Fossil Energy
Ophir: Starfish-1 Well Disappoints (Ghana)
Ophir Energy has completed drilling of the Starfish-1 oil exploration well offshore Ghana. According to Tap Oil, an Australian company which owns a share in the well, during the period from July 2 to July 9, 2013, Starfish-1 was drilled to a final total depth of 4,380 metres. The Australian company
Prospector Offshore Extends Option for Rigs Construction in China
Prospector Offshore Drilling S.A. announced today the Company has reached an agreement with Dalian Shipbuilding Industry Offshore Co., Ltd. (“DSIC Offshore”) to extend the expiry dates on two of its rig construction option agreements that were previously due o expire on 30 June 2013. These rig const
Global Market for Oilfield Equipment to Reach USD 117 Billion in 2018
According to a new market report published by Transparency Market Research the global market for oilfield equipment was valued at USD 93.74 billion in 2012 and is expected to reach USD 117.37 billion in 2018, growing at a CAGR of 3.8% from 2012 to 2018. The demand for oilfield equipments is expected
Baker Hughes: International Offshore Rigs in June Up by 32
Baker Hughes Incorporated announced today that the international rig count for June 2013 was 1,333, up 50 from the 1,283 counted in May 2013, and up 48 from the 1,285 counted in June 2012. The international offshore rig count for June 2013 was 337, up 10 from the 327 counted in May 2013, and up [&he
Bowtech Delivers Chain Stopper Monitoring System for Quad 204 FPSO
Bowtech Products Ltd, a global market leader in subsea vision systems, today announced that it has delivered a £100,000 Chain Stopper Monitoring System to SBM Offshore, to monitor the chain stoppers during installation of the BP Quad 204 Turret Mooring System (TMS). The new system will allow visual
SapuraKencana Nets $180 Mln JDA Job
SapuraKencana, Malaysian provider of oilfield services, has announced that it has been awarded an EPCIC contract from Trans Thai-Malaysia Sdn Bhd (TTM) worth approximately $180.6 million. The engineering, procurement, construction, installation and commissioning contract is for the JDA Gas Balancing
ABB to Carry Out Upgrades on Heimdal Platform Offshore Norway
ABB, the Swiss power and automation technology group, has won an order from Statoil for the upgrade of safety and automation systems at the important Heimdal platform in the North Sea, off the coast of Norway. The agreement with Statoil was signed in the second quarter of 2013. ABB’s scope comprises
Fugro Provides Offshore Positioning Services for Chevron in Angola
Dutch company Fugro has won a three-year contract by Chevron’s subsidiary Cabinda Gulf Oil Company Ltd, to support its development program at Block 0, off the coast of Cabinda province, Angola. The contract covers the provision of offshore positioning assistance and accurate navigation systems for C
Statoil: West Hercules to Drill in PL608 (Norway)
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 7219/8-2. The 7219/8-2 wellbore will be drilled from the West Hercules rig. The drilling program for wellbore 7219/8-2 relates to drilling of a wildcat well in production licence 608. Statoil Petroleu
CLOV FPSO Leaves South Korea. Sails to Angola
South Korea’s Daewoo Shipbuilding Marine and Engineering, on June 25th, held a sail away ceremony for the giant CLOV FPSO Vessel. Around 70 guests attended the event, including Mr. Jean-michel Lavergne the managing director of Total E&P Angola. DSME achieved 14 million safe working hours on the CLOV
DONG to Use Maersk Resolve in Danish North Sea Drilling Ops
Maersk Drilling has been awarded a contract from DONG Energy for the jack-up Maersk Resolve for drilling operations in the Danish North Sea. The contract is expected to commence in August 2013 in direct continuation of its current contract in the UK. The duration of the new contract with DONG Energy
Wire Line Logs Confirm Gas Discovery at Apache’s Bianchi-1 Well (Australia)
Wire Line logs taken from the Apache-operated Bianchi-1 appraisal well, in the WA-49-R retention lease in the offshore Carnarvon Basin, Australia, have confirmed a gas discovery at the prospect. Tap Oil, which owns a 10% share in the project today announced: “During the period from 0600 hours (AWST)
Women Could Help Resolve the Shortage of Skills Problem (UK)
Shortage of skills is the biggest challenge facing the energy industry and a Norwich conference heard that recruiting more women could help resolve the problem. The need to develop more expertise to cope with growing demand for engineers in the East of England was a constant theme throughout the Peo
SeaBird Exploration Secures Seismic Work for Two Vessels
SeaBird Exploration Plc announces that Aquila Explorer has received a letter of award from a company in the Asia Pacific region. The contract has an estimated duration of 30 days with a value of approximately USD 3 million. She is currently working for a national oil company in the region on a 30 da