Fossil Energy
Ministry Approves Farm-Out of Block C-19 (Mauritania)
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 8 August 2013, the farm-out agreement signed between its wholly-owned subsidiary, Chariot Oil & Gas Investments (Mauritania) Ltd. and Capricorn Mauritania Limited
Top News of The Week October 7 – 12, 2013
Pilot Dies in Gulf of Mexico Helicopter Crash. Two Injured A helicopter carrying three workers who had just completed their offshore shifts crashed today in the U.S. Gulf of Mexico, around 30 miles north of Venice. The pilot died, two of workers sustained severe back injuries, one was unharmed. He
Harvey Gulf International Marine Buys Abdon Callais Offshore
New Orleans based Harvey Gulf International Marine, announced the closing of its asset purchase of Abdon Callais Offshore, a deal worth $460 Million USD in cash, while simultaneously selling six of the older assets to Adriatic Marine for $72 Million USD. CEO Shane Guidry commented: “It’s been a very
Stone Energy Adds New Member to Its BoD
Stone Energy Corporation announced the addition of David Lawrence to its Board of Directors, effective October 9, 2013. Lawrence has extensive global experience across the upstream business. He served as Executive Vice President Exploration and Commercial for Shell Upstream Americas and Functional H
Van Heck’s Sea Trophy Decreases Oil Spill Risk
Van Heck is world renowned for its water management systems ideally suited to the maritime and dredging industries, and with its latest innovation they have created the potential to eliminate one of the largest and most damaging risks to both the economy and the environment; all wrapped up in a tiny
Noble Receives LOI for Its Jack-Up Rig
Noble Corporation, a U.S.-based drilling contractor, has announced that it has received a letter of intent for its Noble Ed Noble rig. In its fleet status report, the drilling contractor said that the contract is expected to start in late April 2014 and will last until October 2015. The jack-up rig
Blue Water Takes Part in FPSO Projects
For many years, Blue Water has provided logistics solutions for the oil & gas industry including solutions for the construction of special FPSO vessels (Floating, Storage, Production and Off-loading). Recently, Blue Water was chosen as a business partner for two comprehensive projects. SBM Offshore
UAE Minister to Open OPITO Conference
Suhail Mohamed Al Mazrouei, the Minister of Energy for the United Arad Emirates will open the OPITO Safety and Competency Conference – OSCC 2013 – which takes place in the Park Hyatt Abu Dhabi Hotel, Abu Dhabi on Tuesday 19 November 2013. This year’s event will be the fourth annual gathering of oil
ROVOP Names New Finance Director (UK)
Subsea specialist ROVOP has appointed a finance director to further strengthen the company’s position for future growth. Alan Shanks takes up the post and also joins ROVOP’s Board of directors, bringing extensive experience in successfully facilitating and managing strategic business expansion from
Havila Shipping Signs Long Term Vessel Contracts
Havila Shipping has entered into a new contract with Subsea 7 for the Havila Subsea. The contract is for a firm period of one year and will keep the vessel working for Subsea 7 to the end of 2014. The contract includes two optional periods each of one year. Havila Shipping has entered into a [&helli
Vermilion Energy Buys Northern Petroleum Nederland
Vermilion Energy Inc. announces that it has completed its previously announced transaction with Northern Petroleum Plc. whereby Vermilion, through its wholly-owned subsidiary, has acquired 100% of the shares of Northern Petroleum Nederland B.V. NPN is the Netherlands subsidiary of UK-based Northern.
AGR Consultancy Gets Services Agreement from Statoil
A major frame agreement for drilling and well technology consultancy manpower has been awarded by Statoil to AGR Consultancy in Norway. Starting in January 2014, the agreement mainly covers Statoil’s operations in Norway, but the services may be performed globally. The five-year contract has extensi
Medvedev Visits Lukoil’s Offshore Platform (Russia)
Dmitry Medvedev, Head of the Russian Federation Government, recently visited LUKOIL’s offshore platform used by the company to extract oil from Yuri Korchagin field located in the Russian sector of the Caspian Sea. LUKOIL started oil production at the above field in 2010. The current oil production
Seadrill Negotiating Contract Extension for West Aquarius Rig
Seadrill Partners LLC announces today that as part of a settlement agreement with it has agreed to non-payment for 37 days during the recent mobilization period as a result of the time required for the ultra-deepwater harsh environment semi-submersible West Aquarius to complete modifications and rep