Fossil Energy
HRT confirms Polvo field deal with Maersk
HRT Participações em Petróleo S.A. has confirmed signing of a purchase and sale agreement with Maersk Energia Ltda (“Maersk”) to acquire a 40% participating interest in the Polvo Field, in the Campos Basin, offshore Brazil. The completion of the purchase and sale transaction between HRTO&G and Maers
South Stream Offshore Pipeline ESIA Report released
The report shows that construction and operation of the four pipelines and landfall facilities in Russia is not expected to have significant environmental or social impacts.
Airbus Helicopters: EC175 flight simulator ready for service
The first Level D full-flight simulator for Airbus Helicopters’ EC175 rotorcraft has received airworthiness certification from the European Aviation Safety Agency (EASA), enabling launch pilots to be trained with this high-fidelity system.
Statoil gets approval to drill Ensis well in Barents Sea
Norwegian oil giant Statoil has been given approval to carry out exploration drilling of the well 7125 4-3 (Ensis) in production licence 393 in the Barents Sea using the Transocean Spitsbergen semi-submersible drilling rig.
The Underwater Centre introduces work class ROV training course
The world’s first training course in work class ROV operations delivered by an independent training provider has been launched by The Underwater Centre in Fort William. The first intake of students has started on the new five-week course – An Introduction to Work Class ROV Operations – which will ch
Wilhelmsen fire protection for Prospector jack-ups
Wilhelmsen Technical Solutions (WTS) has received a repeat order to install its Unitor Low Expansion Foam fire extinguishing system on a second jack-up newbuilding for Prospector Offshore Drilling. The specialised fire-fighting systems will provide fire protection for the shale shakers and mud pits
ONGC Videsh raises $2.2 billion through bonds
India’s ONGC Videsh, the wholly-owned subsidiary of ONGC announced that it has priced $1.5 Billion and Euro 525 million ($715 million) unsecured bonds in the international capital markets (Bonds). These Bonds are guaranteed by ONGC. The Reg S Bonds will be issued in dual currency with two tranches o
KKR acquires OEG Offshore
OEG Offshore Group, a provider of specialist equipment to the offshore oil and gas industry, has announced the acquisition of a majority interest in the company by KKR, with the executive management retaining a significant holding in the company. OEG is headquartered in Aberdeen, UK with regional hu
Welltec to work on Petronas’ wells in Malaysia
Welltec has been awarded a direct contract for the provision of Well Tractor® and mechanical intervention services for PETRONAS Carigali Sdn Bhd (PCSB) in Malaysia. The scope of the work is for rig support and well intervention as required for 70 wells in the East region assets group, including Saba
South Stream: Preparations for construction of Black Sea line ongoing
The Supervisory Board of Directors of South Stream Transport B.V. met yesterday in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two line
BW Offshore, Yinson in FPSO talks
BW Offshore has initiated a process for reaching a mutual agreement for either of the two owners to take over the eventual 100% ownership of Tinworth Pte. Ltd., and correspondingly, the FPSO Petroleo Nautipa. Tinworth Pte. Ltd. and the FPSO is currently 50/50 owned between BW Offshore and Yinson Hol
Inpex beefs up Lucius stake
Japan’s Inpex has increased its stake in the Lucius field, located in the U.S. Gulf of Mexico.
Cairn terminates ‘Blackford Dolphin’ contract. Delays drilling plans (Ireland)
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company has provided an operational update on activities in FEL 2/04, FEL 4/08 and FEL 1/14 (“the licences”), which are all located within Quadrant 35 in the northern Porcupine Basin. Capricorn Ireland Limited (38%, Operato
Diamond Offshore welcomes new Senior VP and CCO
Diamond Offshore Drilling, Inc. has announced that Ronald Woll has been appointed Senior Vice President and Chief Commercial Officer, effective immediately.