Fossil Energy
Start-Up of Njord and Hyme Fields Delayed (Norway)
Faroe Petroleum, an independent oil and gas company focussing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has been advised by the operator Statoil that, after its programme of maintenance and upgrade work, the
Siem Offshore Acquires 50 Pct Ownership in Secunda Canada
Siem Offshore and Birch Hill Equity Partners Inc. (“Birch Hill”), together the “Parties”, have entered into an agreement whereby Siem Offshore today has acquired 50 percent ownership in Secunda Canada LP (“Secunda”) at a purchase price of CAD 16.25 million paid in cash. Secunda has more than two dec
Bayerngas UK Buys Centrica’s Stake in License P456
Bayerngas UK Ltd today announced it has agreed to purchase from Centrica Resources Ltd their 13% interest in UKCS License P456 containing the Babbage Gas Field. The Field is located in UKCS Block 42/2a in the Southern North Sea and came on-stream in 2010. Current production is from three wells. A se
Centrica Extends Hummingbird Spirit Contract (UK)
Centrica Energy has today announced that it will extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on Centrica Energy’s Chestnut field in the Central North Sea since 2008 and has already produced over 13 million barrels of oil.
Trapoil to Dispose Interest in Knockinnon and Lybster Prospects, UK
Trapoil, the independent oil and gas exploration, appraisal and production company focused on the UK Continental Shelf region of the North Sea, announces that it has entered into legally binding Heads of Agreement with Caithness Oil Limited, its parent company, Caithness Petroleum Limited and IGas E
Baker Hughes: International Offshore Rig Count for August Up Year-on-Year
Baker Hughes Incorporated announced today that the international rig count for August 2013 was 1,267, down 38 from the 1,305 counted in July 2013, and up 6 from the 1,261 counted in August 2012. The international offshore rig count for August 2013 was 309, down 11 from the 320 counted in July 2013,
Two New Categories Added for Offshore Achievement Awards (UK)
The Society of Petroleum Engineers Aberdeen Section has announced two new categories for this year’s Offshore Achievement Awards, which launch on 1 October. The awards, which are supported by principal sponsor TAQA, have a 27-year history of celebrating outstanding success and innovations in the oil
Petroceltic Delivers Solid Operations for 1H 2013
Petroceltic International plc, the independent oil and gas exploration development and production company focused on the Middle East North Africa (“MENA”), the Mediterranean and the Black Sea regions today announces its results for the six month period ended 30 June 2013. The Company Highlights incl
BG Group 2013 Production Milestones Delivery Remains on Track
BG Group is today hosting a Capital Markets Day for analysts and investors focussing on its world-class exploration business and unique LNG model. In addition, the Group also updates on progress against milestones; operations; and, the delivery of its key growth projects. Operational update All guid
BP Discovers Gas in East Nile Delta (Egypt)
BP Egypt today announced a significant gas discovery in the East Nile Delta. The deepwater exploration well, named Salamat, is the deepest well ever drilled in the Nile Delta. It is the first well in the North Damietta Offshore concession granted in February 2010 and operated by BP. The well was dri
Ensco Takes Delivery of New UDW Drillship
Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning in the fourth quarter at an initial day rate in the mid
PEDEC: Kish Gas Field Project Moves Forward (Iran)
Head of petroleum engineering in the Development Project of Kish Gas Field talked about five environmental studies and early production from The Field by Petroleum Engineering and Development Company (PEDEC). According to Petroleum Engineering and Development Company’s (PEDEC) Public Relations (PR),
Chariot Identifies Resource Potential Offshore Namibia
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, provides an update on selected results from an independent audit by Netherland Sewell and Associates Inc (“NSAI”) of the prospective resource potential of the Central Area blocks (2312 A&B and the northern halve
Intego Group Works on Reducing Risk of Offshore Disasters
Having a unique in-house expertise in 3D simulation coupled with a deep understanding of the oil and gas industry, Intego Group is working with the National Center for Simulation, which is located in Orlando, Florida, to bring their unique, in-house expertise in 3D simulation to the U.S. market. Jul