Fossil Energy
Bosch Rexroth Opens Marine and Offshore Technology and Service Center (USA)
Bosch Rexroth marked the opening of its new Marine and Offshore Technology and Service Center in Houston with a ribbon-cutting and facility tour for customers and local officials, including Houston Mayor Pro-Tem Ed Gonzalez. The new technology and service center provides engineering services, produc
Karoon in Quest for Rig, Partner for Exploration Offshore Peru
Karoon Gas Australia has announced that it has passed final regulatory hurdles to commence drilling in Block Z‐38 located in the offshore Tumbes Basin, 10 kilometresfrom the north west coast of Peru. Directorial Resolution N° 163‐2013‐MEM/AAE was passed on the 19 June 2013 and approved the Environme
Total Discovers Hydrocarbons at Norvarg Appraisal Well
Ithaca Energy Inc. announces that the appraisal well (7225/3-2) being drilled on the Norvarg discovery, located in PL535 in the Norwegian sector of the Barents Sea, has confirmed the presence of hydrocarbons in the Kobbe formation based on the results of wire line logs and formation tests and cores.
Awilco Drilling Secures $424Mln Contract for WilPhoenix Rig
Awilco Drilling PLC has signed a Letter of Intent (LOI) with Apache North Sea Limited and TAQA Bratani Limited for the provision of WilPhoenix for a 3 year firm term commitment plus up to a further 2 years of options. The contract value for the firm term is estimated to be approximately USD 424 mill
Top News of The Week June 17-22, 2013
top news of the week
Statoil Gets Approval for New Well in Norwegian Sea
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 6507/3-10, located in the Norwegian Sea. Well 6507/3-10 will be drilled from the Songa Trym semisubmersible drilling rig at position 65 55` 43.60″ north and 7 54´ 0.00″ east. The drilling program for well
South Stream: Offshore Section to Be Built in 2014
A meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Paolo Scaroni, Chief Executive Officer of Eni took place today as part of the St. Petersburg International Economic Forum 2013. The parties addressed joint projects in the energy sector, paying special attention to the
Eni, Rosneft Form Joint Venture to Operate Project on Russian Continental Shelf
Rosneft and Eni S.p.A., acting through their subsidiaries Rosneft JV Projects S.A. and Eni Energy Russia BV, signed Completion Deed for the Russian offshore projects (regarding Fedynsky, Central Barents blocks in the Barents Sea and Western Chernomorsky block in the Black Sea). The agreement was sig
Ulstein PSV Hired by Repsol, Det Norske
ULSTEIN’s yno 298, ‘Blue Guardian’, a platform supply vessel of the ULSTEIN PX121 design, has been contracted to support the jack-up rig Maersk Giant in its work on two subsea wells on the Norwegian continental shelf in the North Sea. The contracts with Det Norske Oljeselskap ASA and Repsol Explorat
Norway Puts on Sale Seismic Data in Barents Sea and Jan Mayen
In 2011 and 2012, the Norwegian Petroleum Directorate (NPD) acquired 2D seismic data in the southeastern Barents Sea and in Norwegian waters off Jan Mayen. The processed seismic data will be sold as a data package. The seismic data package will also include older, reprocessed 2D seismic data from th
EMGS: ‘Boa Thalassa’ Contract in Asia Extended
Norwegian electro magnetic survey specialist EMGS has today confirmed it has received a contract extension in Asia for its vessel ‘Boa Thalassa’. The value of the contract extension is at least USD 15 million, which brings the total contract value to a minimum of USD 50 million. It is expected that
Marco Polo Marine Buys MP Prevail AHTS
Singapore – Marco Polo Marine Ltd , a growing integrated marine logistic group, has via its 49.6%-owned subsidiary, PT Pelayaran Nasional Buana Bina Raya TBK (“PT BBR TbK”), acquired and taken delivery of a newly built 9,000 BHP Anchor Handling Tug Supply (AHTS) vessel from a third party shipbuilder
Statoil, Rosneft to Conduct Joint Exploration Offshore Russia
Statoil and Rosneft today signed agreements that complete the contractual framework of their Joint Venture to explore offshore frontier areas in the Sea of Okhotsk and in the Barents Sea. The companies have also concluded a Heads of Agreement to explore shale oil opportunities in the Samara region.
GE, Rosneft Pen Strategic Cooperation Deal in St Petersburg
On June 21, 2013 Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO. The Agreement will l