Fossil Energy
Hibiscus Petroleum buys stake in Kitan oil field
Hibiscus Petroleum has executed a Share Sale Agreement for the acquisition of 100% of the shares in Talisman Resources (JPDA 06 105) Pty Ltd, a wholly-owned subsidiary of Talisman Energy Inc. The assets of the company acquired include a 25% stake in the Kitan producing oil field. Based on the curren
Byron Energy kicks off bypass wellbore drilling in GoM
Byron Energy Limited has advised that Byron has started drilling of the bypass wellbore, permitted as the Byron Energy SM 6 #1 BP01.
Nido updates on Baragatan-1A (Philippines)
Nido Petroleum Limited on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (Philippines SC 63) has said that Baragatan-1A well, offshore Palawan, the Philippines, as at 23 June 2014 was preparing to drill ahead in 8 ½ “ hole at 2,329 meters Measured Depth (2,055.9 meters TVD sub-sea). D
Keppel begins construction of supply vessels for Lukoil
Construction of two supply vessels to the Russian Maritime Register of Shipping (RS) class, commissioned by the company LUKOIL is starting in China. A steel cutting ceremony was held at the Keppel Nantong Shipyard Co. Ltd in Nantong on 18 June 2014. In accordance with an Agreement on the classificat
Thai PTTEP in ROV development deal
Thailand’s PTTEP signs MOU to develop remotely operated vehicle which will carry out surveys around its platforms. Asdakorn Limpiti, Acting Executive Vice President for Technology & Sustainability Development Group of Thailand’s oil company PTTEP, jointly signed a Memorandum of Understanding (MOU) w
Hurricane Energy director resigns
Hurricane Energy plc has announced the resignation of Keith Kirby as a director of the Company. In light of this, resolution 3 relating to the re-election of Keith Kirby has been withdrawn from consideration at the Annual General Meeting to be held on 23 June 2014. Kirby departed Hurricane on 22 Jun
Lundin spins drill bit at Luno II appraisal well
Lundin Petroleum has informed that drilling of the appraisal well 16/4- 8 S on the Luno II discovery has started.
Apache’s South Phoenix drilling hits setback
Apache Corporation, the operator of the Phoenix South-1 exploration well has encountered problems during drilling operations, a partners in the licence says.
Mubadala spuds exploration well in Gulf of Thailand
KrisEnergy Ltd. has announced that the Atwood Orca jack-up rig has started the drilling of the Rojana-A exploration commitment well in block G11/48 in the Gulf of Thailand, where the joint-venture partners are developing the Nong Yao oil field. Water depth at the Rojana-A location is 232 feet (70.6
Perdana orders two AWBs from Nam Cheong
Nam Cheong, an offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel (OSV) builder, today announced that it has sold two Accommodation Work Barges (AWB) worth approximately $84 million. The customer, Perdan
Ithaca expands producing asset base with new acquisitions
Ithaca Energy Inc. has entered into an agreement with Sumitomo Corporation to acquire interests in three non-operated UK producing oil fields for a total consideration of $170 million. The acquisition further broadens the Company’s producing asset base with high quality, long-life oil assets, delive
Most popular articles of the week, June 16 – 22, 2014
Most popular articles of the week, June 16 – 22, 2014
Baker Hughes: Offshore rig count unchanged
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website, according to which the U.S. offshore rig count remains unchanged from last week. BHI Rig Count: U.S. +4 to 1858 rigs U.S. Rig Count is up 4 rigs from last week to 1858, with oil rigs up 3 to 1545, gas [&
Worker who fell from a rig now better, Westcon says
The health condition for the worker who was injured in an accident at Westcon Yard in Olen has improved, Westcon said in a press release.