Fossil Energy
Oil Slick Reaches Thai Tourist Resort
An oil spill which started flowing on Saturday, July 27, in the Gulf of Thailand, 20 kilometers away from the coast, has reached a Thai tourist resort on Sunday night. According to Reuters, the oil slick has reached Ao Prao beach on Koh Samet island. Approximately 50.000 liters of oil was spilled fr
BOEM: Western GoM Lease Sale 233 Covers 21 Mln Acres
The Bureau of Ocean Energy Management (BOEM) announced final details for the Western Gulf of Mexico Lease Sale 233. The sale will take place on August 28 and will cover roughly 20.7 million acres offshore Texas for oil and gas exploration and development. The bureau estimates the proposed lease sale
Total Hires ‘Prospector 5’ Rig for North Sea Drilling
Prospector Offshore Drilling S.A. has executed a contract with Total E&P UK Limited and Elf Exploration UK Limited for offshore drilling services in the North Sea with its jack-up rig, “PROSPECTOR 5”. The Contract has an initial firm duration of 1095 days and Total will have the option to extend the
Technip Delighted with Chevron North Sea Job
Technip was awarded by Chevron North Sea Ltd a substantial engineering, procurement, installation and construction (EPIC) contract for the Alder field. For Technip, a “substantial” subsea contract is ranging from €100 to €250 million. Chevron is developing the Alder field as a subsea tieback to the
Circle Oil Buys Remaining 30 Pct in Tunisian Mahdia Area
Circle Oil Plc, through its wholly owned subsidiary Circle Oil Tunisia Limited, has reached an agreement with Tethys Oil and Mining Inc to acquire the remaining 30% working interest in the offshore Mahdia exploration licence area in Tunisia. Under the terms of the agreement Circle Tunisia will, subj
Rowan Rig to Drill Relief Well at South Timbalier 220 (USA)
The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard, and Walter Oil & Gas Corporation (Walter), through the Unified Command, continue to oversee and coordinate response efforts to secure the South Timbalier 220 natural gas Well A-3. In a statement issued last night BSEE said
Swiber Clinches Offshore Contracts Worth $435 Million
Swiber Holdings Limited, a Singapore-based construction and support services provider to the offshore oil and gas industry, today announced that it has clinched sizeable contracts worth approximately US$435 million. Contract wins comprise of approximately US$330 million under the Swiber Group and ap
Otto Marine Enters AHTS Sale and Leaseback Deal (Singapore)
Singapore’s Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has entered into a sale and leaseback deal with, according to Otto, a “renowned third party” for 2 large Anchor Handli
Salamander Spuds Well in Block G4/50 (Thailand)
Salamander Energy plc announces the spud of a new well in its exploration campaign in Block G4/50, Gulf of Thailand. The G4/50-5 exploration well is targeting the Surin prospect, located in the north west of the block in the Western Central sub-basin. G4/50-5 is targeting oil in Miocene sandstones a
Tanzania: BG Makes Gas Discovery at Mkizi-1 Well
Ophir Energy plc announces the successful results of the Mkizi-1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%. The Mkizi-1 well was drilled by the Deepsea Metro I drillship and was located in 1,301m water depth,
Top News of the Week July 22- 27, 2013
Fire Breaks Out on Hercules 265 (USA) Fire on Hercules GoM Rig Not Yet Extinguished Hercules 265 Evacuated After Well Control Incident in U.S. GoM Aibel Signs LoI for FPSO Topside Contract Chevron Awards Contracts for Alder and Rosebank Projects (UK)
Petrobras Hires FMC Technologies for Subsea Works on Parque das Baleias, Brazil
FMC Technologies, Inc. announced today that it has been awarded a contract by Petrobras to supply three subsea boosting stations for the Parque das Baleias development, located offshore Brazil’s Espirito Santo state in the Campos Basin. The contract has an estimated value of $40 million. “The Horizo
Kinsale Energy to Conduct Survey in Celtic Sea, Ireland
The Department of Transport, Tourism and Sport has been advised that the Marine Institute on behalf of Kinsale Energy Limited will conduct a pipeline and Platform Superstructure survey in the Celtic Sea off the South Coast of Ireland between 22nd July and 30th August 2013. The survey is being conduc
Eni Sells East African Shares to CNPC
Eni and China National Petroleum Corporation (“CNPC”) have concluded Eni’s sale to CNPC of 28.57% of Eni East Africa’s shares, owner of a 70% interest in Area 4, located off the coast of Mozambique. The deal was closed on the basis of the price sanctioned by the agreement signed on 14 March 2013, eq