Fossil Energy
Maari Field Back in Production (New Zealand)
Horizon Oil has reported that production at Maari field, offshore New Zealand, restarted on 12 December 2013. The producer wells were progressively brought on line and on 17 December all 6 wells had been successfully returned to production and were producing at a rate of approximately 11,600 barrels
RWE Dea Becomes Operator of Offshore Block in Egypt
The Egyptian Ministery of Petroleum has signed the Concession Agreement for the East Ras Budran Offshore area with RWE Dea.
Seascape Takes Delivery of ROV Support Vessel
Latest addition to Mermaid’s subsea fleet ready to service Seascape’s customers in South East Asia while Middle East unit Subtech prepares to receive delivery of its own charter-in new build vessel by April 2014
ASL Marine Delivers ‘Mermaid Leeuwin’ PSV
ASL Marine, a Singapore-based company which provides shipbuilding, ship repair, and other marine-related services, today delivered a new platform supply vessel to Mermaid Marine Australia Ltd. The 82 meters long vessel was named the ‘Mermaid Leeuwin’ at a ceremony held earlier this month. Mermaid Le
BP to Write Off $1.08 B on Pitanga Well Miss. Hails 2013 Exploration Success
BP today said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over
Rolls-Royce to Design Island Offshore’s New OSV
Rolls-Royce has a won a contract to design and equip a new offshore support vessel for Island Offshore, to be built by shipbuilding group Vard. The platform support vessel is a Rolls-Royce design of type UT 776 CD, the second of this type ordered by Island Offshore this year. The UT 776 CD is an [&h
Atkins Receives Ichthys Flow Assurance Job (Australia)
Atkins has received a $19 million (AUD) flow assurance contract for the INPEX-operated Ichthys Project, offshore of Western Australia. The project will take gas from the Ichthys Field, in the Browse Basin, which will then undergo preliminary processing by offshore facilities. The gas will be exporte
‘Mermaid Commander’ DSV Wins Thailand Job
Mermaid Offshore Services Ltd. (“MOS”) has been awarded a subsea construction support services contract with a major engineering, procurement, construction, installation and commissioning (“EPCIC”) contractor in Thailand serving a major international upstream oil and gas operator. The contract award
SK Innovation Acquires Interest in Foum Assaka Block (Morocco)
Fastnet has ,through its subsidiary Pathfinder, signed a farmout agreement with South Korean company SK Innovation for a 12.5 per cent paying interest share over four exploration licenses comprising the Foum Assaka offshore Contract Area in the Agadir Basin in Morocco. Under the terms of the Farmout
Subsea UK Elects Three New Members to Its Board
Subsea UK has unveiled its new Board following a members’ ballot at the industry body’s annual general meeting. The appointments cap a successful year for the organisation, which saw membership rise to over a record-breaking 290 companies, representing around 90% of the whole industry. All board mem
CNOOC Flows Qikou Oil (China)
CNOOC Limited announced today that Qikou 18-1 adjustment project has recently begun production. Qikou 18-1 oil field is located in the west part of Bohai with an average water depth of 10 meters. In addition to fully utilize the existing producing facilities, this adjustment project has also built o
RWE Dea: Gas Production Starts from Orca Field
RWE Dea UK has announced the production start from the Southern North Sea gas field Orca. The operator is GDF SUEZ E&P Nederland B.V., with RWE Dea as partner. The Orca field will be developed by drilling three wells in total. The first two development wells have been drilled and completed in 2013.
Petrobras Finds Oil in Potiguar Basin (Brazil)
Petrobras has discovered an oil accumulation on concession BM-POT-17, the first in the deep waters of Potiguar Basin, in its portion located in the state of Rio Grande do Norte. The discovery was made while drilling well 1-BRSA-1205-RNS (1-RNS-158), informally known as Pitu, at a water depth of 1,73
MODEC Secures Investment for Brazilian FPSO Project
Mitsui, MOL and Marubeni will invest in a long-term charter business currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Carioca area of a pre-salt oil field off the coast of Brazil. Based on these agreements, Mit