Fossil Energy
Ben van Beurden to Succeed Peter Voser as Shell CEO
The Board of Royal Dutch Shell plc today announced that Ben van Beurden will succeed Peter Voser as Chief Executive Officer, effective 1 January 2014. Peter Voser will leave Shell at the end of March 2014, marking the end of 29 years with the Company. Van Beurden, 55, has been Downstream Director si
Wood Group Annual Revenue More Than $550 Mln for GoM Region
Wood Group’s business in the Gulf of Mexico is robust, with annualized revenue in the region totaling more than $550 million. Activity is being driven by three of Wood Group’s business units – Wood Group Mustang, Wood Group Kenny and Wood Group PSN – with more than 3,500 personnel providing engineer
Eco Atlantic Postpones Namibian Offshore Drilling Plans
Eco Atlantic has announced that the Government of Namibia Ministry of Mines and Energy has approved the request for a one year extension of the Initial Exploration Period on the Company’s Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses located offshore Namibia, in the prospective Walvis Basi
Cairn Becomes Operator of Two Irish Offshore Blocks. Hires ‘Blackford Dolphin’ Rig
The Minister of State at the Department of Communications, Energy and Natural Resources (DCENR) has approved Cairn’s farm-in as Operator with a 38% working interest (WI) in two exploration licences (FEL 2/04 and FEL 4/08) and one licensing option covering 2,753 km2 in the Porcupine Basin offshore We
Strainstall to Supply IMMS System for Moho Nord Platform
Strainstall Marine UK announces the award of a contract for the supply of an Integrated Marine Monitoring System (IMMS), from Hyundai Heavy Industries (HHI) of Korea. The IMMS is for the Moho Nord Tension Leg Platform (TLP), of which HHI is the constructor and Total Oil the principal operator. The M
Dockwise Wins Heavy Marine Transport Deals Worth $175 Mln
Royal Boskalis Westminster N.V. (Boskalis) announces that Dockwise has recently been awarded numerous new contracts for heavy marine transport as well as transport and installation (T&I) services. The contracts were awarded since mid-June and carry a combined total value of approximately USD 175 mil
ADIB Boost Gulf Marine Services with $360 Mln Loan (UAE)
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has closed a AED 1.32 billion ($360 million) Syndicated Islamic Facility for Abu Dhabi-based Gulf Marine Services (GMS), the largest provider of self-propelled self-elevating jackup barges in the world. ADIB acted as t
BOEM Awards Saratoga with 4 GoM Blocks
Saratoga Resources, Inc. (NYSE MKT: SARA; the “Company” or “Saratoga”) today announced that it has been awarded four leases in the shallow waters of the Central Gulf of Mexico by the U.S. Bureau of Ocean Energy Management. The four lease blocks cover a total of 19,814 acres on a net and gross basis,
Eni, Rosneft Start Seismic Sweep in Barents Sea (Russia)
Eni and Rosneft started seismic operations in the Fedynsky and Central Barents license areas, in the ice-free part of the Russian offshore Barents Sea. The 2D seismic survey is planned for 9950 km over the two license areas. The seismic survey, preceded by environmental and fishery studies, is under
Norway: Lundin Gets Clearance to Drill North Sea Well
Lundin Norway AS has received consent to carry out exploration drilling of well 16/4-7 in production licence 544 in the central part of the North Sea using the Bredford Dolphin semi-submersible drilling rig. The planned start-up is July 2013 with a duration of 21 days, depending on whether a discove
Jacka Resources: High Gas Readings at Offshore Well in Tunisia
Jacka Resources Limited has provided the following operational update on the Hammamet West-3 (“HW-3”) well in the Bargou Block, offshore Tunisia. The well is located approximately 15 km offshore and 1.6 km east of Hammamet West-2 in 54m water depth. Cooper Energy Limited is the Operator of the Joint
China: CSIC to Build Jack-Ups Worth Up to $872 Mln
China Shipbuilding Industry Corporation today announced it has secured a contract to construct two jack-up rigs for Singapore’s FTS Derricks Pte Ltd. The company said that the contract was awarded last week to its subsidiary Shanhaiguan Shipbuilding Industry. Under the agreement, the two rigs will c
‘Neptune’ Jack-Up Rig Christened in Astrakhan (Russia)
On 3 July 2013 a christening ceremony for the jack-up drilling rig Neptune took place at the Astrakhan Shipbuilding Production Association yard (enters Caspian Energy Group). The installation of the jack-up drilling rig Neptune was made at the Astrakhan Shipbuilding Production Association yard, and
LUX Assure Names New CEO (UK)
LUX Assure has appointed Charles Cruickshank as its new CEO. The Edinburgh-based oil and gas chemical monitoring firm has also invested in new premises in Aberdeen’s Bridge of Don area, a strategic move to target growing opportunities in the Aberdeen market. Cruickshank boasts 27 years’ experience i