Fossil Energy
Buccaneer to Modify Cosmopolitan Oil Spill Clean-Up Plan
Buccaneer Energy Limited advises that the Alaskan Oil and Gas Conservation Commission (“AOGCC”) has determined that the proposed Cosmopolitan State # 2 well, which is planned to be drilled to 5,685’, could potentially penetrate formations that are capable of flowing oil. Consequently, a major modifi
AMEC Renews Consultancy Contract with KOC
AMEC, the international engineering and project management company, has been awarded a renewed contract by the Kuwait Oil Company (KOC) to provide Project Management Consultancy services for a portfolio of major upstream projects in Kuwait. The five-year ‘call-off’ contract is worth approximately 11
Great South Basin JV to Start New Zealand Exploration Drilling
After careful consideration, the Great South Basin joint venture parties Shell New Zealand, OMV New Zealand Ltd and Mitsui E&P Australia Pty Ltd have made a decision to take up the option to drill an exploration well in the PEP 50119 block. The timing of the drilling programme will be determined fol
FOCAL 528 Design Selected for West African Ops
FOCAL 528, another large PSV design by Focal Marine & Offshore, has been selected for West African operation, for building of a pair in Yuexin Ocean Engineering. FOCAL 528 is a multi-purpose PSV design with 86m LOA / 5,000 ton deadweight, 1,000 m2 deck cargo area, complement of 80 men and carriage o
GDF SUEZ: First Gas Produced from Juliet Field (UK)
GDF SUEZ announces first gas production from the Juliet field, a subsea development on the western flank of the Southern Gas Basin, 39 km East of the Lincolnshire coastline in the United Kingdom. Initial gas has been produced from the West Well, the first of two wells to be drilled. The second well
G2/48 Farm Out Process Not Commercially Acceptable
MEO Australia Limited provides the following update in relation to the G2/48 Concession in the Gulf of Thailand where it holds a 50% participating interest (through its wholly owned subsidiary Rayong Offshore Exploration Limited). The remaining 50% participating interest is currently held by Mubadal
Petrobras Hires Polar Onyx for Subsea Services (Brazil)
Ceona Chartering (UK) Limited (“Ceona”) and Odebrecht Oil & Gas S.A. (“OOG”) have entered into an agreement to deliver subsea construction services to Petrobras utilising Ceona’s new construction vessel, the Polar Onyx, as a pipelay support vessel (“PLSV”). The contract for the Polar Onyx’s first pr
EMGS Short on Expected Contract Revenues
Based on preliminary accounts Electromagnetic Geoservices ASA (EMGS) expects revenues for the fourth quarter and full year 2013 of about USD 45 million and USD 145 million respectively. This is lower than guided by the Company in the third quarter report. EMGS announced that it expected approximatel
MEO: Blackwood-2 Well Plugged and Abandoned
MEO Australia Limited provides the final update in relation to Blackwood-2 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since the last report, in accordance with pre-drilling plans, the well was plugged and abandoned following conclusion of production testing. The rig was released f
Italy’s Eni Eyeing More Oil & Gas Exploration in Pakistan
Shahid Khaqqan Abbasi, Pakistan’s Minister of Petroleum and Natural Resources, and Paolo Scaroni, CEO of Eni, met in Karachi to discuss Eni’s projects and activities in the Country. The parties discussed the need of enhancing the domestic gas production by tapping the vast potential of the Country,
GE Oil & Gas to Serve Petrobras with New Base in Niteroi, Brazil
GE Oil & Gas today announced the opening of the most modern logistics base for the Brazilian oil and gas sector. With an area of 590,000 square feet and investments that exceed $100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships
Chariot: Seismic Survey Offshore Namibia Completed
Chariot Oil & Gas Limited has completed its 2,128 km 2D seismic survey in Southern Block 2714B offshore Namibia (Chariot 85% (Operator), NAMCOR 10% (carried interest), Quiver Oil 5% (carried interest)). The survey was contracted to and carried out by Dolphin Geophysical Ltd. in order to provide furt
OOS International to Supply Two Accommodation Rigs to Petrobras
OOS International B.V., an offshore services company providing offshore accommodation services, today announced that with support from CIMC Capital it has successfully secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras Brazil. OOS
Statoil Receives Approval to Use ‘Floatel Superior’ at Kvitebjorn
Statoil has received consent to use the Floatel Superior mobile accommodation facility at Kvitebjørn until 1 March 2014. The Kvitebjørn field is situated east of the Tampen area, in the northern part of the North Sea. The field has been developed using an accommodation, drilling and process facility