Fossil Energy
Tullow Oil awards metocean assessment deals to BMT
BMT ARGOSS (BMT), a subsidiary of BMT Group, has announced the award of a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America, to help support the company’s offshore oil and gas explorat
NorSea buys Danbor from Maersk
NorSea Group has acquired the Danish base and logistics company Danbor AS from Maersk. “International expansion is part of NorSea Group’s expressed strategy. Danbor is a solid company which is well-established in our core activity field and fits in well with the rest of the NorSea Group family,” say
Wood Group wins Gippsland Basin JV contract (Australia)
Wood Group PSN (WGPSN) has been awarded a contract by Esso Australia Proprietary Limited, an Australian subsidiary of ExxonMobil, to provide reimbursable engineering, procurement and construction services to support the Gippsland Basin Joint Venture’s retrofit portfolio of projects in Victoria, Aust
World’s largest jack-up rig to leave Singapore in two weeks
Maersk Intrepid will start its mobilisation to the Norwegian North Sea in approximately two weeks, where it will start a four year contract with Total E&P Norge AS.
Tullow raising $500M to repay debt
Tullow Oil plc today announces that it intends to offer $500 million in aggregate principal amount of senior notes due 2022. The Notes, whose net proceeds will be used to repay certain existing indebtedness under the Company’s credit facilities (but not cancel commitments under such facilities), wil
EnQuest, Uzma to develop Petronas’ Tanjong Baram field
Uzma Berhad has announced that a contractor Group that includes its wholly owned subsidiary, Uzma Energy Venture (Sarawak) Sdn Bhd (“UEVS”) and EQ Petroleum Developments Malaysia Sdn Bhd (“EQ”) has on 27th March 2014 signed a Small Field Risk Service Contract (“SFRSC”) with Petroliam Nasional Berhad
SBM Offshore releases findings of bribery claims investigation
Today, SBM Offshore presents the findings of its internal investigation, which it started in the first quarter of 2012, as the investigators have completed their investigative activities. The investigation, which was carried out by independent external counsel and forensic accountants, focused on th
Seabird, TGS pen Mexico LOI
SeaBird Exploration Plc has signed a letter of intent (“LOI”) with TGS-NOPEC Geophysical Company (“TGS”) to acquire up to 200,000 km of 2D seismic data in Mexico. The LOI provides TGS access to charter up to four seismic vessels from SeaBird over a period of approximately 36 months, estimated to sta
New Zealand offers eight exploration blocks
New Zealand Energy and Resources Minister Simon Bridges today launched the third annual Block Offer for oil and gas exploration.
Chevron gets permission to drill at Frade field again
Chevron has reportedly received permission to resume drilling and water injection operations at the Frade field in the Campos basin, offshore Brazil. According to Brazilian sources, California-based Chevron, has been given the approval by Brazil’s oil regulator, the ANP. The operations were banned a
India’s ONGC to improve VSAT infrastructure
Ceragon Networks Ltd. has been selected to design and build a high-capacity wireless backbone for India’s Oil and Natural Gas Corporation Limited (ONGC). The new network will be used to connect offshore and onshore sites and will replace existing VSAT infrastructure. Ceragon will provide its Evoluti
CAMAC Energy: CEO buys shares to demonstrate commitment
CAMAC Energy Inc. announced today that Kase L. Lawal, Chairman and Chief Executive Officer, has adopted a trading plan in accordance with the guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, to purchase up to two million shares in the open market at prevailing market pr
Dolphin Geophysical attains ISO 9001:2008 certification
Dolphin Geophysical AS, a full-range provider of marine geophysical services, has attained ISO 9001:2008 certification for the provision of seismic services including marketing, sales, planning, project management, seismic acquisition, quality control and reporting. The certification was awarded by
Record oil production from Campos, Santos basins in February
Brazilian oil company Petrobras has announced that its February figure for total oil and natural gas production in Brazil was 2.327 million barrels of oil equivalent per day (boed), up 0.7% on the January figure of 2.310 million boed. Including output managed by Petrobras for its partners in Brazil,