Fossil Energy
Oil Tanker Goes Missing Offshore Angola. Nigerian Pirates Deemed Responsible
Dryad Maritime has warned of the possible hijack of a Liberian flagged tanker MT Kerala. The vessel, owned by Dynacom Tankers, has been reported as missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda. “The tanker’s disappearance may represent a significant ex
Petrolia Norway Wins Stake in North Sea Licence
Petrolia Norway AS, a fully owned subsidiary of Petrolia SE, has been awarded a new license in the 2013 Award in Predefined Areas (APA) in Norway. “Petrolia Norway is pleased to have been awarded 20 per cent of license PL 739S in APA 2013. This was the only license we applied for of the licenses [&h
Hurricane Energy Preparing AIM IPO. Hires ‘Sedco 712’ Rig
Hurricane Energy plc, the UK oil company focused on hydrocarbon resources in fractured basement reservoirs, intends to seek Admission to the AIM market of the London Stock Exchange plc. AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible
Topaz Buys Two Large Anchor Handlers for $100 M
Topaz Energy and Marine, a leading offshore support vessel company with primary operations in the Middle East and Caspian, today announces the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of US$ 100 million. The vessels, the Casp
Noreco to Focus on Mature Areas of Norwegian Shelf. Wins Five New Blocks
Noreco has been awarded five new licences in the 2013 Awards in Predefined Areas (APA) in Norway. In two of these, Noreco has been offered operatorship. “We are satisfied with this result and see this as recognition of our efforts to develop applications of high quality. We are also pleased that the
SapuraKencana Establishes Subsidiary in UAE
Malaysia’s largest oilfield services provider, SapuraKencana has established a new subsidiary in the United Arab Emirates. In a filing to Bursa Malaysia, the company said that its wholly-owned subsidiary Sapura Petroleum Sdn Bhd had on 7 January 2014 incorporated the new subsidiary in United Arab Em
Two New Licences for Atlantic Petroleum Norge
P/F Atlantic Petroleum announced that Atlantic Petroleum Norge AS (a wholly owned subsidiary of P/F Atlantic Petroleum) has been awarded new licences in the APA 2013 Licensing Round on the Norwegian Continental Shelf (NCS) announced by the Ministry of Oil and Energy on the 21st of January, 2014. The
OMV Prepares to Plug Matuku Well (New Zealand)
OMV New Zealand Limited, the Operator of the Matuku-1 exploration well that has been drilled in the offshore Taranaki Basin permit PEP 51906, in New Zealand has informed its partners that that at 06:00 hours (NZST) on Tuesday, 21 January 2014, the well was at its total depth (TD) of 4,846m MDRT (mea
North Energy Bags Six New Production Licences (Norway)
North Energy was awarded no less than six new production licences from the 2013 round of awards in predefined areas (APA), according to an announcement from the Ministry of Petroleum and Energy. These awards cover all three regions of the Norwegian continental shelf (NCS) and represent a substantial
Faroe Petroleum Becomes Operator of Two NCS Blocks
Faroe Petroleum has been awarded 10 new prospective exploration licences, including two operatorships, under the 2013 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. These 10 licences equate to the largest number awarded in this APA round, equal with Cen
GE’s Turbomachinery for Upper Zakum Field
GE Oil & Gas has received a contract to provide a turnkey turbomachinery solution to Petrofac Emirates for the Upper Zakum UZ750 field in Abu Dhabi, developed by ZADCO (Zakum Development Company). The turbomachinery equipment will be delivered in the form of massive, standalone, plug-and-play “modul
APA 2013: High Five for Maersk Oil
Maersk Oil Norway was granted five new licences; two in the North Sea and three in the Barents Sea; in today’s APA (Awards in Predefined Areas) licence round. “The new licences are a welcome addition to Maersk Oil Norway’s portfolio. Maersk Oil has a global target of sustaining an entitlement produc
Norway Offers 65 Production Licences to 48 Companies
Today, January 21st, the Norwegian government has sent offers to 48 companies for 65 new production licences on the Norwegian continental shelf. The offers are being issued after the authorities have evaluated applications from 50 companies in the Awards in Pre-defined Areas (APA) 2013. Of the 65 pr
Spectrum Completes 2D Survey Offshore Croatia. Bid Round in Q2, 2014
Spectrum has successfully completed its Multi-Client 2D seismic acquisition survey offshore Croatia. This new seismic survey provides, for the first time, approximately 15,000 kilometers of modern long-offset 2D data. The seismic survey covers the majority of offshore Croatia using a 5 km x 5 km gri