Fossil Energy
Tekmar Names New Chairman
An offshore cable protection company, Tekmar Energy, has bolstered its senior management team with the appointment of a new chairman. High profile industry figure Ally MacDonald takes up the post. With 25 years’ experience in the oil and gas industry and a background in engineering, MacDonald brings
Nam Cheong Forms Ship Design Subsidiary in Singapore
Malaysia’s Nam Cheong Limited has informed that its subsidiary Nam Cheong Dockyard Sdn Bhd has established a new subsidiary, NC Design Pte Ltd in Singapore. NC Design is a private limited liability company incorporated under the Singapore Companies Act, Cap 50 on 23 September 2013, with paid-up capi
Diamond Offshore: CEO Retires after 30 Years of Service
Diamond Offshore Drilling, Inc. announced today that Lawrence R. Dickerson, President and Chief Executive Officer, has decided to retire after more than 30 years of service. “I have had the pleasure of knowing and working with Larry for the past 25 years,” said James Tisch, Chairman of the Board of
Centrica Scraps North Sea Gas Storage Project
Centrica plc has taken the decision not to proceed with its new-build gas storage project at Baird in the UK Southern North Sea and to put its project at Caythorpe in East Yorkshire on hold indefinitely. This decision was taken in light of weak economics for storage projects and the announcement by
Repsol Sinopec Embraces Paradigm Software for Exploration in Brazil
Repsol Sinopec has adopted Paradigm software solutions and services for its major exploration projects in the Campos Basin offshore Brazil. The agreement provides licenses for the Paradigm interpretation software suite SeisEarth®, which includes such industry-leading applications as VoxelGeo® and St
Black Elk Energy Completes Vermilion Sidetrack
Black Elk Energy Offshore Operations, LLC , an independent oil and gas company headquartered in Houston, announced another milestone in their 2013 Capital Campaign with the successful drilling and completion of Vermilion 408 Well No. A-1 Sidetrack. The recently completed well is flowing 717 barrels
Strong Currents Force Buccaneer to Move Jack-Up Rig to New Location (USA)
Buccaneer Energy Limited has announced that, in relation to the Southern Cross Unit # 1 well in Alaska, it is moving the Endeavour rig to a new location. After completing the installation of the 30″ diverter and well control equipment on the conductor pipe, some settling of the rig’s legs into the s
Barzan Topsides En Route to Qatar’s North Field
RasGas Company Limited (RasGas) has announced that the Barzan Gas Project’s four offshore platform topside modules, collectively weighing a total of 9,500 tonnes, have started their long journey by sea from Ulsan, South Korea to Qatar’s North Field. The topsides, which include three wellhead platfor
Forum Energy Technologies Raising $300 Mln to Reduce Debt
Forum Energy Technologies, Inc., said yesterday it intended to offer $300 million aggregate principal amount of senior unsecured notes due 2021 to eligible purchasers in a private placement. The Company intends to use the net proceeds from the offering to repay all amounts outstanding under the term
Statoil Receives Permission to Drill New Norwegian Sea Wells
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wells 6407/8-6 and 6407/8-6 A, cf. in the Norwegian Sea. Wells 6407/8-6 and 6407/8-6 A will be drilled from the Songa Trym drilling facility at position 64°21’12.70″ north and 07°27’44.48″ east after it comple
Oil & Gas Recruitment Specialist Bolsters its Team with New Members
An oil and gas recruitment specialist Infinity Resources International has made two key appointments as it establishes a new business stream and bolsters existing service provision to a growing client base. Experienced industry figure Graeme Chapman has joined the Aberdeen-based company to head up a
‘BOA Thalassa’ to Acquire 3D EM Data in Malaysia
Norwegian electro magnetic survey specialist EMGS has received a Letter of Intent for approximately one month of 3D EM acquisition in Malaysia. The survey will be performed using the vessel BOA Thalassa, which is expected to complete its current work programme in Brunei mid-October. The vessel will
Trinity: B11 Well in Trinidad Brought on Stream
Trinity, an independent E&P company focused on Trinidad and Tobago, has announced that the B11 sidetrack well drilled from the Trintes Bravo platform has been brought onstream at an initial gross production rate of 265 bopd. The rig will now be demobilised to the yard to upgrade the mud systems and
Eni Hits Gas Offshore Vietnam
Neon Energy Limited has announced that gas has been discovered at its Cua Lo-1 exploration well, located in Block 105-110/04 (“Block 105”) offshore Vietnam. Since the last update on 26 August 2013 the 12 ¼” hole has encountered gas shows within each of the upper three objectives, prior to experienci