Fossil Energy
Tap Oil: Bianchi-1 Well Holds 128m of Gas Pay (Australia)
The Apache-operated Bianchi-1 well, in the WA-49-R retention lease in the offshore Carnarvon Basin, Australia, today reached a final total depth of 5,380 metres and wire line logging operations started. According to Tap Oil, which owns a 10% share in the project, from 4,777 metres to the total depth
MAN to Provide Propulsion for GC Rieber’s Seismic Vessel (Norway)
MAN Diesel & Turbo recently signed a contract for the supply of 8L32/44CR B.2 engines as part of a complete propulsion package to power a seismic vessel ordered by GC Rieber Shipping of Norway. The contract contains an option for an extra vessel. Four of the engines, along with 2 × 2-speed Flender T
Wood Mackenzie: 95 New Deepwater Rigs to Be Built by 2022
Drilling activity and spend will significantly increase in global deepwater markets over the next decade according to new analysis by Wood Mackenzie. The Future of Global Deepwater Markets study indicates well spend is expected to grow from US$43 billion in 2012 to US$114 billion in 2022 challenging
BSEE Releases Hurricane Response Operations Video (USA)
As BSEE Safety Month draws to a close, the Bureau released a video highlighting the work of Hurricane Response Team members in monitoring potential impact and damage to oil and gas operations in the Gulf of Mexico. BSEE’s focus is protecting oil and gas industry personnel and the environment during
Barroso: Shah Deniz Pipeline Decision Bolsters Energy Security of EU
The European Commission welcomed today’s final selection of the pipeline delivering Azeri gas to Europe. The Consortium of the Shah Deniz II gas field, who holds the license for exploiting the 16 bcm/year gas reserves, has chosen the Trans-Adriatic Pipeline (TAP) to bring the gas from the Turkish bo
PSA Norway Investigates Nearly Fatal Incident on Skandi Arctic DSV
An investigation has been launched by the Petroleum Safety Authority Norway into a serious incident on diving support vessel Skandi Arctic on 22 June 2013. The incident occurred during a manned subsea operation (MUO) on the Alvheim field in the North Sea, operated by Marathon Oil Norge AS. Diving co
Cantor: New Offshore Energy Bills To Create Jobs in US
House Majority Leader Eric Cantor (R-VA) released the following statement after House passage of H.R. 1613, The Outer Continental Shelf Transboundary Hydrocarbon Agreements Authorization Act: “Energy costs are too high for working families struggling in this stagnant economy, yet this week, Presiden
Trans Adriatic Pipeline Selected for Shah Deniz Gas Transport
Baar, Switzerland. At a press conference held by the Shah Deniz Consortium (SDC) today in Baku, Azerbaijan, the SDC confirmed that the Trans Adriatic Pipeline has been selected to transport Shah Deniz II gas to Europe. Kjetil Tungland, Managing Director at TAP, said: “I am very pleased that the sele
Bredford Dolphin Rig Secures More Work
An AGR coordinated group of four oil companies has exercised the option for four additional wells with Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, for the use of the semi-submersible drilling rig Bredford Dolphin. The wells will be in direct continuation with the upcoming contract.
NASA, Deloitte Offer Risk-Management Services to O&G Companies
NASA Johnson Space Center and Deloitte have joined in a strategic partnership offering advanced risk-management services to oil and gas companies. The Space Act Agreement commencement ceremony took place Thursday, June 27. A core value of NASA is safety, which serves as a cornerstone of mission succ
Talisman Drills Duster in North Sea (Norway)
Talisman Energy AS, operator of production licence 299, is about to complete drilling of wildcat well 2/1-16 S. The well is dry. The well was drilled about 15 kilometres southwest of the Gyda field in the Norwegian part of the North Sea. The objective of the well was to prove petroleum in Upper Jura
India: D6 Block Gas Price to Double
Niko Resources Ltd., announces that press reports in India are indicating that the Cabinet Committee of Economic Affairs (“CCEA”) of the Government of India has approved a new pricing formula for domestic gas sales in India. The pricing formula is based on the average of the prices of imported LNG i
Statoil Finds ‘Only’ Gas at Nunatak Well in Barents Sea (Norway)
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made a small gas discovery in the Nunatak prospect in PL532 in the Barents Sea. Well 7220/5-2, drilled by the rig West Hercules, encountered gas in rocks of Cretaceous age. Based on the present evaluation the discovery is consider
Polarcus: Revised Day Rates for Nadia and Naila Vessels
Polarcus Limited, a UAE-based seismic acquisition specialist, has today entered into an addendum to the sale and lease-back financing arrangements dated 30 June 2008 for Polarcus Nadia and Polarcus Naila. The parties to the arrangement have agreed to amend the charter hire and call options under the