Fossil Energy
Vard delivers ‘Normand Vision’
Solstad Offshore ASA yesterday took delivery of “Normand Vision” (CSV) from Vard Group AS, Søviknes.
Prosafe clinches $443M Statoil contract
Prosafe has now signed a contract with Statoil for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support vessel (TSV) operations at the Oseberg Øst installation on the Norwegian continental shelf. The three-year firm period on site opera
No IPO for Shelf Drilling
Shelf Drilling, Ltd. a shallow water offshore drilling contractor, has decided not to proceed with its announced Initial Public Offering at this time. The company says that this decision has been reached due to challenging public market conditions despite a positive response from prospective investo
Subsea 7 extends ‘Havila Subsea’ charter
Subsea 7 S.A. has exercised its contractual option to extend its existing charter for the Havila Subsea vessel.
West Seahorse oil project receives Federal Gov’t support
The West Seahorse oil project, in the offshore Gippsland Basin, Victoria, Australia, has been granted access to Federal Government Major Project Facilitation (MPF) services, recognising the project’s national strategic significance. Warren Truss Deputy Prime Minister and Minister for Infrastructure
Norway’s Kvaerner and China’s COOEC enter JV
Kvaerner and China Offshore Oil Engineering Co. Ltd (COOEC) have established an Engineering Joint Venture, Kvaerner COOEC Engineering & Technology Ltd (KCET), located in Qingdao, Shandong, China. KCET is established to carry out and further develop joint engineering capability for international EPC
Premier Oil: First Natuna Sea Block A gas flows under new DSA deal
Premier Oil has announced that first gas under the Domestic Swap Agreement (DSA) in Indonesia started on 1 July 2014. Premier will supply up to an additional 40 BBtud (gross) from its operated Natuna Sea Block A offshore Indonesia to the domestic market, via a swap arrangement. Under the arrangement
Salamander spuds NK-2 well, offshore Indonesia
Salamander has announced the spud of the North Kendang-2 exploration well (“NK-2”), a re-drill of the North Kendang-1 (“NK-1”) well in the South East Sangatta PSC, offshore Kalimantan, Indonesia. Salamander has a 75% operated interest in the South East Sangatta PSC. NK-2 will be drilled to a depth o
Petrobras: Pre-salt production passes 500.000 bpd mark
Brazilian state-controlled oil company Petrobras said that on June 24, oil production in the fields operated by Petrobras in the so-called pre-salt province in the Santos and Campos basins broke through the 500,000 barrels per day (bpd) mark, reaching 520,000 bpd, a new daily production record. Of t
Woodside makes gas discovery offshore Australia
Australia’s Woodside has informed that the Toro-1 exploration well in permit WA-430-P offshore W. Australia, has intersected approximately 150 metres gross gas and 65 metres net gas within the Mungaroo Formation target. The well reached a total depth of 3724 metres, referenced from the rig rotary ta
Nido updates on Baragatan drilling status
Nido Petroleum Limited on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited said today that the Baragatan- 1A well as at 2 July 2014 was currently at 2,457 meters Measured Depth (2,152.9 meters TVD subsea). Since the last update on 23 June 2014, continuing for
Naming ceremony for BP’s new PSVs
The vessels will be used to support the oil company’s operations west of Shetland.
Planned shutdowns impact June production, Atlantic Petroleum says
Atlantic Petroleum has announced that during the month of June, Atlantic Petroleum produced a net total of 38,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields in the UK North Sea. The average daily production was 1,267 boe per day net to the Company. Production fo
CGG expects increased pace of exploration activity in Myanmar
CGG announced today its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is the first of its kind to be opened in Myanmar by a major international geoscience company. The inaugurat