Fossil Energy
Norway: Ocean Installer Hires EAB for Draugen Field Manifold
Within the frame of its work at the Draugen field, Ocean Installer has awards an EPC manifold contract to EAB Engineering (EAB).
Norway: Centrica Spuds Cooper Well
Faroe Petroleum has announced that Centrica has begun drilling on the Cooper prospect in PL477 in the Norwegian Sea. The exploration well will target the Cooper prospect located in PL477 in block 6506/11 on the Halten Terrace between the Smørbukk oil field, immediately to the east, and the Morvin oi
UK’s Cairn Shells Out USD 453 mln for Agora Acquisition
Cairn, an Edinburgh-based private exploration and production company, has today completed the acquisition of Agora Oil & Gas AS (“Agora”) for a total consideration of approximately USD 453 million. Agora which is now a part of Cairn Group companies, is a Norwegian firm with non-operated exploration,
Lundin Spins Drill Bit at PL519 Offshore Norway
Swedish operator, Lundin Petroleum, has started drilling operations at exploration well 6201/11-3 in PL519 in Norway’s part of the North Sea. The well will target the Albert prospect, which is situated 65 km northwest of the Snorre Field in the northern North Sea. The main objective of well 6201/11-
Italy: MOG Gets Adriatic Sea License Extension
Mediterranean Oil & Gas Plc announces that the Italian Ministry for Economic Development has granted a three year extension until 5 May 2015 to the exploration permit BR269 GC The Ombrina Mare oil and gas field is located in permit BR269 GC, which is offshore Central Adriatic. Bill Higgs, Chief Exec
Spring Energy Plans to Drill Its First Operated Well in 2013
Spring Energy will operate PL 550 & PL 551 with 80 % interest, and the PL 551 license is targeting to drill a well in 2013.
UK: Xcite Energy Charters Shuttle Tanker for Bentley Oil
Xcite Energy announces that drilling of the 9/3b-7 well on the Bentley field is progressing satisfactorily, having reached a total depth of 6684ft. The 17½” section has been drilled, 13⅜”casing set, cemented and pressure tested. The 12¼” hole has been drilled. After the 10¾” x 9⅝” liner has been set
UK: Reef Subsea’s New Vessels Hired by Talisman
Reef Subsea AS announced today that they have been awarded a contract with Talisman Energy (UK) Ltd for the provision of two maintenance support vessels. Reef Subsea’s newly delivered vessels Reef Despina and Reef Larissa, will fulfil the contract for Talisman, which involves supporting the company’
UK: Suncor Hires WilHunter Rig
Last week Awilco Drilling PLC and Suncor Energy signed a Letter of Intent (LOI) for the extension of the contract for the WilHunter semi-submersible drilling rig. Awilco yesterday confirmed that the contract amendment with Suncor Energy was signed to extend the contract for WilHunter for the drillin
UK: ConocoPhillips Hires GMS Endurance
Gulf Marine Services’ (GMS) Aberdeen office has been selected by ConocoPhillips to provide accommodation and support services to their project in the Southern North Sea. GMS Endurance, a self propelled, self elevating accommodation barge built in Abu Dhabi in 2010, will mobilise from the Mediterrane
Talisman Receives Approval to Use MSV Regalia on Yme Field
The Petroleum Safety Authority Norway (PSA) has granted Talisman Energy Norge AS renewed consent to use the MSV Regalia accommodation rig on the Yme offshore field. On 13 October 2011, Talisman received consent to use the MSV Regalia mobile living quarters facility for accommodation on the Yme field
Norway: Kvaerner Invests in New Goliath Crane to Support Edvard Grieg Project
Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million (USD 43 million) in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major co
UK: WilPhoenix Stays with Premier Until 2014
UK-based drilling contractor Awilco Drilling PLC announces today that it has signed the contract with Premier Oil UK Limited for the provision of WilPhoenix semi-submersible offshore drilling rig for a term drilling program. The program will start in direct continuation from the previous Premier con
Norway: Statoil’s 1Q Operating Income at 10 Billion
Norway’s state controlled oil company, Statoil, reported first quarter 2012 net operating income of NOK 57.9 billion (USD 9.98 billion) , a 14% increase compared to NOK 50.8 billion (USD 8.76 billion) in the first quarter of 2011. “Statoil grew production by 11% and realised high oil and gas prices