Fossil Energy
IPB gets more time to find seismic vessel for WA-471-B
IPB Petroleum Limited has announced that the Commonwealth-Western Australia Offshore Petroleum Joint Authority has granted the Company a twelve (12) month suspension and extension to the scheduled Permit Work Programme of Permit WA-471-P (IPB 100%*) to allow sufficient time to complete a new 3D seis
Trapoil CEO: Prostar deal to deliver growth in offshore portfolio
Trapoil, an independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has provided a corporate and operational update. Trapoil’s management is in the process of determining how best to create value from the group’s exi
Police removes Greenpeace activists from Statoil’s rig
After 48 hours, the last seven Greenpeace International activists have been removed from Statoil’s oil rig Transocean Spitsbergen in the Barents Sea.
Deputy Secretary of the Interior on O&G tour (USA)
U.S. Deputy Secretary of the Interior Mike Connor has wrapped up a two-day visit to New Orleans, Louisiana, where he participated in the Administration’s Quadrennial Energy Review (QER), visited oil and gas production facilities, and joined a roundtable discussion on Gulf Coast restoration. “The Gul
Rolls-Royce to design and equip ‘Island Victory’ offshore vessel
Rolls-Royce has secured a contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore.
New W. Australia offshore block for Carnarvon
Carnarvon Petroleum Ltd has been awarded the Petroleum Exploration Permit EP-491 (bid block L11-7) on the eastern flank of the prolific oil producing Barrow Sub basin, offshore Western Australia. Carnarvon is Operator and 100% working interest holder in this block with a total area of around 1,450 k
NorYards transaction completed
Norway’s Bergen Group ASA and Calexco S.a.r.l. have finalised the transaction regarding Bergen Group ASA’s sale of the majority interest in NorYards AS to Calexco S.a.r.l. The transaction is pursuant to the terms in the revised SPA announced on March 21st 2014. NorYards AS is now owned 70 % by Calex
Prosafe expects strong demand for its floatels
Prosafe, an owner and operator of semi-submersible accommodation rigs, has delivered its Q1 financial report for 2014. Net profit amounted to USD 18.3 million, compared to USD 0.7 million loss in the same period last year. Operating profit for the first quarter amounted to USD 22.9 million (USD 19 m
GDF Suez makes gas discovery in Southern North Sea
GDF SUEZ E&P UK Ltd has made a new gas discovery in the UK Southern North Sea (SNS). The Cepheus 44/12a-6 exploration well encountered a gas column within the Permian Lower Leman Sandstone which was the primary reservoir target. The well was spudded on 9 March 2014 and drilled to a total measured de
MacArtney, Meyah Ich Ha enter ROV pact (Mexico)
The MacArtney Underwater Technology Group has entered a representative agreement with the Mexican ROV and subsea service company, Meyah Ich Ha, who is set to administer the promotion and sales of MacArtney systems and products within the Mexican part of the GOM region. Work under water The name Meya
Eversendai bags $180M liftboats order
UAE’s Eversendai Offshore RMC FZE, has been awarded contracts for the construction of 2 GustoMSC NG-2500X liftboats at a combined value of RM580 million ($180 million) from Vahana Offshore (S) Pte. Ltd.
EnQuest extends Petrofac’s services in North Sea
Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to ten years.
Total gets nod for North Sea Well
The Norwegian Petroleum Directorate has granted Total E&P Norge AS a drilling permit for well 34/6-3S, in the Norwegian part of the North Sea. Well 34/6-3S will be drilled from the Leiv Eiriksson semi-submersible drilling rig, after concluding drilling of wildcat well 35/9-6 S for RWE Dea Norge AS i
Maersk Oil receives approvals for Flyndre and Cawdor fields
Maersk Oil UK Limited has received approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie approximately 293 km South East of Aberdeen in blocks 30/13 and 30/14 of the UK North Sea (Flyndre and Cawdor) and block 1/5 of the Norwegian North Sea (Flyndre