Fossil Energy
Noble Energy: Discoveries in U.S. GoM and Israel
Noble Energy, Inc. announced today discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest (SW) exploration well offshore Israel. At Dantzler, wireline logging data indicates that the well encountered over 120 net feet of primarily crude oil pay in two
Tidewater Orders Six Work-Class ROVs from FMC Technologies
FMC Technologies, Inc. announced today that it has received an order from Tidewater Subsea (Tidewater) to supply a fleet of six work-class ROV systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies’ Schilling Robotics business unit and are expected to be del
Bilfinger, Statoil Extend Framework Agreement
The engineering and services group Bilfinger has extended a framework agreement with its major client Statoil by an additional two years. The company will provide comprehensive maintenance services for oil and gas platforms in the North Sea and for onshore facilities on the country’s coast. The orde
Swissco Orders AHTS and Crew Vessels
Mainboard-listed Swissco Holdings Limited, a marine service provider for the shipping and offshore Oil and Gas industries, announces that it has placed orders for two anchor handling tug supply vessels (“AHTS”) and a fast utility/crew boat with a one plus one option. The newbuild vessels, excluding
Transocean Chief of Staff Resigns
Transocean Ltd, a Switzerland-based offshore drilling contractor, has announced that Ihab Toma notified the company of his resignation as Executive Vice President, Chief of Staff effective December 31, 2013. With Toma’s departure, the position of Chief of Staff will be eliminated and responsibilitie
Petrobras Oil Production in October Drops 1.2% on FPSO Issues
Brazilian oi giant Petrobras has announced that the oil production (oil plus natural gas liquids – NGL) from all of its fields in Brazil averaged 1.960 million barrels per day (bpd) in October, remaining practically stable in relation to its production in September (1.979 mbpd). Taking into account
SBM Offshore Changes Management Structure
SBM Offshore, a Dutch-based supplier of floating production units to the global offshore oil and gas industry, is changing the structure of its management. In a statement issued last night, SBM said that in order to facilitate strategic decision-making and further management efficiency it has reduce
Grandweld Delivers Seismic Support Vessel to Bourbon
Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City. The 54metre length,
Shell Uses Sonardyne AMTs Offshore Brunei
A long life acoustic monitoring system developed by Sonardyne International Ltd to detect minute changes in the seafloor due to settlement has been successfully deployed in South East Asia for Brunei Shell Petroleum (BSP). Installed in 45 metres of water, the network of Autonomous Monitoring Transpo
Bridge Energy: CEO and CFO Step Down
Bridge Energy’s CEO and CFO are stepping down following the Spike Energy takeover deal. Bridge, the AIM listed oil and gas exploration and production company announces that Tom Reynolds and Jim Brunton have today resigned their respective positions as Chief Executive Officer and Chief Financial Offi
Trading in Desire’s Shares to Be Suspended Tomorrow
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands noted Desire Petroleum’s announcement today that following application by Desire to the London Stock Exchange, trading in Desire shares will be suspended at 7:30 a.m. on 5 D
Eastern GOM Lease Sale Scheduled for March, 2014
The Bureau of Ocean Energy Management (BOEM), an agency under the United States Department of the Interior, established by Secretarial Order, yesterday announced that it will hold Gulf of Mexico Eastern Planning Area oil and gas lease sale 225 in New Orleans on March 19, 2014, immediately following
Philippines: Nido Gets More Time to Drill Baragatan Well
Nido Petroleum Limited has informed that the Philippines Department of Energy (‘DOE’) has formally confirmed its approval of the extension of the current Sub-phase at the SC63 block, offshore Palawan. Sub-phase 2b as extended will now expire on 23 November 2014. “The Company is continuing to progres
Cotemar Extends Safe Lancia Contract Until December 2016
Mexico’s Cotemar group has awarded Safe Lancia a three-year bareboat contract ending in December 2016. Prosafe, the owner of the rig, said that the contract value was around USD 68 million. The Safe Lancia was built in 1982 at the GVA/Kockums yard in Sweden to a GVA 2000 design. It has a ten (10) po