Fossil Energy
Grandweld Delivers Seismic Support Vessel ‘Fulmar’
Dubai’s Grandweld Shipyards delivered Fulmar, the second Hybrid Seismic Support vessel in a series of six. The 54 m long, 50-tonnes bollard pull vessel has been designed to assist in seismic operations including chasing, towing, storage and transport of offshore supplies and crew. After successfully
Bulgaria: New Offshore Well Comes on Stream
Petroceltic International plc, the upstream oil and gas exploration and production company focused on the Middle East, North Africa (“MENA”), the Mediterranean and Black Sea regions, today announces the successful tie-back of a new production well on the Kaliakra gas field, offshore Bulgaria. The we
Cote d’Ivoire: Rialto Pens Deal to Replace Current PSC for Block CI-202
Rialto Energy has announced that its subsidiary Rialto Energy (Cote d’Ivoire) Ltd has signed a Memorandum of Understanding with the Cote d’Ivoire Ministry of Oil & Energy, the state owned oil & gas company PETROCI, and Vitol E&P to replace the existing Production Sharing Contract (“PSC”) for Block C
DeepOcean Secures IMR Work in Brazil
DeepOcean AS, part of DeepOcean Group, announced today that together with its Brazilian partner Comphania Brasileira de Offshore (CBO) they have been awarded a 2 year with 2 year options contract from Petróleo Brasileiro S/A (“PETROBRAS”) E&P Services. The contract includes subsea inspection, mainte
Top News of The Week September 9 – 13, 2013
Kashagan Field Oil Production Starts, Kazakhstan The North Caspian Operating Company (NCOC) on behalf of the North Caspian Sea PSA Consortium announced today the first well was opened and the initial volumes of oil are being produced from the Kashagan field in the North Caspian Sea. Noble Awarded
Announcing Offshore Energy 2014, The Netherlands
Offshore Energy Exhibition and Conference 2014 will be held on 28 & 29 October 2014 at the Amsterdam RAI, the Netherlands. 2014 brings the 7th edition of Offshore Energy. Offshore Energy is the fastest growing gathering of offshore industry professionals. Founded in 2008 with 70 exhibitors and 1,765
Oilgen Expands Its Team (UK)
A specialist North-east reservoir engineering company Oilgen has doubled its in-house team of experts to work on projects across the globe. Oilgen, which specialises in high-tech reservoir modelling to forecast and improve oil and gas production, has appointed Lisa Casteleyn as a geologist, bringing
SOCAR: Oil Rocks Field Well Commissioned, Azerbaijan
The State Oil Company of the Azerbaijan Republic (SOCAR), a Company involved in exploring oil and gas fields, producing and transporting oil and gas, announces that the well #2595 on offshore Oil Rocks field has been recently commissioned. The well is being drilled from the platform #2585. The daily
Norway to Award New Production Licences in APA 2013
When the application deadline expired for Awards in Predefined Areas (APA) 2013 on the Norwegian continental shelf, the Ministry of Petroleum and Energy (MPE) had received applications from 50 companies. The Ministry aims to award new production licences in APA 2013 sometime during January 2014. “In
Solstad, Petrobras Ink Normand Drott Charter Contract
Solstad Offshore ASA (SOFF) has entered into a new long term contract with Petrobras for the AHTS «Normand Drott». The new contract will commence in November 2013 after a scheduled drydocking. The duration of the contract is 4 years firm and has a value of about NOK 330 mill. Solstad Offshore has 9
Acteon Buys Probe Oil Tools, UK
Acteon announced that it has completed the acquisition of Probe Oil Tools Ltd, which is based in Great Yarmouth, UK. Established in 1973 and still being run by its managing director, Keith Ford, Probe Oil Tools is a specialist provider of high-specification pressure-control equipment, including well
SPEX Group’s Technology Innovation Recognised (UK)
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has secured fourth place on the Sunday Times Hiscox Tech Track 100 league table for the first time. SPEX is one of four companies headquartered in Scotland to make it on
Decom North Sea Hosts Lunch and Learn (UK)
Petrofac’s decommissioning director is among industry speakers taking part in the latest event being hosted by offshore oil & gas decommissioning forum Decom North Sea (DNS). The lunch and learn will take place on Wednesday, September 18, at the Palm Court Hotel, Aberdeen, from 12-2pm. As well as se
Wood Mackenzie: The Globe Holds 1.4 Trillion Boe of Undeveloped Reserves
Around the globe there are nearly 1.4 trillion barrels of oil equivalent (boe) reserves in conventional undeveloped oil and gas fields according to Wood Mackenzie’s latest upstream outlook. This includes nearly 1.1 trillion boe of “technical reserves” – a term Wood Mackenzie uses for reserves for wh