Fossil Energy
Noble Energy to acquire BP’s stake in 17 GoM blocks
Noble Energy, Inc. today announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP’s interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a
BG sells CATS pipeline for $954M
BG Group today announced it had agreed to the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximately $954 million at current exc
AWE installing well control equipment at Oi-1 well
AWE Limited, as Operator of Petroleum Mining Permit 38158 offshore Taranaki, New Zealand, reports that the Oi-2 exploration well has drilled a 17 1/2″ hole to the planned section target depth of 550 metres and that installation of the 13 3/8 inch casing has been completed. As at 06:00 hours (6.00am)
TGS starts surveying West of Shetland region
TGS has started acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2,500km2 and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17,500 km2. “TGS is pleased to announce the industr
Shell sells $5B worth of Woodside shares
Royal Dutch Shell plc today announced the sale of a total of approximately 156.5 million shares in Woodside Petroleum Limited (“Woodside”) representing a total estimated value to Shell of around US$5.0 billion on an after tax basis. The sale, which represents 19.0% of Woodside’s issued share capital
Drilling rig arrives at Gazprom’s Pechora Sea field
The GSP Saturn drilling rig has been delivered for test drilling at the Dolginskoye field. The jack-up rig was contracted by Gazprom Neft’s subsidiary, Gazpromneft Sakhalin, which operates the Dolginskoye field on the continental shelf in the Pechora Sea. An exploration well will be drilled from the
Sercel: QuietSea enhances marine mammals detection during seismic surveys
Sercel has launched QuietSea™, its new passive acoustic monitoring system designed to detect the presence of marine mammals during seismic operations. Unlike other separate antenna PAM systems, QuietSea is seamlessly integrated as an add-on within the Sercel Sentinel® seismic streamer (Sentinel, Sen
Petrobras extends Skandi Chieftain charter
DOF has been awarded a one year contract from Petrobras for Skandi Chieftain.
Zarubezhneft, Rosneft to jointly search for oil offshore Vietnam
On June 16th, 2014 within the frame of the World Petroleum Congress Rosneft President, Chairman of the Management Board Igor Sechin, PetroVietnam Oil Corporation President and General Director Dr. Do Van Hau and General Director of JSC Zarubezhneft Sergey Kudryashov signed a Memorandum of Understand
CAMAC spuds Oyo-8 well (Nigeria)
CAMAC Energy Inc. has announced that the Oyo-8 development well was spudded on June 15, 2014. The Oyo-8 well is located offshore Nigeria in OML 120, where CAMAC Energy is the operator and owns a 100% working interest. This development well lies within the Oyo field, which was one of the first deepwa
Ramboll nets Culzean jacket design job
Maersk Oil UK has awarded Ramboll Oil & Gas the detailed design for the Culzean wellhead jacket.
Trelleborg to display seismic equipment at EAGE 2014
Trelleborg Polyurethane Products Limited will showcase its comprehensive range of bend protection, towing, handling, and cable management products, at the 76th EAGE Conference and Exhibition in Amsterdam. Located on stand 2426, the company will give visitors the chance to see its portfolio of cable
ION Geophysical now owns 100% interest in OceanGeo
ION Geophysical Corporation today announced that it has entered into an agreement to increase to 100% its ownership of ocean bottom seismic (OBS) acquisition company OceanGeo B.V. ION acquired 30% of OceanGeo in February 2013 and increased its ownership to 70% in January 2014. In a separate statemen
SapuraKencana secures $700M in drilling contracts
The Board of Directors of SapuraKencana Petroleum Berhad has announced that its wholly-owned drilling subsidiaries have been awarded three new contracts and a contract extension worth approximately $700 million. Petcon (Malaysia) Sdn Bhd, a wholly-owned subsidiary of SapuraKencana, has been awarded