Fossil Energy
Saipem Rig Sinks Offshore Angola. One Person Missing
Chevron, a US-based oil and gas exploration and production company, announced today that an incident occurred on board an offshore drilling rig in Angola on July 1, 2013 at approximately 8:30 pm. In an e-mail sent to Offshore Energy Today, the oil company said it had been informed by its Angolan sub
KMG Buys ConocoPhillips’ Kashagan Interest for $5 Billion (Kazakhstan)
ConocoPhillips today confirmed receiving official notification that the Kazakhstan Ministry of Oil and Gas is exercising its right under the Subsoil Law of Kazakhstan to pre-empt ConocoPhillips’ proposed sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan
Kongsberg Supplies Equipment for Offshore Drilling Units Built in Asia
CIMC Yantai Raffles in China and STX Offshore & Shipbuilding in Korea have selected extensive Dynamic Positioning (DP), Automation, new generation Safety System, Integrated Navigation, Hydroacoustic positioning and latest riser management solutions from KONGSBERG. The contracts are for two new Frigs
PGS Begins MultiClient 3D Survey Offshore Australia
Norwegian seismic survey specialist Petroleum Geo-Services (PGS) has recently kicked off acquisition of a new GeoStreamer® MultiClient 3D marine seismic survey (Caswell MC3D), in the highly prospective Browse Basin offshore Western Australia. The Caswell MC3D approval area has an extent of circa 15,
OGX Cancels FPSOs, Platforms Orders. Shares Drop to Record Low
OGX, Brazilian oil and gas exploration company, today saw its shares drop to a record low, after issuing a press release in which it said it would not proceed with the development of its Tubarão Tigre, Tubarão Gato and Tubarão Areia fields. The company also cancelled orders for Floating Production S
Xodus Buys Dubai-Based Prime Energy
International energy consultancy Xodus Group has acquired the business of Dubai based Prime Energy as part of a major expansion drive in the Eastern Hemisphere. This is the first acquisition Xodus has made in the Middle East following the launch of its Dubai operations in 2012. Colin Manson, CEO of
New Managing Director for TAQA UK Oil and Gas Business
TAQA, the global energy company based in Abu Dhabi, yesterday announced that Pete Jones has formally joined TAQA to succeed Leo Koot as managing director of TAQA’s UK oil and gas business. Jones joins TAQA from Marathon Oil Corp. where he held the position of Regional Vice president – Wyoming. Durin
OMV Expands Its License Portfolio in Norway
OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them. The licenses were awarded by the Norwegian Ministry of Petroleum and Energy out of the 22nd Exploration license round. The signing with the Ministry took place on Friday, June 28. These a
CNOOC: Production Starts from Wenchang 8-3E Oil Field (China)
China’s CNOOC Limited announced today that Wenchang 8-3E oil field has recently commenced production. Wenchang 8-3E oil field is located in the western Pearl River Mouth Basin with an average water depth of about 110-120 meters. The project has 4 producing wells and is expected to reach its peak pro
More Offshore Facilities Needed for Breagh Phase 2 (UK)
Sterling Resources Ltd., announces a revised plan for sanctioning Phase 2 of the Breagh development and an update on Breagh operations. Previously, operator RWE Dea and Sterling (collectively the “Partnership”) were planning to submit the Phase 2 field development plan (“FDP”) addendum by June 30, 2
VIDEO: Launching Ceremony for Seven Waves Pipe Layer
Dutch company IHC Merwede has released a video of a ship launching ceremony held at its shipyard in Krimpen aan den IJsell, The Netherlands. The vessel, named SEVEN WAVES, is owned by Subsea 7. The naming ceremony for the 550t pipelaying vessel, was carried out by Lucia Andrade, the ship’s God Mothe
Enegi, ABT Earn 50% Interest in Fyne Development
Enegi, the independent oil and gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan has announced, that along with its Joint Venture (“JV”) partner ABTechnology (“ABT”), it has signed Heads of Agreement (“HOA”) with Antrim Resources (N.I) Limit
Kenz Cranes Delivers Boom Hoist Cranes for Clair Ridge Project
Kenz Cranes, a Dutch company specializing in offshore lifting and hoisting solutions, last month delivered a set of three identical boom hoist cranes for Clair Ridge project offshore UK. The cranes, with a hoisting capacity of 55 tonnes each, will be installed on BP’s new Clair Ridge Platforms. Kenz
Statoil to Drill Another Well in Johan Sverdrup, Norway
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-18 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-18 S will be drilled from the Ocean Vanguard rig at position 58°49’56.6” north and 2°27’51.2” east on the Johan Sverdrup discover