Fossil Energy
Airborne Oil & Gas wins flexible risers contract
Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea™. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation, injecting stimulation fluids into subsea wells. The smooth bore TCP concept is
Pallone: Seismic surveys off New Jersey could wreak havoc on marine life
Congressman Frank Pallone, the U.S. Representative for New Jersey’s 6th congressional district, yesterday visited the Belford Seafood Cooperative to highlight the potentially damaging impacts of seismic testing off the coast of New Jersey. Congressman Pallone specifically addressed concerns regardin
Drilling starts at FAN-1 well offshore Senegal
Drilling has started on the offshore exploration well, FAN-1, offshore Senegal in which FAR Ltd holds a 15% interest (Cairn Energy PLC 40%, ConocoPhillips 35%, Petrosen 10%). The well will test a stacked fan structure with the potential to contain approximately 900 million barrels of oil (mmbbls) wi
Total finds oil offshore Cote d’Ivoire
Canadian Natural Resources Limited has announced that the Saphir-1XB well has encountered an accumulation of light oil in the deepwater frontier exploration play in Block CI-514 offshore Cote d’Ivoire. The well was drilled by a semi-submersible rig in a water depth of 2,300 meters and reached a tota
Karoon: Poseidon North-1 at 3820 m
Karoon Gas Australia has announced that at 0600 WST on 17 April 2014, the hole at the Poseidon North-1 well, offshore W. Australia, was at a depth of 3,820 mRT and preparations were being made to install the 9-5/8″ casing. Since the 4 April 2014 Poseidon North-1 Progress Report, the cement casing sh
Shell, GDI reach workplace safety milestone
Shell and Gulf Drilling International are celebrating a safety milestone. Qatar Shell decided to focus on all incidents in order to improve overall Safety at the workplace and imbed the philosophy behind it, deeper into the minds of people working for them. That initiative resulted in coining of a
Delek, partners bid to supply Leviathan gas to Cyprus
On April 14, 2014, a proposal was submitted by Delek Group’s gas partnerships for the supply of natural gas through pipeline from the Leviathan reservoir in a tender published by the Government of Cyprus through the Government gas company – DEFA. The tender is for the supply of natural gas to Cyprus
Providence to start 2D seismic survey in Newgrange licence
Providence Resources P.l.c., the Irish oil and gas exploration and development company has provided an update on Licensing Option 11/11 (“Newgrange”), offshore Ireland. Providence Resources (80%, Operator) and Sosina Exploration (20%) were awarded Newgrange as part of the 2011 Irish Atlantic Margin
PACC Offshore Services Holdings files for IPO of up to $311M
PACC Offshore Services Holdings Ltd. (“POSH”), a Singapore-based operator of offshore support vessels has today launched its Initial Public Offering on the Main Board of the Singapore Exchange Securities Trading Limited. The Offering The Company, in consultation with its Joint Issue Managers, Bookru
Shell makes gas discovery offshore Malaysia
Shell today announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was drilled to a total depth of 2,123 metres. The well encountered more than 450 metres of gas column. With further exploration planned, the findin
Noble Corp CEO optimistic operators will start spending more on drilling
Noble Corporation plc today reported first quarter 2014 net income of $256 million, or $0.99 per diluted share, compared to $174 million, or $0.68 per diluted share, for the fourth quarter 2013. Results for the fourth quarter of 2013 included an after-tax charge of $36 million, or $0.14 per diluted
Statoil’s Gudrun documentary
Norwegian oil giant Statoil began producing oil from its Gudrun field in the Norwegian North Sea on April 7,2014.
Hong Leong buys $155M worth of Ezion shares
Ezion Holdings Limited today announced the subscription of 100 million new ordinary shares by Asia Fountain Investment Company Limited, an indirect wholly owned subsidiary of Guoco Group Limited and GuoLine Capital Limited, an indirect wholly owned subsidiary of Hong Leong Company (Malaysia) Berhad
Four new members for Saratoga’s Covington office
Saratoga Resources, Inc. today announced new staffing in its Covington, Louisiana office. Joining Saratoga are Richard Miller, Gary Pierce, Brenda Reilly and Bobby Sanford. Richard Miller has joined Saratoga as a Senior Petroleum Engineer. Miller holds a B.S. in Petroleum Engineering from Louisiana