Fossil Energy
Cap Energy: Seismic survey over Djiffere block about to start
Seismic operations are about to start on the “Djiffere Offshore License, offshore Senegal, Cap Energy PLC has announced. The Djiffere Offshore Licence was awarded in July 2013 to Rex Atlantic Limited (now TAOL Senegal (Djiffere) Limited (“TAOL Djiffere”)) with a 90% interest and Société des Pétroles
Pancontinental: Sunbird discovery unlikely to be commercial (Kenya)
Pancontinental Oil and Gas NL has informed the Sunbird-1 well off the southern Kenyan coast has been completed and the well has intersected a hydrocarbon-bearing zone in the top of the Sunbird Miocene Pinnacle Reef. Analysis of the zone itself and recovered hydrocarbon samples are continuing. Analys
KCA Deutag enters Canadian drilling sector with Hebron contract
The Platform Services division of leading global drilling and engineering company KCA Deutag has entered into the expanding offshore Canadian drilling sector following the award of its first contract in Canada, in a multi-million dollar contract with ExxonMobil Canada Properties. KCA Deutag was awar
Most popular articles of the week, April 7 – 11, 2014
Read the most popular articles of the week. New platforms, drillships, oil and gas discoveries, big contracts, etc.
Baker Hughes weekly rig count: Six offshore rigs enter service
Baker Hughes Incorporated posted its Weekly Rig Count report on Friday, April 11, 2014. Six offshore rigs began drilling in the U.S. this week. BHI Rig Count: U.S. + 13 to 1831 rigs U.S. Rig Count is up 13 rigs from last week to 1831, with oil rigs up 19 to 1517, gas rigs […]
Police raids Petrobras HQ (Brazil)
Federal police today raided the headquarters of Brazil’s state-run oil company Petroleo Brasileiro, better known as Petrobras. The company said that a delegate and three federal police officers were received by the CEO of Petrobras, Maria das Graças Silva Foster, in a meeting room. According to the
Reuters: Total to make Kaombo FID on Monday?
French oil giant Total will proceed with the development of the deepwater Kaombo block, offshore Angola. According to Reuters, the company’s CEO Christophe de Margerie said that the company has managed to cut the project investment cost from $20 billion to $16 billion, and was near the final investm
Report: Reforms to shake up Mexico’s underperforming energy sector
Mexico, the world’s fourteenth-largest economy, is about to get a major shot in the arm. Historic reforms will shake up and open its underperforming energy sector and “go a long way toward modernizing Mexico’s economy,” according to a new report by The Boston Consulting Group (BCG). The report, titl
Total: Ice preventing Kashagan inspection
Ice in the northern section of the Caspian sea, offshore Kazakhstan, is preventing inspection of offshore pipelines at the giant Kashagan oil field. Total’s head of exploration and production, Arnaud Breuillac said that the ice is melting, and after it melts, the consortium will hopefully be able to
Kongsberg Maritime to supply Ghana with engine room simulator
The Regional Maritime University has awarded Kongsberg Maritime a contract to deliver its K-Sim Engine simulator for its premises in Accra, Ghana. The highly advanced Full Mission Engine Room Simulator, which is due for delivery in May 2014 will enable RMU to provide education according to STCW requ
Statoil gets go-ahead to drill east of Grane field
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 25/8-18 S, cf. Section 8 of the Resource Management Regulations. Well 25/8-18 S will be drilled from the Ocean Vanguard drilling facility at position 59°15’1.12” north and 2°37’0.59” east of the Grane fie
PSA: The operators must join forces in the North
A steady, northward move by the Petroleum industry will present new challenges for transport and rescue capacity in the Barents Sea that features big distances and little infrastructure. The far North has been defined as a main priority for the PSA in 2014. Now that the petroleum industry is moving
OPEC production at 29.56 million b/d in March
Oil production from the Organization of the Petroleum Exporting Countries (OPEC) plunged 550,000 b/d from February to 29.56 million b/d in March — its lowest level since mid-2011 — according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February pr
Oil companies should think cooperatively, say NEA and PSA (Norway)
Technological development and knowledge sharing are crucial for conducting prudent operations and avoiding adverse environmental impacts in the northern reaches of the Norwegian Continental Shelf. “The precautionary principle is fundamental now that petroleum activities are advancing further and fur