Fossil Energy
Dina Star gets contract extension
Reach Subsea has secured a contract extension for the vessel Dina Star. Reach Subsea says that charterer for Dina Star has exercised an option to extend the contract in October. The operation continues in the High North areas. Dina Star, which has ice class 1B and de-ice, has under this contract ser
2015 Offshore Achievement Awards open for entries
The 2015 Offshore Achievement Awards have opened for entries today, with a new category added which will recognise investment into the future talent of the energy industry. The awards, which are organised and hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section with the support of pri
Trelleborg to display seismic solutions at SEG
Trelleborg’s offshore operation will showcase its comprehensive range of bend protection, towing, handling, and cable management products at the 84th SEG International Exposition in Denver, Colorado. Located on stand 2462, the company will give visitors the chance to see its portfolio of cable prote
PSA inspects Transocean Leader semi-sub
The Petroleum Safety Authority (PSA) has carried out an audit of the Transocean, in respect of logistics on the Transocean Leader semi-submersible drilling rig. The Transocean Leader semi-submersible drilling rig was issued with an Acknowledgement of Compliance (AOC) by the PSA in December 2004. As
Report: Kosmos, Petrosen in $400M Senegal farm-in talks
The Senegalese national oil company Petrosen is set to sign a $400 million farm-in agreement with Kosmos Energy and Timis Corporation. Reuters reported on Saturday that Petrosen was set to sign the farm-in agreement with Kosmos Energy and Timis Corp. regarding its Cayar and St. Louis blocks, located
EMGS: BOA Thalassa hired for 3D survey off Malaysia
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 6.8 million from an international oil company for 3D EM data acquisition in Malaysia. EMGS did not disclose the name of the contractor. “We are pleased to announce the first of several new projects in Asia. Due to inc
Dragon Oil, Petroceltic in takeover discussions
Irish oil and gas exploration company Petroceltic is in detailed discussions regarding a possible offer to be made by Dragon Oil to take over the company. In a statement issued today, Petroceltic said that Dubai-based Dragon Oil has submitted to the Board of Petroceltic proposed offer terms of 230 p
Songa Offshore: One rig stacked waiting for work
Songa Offshore, an international drilling company, has informed that Songa Venus semi-submersible drilling rig is stacked in Malaysia where it pursues future work. Songa Venus is stacked in Labuan, Malaysia, where it pursues future work. The rig was, as previously announced, sold to Opus Offshore
Sevan Drilling, Cosco in talks to delay rig delivery
Norwegian drilling contractor Sevan Drilling needs more time to decide on the Sevan Developer rig fate. The company has today announced that it has agreed with Cosco, the rig builder, to extend the Sevan Developer standstill agreement into the fourth quarter. The agreement should allow the parties
BG gets $350M payment from Egypt
Following the commitment from the Egyptian government to repay outstanding debts to the energy industry, BG Group plc has received a $350 million payment. This reduces the company’s domestic receivables balance in Egypt to around $1.2 billion. The payment is the result of the government of Egypt rai
Centrica kicks off Ivory well drilling
Atlantic Petroleum has announced that drilling of the Centrica-operated Ivory well (6707/10-3 S) in PL 528B, in the Norwegian Sea, has started. Atlantic Petroleum Norge has a 9% working interest in PL 528B located in the Norwegian Sea. The licence is located adjacent to the Statoil-operated Aasta Ha
Faroe Petroleum lands three blocks in Ireland
Faroe Petroleum has been awarded of three new Licensing Options (LO 14/1, 14/2 and 14/3) by the Minister for Communications, Energy and Natural Resources in the Celtic Sea, Republic of Ireland. The two-year Licensing Options are located on the southern margin of the North Celtic Sea basin, in relati
Noreco: September production at 7427 boepd
Norwegian Energy Company ASA (Noreco) in September 2014 produced 7427 barrels of oil equivalents per day (boepd) on average. Net realised price in September was USD 85.7 per barrel of oil equivalents (USD 92.4 per barrel of oil) after adjustments for inventory, NGL and gas prices. For the third quar
Petrobras strikes gas at Espírito Santo basin
Brazil’s Petrobras has announced the discovery of new gas accumulation at Espírito Santo Basin post-salt, off the coast of the Espírito Santo state. The discovery took place during drilling of well 3-BRSA-1259-ESS (ANP nomenclature) / 3-ESS-222 (Petrobras nomenclature), informally known as Tangani