Fossil Energy
Fastnet Oil & Gas Names New CFO
Fastnet Oil and Gas plc, the E&P company focused on exploration acreage in Africa and the Celtic Sea, has appointed Will Holland to the Board of Directors as Chief Financial Officer, with immediate effect. Holland has over 20 years of experience in the oil and gas business, primarily gained in Afric
CIMC Raffles delivers jack-up rig to COSL
China’s rig builder CIMC Raffles has delivered the Gulf Driller #1 jack-up drilling rig. The rig, of the Friede & Goldman Super M2 design, will now sail away to the Bohai bay, offshore China, where it will begin drilling operations. It will be operated by COSL. The Gulf Driller #1 can operate in max
Centrica to plug and abandon Butch East well
Faroe Petroleum announced that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subsequent up-dip appraisal well 8/10-5A, the first of two back-to back-wells in Licence PL405, following up the Butch Main discovery (Faroe 15%). The Butch East explor
Production begins from Petrobras’ well at Lula field
Petrobras on Friday began production from well 7-LL-22D-RJS in the Santos Basin’s Presalt Lula field (Lula NE Pilot area). This well, with a production potential of 26 thousand barrels per day (bpd), is connected to FPSO Cidade de Paraty via a new platform-connection system deployed for the first ti
Most popular articles of the week, May 5 – 11, 2013
Most popular articles of the week, May 5 – 11, 2013
Baker Hughes: U.S. Offshore rigs up by 5
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. +1 to 1855 rigs U.S. Rig Count is up 1 rig from last week to 1855, with oil rigs up 1 to 1528, gas rigs unchanged at 323, and miscellaneous rigs unchanged at 4. U.S. Rig Count [&helli
Nautronix to provide survey services for Ceona’s ‘Polar Onyx’
Through water technology and survey company, Nautronix, has been awarded a 5 year frame contract – based on a non-exclusive agreement – by SURF and subsea contractor Ceona with an initial 1 year call-off for the supply of survey services to support their new build DP3 subsea construction vessel, the
Petrobras confirms existence of 5 bln barrels of oil in Santos Basin
Petrobras has completed drilling the last exploratory well under the Rights Transfer agreement in the Santos Basin pre-salt. Well 4-BRSA1226-RJS (4-RJS-728), the third drilled in the Entorno de Iara block, has confirmed the discovery of good quality oil in the pre-salt reservoirs. Known as Entorno d
Deep Down gets order for installation equipment (Brazil)
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services has announced that its wholly-owned subsidiary, Deep Down Brasil – Solucoes em Petroleo e Gas, Ltda, has received an order for 3 units of installati
Floatel records net loss in 1Q
Floatel International Ltd reported a net loss for the first quarter of 2014 of $0.8 million Consolidated revenues for the first quarter amounted to USD 50.2 million (38.6 in Q1 2013). The operating expenses amounted to USD -36.3 million (-18.1). EBITDA for the quarter came to USD 14.0 million (20.5)
Eekels equips ‘Siem Moxie’ with communication network
Eekels has realised the installation of new measurement and communication networks on board the m.s. Siem Moxie as commissioned by Siem Offshore contractors GmbH. The m.s. Siem Moxie was especially designed for the safe transfer of personnel and material to off-shore constructions. A substantial num
New CEO for Ensco
Ensco plc announced today that Carl Trowell has been named Chief Executive Officer and President. Trowell will also be appointed to Ensco’s board. He succeeds Dan Rabun who is retiring after eight years as CEO. Rabun’s planned retirement was announced in November 2013. The effective date for Trowell
Saudi Aramco extends two rig contracts with Noble Corp.
Noble Corporation has secured contract extensions for two of its offshore jack-up drilling rigs in the Middle East.
‘True North’ enables Kongsberg Maritime to launch on-water offshore survey courses
Kongsberg Maritime Ltd has introduced a series of new on-water training courses for offshore surveyors and survey engineers following the launch of its own chartered vessel, True North. The vessel will enable Kongsberg Maritime Ltd to introduce a practical element to the courses already offered at i