Fossil Energy
ConocoPhillips spuds final well in Browse drilling campaign
ConocoPhillips has kicked off drilling operation at the sixth and final well in the Browse Basin Phase 2 exploration drilling campaign, offshore W. Australia. The Pharos-1 well was spudded at 2240 WST on 20 May 2014. As at 0600 WST on 22 May 2014 the well was drilling ahead in the 17-/2” hole sectio
Gazprom pens biggest contract in its history
Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC) yesterday signed a contract to supply pipeline gas from Russia to China via the eastern route. The parties signed the document in the presence of Russian President V
Alfa Laval wraps up Frank Mohn deal
Alfa Laval has completed the acquisition of Frank Mohn AS, following approval from competition authorities.
Fugro invests in Gulf of Mexico survey fleet
Fugro is expanding its survey fleet in the Gulf of Mexico (GoM) to include a new AUV, Echo Surveyor VII, and a new vessel, R/V Fugro Americas.
Murphy Oil extends AHTS charter in Malaysia
Murphy Oil has extended a charter contract for an Anchor Handling Tug Supply Vessel in Malaysia.
Galp to begin TAO-1 drilling in June (Morocco)
Tangiers Petroleum Limited has advised that drilling of the exploration well TAO-1 off the Moroccan Atlantic coast is on track to begin in mid-late June, with the Ralph Coffman jack-up rig now mobilised.
Nido: Re-Spud of Baragatan well needed (Philippines)
Nido Petroleum Limited has, on behalf of SC 63 Joint Venture partners PNOC-EC and Dragon Oil (SC 63 Philippines) Limited, informed that the Baragatan-1 well is to be re-spudded
Ezra wins $95M in offshore services contracts
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, has been awarded contracts around the world and across its Subsea Services and Offshore Support Services divisions totalling more than US$95 million. Ezra’s Subsea Services arm, EMAS AMC, c
W&T Offshore buys Gulf of Mexico assets from Woodside
W&T Offshore’s owned subsidiary, W & T Energy VI, LLC (“Energy VI”), has completed the acquisition of exploration and production properties in the deepwater of the Gulf of Mexico from Woodside Energy (USA) Inc. The transaction includes a 20% non-operated working interest in the producing Neptune Fie
Trinity shuts B-9X well due to high pressure (Trinidad & Tobago)
Trinity, the leading independent E&P company focused on Trinidad and Tobago, today provides an update on the B-9X infill well drilled at the Trintes Field on the Galeota license. B-9X has been drilled to a depth of 4,944 ft-MD, targeting six different objectives: the F, G, M, O, OO and P sands, with
Plexus expands services to Asia with Shell contract
Plexus Holdings PLC has received a Letter of Award for its first contract with Shell China Exploration and Production Company Limited (SCEPCO), a subsidiary of Royal Dutch Shell plc (‘Shell’). The contract, which is subject to finalisation of terms, is for the supply of 15,000psi high pressure high
Maersk Oil: Production rises in 1Q. Profit at $346M
Danish oil company Maersk Oil made a profit of $346m million in the first quarter of 2014, in line with $346 million earned in 1Q 2013. The result is positively affected by average entitlement production of 256,000 boepd ( 1Q 2013: 239,000 boepd) offset by lower average oil prices of $108 per barrel
Subsea 7 bags $460M Catcher Project contract
Subsea 7 S.A. has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Development, located 180km east of Aberdeen in Central North Sea Block 28/9. The contract covers the provision of project management, engin
No Leviathan deal for Woodside (Israel)
Noble Energy, Inc. today announced that the parties have agreed to terminate the non-binding memorandum of understanding regarding the sale of interest in the Leviathan licenses, offshore Israel, to Australia’s Woodside Petroleum. Following termination of the agreement, working interests in the Levi