Fossil Energy
Santos Board gets independent non-executive director
Santos Chairman, Ken Borda, today announced the appointment of Scott D. Sheffield to the Santos Board as an independent non-executive director, effective 24 February 2014. Sheffield is Chairman and Chief Executive Officer of Pioneer Natural Resources Company, which is listed on the New York Stock Ex
Providence to start largest 3D seismic survey offshore Ireland
Providence Resources P.l.c. has announced a major new 3D seismic programme, which is planned to be acquired by Polarcus, subject to statutory assessment, in the southern Porcupine Basin, offshore south-west Ireland. This non-exclusive multi-client survey, which is planned to commence this summer, wi
IOG sells Blythe field gas to BP
Independent Oil and Gas plc has entered into a gas sales agreement with BP Gas Marketing Ltd, a wholly owned subsidiary of BP plc, for its 50% share of the gas produced from the forthcoming Blythe gas field development in the Southern North Sea. Blythe gas is expected to be sold at Bacton on a day [
FOGL: Falkland Islands seismic survey completed. Drilling in early 2015
FOGL has informed that the PGS M/V Ramform Titan vessel has completed a 3D seismic survey over the Cretaceous Hersilia Fan complex within FOGL’s Northern Area Licences in the Falkland Islands. A total of 5,747 square kilometres of full fold seismic data have been acquired. This survey was designed t
Kosmos to spud Foum Assaka block well in March (Morocco)
Kosmos Energy has confirmed that its management expects the FA-1 well, which is located within the Foum Assaka Licence, offshore Morocco, to spud in March. According to Fastnet Oil & Gas, a partner in the field, the FA-1 well will target the Eagle prospect, which is estimated by the operator, Kosmos
Otto Energy CEO resigns for personal reasons
Otto Energy Ltd has appointed Matthew Allen to the position of Chief Executive Officer (CEO) effective immediately, following the mutually agreed resignation of Gregor McNab due to personal reasons. Since joining Otto as Chief Financial Officer in November 2009, Allen has played an integral role in
Most popular news of the week, Feb 17 – 23, 2014
Check out the most popular articles of the week, February 17-23, 2014.
U.S. offshore rig count rises to 57
The U.S. Offshore rig count is 57, up 3 rigs from last week, and up 4 rigs year over year.
Teekay buys ALP. Orders four newbuilds
Teekay Offshore Partners L.P. has agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. ALP currently provides these services through a fleet of third-party owned vess
Norskan bags two long term AHTS contracts with Petrobras
DOF ASA’s Brazilian subsidiary Norskan has been awarded two four year charter contracts by Petrobras. The contracts are for Skandi Copacabana and Skandi Paraty. Skandi Copacabana’s new contract will begin in March 2014 in direct continuation of its existing contract. Skandi Paraty’s contract will st
Adriatic notifies Elixir: Sunset Project relinquished
Elixir Petroleum Limited has been notified by Adriatic Oil Pic, as 80% Working Interest holder and operator of the Sunset Project, that it has concluded the technical evaluation of the project pursuant to the terms of the farm-out agreement entered into with Elixir on 3 September, 2013. The evaluati
WSJ: Noble Energy selling stake in CDX field, offshore China
Noble Energy is in talks with potential bidders to offload its stake in an offshore field located in the Bohai Bay, China.
SSP hires Sundt as financial advisor and vessel broker
SSP Offshore Inc. has announced that it has entered into an agreement with Sundt Offshore AS of Oslo, Norway as its exclusive financial advisor and vessel broker. Sundt Offshore AS is a boutique second-generation brokerage and financial advisor focused on the offshore maritime space. Sundt Offshore
Sun European Partners’ affiliate buys ADTI
Sun European Partners, LLP has announced that one of its affiliates has acquired Applied Drilling Technology International Limited, an offshore integrated turnkey and project management business focused on well design, construction and completion services primarily in the UK North Sea. The business