Fossil Energy
Santos Winchester Well Logs Analysis to Take Some Weeks to Complete
Santos Offshore Pty Ltd, the Operator of the Winchester-1/ST-1 exploration well being drilled in the Dampier Sub-basin permit WA- 323-P, in Australia has informed that at 06:00 hours (WST) on Tuesday, 30 July 2013, the well was at a depth of 3880m MDRT (measured depth below rotary table) and drillin
COSL Buys Two New PSVs
China Oilfield Services Limited announced that it has recently purchased two newly-constructed platform supply vessels. Built by Xiamen Shipbuilding Industry Co., Ltd., the two vessels belong to the same KCM75M model and each of them has an overall length of 75 meters, an overall deck area of 700 sq
BSEE Sets Up Panel to Investigate Well Control Incident in U.S. GoM
BSEE Gulf of Mexico Regional Director Lars Herbst has stood up a Panel Investigation into the loss of well control event that took place July 23 at South Timbalier Block 220 Well A-3, approximately 55 miles offshore Louisiana. The investigation led by BSEE will focus on determining the cause(s) of t
Ensco 2Q Revenues Grow to a Record $1.2 Billion
Ensco plc, a UK-based offshore drilling contractor, reported diluted earnings per share from continuing operations of $1.55 in second quarter 2013, compared to $1.45 per share in second quarter 2012. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balanc
OIS New Service Prepares Operators for Well Decom Operations
Offshore Installation Services Ltd (OIS), an Acteon company, has launched a new service designed to help operators fulfill their suspended well decommissioning plans. Wellintel is a well data collection and review service that gathers and prepares the information operators require before they start
Indonesia: Lundin Swaps Sareba Block for Cendrawasih VII
Lundin Petroleum has entered into a production sharing contract (PSC) amendment with SKKMigas to substitute the existing Sareba Block acreage with new acreage named Cendrawasih VII (CVII), offshore north eastern Indonesia. Under the amended agreement, Lundin Petroleum is awarded the new Block acreag
Harvey Confirms Delivery of “Harvey Deep-Sea” Vessel
Harvey Gulf International Marine, LLC has announced it has accepted the M/V Harvey Deep-Sea from Eastern Shipbuilding Group, Inc. on July 22, 2013 contradicting an erroneous commentary in the June 20th , 2013 online edition of Petrodaily Subsea International Edition stating the vessel delivery had s
BP 2Q Profit Hit By Low Oil Prices
BP today announced its financial results for the second quarter of 2013. Underlying replacement cost profit for the quarter was $2.7 billion, compared to $4.2 billion in the first quarter of the year and $3.6 billion in the second quarter of 2012. Operating cash flow in the quarter was $5.4 billion.
VIDEO: Gudrun Load Out, Sail Away and Offshore Installation
The following video shows the load out, sail away and offshore installation of the Statoil-operated Gudrun platform deck. The facility sailed away from the yard in Haugesund on July 17, and approximately 24 hours later, the deck had been lifted into place on the steel jacket in the North Sea. Ståle
Coastal Sells 7 Vessels for $132 Million (Malaysia)
Coastal Contracts Bhd has announced it has secured contracts for the sale of five Anchor Handling Tug Supply (“AHTS”) vessels, one Accommodation Work Barge and one 85m Subsea Support/Maintenance Vessel for an aggregate value of approximately RM425 million (USD 131.8) Among the seven Offshore Support
Denmark: DanCopter Receives New Heli for North Sea Crew Changes
Eurocopter has delivered a fourth EC225 helicopter to Denmark’s DanCopter A/S – which operates the rotorcraft for crew change missions to offshore oil and gas platforms in the North Sea. The handover was made at the Marignane, France production facility of Eurocopter, and will be followed by the hel
Tekmar Gets Back to Oil & Gas Industry
Tekmar Energy, a cable protection company for the offshore wind industry, has announced ambitious plans to return to the oil and gas market, whilst maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth it aims to generate £15million in turnover from its
India: RIL, ONGC to Share East Coast Infrastructure
In a move that may open up new opportunities in India’s quest of energy security, Reliance Industries Ltd (RIL) has inked a Memorandum of Understanding with the Oil and Natural Gas Corporation (ONGC) to explore the possibility of sharing RIL’s infrastructural facility in the East Coast. In line with
Lukoil: V. Filanovsky Facilities an Route to Offshore Site (Russia)
Offshore operations started last week in Astrakhan to transport two offshore facilities built by order of LUKOIL for field infrastructure development at the Vladimir Filanovsky field located in the Caspian Sea. The facilities are substructures for the living quarters module platform (LQP-1) and rise