Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p
Petrofac, the international oil & gas facilities service provider, announces that Andy Inglis has joined the company as Chief Executive of its Energy Developments and Production Solutions businesses. Following a familiarisation period, he will join the Board of Petrofac in March and will re-locate t
Repsol Chairman Antonio Brufau and Sinopec Chairman Su Shulin today in Madrid presided over the first joint meeting at the top corporate level between both companies following the agreements reached in Brazil. At the meeting, both chairmen agreed to create working groups to analyse new business oppo
Desire Petroleum plc the company wholly focussed on the North Falkland Basin, announces that Eddie Wisniewski, currently a non-executive director, has been appointed Finance Director. Aged 50, Eddie qualified as a Chartered Accountant with Touche Ross & Co, leaving in 1988 to join Clyde Petroleum Pl
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is b
KBR announced that it has completed the acquisition of the 44.94 percent share interest in M.W. Kellogg Limited (MWKL) previously held by JGC Corporation . With the completion of the transaction, MWKL, which was previously an affiliate of both companies since 1992, is again a wholly-owned KBR subsid
Acergy S.A . and Subsea 7 Inc. announced that the combination between the parties is expected to be completed on January 7, 2011. In light of this, the following is announced: After completion the new company will be known as Subsea 7 S.A. and the restated Articles of Incorporation approved by Acerg
EnCore Oil plc announces that the Varadero exploration well 28/9-2 located in UK Central North Sea block 28/9 was drilled to a Total Depth of 5,205 feet Measured Depth (M.D.) having successfully encountered excellent quality hydrocarbon bearing reservoir sandstones at 4,020 feet M.D. within the targ
One of the extensions within OCTOPUS-Onboard is the Dynamic Positioning capability forecast function, DP for short. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. An important remark has to be made
In connection with a series of articles in December 2010, questions were raised concerning whether Maersk Oil was in compliance with the prevailing guidelines for water sampling and analysis and oil spill reporting. The Danish Environmental Protection Agency subsequently requested a report from Maer
TGS has signed a three year sales, marketing and 2D seismic Cooperation Agreement with Dalmornefte Geophysica Yuzhno- Sakhalinsk (DMNG) in the Arctic region, east and west of the Bering Strait. The Cooperation Agreement includes industry funded 2D operations performed in Russian waters during Q3 201
Lundin Petroleum AB (Lundin Petroleum) completed the exploration well 16/7-9 on the Norall prospect located in Block 16/7, (PL409), in the central part of the North Sea on the Norwegian Continental Shelf. This was the first exploration well in PL409 which was awarded in 2007 as a result of the APA20
DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and offshore contract drilling oil services, announced today that its 78% owned subsidiary Ocean Rig UDW Inc. successfully took delivery of its newbuilding drillship, the Ocean Rig Corcovado. The Ocean Rig Corcov
Seadrill has entered into an agreement to acquire the two ultra-deepwater semi-submersible drilling rigs, Seadragon I and Seadragon II. The total project price for the two rigs, which are currently under construction at the Jurong Shipyard in Singapore, is estimated to be approximately US$1.2 billio
