Fossil Energy
OMV Spots Traces of Oil & Gas at Manaia (New Zealand)
Cue Energy Resources Ltd (Cue) advises that the OMV-operated Manaia-2 well, offshore New Zealand, is at a depth of 2005m MDRT at 0600 hours local time on 11 October 2013. Current operations are running wireline logs. Since the previous report, 12 1/4 x 13 1/2 hole was drilled through the Moki Format
No Offshore Production for OGX in September
OGX Petróleo e Gás Participações S.A. , announces that its average oil and natural gas production for September 2013 reached 13.2 thousand barrels of oil equivalent per day (2.1 million m3 per day), which corresponds to OGX’s share of the average production of natural gas at the onshore Gavião Real
Newfoundland and Labrador Celebrate Husky Platform Decision (Canada)
Today, the Honourable Kathy Dunderdale, Premier of Newfoundland and Labrador, joined Husky Energy and its partners in Placentia to announce an agreement to advance the development of the White Rose Extension Project. “This is an exciting day for us, and for an industry which has provided tremendous
Lundin CFO Calls it Quits After 10 Years
Lundin Petroleum has appointed Mike Nicholson as Chief Financial Officer (CFO) following the decision of Geoff Turbott to step down for personal reasons following 10 years in this position. Nicholson has worked for the Company since 2005 through various roles and most recently as Managing Director i
Husky to Build Offshore Platform at Argentia? (Canada)
Canada’s Husky Energy is today expected to announce its decision to construct the base of a Wellhead Production Platform on the Argentia Northside Peninsula, in Canada, The Telegram, Newfoundland and Labrador’s largest newspaper, has informed. More precisely, the Canadian oil giant will build the Co
Prosafe Completes $116 Million Bond Issue
Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that it has successfully completed an NOK 700 million (around $116 million) unsecured bond issue maturing in October 2018. The bond carries an interest of 3-month NIBOR plus 2.95 per cent. Settlement date is expected to be 2
Lundin Gets Approval to Develop Bertam Field Offshore Malaysia
Lundin Petroleum has received approval for the Bertam Field Development Plan from PETRONAS. The Bertam field is the first development project operated by Lundin Petroleum in Malaysia. The Bertam field is located in Block PM307, offshore Peninsular Malaysia. Lundin Malaysia BV as operator holds a 75%
Keppel to Build $240 Mln Jack-Up for Mexican Client
Keppel AmFELS LLC, a US-based wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Central Panuco S.A. De C.V., a subsidiary of Mexico’s Perforadora Central S.V. De C.V. (Perforadora Central) to build a KFELS B Class jackup rig worth US$240 million, including
‘Maersk Viking’ Drillship Named in South Korea. Next Stop, Gulf of Mexico
Maersk Drilling’s first ultra deepwater drillship was named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Mrs. Nathalie Newman, wife of Mr. Harry E. Newman Jr., ExxonMobil Global Drilling Manager, had the honour of naming the drillship,
Swissco Secures Multiple Charter Deals
Singapore’s Swissco Holdings Limited, a marine service provider for the shipping and offshore oil and gas industries, has secured charter contracts worth an aggregate of US$7.17 million for its vessels. The Group secured 2 years charter contracts each for its two anchor handling tugs (AHTs), ‘Swissc
Sable Offshore Energy Project to Reduce Output Due to Maintenance
Sable Offshore Energy Project (Sable) offshore Canada will undergo a planned reduction in operation beginning October 25, 2013, Maritimes & Northeast Pipeline, L.L.C. has informed. Sable anticipates it will return to full operation beginning November 25, 2013. During this reduction in operation, Sab
Wintershall Hires ‘Energy Swan’ PSV
Golden Energy Offshore has entered into a long term charter agreement with Wintershall Norge AS for one of its PSV vessels. The oil company will hire the Energy Swan platform supply vessel on a 4 year firm contract. Upon expiration of the firm part of the contract Wintershall will have four one-year
Roc Completes Bohai Seismic. Concludes Farmout Option Deal (China)
Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, announces the successful completion of the 162km2 3D ocean bottom cable (OBC) seismic campaign in the 09/05 exploration licence, Bohai Bay, offshore China. The programme was completed ahead of schedule, within budget and without incident. Da
Swire Pacific Offshore Expands Fleet with New AHTS
Shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd (SPO), welcomes another new anchor handling tug supply vessel, Pacific Discovery to its existing D Class fleet. This vessel is owned by SPO and built by DDW-PaxOcean Asia Pte Ltd (DPA). On 8 October 2013, about 80 representatives fr