Fossil Energy
Lundin finds no oil in Gobi wildcat
Lundin Petroleum AB has announced that the exploration drilling of the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia has been completed and that no hydrocarbon shows were encountered. Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 meters below mean sea level (MSL) usi
Total to use drillship Maersk Venturer off Malaysia
Maersk Drilling’s third drillship, Maersk Venturer, which was delivered on September 25, 2014 from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si in South-Korea, has secured a short term contract with oil major Total. Maersk Venturer will start a one well programme offshore Malaysia with an
Ophir buys deepwater acreage off Indonesia
Ophir Energy plc has entered into an agreement with Niko Resources to acquire interests in seven deepwater Production Sharing Contracts (“PSCs”) in Indonesia. The transaction brings access to large acreage positions in highly prospective basins and expands Ophir’s footprint in South East Asia, follo
Lundin spuds Kitabu-1 well off Malaysia
Lundin Petroleum AB has spud the Kitabu-1 exploration well in Block SB 307/308, offshore Sabah, Malaysia. The Kitabu prospect is a stratigraphic trap located four kilometres to the north of the Shell-operated producing South Furious 30 oil field with target reservoirs in onlapping turbidite sandston
Bowleven gets nod for completion of Etinde farm-out
Bowleven has received notification from the Ministry of Mines of the Cameroon Government’s approval of the assignment of the Etinde equity interests to LUKOIL/NewAge, and the associated transfer of operatorship to Camop. As a result of the Government’s official approval, the only remaining formality
PSA Norway audits ‘Safe Scandinavia’
The Petroleum Safety Authority (PSA) Norway has carried out an audit of stability, ballasting, and the watertight and weathertight integrity of semi-submersible accommodation support vessel Safe Scandinavia. On 23 and 24 September 2014, with assistance from the Norwegian Maritime Directorate, the PS
Shelf Drilling hires Drydocks to repair ‘High Island IV’ jack-up
Drydocks World has been chosen to carry out the drydocking and repairs of the jack-up “High Island IV” for Shelf Drilling, one of the major players in the shallow water drilling market, and owners of 40 rigs worldwide. Drydocks World-Dubai has a successful past with Shelf Drilling, previously comple
Mubadala: Manora production to kick off in November
Mubadala Petroleum has informed that the first three development wells in the Manora Oil Development, in the Northern Gulf of Thailand – MNA-01, MNA-02 and MNA-03 – have now been completed. Mubadala Petroleum is the operator of the Manora Oil Development joint venture and Tap Oil Limited has 30% int
KrisEnergy hires Rubicon Vantage FSO for Wassana work
KrisEnergy Ltd. has chartered the Rubicon Vantage FSO vessel and a catenary anchor leg mooring (“CALM”) buoy for utilisation on the Wassana oil development in the G10/48 licence area in the Gulf of Thailand. The Wassana field is anticipated to start production in the second half of 2015. The Rubicon
Popular news, October 20 – 26, 2014
The articles you have read the most this past week include an article on tragic death of Total CEO; the death of two workers offshore Malaysia; Baker Hughes joining the Bentley field development group; new CEO appointment at Noble Energy; contract extensions for two Ocean Rig’s drillships; new disco
Baker Hughes: Offshore rigs down this week
Baker Hughes Incorporated has announced a Weekly Rig Count report to its Investor Relations website. Just like last week, offshore rig count is down again this week. BHI Rig Count: U.S. +9 to 1927 rigs U.S. Rig Count is up 9 rigs from last week to 1927, with oil rigs up 5 to 1595, gas […]
VAALCO to drill four wells off Angola by late 2017
VAALCO Energy, Inc. has entered into the Subsequent Exploration Phase (“SEP”) on Block 5 offshore Angola. VAALCO has entered the SEP together with its working interest partner, Sonangol P&P, as provided for in the Production Sharing Agreement signed in 2006 with the Republic of Angola, the company e
Petrobras finds gas in Espírito Santo Basin
Brazil’s Petrobras has announced the discovery of a hydrocarbon accumulation in deep waters of the Espírito Santo Basin while drilling the Lontra well, at a water depth of 1,319 meters. The well, which is 81 km offshore the city of Vitória in Espírito Santo state and lies within the Golfinho concess
‘7-Waves’ vessel launched (Gallery)
Dutch offshore services company Rederij Groen has taken delivery of the ‘7-Waves’, the second of a total three identical Seismic Research Support Vessels. Once the third of these so-called offshore chasers will join the fleet in January 2015, all of Groen’s five custom built chasers will have been b