Fossil Energy
Oryx: Well tests confirm discovery at Elephant prospect
An oil and gas discovery has been confirmed at a CNOOC-operated offshore licence in Congo (Brazzaville). Oryx Petroleum Corporation Limited, a partner in the field, yesterday announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Con
ABS to class new OCVs for Edison Chouest Offshore
ABS has been selected by Edison Chouest Offshore and Island Offshore through the company Island Ventures II LLC to class two next-generation offshore construction vessels (OCVs). The ULSTEIN SX165 design vessels, ordered through Island Ventures II LLC, will be built at Ulstein Verft in Norway and Ed
Cal Dive narrows loss. Shares rise
Cal Dive International shares rose 6.9% as the company reported it generated a loss for the fourth quarter 2013 of $0.5 million, or $0.01 per diluted share, including a $0.6 million after-tax non-cash fixed asset impairment charge. This compares to a loss in the prior year fourth quarter of $19.1 mi
MMT hires ‘Stril Explorer’
MMT has signed a long term charter contract for M/V Stril Explorer vessel, operated by Simon Mökster Shipping AS.
PSA Norway: Everyone wants to head for the far north
The PSA is putting on its gloves, zipping up its jacket and gearing up for the year to come.
Subsea 7 4Q profit slides 52 pct
Offshore oilfield services provider Subsea 7 today reported a 52 per cent fall in its fourth quarter of 2013.
Glacier Energy buys Professional Testing Services (UK)
Glacier Energy Services confirmed its fifth acquisition with the multi-million pound purchase of Professional Testing Services (PTS), the provider of non-destructive testing and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s Offshore divis
Lundin receives approval for Barent Sea well
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for the 7120/1-4 S well in the Barents Sea. The well 7120/1-4 S will be drilled by the Island Innovator drilling rig, The drilling programme for well 7120/1-4 S relates to drilling of an appraisal well in production l
SOCO to drill Mer Profond Sud well in early 2015 (Congo)
The Congolese government has approved a farm-out deal between PA Resources and SOCO international. PA Resources said that the designation of a 60 percent working interest in the Mer Profond Sud exploration area to SOCO, announced in November last year, has now received governmental approval, subject
Technip scoops FEED job for Peterhead CCS project
Technip will provide FEED for world’s first commercial gas carbon capture and storage project in Scotland.
Obama proposes $169.8M budget for BOEM
President Obama’s fiscal year 2015 budget request includes $169.8 million to fund the Bureau of Ocean Energy Management (BOEM).
Independent Oil and Gas buy Cronx gas asset from Swift
Independent Oil and Gas plc, the North Sea focused oil and gas development and production company, has entered into an agreement to acquire 100% of the UK licence block 48/22a from Swift Exploration (“Swift”) for an initial consideration of approximately £468,000. Block 48/22a contains a gas disco
Scana Industrier propels Bourbon’s AHTS
Scana Industrier ASA has through its subsidiary Scana Propulsion signed a contract with Vard Brattvåg for delivery of a propulsion system for an Anchor Handling Tug Supply Vessel (AHTS) to Bourbon Offshore Norway. The AHTS is of design type Vard 2-12, designed by Vard Design. The equipment will be d
Rowan Renaissance drillship arrives in Namibia
Tower Resources plc has confirmed that the Rowan Renaissance drillship arrived, as expected, in Walvis Bay, Namibia, yesterday.