The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focussed producer, developer and explorer of oil and gas assets, provides the following operational update on the Guendalina Gas Field. Italy – Concession AC 35 AG – Guendalina Gas Field (MOG interest 20%, ENI 80% and Operator) The
EnCore announces that the Company is planning for a subsidiary company, which will be assigned the Exploration Assets, to be floated on AIM. The new company will be known as XEO Exploration plc (“XEO”). Subject to regulatory approvals and a successful institutional placing, XEO is expected to be adm
Providence Resources Plc (“Providence”), the AIM and IEX listed company, has secured a semi-submersible rig for its well programme in the Celtic Sea during the summer of 2011. This forms part of Providence’s previously announced multi-year, multi-basin drilling programme, offshore Ireland. Under the
Maersk Oil announces that it has been awarded a 30% non-operated share in Licence PL597 on the Halten Terrace offshore Norway in the 21st Licencing Round. The operator of the licence is VNG Norge A/S (40%) with Dana Petroleum Plc as partner (30%). Together with Maersk Oil, the partners are committed
At Ocean Business 2011, Ashtead Technology announces investments totalling $2.25 million, in new high technology rental equipment from leading manufacturers including Reson, R2Sonic, Tritech, Ixsea and Sonardyne. Ashtead Technology strive to remain at the forefront of the latest technology, meeting
Videsh Limited signed definitive agreements for acquisition of 25% participating interest in Satpayev exploration block with KazMunaiGas, the national oil company of Kazakhstan on16thApril, 2011 at Astana, Kazakhstan in presence of Hon’blethe Prime Minister of India and the President of Kazakhstan.
Endeavour International Corporation today announced agreement of commercial terms for the processing and transportation of East Rochelle production on the Scott Platform, in the Central North Sea. Endeavour, operator of the East Rochelle, plans to award contracts and commence construction of the pro
Songa Offshore announces that a firm contract for the use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the use of the Songa Mercur for Gazflot’s upcoming drilling campaign offshore Sakhalin Island during the 2011 summer season. The rig is cur
Subsea 7 S.A. announced today the award of a contract with A/S Norske Shell for subsea pipeline installation services for the Ormen Lange Northern Field Development – Mid North Project in the Norwegian Sea. The work is the first call-off under Subsea 7’s Frame Agreement with Shell for Pipeline Insta
North Energy ASA has been awarded a license in the 21st Licensing Round on the Norwegian Continental Shelf (NCS) announced by the Ministry of Petroleum and Energy on the 15th of April, 2011. The license is located in the Norwegian Sea just south of Lofoten (Nordland 6) and just northeast of two of N
The Norwegian Petroleum Directorate has granted a drilling permit for wellbore 6407/3-1 S, cf. Section 8 of the Resource Management Regulations. Wellbore 6407/3-1 S will be drilled from the Transocean Leader drilling facility at position 64°46’32.49” N and 7°42’14.23” E after it has completed drilli
The lifting incident on Njord A on 18 December 2010 could, under insignificantly altered circumstances, have resulted in loss of life and significant material damage. The Petroleum Safety Authority Norway’s (PSA’s) investigation of the incident has identified several nonconformities in relation to t
The engineers at West Maritime have become a part of the Design & Solutions business area at ULSTEIN, in connection with a strategic effort to strengthen the engineering area. “Engineering is an important focus for Design & Solutions, as it ties together what we do in design with what we do in terms
EnCore Oil plc announces the following changes to its Board of Directors. Non-Executive Director, L. Keith Hughes has tendered his resignation with immediate effect. Keith has recently become a senior partner at a law firm which has a general policy prohibiting partners holding non-executive directo