Fossil Energy
NPD Continues with Barents Sea Mapping
So far, the Norwegian Petroleum Directorate (NPD) has acquired 8800 km of seismic in the new Norwegian sea area in the northeastern part of the Barents Sea. According to the plan, the acquisition activity will continue until mid-October. “The operation has been successful so far. Progress has been g
Keppel Bags Two FPSO Conversion Orders
Keppel Shipyard Ltd (Keppel Shipyard) has secured two Floating Production Storage and Offloading (FPSO) conversion contracts from repeat customers worth a combined value of S$190 million. These contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Limited (M3nergy Offshore). Micha
New Zealand: Consultation Begins for Block Offer 2014
New Zealand’s Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2014 process for awarding oil and gas exploration permits. “Consultation now begins with iwi and local authorities in the areas being proposed for onshore and offshore exploration,” says Mr Bridges
Matrix, Subsea 7 Cooperate at Gorgon Project (Australia)
Matrix Composites & Engineering (Matrix) has entered into an agreement with Subsea 7 for the supply of subsea installation buoyancy for their heavy lift tie-in package on the Chevron-operated Gorgon Project in Western Australia. Matrix will supply subsea installation buoyancy ranging from 0.5t to 10
CROSCO Lands Three Contracts from INAgip
Croatia’s CROSCO, Integrated Drilling & Well Services Co., Ltd. has been awarded three contracts for INAgip (joint venture Company between the Croatian oil company INA and Italian Eni), offshore Croatia. Two contracts are related to the wireline (slickline) service and the well testing service in su
Alam Maritim Wins Underwater Services Job (Malaysia)
Malaysia’s Alam Maritim Resources has received a Letter of Award for the provision of underwater services for a local oil and gas company. The Contract is for a firm period of 30 days with an option for extension of up to a maximum of 21 days. The estimated value of the Contract is RM39 million [&he
Greenpeace Activists Board Gazprom’s Oil Rig. Two Arrested
Two Greenpeace International activists have been arrested after climbing the Gazprom oil rig Prirazlomnaya, in the remote Pechora sea, in the Russian Arctic, during a peaceful protest that has prompted “a disproportionate use of force by the Russian Coast Guard,” Greenpeace has announced. There are
Salamander Spins Drill Bit at Ayutthaya Well (Thailand)
Salamander Energy plc announces the spud of an exploration well in Block G4/50, Gulf of Thailand targeting the Ayutthaya prospect. Ayutthaya is located in the Western Central sub-basin, some 7 km northeast of the recent Surin oil discovery. The well will target oil in Miocene sandstones and is estim
Petrobras Orders Two FPSOs
Brazil’s national oil company Petrobras has announced that an agreement for the construction of floating production storage units (FPSOs) P-75 and P-77 was signed on Monday (Sept. 16), at Palácio Piratini, in Porto Alegre, with the RIG Consortium, which is formed by Queiroz Galvão, Camargo Correa, a
Statoil Spuds Snilehorn Well
Statoil has begun drilling at Snilehorn exploration well 6407/8-6 in the Norwegian Sea, Faroe Petroleum, which owns a 7.5% share in the prospect, has announced. The Snilehorn prospect is located four kilometres from the Hyme producing oil field (Faroe 7.5%) in the Norwegian Sea. Hyme produces into t
Eni Finding Ways to Resume Production at Guendalina 3 (Italy)
Mediterranean Oil & Gas Plc provides the following update on operations to restore production at Guendalina 3 short string (“GUE-3ss”), offshore Italy. To remind, production from the well wash shut on August 30 due to a sudden reduction in production performance. The Company’s wholly owned subsidiar
WesternGeco Files Patent Infringement Claim against PGS
Schlumberger’s subsidiary WesternGeco has filed a complaint against PGS in Houston alleging infringement of four patents. These patents were part of the litigation between WesternGeco and ION Geophysical regarding the DigiFIN steering device. For the case to continue WesternGeco will also have to ta
Tap Oil to Acquire Share in Vic/P67 Exploration Permit (Australia)
Australia’s Tap Oil Limited has executed an agreement with WHL Energy Limited for an option to acquire an initial 10% interest in exploration permit Vic/P67 in the offshore Otway Basin. The Vic/P67 permit contains the undeveloped La Bella gas discovery and multiple near-field exploration targets. WH
Tullow Names New Non-Exec Director
Tullow Oil plc has appointed Jeremy Wilson as a non-executive Director with effect from 21 October 2013. According to the company’s press release Jeremy brings extensive strategic and corporate finance experience to Tullow following a successful career at JPMorgan where he joined as a graduate and i