Fossil Energy
Rex looking to benefit from North Energy’s drilling campaign in Norway
Rex International Holding Limited has announced that North Energy ASA , in which the Group holds an approximate stake of 5.35 per cent, will start drilling campaigns at two of its licences in Norway, the PL713 Halddi prospect and the PL510 Tvilling South prospect in the third and fourth quarters of
FMC to divest material handling products business to Syntron
FMC Technologies, Inc. has announced a definitive agreement to divest its material handling products business to Syntron Material Handling, LLC , an affiliate of Levine Leichtman Capital Partners Private Capital Solutions II, L.P. This transaction, requiring customary regulatory approvals, is expect
Panoro: Aje FDP gets approval (Nigeria)
Panoro Energy ASA has announced that a Field Development Plan (FDP) to develop the Aje Field has been approved by the Department of Petroleum Resources (DPR) in Nigeria.
Freeport-McMoRan O&G apparent winner on 20 blocks in U.S. GoM
Freeport-McMoRan Copper & Gold Inc. today announced that its oil & gas segment, Freeport-McMoRan Oil & Gas (FM O&G), was the apparent high bidder on 20 tracts in the Central Gulf of Mexico Oil and Gas Lease Sale 231 with a total investment of approximately $330 million net to FM O&G. The bids are [&
Statoil gets clearance to use Ocean Vanguard on new well
Statoil has received consent to drill exploration well 25/8-18 S in production licence 169 in the North Sea, offshore Norway. The well is to be drilled by the Ocean Vanguard mobile drilling facility. The earliest start-up is April 2014 with a duration of approx. 40 days, depending on whether a disco
CSG visits maritime cluster at Sunnmøre, Norway
CSG, an informal group of maritime administrations and shipping representatives visited the maritime cluster at Sunnmøre today. In total, the group represented 18 different nations. The party consisted of 25 people from the European Commission, several European countries as well as Canada, Japan, th
GSP Offshore’s rig hired by OMV Petrom
Romanian drilling contractor GSP Offshore has signed a new contract with OMV Petrom for offshore drilling and workover operations which will be carried out by GSP Uranus jack-up rig.
Aquatic wraps up carousel maiden project in Indonesia
The carousel was successfully used to install 9.7km of 218mm diameter umbilical in the South Belut field offshore Indonesia for ConocoPhillips
ABB takes care of Van Oord’s engines
ABB signs exclusive three-year maintenance contract with Van Oord, a leading worldwide contractor for dredging, marine engineering and offshore projects (oil, gas and wind). For Van Oord, this means best-in-class service at all times and in every location, lower failure rates and fewer repairs – whi
ONGC Videsh names new Exploration Director
Dr. Anil Bhandari has taken over as Director (Exploration) of ONGC Videsh Limited, the overseas arm of ONGC, from March 1, 2014. Dr. Bhandari will be responsible for managing overseas exploration assets, opportunity evaluation and spearheading the business development process for new acquisitions of
S3 charters ‘EDT Hercules’
Aberdeen-based Specialist Subsea Services (S3), a provider of ROVs and survey services to the oil and gas and renewable industries, has signed a charter with EDT Offshore for the EDT Hercules vessel. The three year agreement, which comes with two additional one year extension options, will allow S3
Intertek to open new O&G laboratory in Abu Dhabi
Intertek, the global provider of quality and safety services worldwide, has expanded its Exploration and Production services in the Middle East by investing in a new 8.5 million AED ($2.3 million) facility in Abu Dhabi. The laboratory will house cutting-edge equipment that will enable the organisati
Apply Leirvik assembles Edvard Grieg LQ. Next up, a helideck
Norway’s Apply Leirvik has connected the top part of the Edvard Grieg living quarter with the lower part. The living quarter of Lundin’s new Edvard Grieg Platform (formerly Luno), is now standing in full size,excluding the helideck, on the Apply Leirvik quay with its approximate weight of 1200 tonne
KrisEnergy to operate new block offshore Vietnam
KrisEnergy Ltd. , an independent upstream oil and gas company, announces that it has been awarded 100% working interest and operatorship of the production sharing contract (“PSC”) for Block 115/09 offshore Vietnam. The block was awarded following negotiations between Vietnam Oil and Gas Group (“Petr