A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey was held yesterday in Ankara. During the meeting a wide range of issues were discussed in the field of cooperation between Russia
Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips’ interest in three producing U.K. oil fields in the Central North Sea for $330 million, including approximately $94 million of tax attributes. Current net production from this asset group is approxi
Polarcus Limited, a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offsho
Norway’s Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution
Viking Supply Ships AS daughter company Trans Viking Icebreaking & Offshore AS (“TVIO”) has agreed to an addendum to the charter party with the Swedish Maritime Administration (“SMA”) which gives TVIO an option to end the contract for Vidar Viking, one of the Company’s three Icebreakers/AHTS-vessels
Awilco Drilling PLC on Friday signed the contract with Suncor Energy UK Limited for the provision of WilHunter for the drilling of one HPHT exploration well. The contract value is estimated to be USD 27 million. The contract is expected to commence in Q3 of 2012. WilHunter is one of Awilco Drilling’
Sterling Resources Ltd. announces that today operations commenced on the appraisal well on Block F17a in the Netherlands North Sea. The jack-up rig Maersk Resolute was put on contract on December 21, 2011 following weather related delays on the previous contract. Results of the well are expected aro
Moorings Systems has completed the installation of a flexible export flowline to transfer water to a DP tanker at the BP Valhall platform complex in the Norwegian North Sea. The project involved installation of 1,160 metres, 6” flexible flowline, front end engineering, mobilisation of equipment, and
Hydratight has formed a strategic partnership with one of the world’s leading commercial diver training schools. Hydratight and the UK-based Professional Diving Academy will collaborate on specialist courses aimed at improving both subsea joint integrity and skills, as well as diver safety. The part
Antrim, an international oil and gas exploration and production company announced preliminary results from drilling operations of Antrim-operated well 21/29d-11Z, a sidetrack of the Erne discovery well 21/29d-11 (Antrim working interest 50%) in the UK Central North Sea. The 21/29d-11Z sidetrack well
BG Norge AS, operator of production licence 373 S, is in the process of completing the drilling of wildcat well 34/3-3 S and appraisal well 34/3-3 A, Norwegian Petroleum Directorate announced on its website. The wells are situated west of the Knarr field (formerly called Jordbær) in the northern par
DOF Subsea, a leading provider of subsea services with a dedicated capability in all the major oil and gas production areas around the world, yesterday announced that it has secured Contract with Subsea 7 for one DOF Installer class vessel. DOF Subsea Chartering AS, a subsidiary of DOF Subsea AS, ha
Norwegian Energy Company (Noreco) has completed the sale of its interests in the Siri field in the Danish North Sea to DONG Energy. The agreement to sell Siri was announced in July this year. The agreement involves Noreco’s 50 percent interest in license 6/95 in Denmark, and the price is USD 13 mill
Providence Resources P.l.c., has signed an agreement with San Leon Energy Plc which will see Providence increase its working interest in Standard Exploration Licence 1/11 („Licence‟) from 50% to 80%. Under the terms of the agreement, Providence will assume San Leon‟s 30% working interest in the Li
