Fossil Energy
Statoil: More Oil Found at Volve Field (Norway)
Norwegian oil and gas company Statoil has today announced that the recently completed drilling on Volve field has proven additional volumes in the north-western section of the field, which are estimated to comprise between 8.8–9.4 million barrels of oil. This discovery signifies a doubling of the fi
SOCAR Orders $800Mln Semi-Submersible Rig from Keppel
Keppel Offshore & Marine Ltd (Keppel O&M) has, through its subsidiaries Caspian Rigbuilders BV and Caspian Shipyard Company (CSC), secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semi-submersible drilling rig, whi
Statoil, Partners Acquire Two Cat-J Rigs (Norway)
The licence partners of Gullfaks and Oseberg Area Unit have acquired two new category J jack-up rigs. The rigs will be owned by the licenses and will contribute to increased recovery and extended field life. Samsung Heavy Industries Co. Ltd. and Operator KCA Deutag Drilling Norway AS have been award
Otto Spuds Galoc Well (Philippines)
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore, the Philippines, has announced that on 4 June 2013, the Ocean Patriot semi-submersible drilling rig kicked off drilling operations at the Galoc-5H and 6H development wells. Drilling is expected to take approxima
OMV Hires DOF Vessels for Operations in New Zealand
DOF has signed two contracts with OMV New Zealand Limited. Skandi Emerald and Skandi Pacific will be utilized for these contracts to support their Kan Tan IV drilling programme in New Zealand. The contracts have a duration of 160 days plus options, beginning July/August 2013. The vessels, Skandi Pac
MLI, Teekay Petrojarl Cooperate in FPSO Projects
NLI and Teekay Petrojarl Production have signed a frame agreement where NLI will provide engineering and MC & commissioning to Teekay Petrojarl’s FPSO projects. “This is an agreement where both parties will benefit from working more closely together. By choosing NLI, Teekay Petrojarl has a supplier
Nor-Shipping 2013 Officially Open (Norway)
Oslo Mayor Fabian Stang officially opened Nor-Shipping 2013 and Ocean Talent Camp, welcoming top maritime executives converging on Oslo this week. “This week Oslo will be the maritime capital of the world,” said Sturla Henriksen, Director General of the Norwegian Shipowners’ Association, as he expre
Scana Receives Gulf of Mexico Contract
Scana Industrier ASA has, through its subsidiary Scana Offshore Services in Houston, Texas, entered into an agreement with a non-disclosed customer for a delivery of Motion Compensating Coiled Tubing Lift Frame assemblies for use in the Gulf of Mexico. The contract value is approx. 8 MUSD and delive
Inpex Orders Offtake Tankers for Ichthys Offshore Project in Australia
Japan’s INPEX has announced two shipbuilding and shipping contracts for two new vessels which will offtake and deliver LNG from the Ichthys LNG Project offshore Western Australia to Japan and Taiwan. Through its wholly owned subsidiary INPEX Shipping Co., Ltd . (‘INPEX Shipping’), one LNG vessel wil
Winchester-1 Exploration Well Reaches 3274m (Australia)
Santos Offshore Pty Ltd, the Operator of the Winchester-1 exploration well being drilled in the Dampier Sub-basin permit WA-323-P, offshore W. Australia, has announced that at 06:00 (WST) on Tuesday, 4 June 2013, the well was at a depth of 3274m MDRT (measured depth below rotary table) and drilling
Ireland: Natural Resources Minister Approves Major Seismic Survey
Ireland’s Minister O’Dowd approves seismic survey to reveal oil and gas exploration potential of Atlantic margin
Exxon Mobil Buys Interest in Faroe Islands Licence
P/F Atlantic Petroleum announces that Exxon Mobil Exploration and Production Faroe Islands Limited has acquired a 6% interest in Licence L016 from Atlantic Petroleum. The revised ownership interests in the Licence are Statoil Færøyene AS (the operator of the Licence) 40%, DONG Energy Føroyar P/F 30%
Tap Oil Farms Out Offshore Australia Acreage to JX Nippon
Tap Oil Limited announced that its wholly owned subsidiary Tap (Shelfal) Pty Ltd has entered into an agreement with JX Nippon Oil and Gas Exploration (Australia) Pty Ltd to farm-out a portion of its interests in Exploration Permits WA-320-P and WA-155-P (Part II). The Palmerston gas prospect straddl
Lundin Petroleum: Johan Sverdrup Appraisal Well Hits Oil Column
Lundin Petroleum has announced that the Johan Sverdrup appraisal well 16/2-21 located in PL501 is successfully completed. Well 16/2-21 appraised the Johan Sverdrup discovery 3.8 km north of well 16/5-2S and 2.5 km west of well 16/2-7 and found a net oil column of 12 metres in a gross Jurassic reserv