Fossil Energy
CNOOC makes deepwater gas discovery in South China Sea
CNOOC today announced that the Company has recently made a new mid-sized gas discovery Lingshui 17-2, which indicated the first breakthrough on the independent deepwater exploration in Qiongdongnan Basin of South China Sea. Lingshui17-2 is located in the east Lingshui Sag in deepwater area of Qiongd
NAVTOR signs e-navigation fleet deal with DOF
E-navigation specialist NAVTOR has signed a e-navigation fleet agreement with DOF Management, the owner and operator of 78 advanced offshore service vessels. The deal will see NAVTOR’s innovative and user-friendly ENC service rolling out across DOF’s high-end CSVs, PSVs and AHTS vessels, which opera
Statoil awards ROV contract to IKM Subsea
IKM Subsea has been awarded a contract by Statoil to provide ROV services at the Gina Krog field.
Petrobras P-58 FPSO starts oil production
Brazilian state-run oil company Petrobras has announced that its P-58 FPSO began producing oil on Monday, March 17. The floating production storage and offloading unit is moored in the Parque das Baleias (Whale Park) field in the Campos basin offshore Brazil. The FPSO can process 180,000 barrels of
Gondwana in talks over Ghana block
Gondwana Oil Corp. has announced that after review of its application on the Offshore Cape Three Points South Block, Ghana’s Ministry of Energy and Petroleum has invited Gondwana’s 70% owned Ghanaian subsidiary, Miura Petroleum Limited, to negotiate exclusively on the Block. The Block is surrounded
Statoil discovers gas near Visund
Statoil Petroleum AS, operator of production licence 120, has concluded the drilling of wildcat well 34/8-17 S. The well was drilled on the northeast flank of the Visund field, in the northern part of the North Sea. The well’s primary exploration target was to prove petroleum on the east flank of th
Jumbo nabs Western Isles Development Project job
On Tuesday 12th of March Jumbo signed a Contract with Subsea 7 for the provision of the FPSO Mooring Piles and Ground Chains Installation for the Dana Western Isles Development Project (WIDP). Installation of the mooring piles and chains will be done by Jumbo’s Fairplayer, a Dynamically Positioned H
Statoil gets consent for offshore loading buoys on Gullfaks
Statoil has received consent to use offshore loading buoys on the Gullfaks field in the North Sea. The consent applies to the installation and operation of the OLS 1 and OLS 2 offshore loading systems at Gullfaks. Gullfaks is an oil and gas field located on the Norwegian shelf in the North Sea. The
WSS widens supply points network in Asia
Wilhelmsen Ships Service (WSS) is expanding its network of supply points across Asia as it responds to an increasing level of offshore oil and gas exploration and production. The first new WSS supply point, at Songkhla, southern Thailand opened in January 2014 and other locations have been identifie
Wärtsilä cutting workforce in Vaasa, Finland
Finland’s Wärtsilä today announced that the consultation process with employee representatives in Finland has been concluded. The process was initiated on 29 January 2014 with the aim of reducing 200 jobs in Finland. As a result of the negotiations, the redundancy need has been confirmed to be 142
Petrobras to invite bids for 7th round of fleet renewal plan
At Petrobras headquarters in Rio de Janeiro this Monday morning (March 17), Petrobras President Maria das Graças Silva Foster and the Director of Exploration and Production, José Formigli, announced the start of the 7th round of the Fleet Renewal Plan for Offshore Support Vessels (Prorefam). Stock w
Valerus works to enable first gas from Perla field (Venezuela)
Kentz Corporation Limited, the holding company of the Kentz engineering and construction group, has announced that Valerus, its oil and gas handling company in the US, has been awarded a contract from Cardón IV to provide engineering and procurement of a simplified early production plant in Punto Fi
Ophir: Padouck Deep-1 well in Gabon disappoints
Ophir Energy plc announces that drilling operations have now concluded on the Padouck Deep-1 well in the Ntsina Block offshore Gabon. Ophir has a 50%* net operated interest. The well was drilled by the Vantage Titanium Explorer drillship to a depth of 3,297m TVDSS targeting the Cretaceous Gamba and
ITF, Tullow working to tackle well integrity issues
ITF, the organisation driving oil and gas industry collaborative technology development is working with Tullow Oil plc to establish a comprehensive, global wells and completions reliability database and is urging more operators to join the project. The aim of the joint industry project is to tackle