Fossil Energy
GC Rieber Shipping Delays Seismic Vessel Decision
GC Rieber Shipping ASA has extended the option to order a 3D seismic vessel from Kleven Maritime AS until the end of January 2014. Reference is made to the stock exchange announcements dated 13 February 2013 and 2 September 2013, regarding an agreement between GC Rieber Shipping ASA and Kleven Marit
Ghana: Parliament Approves AGM Petroleum, GNPC Offshore Exploration Deal
The Parliament of the Republic of Ghana has ratified the Petroleum Agreement among the Government of Ghana, Ghana National Petroleum Corporation (GNPC), GNPC Exploration and Production Company Limited (Explorco) and AGM Petroleum Ghana Limited, to explore and operate the South Deepwater Tano Block (
Shell to Return to Chukchi Sea Drilling in July, 2014
Shell plans to go back to Arctic drilling in the Chukchi Sea, offshore Alaska, in July next year. The oil giant last year put its Arctic aspirations on ice after it had encountered several setbacks such as its inability to obtain certification of its containment vessel, the Arctic Challenger, on a t
Apply Sørco Wins $48.5M Kvitebjorn Deal
Statoil has awarded a two year option on the frame agreement for maintenance and modifications (M&M) related to the Kvitebjørn platform in the North Sea to Apply. The Contract has a value of million NOK 300 ($48.5 million). “The contract secures continuity for Apply within maintenance and modificati
Nord Stream Pipeline Load Test Completed
As of 6:00 CET today, Nord Stream has successfully completed the final 30-day test of the pipeline system. The industry-standard test confirms the safety and reliability of the integrated twin-pipeline gas transportation system. The completion of the NEL-Pipeline in early November allowed for a test
Otto Energy: Production Starts from Galoc Phase II (Philippines)
Otto Energy Limited , on behalf of the Philippines Department of Energy (DOE) and the Galoc oil field Joint Venture, has today announced that production has started from the Galoc-5H and 6H wells drilled and completed under the Phase II development of the field. Commissioning of the Galoc Phase II p
Maersk Training Names Head of Training and Education
Maersk Training has appointed David Bowyer as new Head of Training and Education. He joins the senior management team to oversee all aspects of training, following recent growth in the number of delegates attending their courses. David Bowyer has a wealth of experience in the education industry and
Tangiers Launches Jacka Takeover Offer
Tangiers Petroleum Limited and Jacka Resources Limited have entered into a Bid Implementation Agreement (“BIA”) in respect of an off-market takeover offer to be made by Tangiers for all of the issued ordinary shares in Jacka. The statement reads that “combining the two companies will deliver a str
Heerema Christens New AHT Kolga (Spain)
Heerema Marine Contractors’ new state-of-the-art Anchor Handling Tug Kolga was christened at Estación Maritima in Vigo (Sp) yesterday. The christening was performed by Caroline Heerema. Kolga is the sister tug of Bylgia which was christened last June. Both Kolga and Bylgia were designed and built by
CLOV FPSO Naming Ceremony at Angolan Yard
One recent landmark event and one milestone event today are propelling Angolan shipyard, Paenal to star alongside other players on the world shipyard stage. Since July of this year when the inauguration of Jamba, the yard’s Heavy Lift Crane (HLC) 2500t took place, Paenal can boast to be the first an
Eni Completes Cua Lo ST-1 Drilling (Vietnam)
KrisEnergy Ltd has informed the Cua Lo 1 ST-1 exploration well in Block 105-110/04, offshore Vietnam, has reached a total depth of 2,867 metres measured depth (“MD”), or -2,800 metres total vertical depth subsea. The operator, Eni Vietnam B.V., is currently running wireline logs prior to undertaking
Russia: Lawyers Seek Exit Visas for the Arctic 30
Lawyers for the Greenpeace activists which were recently released on bail after being charged for piracy for taking part in a protest against Gazprom’s Arctic drilling plans have this week started to lodge applications with the Investigative Committee seeking exit visas for the non-Russian nationals
API Releases New Well Construction Guidelines
API Director of Standards David Miller announced the publication of a new oil and natural gas industry bulletin for well construction interface, the latest of several standards developed or strengthened as a result of post-Macondo task force recommendations. “API standards help the oil and natural g
Wood Mackenzie Advises Explorers to Reload with Quality New Acreage
A comparison of Wood Mackenzie’s latest ranking of company exploration performance with the findings of similar analysis published back in 2005 reveals a striking absence of correlation: today’s top explorers, by and large, are not the same as those of a decade earlier. In fact, most of the companie