Fossil Energy
Total Completes Appraisal Drilling at Norvarg (Norway)
Det norske oljeselskap ASA, as partner in PL 535, announces that Total E&P Norge AS as operator of PL 535 is in the process of concluding the drilling of appraisal well 7225/3-2 on the Norvarg gas discovery made in 2011. The appraisal well was drilled approximately 275 kilometres north of the Hammer
Tullow Acquires Inpex’s Share in Offshore Suriname Block
INPEX CORPORATION has announced that its subsidiary Teikoku Oil (Suriname) Co., Ltd, has reached an agreement to transfer a 30% participating interest in the Block 31 (Block), Offshore Suriname, to Tullow Suriname B.V., a subsidiary of Tullow Oil plc (Tullow), an independent E&P company based in the
Dolphin Geophysical Buys Quantum GeoServices
Dolphin Geophysical (“Dolphin”) is pleased to announce that it has reached exclusive agreement to purchase Quantum GeoServices (Asia Pacific) Pte Ltd (“Quantum”). The agreement is subject to due diligence and is expected to be completed in early August. Based in Singapore, Quantum provides seismic d
Hess Continues Downstream Divestments. Sells Energy Marketing
Hess Corporation announced today it has entered into an agreement with Direct Energy, a North American subsidiary of Centrica plc, to sell its Energy Marketing business for a total consideration of $1.025 billion. The Energy Marketing business supplies natural gas and electricity to 23,000 commercia
Malaysia: Jasa Merin, Exxon Agree PSV Contract Extension
Jasa Merin (Malaysia) Sdn Bhd, a subsidiary of SILK Holding has accepted the award of contract extension by ExxonMobil Exploration and Production Malaysia Inc. for the provision of one Platform Supply Vessel. The original contract which started on 3 August 2012, had a primary period of one year and
Shah Deniz Partners Join TAP
The Trans Adriatic Pipeline AG (TAP) today announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has a
National Oilwell Varco: Historic Backlog for Rig Technology Segment in 2Q
National Oilwell Varco, Inc. today reported that for its second quarter ended June 30, 2013 it earned net income of $531 million, or $1.24 per fully diluted share, compared to first quarter ended March 31, 2013 net income of $502 million, or $1.17 per fully diluted share. Excluding transaction charg
Subtech Qatar Wins Several Subsea Contracts
Subtech Qatar awarded another suite of service contracts with combined estimated value of USD 40 million. Newly established subsea cable lay division and remotely operated vehicle division driven by expansion in the Middle East.
Footbridge Collapses Between ‘Floatel Superior’ and ‘Kvitebjorn’
Floatel International, a Sweden-based owner of accommodation units for the offshore oil and gas sector, has been hit with another safety incident in less than a year. A footbridge, used everyday by 100 workers who walk from the Floatel Superior accommodation unit to the nearby Kvitebjorn platform in
GEPetrol Hires ‘Atwood Hunter’ Rig for Drilling Offshore E.Guinea
Atwood Oceanics, Inc. announced today that one of its subsidiaries has been awarded a drilling services contract by Guinea Ecuatorial De Petroleos “GEPetrol” for the semi-submersible rig Atwood Hunter. This contract is for a three well contract with a minimum term of ninety days and includes the pro
CNOOC Makes Two Oil Finds in Bohai Bay (China)
China’s CNOOC Limited today announced that the Company has made two new exploration discoveries Bozhong 8-4 and Kenli 10-4 in Bohai. Bozhong 8-4 is located in the west slope of Bozhong Sag in Bohai, with an average water depth of about 28 meters. The Company has already drilled wildcats on this stru
Plexus Results to Exceed Expectations (UK)
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that following the end of the Company’s financial year on 30 June 2013, the Board anticipates that the full year results, which
etpm Expands ROV Recruitment Line with Great Yarmouth Office
Aberdeen-based subsea and marine recruitment specialist etpm is continuing its company growth by opening a new office in Great Yarmouth and taking on two new members of staff to meet increasing client demand for experienced ROV staff. Great Yarmouth is strategically well placed to service oil, gas,
Premier Strikes Gas at Lacewing Prospect
A gas column of greater than 100 feet was encountered and the well achieved its pre-drill objectives