Fossil Energy
Trinidad & Tobago Gov’t approves Niko’s sale of Block 5(c)
Niko Resources Ltd. has announced that the Government of Trinidad and Tobago has approved the previously announced sale of a 25% interest in Block 5(c) in Trinidad and Tobago to a subsidiary of the BG Group, 75% interest owner and operator of the block, for gross proceeds of $62 million. Under the t
INPEX: New block in Australia to boost Ichthys value
Japan’s INPEX has been awarded an exploration permit for Release Area WA-504-P offshore Australia.
Carnarvon: Phoenix South-1 drilling progressing as planned
Carnarvon Petroleum Limited has announced the drilling of the intermediate hole section at the Phoenix South-1 well, offshore W. Australia, was completed on schedule and is currently setting casing before drilling the final hole section. As at 06:00 hours this morning, the well had drilled to 3,706
AWE begins Oi-2 drilling offshore New Zealand
The semi-submersible drilling rig “Kan Tan IV” started drilling the Oi-2 exploration well at 05:30 hours NZDT on Friday, 13 June 2014.
Wärtsilä BWMS for Floatel’s new unit
A new semi-submersible accommodation and construction vessel (floatel) being built for Floatel International AB, the Swedish offshore floatel owner and operator, will feature two Wärtsilä AQUARIUS UV ballast water management systems (BWMS) and other Wärtsilä equipment. The order was signed in Februa
Prospector getting ready for new rig delivery
Prospector Offshore Drilling S.A. expects that one of its subsidiaries will take delivery of PROSPECTOR 5, from the Shanghai Waigaoqiao Shipbuilding Co. Ltd (“SWS”) Shipyard in Shanghai, China, on Monday, 16 June 2014. PROSPECTOR 5 is the second in the Company’s series of five high specification, ha
Welwitschia well disappoints (Namibia)
Repsol will plug and abandon the Welwitschia-1A well offshore Namibia, Tower Resources, a partner in the well, has said.
EnQuest buys Exxon’s interest in offshore Malaysia fields
EnQuest PLC, through its wholly owned subsidiary EQ Petroleum Production Malaysia Ltd, has entered into the agreement to acquire ExxonMobil Exploration and Production Malaysia Inc.’s interest in the Seligi oil field and the PM8 PSC, located offshore Malaysia. The agreement is subject to the approval
CLOV start up to boost Exxon Mobil production
Exxon Mobil Corporation today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobi
Mentor IMC supports Premier Oil’s Catcher project
Premier Oil has awarded a contract to oil and gas project resource specialists Mentor IMC Group to supply and support the resource requirements for the North Sea operator’s Catcher development. Mentor IMC Group will partner with Premier in its key overseas design and fabrication locations of Singapo
Aberdeen confirmed as HQ for new oil regulator: “Oil and Gas Authority”
Chief Secretary to the Treasury the Rt Hon Danny Alexander MP has opened the second day of Oil & Gas UK’s first Annual Conference in Aberdeen today ahead of a strong line-up of national and international speakers, including Sir Ian Wood. Alexander outlined the UK Government’s vision of the future of
Trelleborg enters offshore partnership in Malaysia
Trelleborg’s offshore operation has today announced its partnership with oil and gas distributor, Tidal Resources, to provide on the ground support and local supply to the Malaysian market. A crucial element of the growth plans of Trelleborg’s offshore operation in Asia, this affiliation means that
Mermaid clinches ROV services job in Thailand
Mermaid Offshore Services Ltd. has been awarded a call off contract for subsea remotely operated vehicle (“ROV”) services in Thailand serving major upstream oil and gas operators.
EnerGulf, Gazania sign Offshore Block 1711 agreement (Namibia)
EnerGulf Resources Inc. has announced a Strategic Exploration Agreement between Gazania 148 Investments (Pty) Ltd (“Gazania”) and EnerGulf Namibia Ltd (“EnerGulf”), a wholly owned subsidiary of the Company, for Offshore Block 1711, Republic of Namibia (“Block 1711”). The Agreement includes a negotia