Minister for Communications, Energy and Natural Resources, Mr. Pat Rabbitte T.D. today announced the award of thirteen new Licensing Options in the Irish offshore. Making the announcement this morning at the opening of a major petroleum research conference in Dublin Minister Rabbitte said that he wa
EnerMech has secured a multi-million pound crane maintenance contract from Maersk Oil North Sea UK Limited (Maersk Oil) for assets operating in the UK. The contract covers the inspection, periodic maintenance and engineering support for all deck cranes on-board the Janice FPU, Gryphon and Global Pro
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
Vroon Offshore on Friday (October 14) announced the delivery and naming of VOS Valiant. The vessel was christened Friday in a ceremony held at the Astilleros Zamakona Shipyard in Pasaia, Spain. Godmother was Mrs. Eva Maria Móreno, wife of Mr. Jesús Villacañas, General Manager, Astilleros Zamakona Sh
Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th De
The Norwegian Petroleum Directorate (NPD), the Danish Energy Agency and ten oil companies will cooperate on research and development and share experience to improve recovery from chalk fields on the Norwegian and Danish shelves. The NPD and the Danish Energy Agency have taken the initiative for the
Valiant Petroleum plc announces that drilling operations have commenced on the Zapffe exploration prospect (Valiant, 10%), located in PL518 in the Norwegian Barents Sea. The well is drilled by the Aker Barents semi-submersible rig and is targeting a Lower Cretaceous/Upper Jurassic pinch-out play loc
DOF has, through its Brazilian subsidiary Norskan Offshore Ltda, signed a contract with Petrobras for Skandi Flamengo. The contract will commence in October 2011 and has a firm duration of 4 years. Skandi Flamengo is a PSV of UT 755 L design built in Brazil in 2003. Platform Supply Vessels transport
The oil and gas group PA Resources has made an oil discovery in the Miocene sandstone level in the Lille John prospect in License 12/06 offshore Denmark. The exploration well will now be sidetracked to a Chalk target. The ongoing exploration well at the Lille John prospect has encountered approximat
Anadarko Petroleum Corporation today announced an agreement with BP to settle all of BP’s current and future claims against Anadarko associated with the Deepwater Horizon event. Under the terms of the settlement agreement, Anadarko agrees to pay $4.0 billion to BP, and both parties have agreed to m
AMEC, the international engineering and project management company, has been appointed by BP and its partners, Shell, ConocoPhillips and Chevron, to deliver the engineering and project management services (EPMS) for the main platform design for Clair Ridge, the second phase of the giant Clair oil fi
TGS has commenced acquisition of a 3D multi-client survey covering 1,500 km2 between the Finnmark Platform and Nordkapp Basin in the Barents Sea. The 150 km long survey follows the bended strike direction of the inverted margin between the two major structural elements in the region. “We believe the
Today, KCA Deutag announced it has been awarded a major contract, by TAQA Bratani, to supply platform drilling and maintenance services to four North Sea drilling platforms (Eider, Tern, North Cormorant and Cormorant Alpha). The primary term of this contract is three years and the award represents n
Statoil has received consent to carry out exploration drilling in the northern North Sea with the COSL Pioneer mobile facility. The consent relates to the drilling of exploration well 33/12-9S which is part of production licence 152. Statoil (70%) is the operator with Petoro (30%) as the partner. CO
