Fossil Energy
New discovery for CNOOC in Bohai
CNOOC Limited has made a mid-to-large new discovery Jinzhou 23-2 in Bohai, China. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well Jinzhou 23-2-3 is drilled and completed at a depth of 1,097 meters and encountere
OneSubsea in 10-year deal with BG
OneSubsea, a Cameron and Schlumberger company, has signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. By adopting OneSubsea’s integrated solutions capabilities, the agreement establishes a framework for BG to pursue a standardized ap
Oil & Gas UK sings praises to GDF SUEZ, BP
Oil & Gas UK has welcomed yesterday’s announcement (October 23) of a new discovery in the UK Central North Sea (CNS) by GDF SUEZ E&P Ltd and BP. Oil & Gas UK says it is a great example of two companies coming together and collaborating to better understand the exploration opportunities that remain w
Ross Offshore, Lundin, Det norske in offshore flights deal
Norway’s Ross Offshore has secured a long term contract with oil companies Lundin Petroleum and Det norske oljeselskap. Ross Offshore said that the contract is „for booking of personnel for offshore flights in a collaborative project between Lundin and Det norske,“ without further elaboration. The c
Catcher FPSO classification in DNV GL’s hands
BW Offshore has chosen DNV GL to provide classification, verification and certification services for the Catcher FPSO being deployed in the UK North Sea. DNV GL is already providing similar services to 70% of the FPSOs on the UK shelf and has delivered all the newbuild FPSOs to the sector since 2000
Riverstone Holdings in Proserv buy
Proserv, an energy services company, has signed a definitive agreement to be acquired by major US private equity investor Riverstone Holdings LLC. Proserv will continue to operate as an independent company under the deal announced today to which Riverstone Global Energy and Power Fund V, L.P., in pa
Rosneft to continue Arctic exploration with or without Exxon, CEO says
Igor Sechin, CEO of Russian oil giant Rosneft, has said that the company will continue its Arctic drilling operation with or without ExxonMobil. According to Reuters, Sechin today said: “We will continue drilling in any case, on our own, always and everywhere. If partners can take part – that’s good
Statoil expands off Australia
Statoil continues to expand in Australia, with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia. This is Statoil’s third asset in Australia, adding to the onshore operatorship in the Northern Territory’s
Statoil names SVP for investor relations
Norwegian oil company has appointed Peter Hutton as senior vice president CFO investor relations and will report to chief financial officer Torgrim Reitan. Hutton is currently director of oil and gas research in RBC Capital Markets London, and has broad international experience from the oil and gas
Fugro introduces high-res subsea laser scanning
Fugro has expanded its services for the offshore oil and gas sector with the addition of high resolution subsea laser scanning. This specialist technology can be applied to a wide range of subsea services including metrology, field mapping, structure mapping, change detection and integrity managemen
Three die in Azeri platform incident
Three workers were killed and one is still missing after a fire broke out on a Socar-run platform, in the Caspian Sea, offshore Azerbaijan.
LLOG installs Delta House FPS, hits target in GoM
LLOG Bluewater (LLOG) has installed its Delta House floating production system (FPS) in Mississippi Canyon 254, in the Gulf of Mexico. LLOG Bluewater is a joint venture between LLOG Exploration L.L.C. and Blackstone Energy Partners and its affiliates. Delta House FPS reached its location in mid-Sept
Karoon to spud Kangaroo-2 appraisal well in November
Karoon Gas Australia has taken possession of the Olinda Star semi-submersible drilling rig from Petrobras. The rig is currently in the Campos Basin and expected to be on location in the Santos Basin running anchors in the next few days. The rig is expected to spud the Kangaroo-2 appraisal well, offs
Vroon’s first two MPSVs launched in China
Vroon’s first two multi-purpose platform-supply vessels (MPSV), VOS Pride and VOS Prime were launched at at Fujian South East Shipyard (FSES) in Fuzhou, China.