Fossil Energy
ROC Chairman Retires (Australia)
ROC (Roc Oil Company Limited) today announced that Andrew Love will retire as Chairman in December 2013. Love will be succeeded by Mike Harding who joined the ROC Board as a non executive director in June 2012. Love was appointed a founding director of ROC in February 1997 and has been Chairman sinc
Statoil Extends Viking Princess PSV Charter
Norwegian oil titan Statoil has declared its option for one year extended period for charter of the Viking Princess platform supply vessel, owned by Eidesvik Offshore. The extended deal for the LNG-powered vessel starts in November 2013. This is the first of two yearly options on this contract. “We
Contract Extension for ‘Atwood Manta’ Jack-Up Rig in Thailand
Atwood Oceanics, Inc., a Houston-based offshore drilling contractor, has been awarded a two year contract extension by Coastal Energy Company, Ltd. for the jack-up rig Atwood Manta. The extension is priced at a day rate of $159,500 in Thailand and begins December 2, 2013. The operating rate for addi
Hess Hires Supply Vessel from Jasa Merin (Malaysia)
Jasa Merin, a subsidiary of SILK Holdings has been awarded a contract by Hess Exploration and Production Malaysia B.V. for the provision of one unit of Straight Supply Vessel (“SSV”). The contract is expected to start 1 September 2013. Hess will hire the vessel for a fixed term of three years. The o
PDVSA, Eni Form Joint Venture Firm to Exploit Perla Field Reserves
Rafael Ramirez, Venezuela’s Minister of Petroleum, and Paolo Scaroni, CEO of Italian oil giant Eni, met in Caracas to discuss activities and joint projects in Venezuela. During the meeting, Scaroni along with Claudio Descalzi, COO of Eni E&P, shared with Minister Ramirez the progress and future acti
Afren to Complete Ogo-1 Sidetrack Well in September (Nigeria)
Lekoil, has announced that, further to the announcement of 26 June 2013, when the company informed of an oil discovery at the Ogo-1 well,offshore Nigeria, drilling of the Ogo-1 sidetrack well is still ongoing. Lekoil, which owns a 17,14 % participating interest in the OPL310 block, said the sidetrac
AAIB: Heli Intact When It Hit Sea. ‘Black Box’ Still Not Found.
Air Accidents Investigation Branch has, in the wake of last Friday’s Super Puma helicopter crash off Shetland, announced that preliminary information indicates that the approach proceeded normally until approximately three miles from the Sumburgh Airport runway when there was a reduction in airspeed
Jindal: BP Spends More on PR Than on Oil Spill Liabilities
Governor Bobby Jindal of Louisiana yesterday addressed a gathering of the Gulf Coast Ecosystem’s Restoration Council in New Orleans, where he highlighted the importance of Louisiana to the Gulf’s Ecosystem and called for a swift flow of RESTORE Act funds to Gulf States, counties and parishes affecte
Sen. Vitter: GoM Lease Sale Revenue Should Be Higher
U.S. Senator David Vitter (R-La.) made the following statement after the U.S. Department of Interior’s offshore lease sale for the Western Gulf of Mexico, noting that the revenue levels for offshore leasing are far below what it could be. “Today’s lease sale was only the fourth since the 2010 drilli
Western GoM Lease Sale Attracts $102 Mln in Bids
The U.S. Department of the Interior’s Bureau of Ocean Energy Management yesterday held Western Gulf of Mexico Lease Sale 233, which offered 20.7 million acres and attracted $102,351,712 in high bids for 53 tracts covering 301,006 acres on the U.S. Outer Continental Shelf (OCS) offshore Texas. A tota
‘Oil Woman of the Year’ Takes Over as AGR Rig Team Boss
Norway’s AGR today announced it has appointed Jorunn Sætre to lead its Norwegian Rig Team and manage the company’s rapidly growing Stavanger office. With a distinguished career spanning more than 30 years in the international energy industry, Jorunn brings a wealth of experience to her new roles. Pr
OMV Hires DOF for Subsea Installation Task in New Zealand
DOF Subsea Group has been awarded a contract by OMV New Zealand Ltd, for subsea installation services to the Maari Field, Raroa FPSO offshore Taranaki, New Zealand. The project, worth approximately NOK 150 million, will be executed from DOF Subsea’s Perth office with offshore operations being perfor
Lamprell Returns to Profit (UAE)
Lamprell Energy, a UAE-based provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces today 2013 interim financial results for six months to 30 June 2013. The Group’s total revenue of $521.0 million for the period w
Millennium Offshore Services Acquires Jack-Up Rig
Millennium Offshore Services, a provider of offshore jack-up accommodation service vessels (“ASVs”) to oil and gas industry, announced today that it has signed a contract to purchase a 300’ Letourneau 116 Cantilever jack-up rig from an offshore drilling company for $25 million, to be named the “MOS