Fossil Energy
Abu Dhabi’s NDC takes delivery of Qarnin jack-up rig
Lamprell has completed construction on the jack-up drilling rig, “Qarnin”, and delivered it to Abu Dhabi’s National Drilling Company (‘NDC’).
Lundin spuds Balqis well in Natuna Sea (Indonesia)
Lundin Petroleum AB has started the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration well designed to test the hydrocarbon potential of Tertiary sands draped o
Kenya: Gov’t approves Pancontinental Lamu Basin farm-out
Pancontinental Oil & Gas and its wholly owned subsidiary Afrex Limited together with partner FAR has received approval from the Kenyan Ministry of Energy and Petroleum for the farm-out of the onshore portion of Kenyan exploration area Block L6 in the Lamu Basin. Block L6 is partly onshore and partly
Meta helps North Sea operator to increase output
Meta, a downhole isolation company offering complete integrity across the life of the well, has completed three contracts for a major Norwegian North Sea operator with its Meta Casing Reconnect™. Meta said that following the success of the first project, which saw production triple for what was alre
GMS aims to raise $100M through London IPO
Gulf Marine Services PLC today announced its intention to proceed with an initial public offering. GMS intends to apply for admission of its ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange. The com
ExxonMobil Malaysia names new President and Chairman
The ExxonMobil Subsidiaries in Malaysia announced that See Kok Yew (SKY) has been appointed as the President of ExxonMobil Exploration and Production Malaysia Inc. and Chairman of the ExxonMobil Subsidiaries in Malaysia with effect from February 15, 2014. He succeeds J. Hunter Farris who will reloca
Siem Offshore contracts Wärtsilä for design of new PSVs
Siem Offshore has contracted Wärtsilä to supply the design and integrated solutions for four new platform supply vessels. The ships will be built at the Remontowa Shipbuilding yard in Poland. The contract was signed in January 2014. The four new vessels, like the two currently under construction, wi
Eni to spud exploration well offshore Cyprus in August, Energy Minister says
Italian oil company Eni will move ahead with its exploration activities offshore Cyprus, said Yiorgos Lakkotrypis, the Minister of Energy, Commerce, Industry and Tourism in Cyprus. Lakkotrypis said that he had had a meeting with the leadership of the Italian company ENI during which “we discussed va
MultiClient Geophysical: CEO, COO swap positions
Tom Wolden has been appointed as the new CEO of MultiClient Geophysical. Wolden is currently holding the position as COO, a position he has had since he joined the company in January 2013. Wolden has been in the oil business for more than 30 years, both in the seismic industry and in oil companies.
Lansdowne names new commercial director
Lansdowne Oil & Gas plc has announced the appointment of Richard Slape as Commercial Director of the Company, with effect from 31 March 2014. Richard Slape has over 25 years experience working in the upstream oil and gas sector, mainly in financial institutions in the City of London, including W.I.
Songa Offshore: Cat D refinancing influences 4Q results
Songa Offshore SE reports operating revenue for the fourth quarter of USD 154.3 million and an EBITDA of USD 59.8 million. Net loss for the quarter was USD 137.3 million including the recognition of an impairment charge for Songa Mercur and Songa Venus of USD 72.3 million in the quarter, and non-rec
Cosco launches Dana’s Western Isles FPSO
Dana Petroleum has recently celebrated a milestone achievement on its flagship Western Isles Development Project (WIDP) with the hull launch of the floating production, storage offloading vessel (FPSO) in China. The project achieved more than 1.5 million man hours incident-free during construction a
OGpar returns offshore assets to ANP (Brazil)
Eike Batista’s oil Óleo e Gás Participações S.A. is returning some of its offshore assets to the Brazilian National Agency of Petroleum (ANP). The company, formerly known as OGX, said that it would give back the Itacoatiara, Viedma, Tulum and Vesúvio complexes, located in the Campos Basin, and Natal
EMGS: Increased interest in Barents Sea 3D EM data
Electromagnetic Geoservices ASA’s (EMGS) has received industry funding for about 4 months of work in Norway. “We experience increased interest from both new and existing customers following our strong track record in the Barents Sea, as well as the results from the nominations for the 23rd licensing