Introduces New Fiber for Deepwater Mooring Ropes
The Netherlands-based DSM, producer of Dyneema®, the world’s strongest fiber™, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durability. DM 20 is an innovative fiber that completely redefines the capability of
Investors’ Confidence in UK Upstream Industry Rises
Oil & Gas UK’s Q1 2012 business confidence index published yesterday (10 May) reveals that the confidence of the upstream oil and gas industry across Britain has risen to 64 points on a 100 point scale – the highest since the survey was launched in Q1 2009. However, the leap in optimism is driven by
Elgin Gas Leak: Well Intervention Preps Almost Done (VIDEO)
Final preparations for the planned well intervention on Elgin’s leaking G4 well are nearing completion. These have included the West Phoenix drilling rig positioning itself about 30 metres away from the Elgin complex ready to support the operation. Weather permitting, the well intervention should no
The Netherlands: Former Shell Man Ready to Take CFO Post at SBM Offshore
SBM Offshore N.V. has announced the proposed appointment of Mr Peter van Rossum as Chief Financial Officer (CFO) and as a member of its Management Board. Subject to approval by shareholders at an Extraordinary General Meeting to be held on 27 June 2012, Mr Peter van Rossum will start his new functio
TGS Buys Volant Solutions (USA)
Norway’s TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increa
UK: Bond Offshore Helicopters’ Crew Safe
Bond Offshore Helicopters Ltd, one of the UK’s leading providers of energy support services reports that at 12.13h yesterday an Eurocopter EC225 helicopter (registration G-REDW) outbound from Aberdeen going to the Ensco102 Maersk Resilient platform made a controlled descent 24 nautical miles off-sho
Oil & Gas UK: Well Services Sector Worth USD 3 bln
Oil & Gas UK’s report on the UK oil and gas well services sector, published yesterday, shows that in 2011 the gross revenue generated from UK oil and gas business grew dramatically by 28 per cent to $2.8 billion (£1.7 billion). The number of highly-skilled jobs supported by the sector across the UK
Secretary of State for Scotland Visits Bibby Offshore
Aberdeen-based subsea installation contractor Bibby Offshore today hosted a visit by the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, as part of a fact-finding mission on the energy sector in the city in conjunction with Oil & Gas UK. He joined senior representatives from Bibby Offsho