Fossil Energy
Whio-1 well at 1,235M (New Zealand)
Cue Energy Resources Ltd (Cue) has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that at 06:00 hours (local time) on Friday 8th August 2014, the Whio-1 well was at a depth of 1,235m MDRT. Since the last report, 16” hole was drilled to the section TD of 1,235m […
GOSEA lands two ship management contracts
SeaEnergy PLC’s recently established joint venture (JV) GOSeaEnergy Ship Management Limited (GOSEA) has this week been awarded the ship management of two more vessels. GOSEA was established in June 2014, as a JV between Go Offshore (Asia) Pte Ltd. a Singapore based shipping company and SeaEnergy Shi
Schlumberger, Statoil sign drilling services agreement.
Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund. The agreement also covers exploration drilling on the Norwegian continental shel
SBM Offshore allocates $240M for potential bribery settlement
SBM Offshore, the world’s largest provider of floating production storage and offloading units, has set aside $240 million it may have to give away in a potential bribery settlement case. The company has been accused of bribery and improper sales practices involving third parties in Angola, Equatori
OPITO: Ex-military well equipped for oil & gas industry career
OPITO, the skills organisation for oil and gas, has been arming a squadron of soon to be ex-military at the Catterick Garrison, North Yorkshire, today (7th August), with the inside track on the industry and how their Armed Forces background can transfer into a new career. The one-day OPITO Oil and G
Dong Energy elects Chairman of the Board
Danish energy company Dong Energy today announced that Thomas Thune Andersen was elected new Chairman of the Board of Directors of DONG Energy A/S at the company’s extraordinary general meeting. Benny D. Loft, acting Chairman of the Board of Directors since DONG Energy’s annual general meeting on 12
Asia Pacific boasts highest number of offshore rigs in July
Baker Hughes Incorporated announced today that the international rig count for July 2014 was 1,382, up 38 from the 1,344 counted in June 2014, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July 2014 was 336, up 16 from the 320 counted in June 2014, and up [&
Industry will have to protect obese offshore workers, law firm says
The UK oil and gas industry will have to take steps to be more accommodating to overweight employees, a North East law firm has said.
Transocean’s 2Q profit jumps to $587M
Transocean Ltd. has reported net income attributable to controlling interest for the three months ended June 30, 2014 of $587 million, or $1.61 per diluted share. After consideration of several non-material and offsetting items, second quarter 2014 adjusted earnings from continuing operations were a
North Sea supply vessels facing detentions?
North Sea supply vessels and support ships could be detained in port if they are found to be failing to comply with a new maritime law which today comes in to effect in the UK, a legal expert has warned. The Maritime Labour Convention (MLC) is an international agreement which safeguards the employme
Oil of DRCongo: Significant oil reserves in Lake Albert?
Oil of DRCongo, the Fleurette Group’s oil exploration subsidiary, today announces an update of the interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in Blocks I and II in Lake Albert in the Democratic Republic of Congo. The seismic campaign (1st and 2
Polarcus, Seabird to shoot seismic over Providence’s Newgrange area
Providence has agreed a contract with Polarcus MC Limited and Seabird Exploration for the provision of 2,500 line kilometres of new ‘state of the art’ long offset 2D seismic reflection data in the Newgrange area, offshore Ireland. Approximately 1,000 line kilometres will be focused on the Newgrange
Keppel delivers huge jack-up rig to Maersk Drilling
The Singapore-based rig builder claims the rig to be the largest in the world
PTTEP hires EDrill-1 tender rig
Thailand’s oil company PTT Exploration & Production Public Co. Ltd has executed an agreement fixing high specification tender rig EDrill-1 for a firm period of three years. The transaction was made effective on 01 August 2014 with the Bongkot Program start date set for October 2014. EDrill-1 was han