Fossil Energy
Nido Hires Jack-Up Rig from UMW
Nido Petroleum Limited has signed a binding rig contract with UMW Standard Drilling Sdn Bhd (‘UMWSD’) for the Jack Up drilling rig “UMW Naga 5” to drill the Baragatan prospect, offshore the Philippines, on behalf of the SC 63 Joint Venture. The UMW Naga 5 is a newly built premium Jack Up drilling ri
Tullow: No Oil at Paon-2A Well Offshore Cote d’Ivoire
Tullow Oil plc announces that the Paon-2A appraisal well in the CI-103 licence offshore Côte d’Ivoire has determined the down-dip extent of the Paon oil accumulation. The well encountered the water below the oil accumulation discovered at the Paon-1X well and pressure logging has located the likely
OMV Farms Into Ophir Energy’s Deepwater Blocks in Gabon
Ophir Energy plc has entered into a comprehensive farm-out agreement with OMV covering its deepwater offshore blocks in Gabon. Under the terms of the agreement, OMV will acquire 30% non-operated interests in the Manga and Gnondo Blocks and 10% non-operated interests in the Mbeli and Ntsina Blocks.
Encana: Production Acceptance Notice Given for Deep Panuke
Encana Corporation today announced the Production Acceptance Notice (PAN) at the Company’s Deep Panuke offshore Nova Scotia project, issued after successful completion of a performance test of the platform. The Deep Panuke project is designed to produce up to 300 million cubic feet per day (MMcf/d)
BP, ConocoPhillips Make Significant Oil Discovery in Gulf of Mexico
BP announced today it has made a significant oil discovery at its Gila prospect, which it co-owns with ConocoPhillips, in the deepwater US Gulf of Mexico. This is BP’s third discovery in recent years in the emerging Paleogene trend in the Gulf of Mexico and reflects the company’s ongoing commitment
EMGS Launches Patent Infringement Claim against PGS
Electromagnetic Geoservices ASA («EMGS») has issued Claims against each of Petroleum Geo-Services ASA, PGS Exploration (UK) Limited and PGS Geophysical AS (together “PGS”) in the High Court of Justice, Patent Court, London, UK. EMGS explained that the basis for these Claims is the evaluation by EMGS
Technip Wins $400 M Consultancy Services Job in Kuwait
Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip
‘Pacific Khamsin’ Starts Drilling for Chevron in Nigeria
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Khamsin received started its drilling contract on December 17, 2013. The drillship will be working offshore Nigeria for the California-based oil giant Chevron on a two-year contract. Pacific Khamsin is capable of op
Total Extends Island Offshore PSV Contracts
Norwegian provider of offshore support vessel Island Offshore has announced that Total E&P UK Limited has extended the contracts for M/V Island Empress and M/V Island Express vessels with two years each. M/V Island Empress and M/V Island Express are platform supply vessels of Rolls-Royce design, typ
UK: Foreign Secretary Hails Shah Deniz 2 Deal
New gas development increases diversity of energy supply to Europe and underlines UK and BP’s commitment to future of Azerbaijan. UK Foreign Secretary William Hague visited Baku today to witness the signing of the final investment decision on a new gas development led by BP, which consolidates the U
Total Acquires Interest in Valleys Block from Trapoil
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has entered into a Farm-out Agreement relating to its equity interest in Licence P.2032 (Blocks 21/8c, 21/9c, 21/10c, 21/14a and 21/15b) (“Valleys”
Noble Energy: $1.5 B Set Aside for Global Deepwater Activities in 2014
Noble Energy, Inc. today announced its 2014 capital program and guidance, and updated certain guidance items for the fourth quarter of 2013. Total capital expenditures are estimated at $4.8 billion for 2014, with investments allocated 70 percent to U.S. Onshore and 30 percent to Global Deepwater act
Buccaneer Make Management Changes in Alaska
Buccaneer Energy Limited yesterday announced the changes to its management organization in Alaska. Andy Rike, Chief Operating Officer for Buccaneer Energy will assume the role of President of Buccaneer Alaska, LLC effective immediately. Rike will be replacing Jim Watt, whose employment has been term
Centrica Boss Receives Hon DBA at Robert Gordon University
Sam Laidlaw, Chief Executive of Centrica, was awarded the honorary degree of Doctor of Business Administration (Hon DBA) by Robert Gordon University (RGU) on Friday, December 13. Sam Laidlaw was born in Kensington, London in 1956 and was educated at Eton. He received an Open Exhibition to Gonville a