Fossil Energy
Eni CEO meets Kazakhstan’s new Minister of Energy
The new Minister of Energy Vladimir Shkolnik, the Chairman of the Management Board of State Oil Company KazMunaiGaz Sauat Mynbayev and Eni’s CEO Claudio Descalzi met on Friday, October 10, in Astana, Kazakhstan. During the meetings, they discussed the results and developments of Eni’s activities in
CNOOC: Production kicks off in Enping (China)
CNOOC Limited has announced that its Enping 24-2 oilfield, in the South China Sea, has started production. Enping 24-2 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 86~96 meters. The main production facilities include one drill
Det norske takes over four North Sea fields
The Petroleum Safety Authority (PSA) Norway has given Det norske oljeselskap ASA consent to use the existing facilities on the Alvheim, Vilje and Volund fields, and the new Bøyla field, in the North Sea. The background to this consent is Det norske‘s acquisition of Marathon Oil Norge AS and the comp
‘Stena Clyde’ semi-sub to arrive at Pryderi a week late (Australia)
As a partner in the WA-424-P Joint Venture, IPB Petroleum has received updated advice from its drilling contractor that the estimated start date for the Pryderi-1 rig contract, offshore W. Australia, is around 24 October, 2014. Pryderi-1 well is located in the Browse Basin, north of Broome, offshore
Harvey Gulf expands in Mexico
Harvey Gulf International Marine, LLC has announced its continued strategic business growth by establishing Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. With a presence in Mexico, Harvey Gulf says it is now able to fully service the needs of its clients currently operating in the offs
Sembcorp Marine to convert Teekay’s shuttle tanker to Libra FPSO
Sembcorp Marine’s subsidiary Jurong Shipyard Pte Ltd has secured a US$696 million contract to convert a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel for OOGTK Libra GmbH & Co KG, a joint venture between Brazil’s Odebrecht Oil & Gas and Teekay Offshore. The contrac
Lundin spuds Gobi well (Indonesia)
Lundin Petroleum has spudded the Gobi-1 exploration well, with the Hakuryu-11 jack-up rig, in the Gurita Production Sharing Contract (“PSC”), Republic of Indonesia. The well was spudded on October 13, 2014. The well is currently in the process of running the 30” conductor to a depth at or around 205
Horizon Oil strikes again in Beibu Gulf (China)
Horizon Oil has completed the drilling of the second of a two exploration well program in the Beibu Gulf Block 22/12, offshore China. The WZ 12-10-2 well is located is located in 36 m of water 1.6 km east northeast of the existing WZ 12-8W platform and about 3.2 km west southwest of the recently [&h
Harvest to use FPSO for Ruche field, offshore Gabon
Harvest Natural Resources has received approval for its Development and Production Plan (FDP) for Ruche field, offshore Gabon, Panoro Energy, a partner in the project, has informed. The field, which includes the Ruche A (formally Ruche), Ruche B (Tortue), Ruche C (Moubenga) and Ruche D (Walt Whitm
Petronas pays $2.25B for Statoil’s Azeri assets
Norway’s Statoil has sold its 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% share in the SCPC holding company, and 12.4% share in the Azerbaijan Gas Supply Company (AGSC) to the Malaysian oil and gas comp
Most popular articles of the week October 6 – 12, 2014
The articles you have read the most this past week include an infographic on how to build an offshore oil platform, a gallery of the world’s biggest jack-up rig nearing Norway, North Sea platform evacuation story and many more. Infographics: How to build an offshore oil platform BP has shared
U.S. offshore rig count down again
According to the Baker Hughes Weekly Rig Count report, the U.S. offshore rig count is down three rigs from last week. BHI Rig Count: U.S. +8 to 1930 rigs U.S. Rig Count is up 8 rigs from last week to 1930, with oil rigs up 18 to 1609, gas rigs down 10 to 320, and […]
Jumbo completes mooring system for Ithaca’s Stella FPF-1
Jumbo has completed the mooring system pre-installation for the Greater Stella Area (GSA) development as a main contractor for Ithaca Energy. Jumbo was managed by Costain Upstream, the subsea project management contractor for the GSA development. GSA is located in the Central North Sea, Central Grab
Safety first: HSE boss keynote speaker at Oil & Gas UK Awards
Oil & Gas UK has announced Judith Hackitt, CBE FREng, Chair of the Health and Safety Executive (HSE), will be the keynote speaker at this year’s Oil & Gas UK Awards. The Oil & Gas UK Awards, sponsored by Shell U.K. Limited, will take place on Thursday 6 November 2014. Prizes will be awarded at [&hel