Fossil Energy
Panoro Sells Share in OML 113 Licence Offshore Nigeria
Panoro Energy ASA’s has agreed in principle the terms of sale with an undisclosed buyer for its 6.502 % participating interest in the OML 113 license offshore Nigeria, which includes the Aje field, for a total consideration of USD 30 million saction to be paid in cash upon closing. Execution of the
RWE Dea Farms Into Petronas’ Suriname Offshore Block
RWE Dea has signed a farm-in agreement with PETRONAS Suriname E&P BV , acquiring a 40% interest in the licence Block 52 off the coast of Suriname. In doing so, RWE Dea will secure entry into the South American country with proven hydrocarbon potential. Under the farm-in agreement which is subject to
PetroSA, Sasol to Search for Oil Together (South Africa)
South Africa’s National Oil Company, PetroSA, has signed a Technical Cooperation Permit (TCP) agreement with Sasol to explore a block in the country’s offshore area. The TCP represents the first such cooperation in exploration between the two companies in 10 years. It allows the two companies to exp
One Exploration Licence for Lundin Norway
Lundin Petroleum AB has announced today it has been awarded one exploration licence in the 22nd licensing round. The awarded licence, PL708, is located in the south eastern Barents Sea. Lundin Norway will be the operator with a licence interest of 40 percent. Partners are Edison, North Energy and Lu
Det Norske Wins Four Licences in 22nd Licensing Round (Norway)
In the 22nd licensing round on the Norwegian shelf, Det norske has been awarded four new licences in the Barents Sea, whereof two as operator. Det norske said it was very pleased with the award. SVP Exploration Bjørn Martinsen says that the ministry places great trust in Det norske by awarding the c
Seaway Heavy Lifting to Transport Gullfaks Wet Gas Compression Unit
Seaway Heavy Lifting wins contract for transport and installation of Statoil’s Gullfaks Wet Gas Compression unit. Seaway Heavy Lifting has been awarded a heavy lift contract from Subsea 7. This contract is part of Subsea 7’s main contract with Statoil for the Gullfaks Subsea Compression Project in N
Irish Supply Chain Could Benefit Greatly from Offshore Oil and Gas Industry
Pat Rabbitte TD, Minister for Communication, Energy and Natural Resources in Ireland, today (Wednesday 12 June 2013) told over 70 companies and 100 participants how they can be supported in accessing major business opportunities linked to current offshore oil and gas exploration activity. He was spe
South Stream Transport BoD Discusses Pipe Supply Tender Issues
Alexey Miller, Chairman of the Gazprom Management Committee took part in Amsterdam (Netherlands) in a meeting of the South Stream Transport Board of Directors yesterday. The Board Members addressed various issues regarding the progress with the offshore section of the South Stream gas pipeline. The
Nido Calls for Trading Halt Ahead of West Linapacan Announcement
Nido Petroleum Limited, the Australia Stock Exchange-listed oil and gas exploration company has requested an immediate trading halt over the Company’s shares (ASX Code: NDO). The company explained that the trading halt was necessary to enable Nido to make an announcement in response to “media specul
Oil & Gas UK Welcomes EU Council’s Vote to Approve Safety Directive
Oil & Gas UK has welcomed the EU Council of Ministers’ vote today to approve the EU Directive on offshore safety. Robert Paterson, Oil & Gas UK’s health, safety and employment director, said: “Throughout the progress of this legislation, from Regulation to Directive, Oil & Gas UK has worked hard to
Iran, India to Jointly Develop Farzad B Offshore Field
Iran and India have held constructive talks on India’s partnership in the development of Farzad B gas field in the Persian Gulf, Iran’s Oil Minister Rostam Qasemi said, Press TV reported. Qasemi pointed to fruitful talks between Iranian and Indian officials during his three-day visit to New Delhi an
Centrica Seeks New BoD Chairman (UK)
Following the announcement by BAE Systems plc that Sir Roger Carr is to become their next chairman, Centrica plc is starting a search for a new Chairman of its Board. The search will be led by the Senior Independent Director, Mary Francis CBE. After 10 very successful years as Centrica’s Chairman, S
Anadarko Hires CGG for Seismic Sweep Off Colombia
CGG, a France-based seismic acquisition specialist, announced today that it has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation and partner Ecopetrol to acquire and process a 5,500-km2 3D BroadSeisTM seismic survey on the Caribbean coast offshore Colombia. This is the large
Focal Marine & Offshore Bags FOCAL 680 AHTS Design Order
Focal Marine & Offshore, a Singapore / Shanghai based OSV designer, has got a significant order for their 65m AHTS (FOCAL 680) design, with quantity up to 8 ships which are to be built in Yuexin Ocean Engineering, for PT Wintermar and Martens Marine. Delivery of the vessels are scheduled from late 2