Fossil Energy
Bridge Energy to Plug and Abandon Asha East Well
Bridge Energy, the Oslo Børs and AIM listed oil and gas exploration and production company, provides an update on the current exploration drilling campaign, targeting the Amol and Asha East prospects within the PL457 licence. Further to the announcement on 25th September 2013, the Company advises th
GMC to Deliver Equipment for Total’s Moho Nord Project
GMC Inc. announces the award of a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Moho Nord TLP project. GMC will supply over 100 sets of its concentric thread, pin and box type connectors under contract to Hutchinson Offshore’s Techlam S.A. wh
Oceana Offshore to Build Two ULSTEIN-Designed PSVs
The Brazilian shipowning company Oceana Offshore will be building two platform supply vessels (PSV) with an option for two additional vessels based on the PX105 design from ULSTEIN. The vessels will be built at the new yard, Oceana Shipyard in Itajai, Brazil, and are scheduled for delivery in April
HB Rentals Launches Remote Communications Service
Offshore and onshore accommodation specialist, HB Rentals, a Superior Energy Services company, announced that it has launched HB DataMAX, a remote rig site communications service that offers solutions with faster speed, greater reliability and better call quality than previous technologies. HB DataM
Noble Financial Results Increase
Noble Corporation today reported third quarter 2013 earnings of $282 million, or $1.10 per diluted share. Results for the quarter included the sale of the jack-up rig Noble Lewis Dugger, which closed in July, a settlement relating to the 2010 acquisition of Frontier Drilling and an impairment charge
Transocean Contracts Value Reaches USD 2 Bln
Transocean Ltd. today issued a comprehensive Fleet Status Report which provides the current status and contract information for the company’s entire fleet of offshore drilling rigs. The total value of new contracts since the September 18, 2013 Fleet Update Summary is approximately $2.0 billion. As a
Woodside Quarterly Production Up 9.5 Pct
Woodside, Australia’s largest independent oil and gas company, has announced the results for the third quarter period ended 30 September 2013. The Company reports quarterly production of 21.9 million barrels of oil equivalent (MMboe), up 9.5% on Q2. The sales revenue for the quarter was US$1,338 mil
Technip Awarded Delta House Field Subsea Contract (USA)
Technip was awarded by LLOG Exploration Offshore L.L.C. a substantial contract for the development of the Delta House field, located in the Mississippi Canyon area of the US Gulf of Mexico. This contract covers the project management, engineering, fabrication, installation and pre-commissioning of m
Black Elk Energy Reports Eighth Successful Project in U.S. GoM
Black Elk Energy Offshore Operations, LLC, an independent oil and gas company headquartered in Houston, announced the eighth successful project of their 2013 capital campaign in the Gulf of Mexico. Ship Shoal 198 #I-11ST was recently completed and is flowing 252 barrels of oil per day (“bopd”) and 1
Westcon Group Names New CEO
The board of directors in Westcon Group has appointed Arne Birkeland as the new Group CEO. Arne Birkeland has held the position as deputy group CEO in Westcon Group since September 2012. He previously held executive positions in Aker Kværner and Wärtsilä. He immediately steps up as Group CEO in West
Rolls-Royce Wins PSVs Design and Equipment Package
Rolls-Royce has won an order to provide an integrated design and equipment package for two offshore supply vessels to be built at COSCO (Guangdong) Shipyard Co., Ltd in China for the Singapore based Chellsea Group, an ambitious and quality conscious player in the offshore oilfield services industry.
Kosmos, BP Enter Farm-Out Agreements (Morocco)
Kosmos Energy announced that it has entered into three farm-out agreements with BP plc, covering three blocks in the Agadir Basin, offshore Morocco. Under the terms of the agreements, BP will acquire a non-operating interest in each of the Essaouira Offshore, Foum Assaka Offshore and Tarhazoute Offs
Statoil BoD Member Resigns
Børge Brende has informed that he will resign from his position as member of the board of directors in Statoil ASA with immediate effect. Brende has been appointed as Minister of Foreign Affairs in the Norwegian government. [mappress] Press Release, October 16, 2013
Government Proposes More Funds for Petroleum Activities
In the proposed national budget for 2014, the government calls for allocating a total of NOK 456.2 million to operating expenses, equipment procurement and maintenance in the Norwegian Petroleum Directorate (NPD). Operating expenses The proposal entails allocation of NOK 247.1 million to operating e