Fossil Energy
SeaBird Secures Contract for ‘Harrier Explorer’
SeaBird Exploration Plc has announced that its ‘Harrier Explorer’ has been awarded a contract as a source vessel in North West Europe. The contract has an estimated duration of about 110 days and an estimated value of approximately USD 8 million. Startup is expected around the 20th of December 201
GDF SUEZ Awarded Five Blocks in Southern North Sea
GDF SUEZ E&P UK Ltd has been awarded five further licences in the Southern North Sea (SNS), three as operator, in the second tranche of the 27th offshore oil and gas licensing round announced by the Department of Energy and Climate Change. The exploration licenses will provide future exploration tar
Sirius Petroleum: Ororo Field Oil in Place Assessment Beats Expectations
Sirius Petroleum Plc, a company focused on oil and gas development and production opportunities in Nigeria, has announced that Schlumberger, the world’s largest petro-technical services company, has completed an independent Field Evaluation Study on the Ororo Field in OML 95 (“Ororo”) which confirms
17 Oil Firms to Carry Out Joint Seismic Survey in Barents Sea
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry, via the Norwegian Oil and Gas Associati
Noreco: November Production Up. Siri to Remain Shut Until Q2 2014
Norwegian Energy Company (Noreco) produced 4 689 barrels of oil equivalents per day (boed) in November 2013 (3 982 boed in October). Adjusted for inventory, net realised price was USD 97.9 per boe(USD 107.1 per barrel of oil). As previously reported, the production volume restrictions imposed by the
Decommissioning Costs Could Be Cut 20 Pct, BP’s Win Thornton Says
Experts from operators at the forefront of decommissioning in the Gulf of Mexico have been confirmed as keynote speakers at the largest decommissioning and abandonment gathering in the world taking place in Houston. Win Thornton, vice president for decommissioning at BP, and Lew Dennis, Chevron’s Gu
Halul Offshore Orders 4 PSVs and Two Anchor Handlers
L&T Shipbuilding, a subsidiary of Larsen & Toubro, has received orders, valued at $154 million, for six specialized commercial vessels, in the third quarter of 2013-2014. The orders from Halul Offshore Services Company W.L.L., Qatar, are for design, construction, trials and commissioning of four Pla
BG Group Ups Tanzania Gas Reserves Estimates
BG Group today announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a successful drilling and testing campaign. The campaign confirmed Mzia as the second giant gas discovery, after Jodari, in BG
Bergen Group Sells Kimek to Focus on Hanøytangen
Bergen Group has entered into an agreement with GMTH Holding AS regarding the sale of Bergen Group Kimek AS and Bergen Group Kimek Offshore AS for an enterprise value of approximately NOK 65 million. The transaction is expected to be completed within the end of this year. GMTH Holding is an investme
CGG Delighted with Diskos Contract Win
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract includes implementation of software during 2014 and operatio
Production Starts from Hess’ Malaysian Field via Perisai Kamelia FPSO
EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore production services to the oil and gas (O&G) sector, has announced that the Perisai Kamelia – the Floating Production, Storage and Offloading (FPSO) vessel deployed to a fast-track gas production project in the North Malay B
Talisman Sinopec Returning Workers to Buchan Alpha Platform
Talisman Sinopec is returning workers to its Buchan Alpha platform after last week’s evacuation due to severe weather in the UK North Sea. “On Sunday, 8 December, 33 personnel were safely returned to the Buchan Alpha according to plan, and we anticipate returning to full complement by Wednesday, 11
Delek, Avner Provide Clarification on Leviathan Drilling (Israel)
Delek Group gas subsidiaries, Delek Drilling LP and Avner Oil Exploration LP (together “Partnerships”) published the immediate report as detailed below: “In response to the media reports with regard to the development of a natural gas reservoir at Leviathan, and with regard to the deep reservoir tar
Baker Hughes CFO Sets Retirement Date
Baker Hughes Incorporated announced today that the Company’s Senior Vice President and Chief Financial Officer, Peter A. Ragauss, intends to retire by the end of next year. “We greatly appreciate Peter’s many years of excellent leadership at Baker Hughes, where he has been a great partner to me, our