Fossil Energy
Audit on Songa Trym Encounters Irregularities (Norway)
From 27-29 May 2013, the Petroleum Safety Authority Norway (PSA) carried out an audit within the technical disciplines of emergency preparedness and working environment on Songa Trym. The objective of the audit was to verify that Songa had a functioning system in compliance with applicable regulatio
Det Norske to Use ‘Maersk Giant’ for North Sea Well
Det Norske has received consent to carry out exploration drilling of well 2/1-15 in production licence 542 in the Norwegian part of the North Sea using the Mærsk Giant jack-up drilling rig. Water depth at the site is approximately 70 metres. The planned start-up is 1 August 2013 with a duration of 6
Corac, BP Trinidad and Tobago Sign Master Services Agreement
Corac Group plc, a group of innovative UK based engineering companies, active in energy and environmental technologies, announces that its subsidiary Corac Energy Technologies (CET) has signed a Master Services Agreement with BP Trinidad and Tobago LLC (BPTT). This five year agreement provides pre-a
Bumi Armada Secures More Caspian Sea Work with Lukoil
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced today that has signed a supplementary agreement worth RM567.6 million (USD178.5 million) with Lukoil for an EPIC (engineering, procurement, installation and pre-commissioning) work in the Filanovsky and Kor
IPB Gets More Time to Find Suitable Rig for Pryderi Well (Australia)
IPB Petroleum Limited has announced that the Commonwealth-Western Australia Offshore Petroleum Joint Authority has granted the WA-424-P Joint Venture (IPB 75%, CalEnergy* 25%) a twelve month suspension and extension to the scheduled Permit Work Programme to allow sufficient time to drill the Pryderi
Explora Buys 10 Pct in Rocksource’s PL 559 (Norway)
Rocksource ASA announces that the Group has signed an agreement with Explora Petroleum AS in which Explora will acquire a 10 per cent interest in Production Licence 559 in the Norwegian Sea. Further, Explora has an option to acquire an additional 30 per cent interest prior to a potential future dril
ConocoPhillips Pressure Tests Proteus-1 Liner (Australia)
Karoon Gas Australia today announced that at 06:00 WST on the 5th of July preparations were being made to pressure test 7‐5/8” liner in the Proteus‐1 ST1 borehole . The well is is located in permit WA‐398‐P on a large tilted fault block approximately 14 kilometres south south east of the Poseidon‐1
Songa Offshore: High Operating Efficiency in June
Songa Offshore, an international offshore drilling company, announces its rig fleet update for June. Songa Trym achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Both Songa Dee and Songa Delta achieved an operating efficiency of 99% during the month
Stetson Extends Option to Buy Interest in West African Offshore Blocks
Stetson Oil & Gas Ltd. , a Forbes & Manhattan Energy Group Company, reports that it has elected to extend the term of the exclusive option agreement (the “Option Agreement”) entered into with a private company (“Privateco”) for the option to acquire an interest in two prospective exploration blocks
Subsea 7 Wins $1.6 Billion Worth of Contracts with Petrobras
Subsea 7 S.A. (Oslo Børs: SUBC) announced the award of three contracts from Petrobras with a combined value (at the time of contract signature) of approximately US$1.6 billion for the construction and operation of three new-build flexible pipe-lay support vessels (PLSVs). The work scope of each of t
Top News of The Week July 1 – 6, 2013
Top News of The Week July 1-6, 2013
Piper Alpha: 25th Anniversary of the World’s Worst Offshore Disaster (VIDEO)
Saturday, July 6, 2013 marked the 25th anniversary of the largest disaster in the history of offshore oil and gas industry. On Wednesday, July 6, 1988 the Piper Alpha platform in the UK part of the North Sea was struck by an explosion which set the facility on fire, killing 167 men on board. The [&h
Statoil Gets Nod to Use Visund Nord Subsea Pipelines
Statoil has received consent to use pipelines and subsea production facilities at Visund Nord. Visund Nord is in the northern part of the North Sea in production licence 120, where Statoil is the operator. Water depth at the site is approximately 380 metres. The planned start-up is August 2013. The
Eni Allowed to Drill In Barents Sea with Scarabeo 8 Rig
Eni Norge has received consent to carry out exploration drilling of well 7016/2-1 in production licence 529 in the Barents Sea using the Scarabeo 8 semi-submersible drilling rig. Water depth at the site is approximately 1368 metres. The planned start-up is July 2013 with a duration of 67 days, depen