Fossil Energy
Statoil drills dry hole in North Sea (Norway)
Statoil Petroleum AS, operator of production licence 248 C, is in the process of concluding the drilling of wildcat well 35/11-16 S in the Norwegian part of the North Sea.
Buccaneer Energy suspends CEO
Buccaneer Energy Limited, an Australia-based company focused on exploration in North America, has suspended its Chief Executive Officer.
MMA to provide two PSVs for Inpex’s Ichthys project
Otto Energy Ltd (“Otto”) (ASX: OEL) provides an update on the Galoc oil field reserves in the Philippines as at 1 January 2014.
Most popular articles of the week March 3 – 9, 2014
Most popular articles of the week March 3 – 9, 2014
Baker Hughes: U.S. Offshore rigs at 55
U.S. Rig Count is up 23 rigs from last week to 1792, with oil rigs up 13 to 1443, gas rigs up 10 to 345, and miscellaneous rigs unchanged at 4.
Airborne Oil & Gas, Celanese enter into strategic alliance
Airborne Oil & Gas B.V., the global leading supplier of spoolable thermoplastic composite pipe systems for deepwater offshore operations, and Celanese Corporation , a global technology and specialty materials company, today announced the signing of a strategic supply agreement for the development an
Production boost for Iona Energy at Huntington
The month saw gross Huntington production peak at 34,420 boepd
ExxonMobil hires Welltec for well intervention in Angola
Welltec Corporation, a Danish based, oil and gas services company, has been awarded a three year, direct contract from an ExxonMobil subsidiary in Angola.
Video: Norsafe’s GES45 lifeboat drop test successful
Norsafe completed four successful drop tests with the advanced GES45 freefall lifeboat during a factory acceptance test (FAT) this week. Project manager Rune Andersen said “The boats were released from 25.2 metres. All requirements were met, and these are some of the best Norsafe drops I have ever s
Kleven takes over construction of Volstad’s OCVs
The vessels will be delivered from Kleven’s Myklebust Verft in December 2014 and Q2 2015.
Baker Hughes: Offshore rig count up by 16 in February
Baker Hughes Incorporated announced today that the international rig count for February 2014 was 1,341, up 16 from the 1,325 counted in January 2014, and up 66 from the 1,275 counted in February 2013. The international offshore rig count for February 2014 was 318, up 16 from the 302 counted in Janua
Edison in talks to buy Karish and Tanin gas fields offshore Israel
Italy’s energy company Edison is in talks with Noble Energy and Delek Group to buy two offshore gas fields in Israel. According to Reuters, which quoted people close to the matter, Edison is interested in acquiring Karish and Tanin fields located in the Mediterranean sea, for an undisclosed price.
Dutch firms interested in Mozambique gas sector
A trade mission to Mozambique representing 25 Dutch companies has met with enthusiastic interest from Mozambican businesspeople and investors. The mission is headed by foreign trade minister Lilianne Ploumen. During the mission various events and meetings were organised with ministers and potential
Conway MacKenzie helps Buccaneer Energy with financial management
Buccaneer Energy Limited has engaged Conway MacKenzie, Inc., to assist the company in its financial management and evaluation of strategic alternatives. John T. Young, Jr., will be leading the evaluation and has been appointed Chief Restructuring Officer for Buccaneer, effective immediately, reporti