Fossil Energy
AGR to Drill Exploration Well for Major Indian Company
AGR has been awarded a full project management services contract to drill an exploration well for a major Indian company. The company’s portfolio includes interests in the Indian sub-continent, Indonesia and Australia. The well will be located in Northern Australia waters. The contract, awarded to A
Power Outage Shuts Production at Visund Platform
Norwegian oil giant Statoil has closed production from its Visund platform in the Norwegian part of the North Sea, after the platform experienced a power outage on Sunday afternoon. According to Aftenbladet newspaper, 84 workers were transferred by helicopter to the nearby Gullfaks A platform. “44 w
ConocoPhillips to Resume Drilling Ops at Proteus-1 Soon (Australia)
At 06:00 WST on the 2nd of August preparations were being made to sidetrack the Proteus-1ST1 borehole. Since the last update the 6-1/2” hole section was drilled from 4583 mRT to 4937 mRT. After a stuck drill string and repeated failure at recovery a decision was made to sidetrack the well. Sidetrack
Tullow Awards Ghana FPSO Contract to Modec
MODEC, Inc. announced today that Tullow has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (“FPSO”) vessel for the Tweneboa, Enyenra, and Ntomme (“TEN”) fields in the Deepwat
AGR Nets Contract Extension with BP in Azerbaijan
Offshore drilling solutions provider AGR Enhanced Drilling has further secured its position in the Caspian after BP signed a two-year contract extension. The extension, which runs from January 1, 2013 and was signed by BP Exploration (Caspian Sea) Ltd, will see Enhanced Drilling extend the placement
Technip Wins Contract for Moho Nord Project, Congo
Technip was awarded by Total E&P Congo an important engineering, procurement, and supply contract for the Moho Nord project, the largest development ever in the Republic of Congo, located 75 kilometers offshore Pointe Noire. The Moho Nord project consists of two developments: Moho Phase 1bis and Moh
Rig Problems Force Camac to Delay Oyo Drilling Plans (Nigeria)
CAMAC Energy Inc. has been informed by Allied Energy PLC that the assignment of the Sedneth 701 rig, proposed for July 31, 2013 under the previously announced Deed of Assignment with Transocean Ltd. and Nigerian Petroleum Development Corporation Limited (“NPDC”) for the drilling of Oyo Well #7 has b
‘Pieter Schelte’ to Remove Shell’s Brent Field Platforms (UK)
Shell has awarded Allseas the topsides and jacket removal contract for the Brent field platforms. The contract also includes the removal of Brent Alpha’s steel jacket. The Brent field is situated on the UK Continental Shelf, 186 km (116 miles) north-east of Lerwick, Scotland, in a water depth of 140
Top News of The Week July 29 – August 3, 2013
1. Footbridge Collapses Between ‘Floatel Superior’ and ‘Kvitebjorn’ 2. VIDEO: Gudrun Load Out, Sail Away and Offshore Installation 3. Gallery: Oil Spill Hits Thai Tourism. Greenpeace Calls for Drilling Ban 4. Eni Makes Significant Oil & Gas Discovery Offshore Congo 5. Seadrill Orders Two New
Israel: Noble Energy Plugs Pinnacles Well
Noble Energy has informed its partners it is going to plug and abandon its Pinnacles 1 well located offshore Israel. According to a press release issued today by Delek, one of Noble’s partners in the project, due to significant increase in the water flow rate in the production of natural gas from Pi
Doedijns Nets SBM Offshore FPSO Job
Doedijns from the Netherlands has been awarded a contract for the delivery of a major part of the Rig-less Intervention System for the BC-10 FPSO production facility by SBM Offshore Malaysia. Shell’s BC-10 Development in the Campos Basin offshore Brazil implemented a new method of subsea-separation
San Leon Has Two Years to Begin Drilling Offshore Albania
San Leon has announced the Second Amendment (“Amendment”) to its Petroleum Sharing Contract (“PSC”) for the Durresi Block, offshore Albania, where the Company holds a 100% operating interest, became effective on 31 July 2013 following Council of Ministers approval and publication in country’s Offici
TSC Offshore to Deliver Drilling Package for CIMC Raffles-Built Jack-Up Rig
CHINA – CIMC Raffles has placed an order for a complete drilling package for its new Y13-1293 Jack-up rig. The package, valued at approximately $29-6 million will be delivered by TSC Offshore Group. Upon delivery, it will be the eighth such package delivered by TSC to CIMC Raffles since 2008. The Ex
Chevron Sees Quarterly Profit Slide
Chevron Corporation, a California based oil and gas exploration and production company, today reported earnings of $5.4 billion ($2.77 per share – diluted) for the second quarter 2013, compared with $7.2 billion ($3.66 per share – diluted) in the 2012 second quarter. Sales and other operating revenu