Fossil Energy
Cameroon: Gas, Condensate Discovery Confirmed at IM-5 Well
The Executive General Manager (EGM) of the National Hydrocarbons Corporation (SNH) in Cameroon, Adolphe Moudiki and the Executive Chairman of EurOil Limited (EurOil), Chief Tabetando, today announced, that a discovery of condensate and gas was confirmed, following the drilling of the IM-5 appraisal/
Noble Energy: Karish Discovery Could Hold 2 Tcf of Natural Gas
Noble Energy, Inc. announced today a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 feet and encountered 184 feet of net natural gas pay in high-quality lower Miocene sands. The Karish well, located in the Alon C license approx
VIDEO: Edda Ferd PSV Nominated for Nor-Shipping Next Generation Ship Award
Nor-Shipping announced today Edda Ferd Platform Supply Vessel is nominated for the 2013 Nor-Shipping Next Generation Ship Award. HRH Crown Prince Haakon of Norway will present the award when announced at the Opening Conference on June 4, 2013. The Next Generation Ship Award recognizes the yard, desi
Fabricom Offshore Services Moves to New Premises (UK)
Fast evolving Oil & Gas engineering company, Fabricom Offshore Services has announced its relocation from Aberdeen’s Riverside House to larger office facilities at Berry Street in the city centre. The move, which comes less than a year after the company established a base in Aberdeen, is the result
Economic Times: ONGC Hires Aban Ice Drillship
India’s drilling contractor Aban Offshore has secured a contract for its Aban Ice drillship, as reported by The Economic Times, an English-language Indian daily newspaper. According to the newspaper, the contract worth approximately $200 million comes from the India’s state-controlled oil company, O
Sterling Resources Looks Forward to First Gas Production from Breagh (UK)
Sterling Resources Ltd. an international oil and gas company with exploration and development assets in the United Kingdom, Romania, France and the Netherlands, announces interim operating and financial results for the quarter ended March 31, 2013. Unless otherwise noted all figures contained in thi
Tangiers Completes Australian Farm-Out Deal
Tangiers executes farm-out agreement on Australian exploration acreage. Deal gives Tangiers ongoing exposure to the exploration upside while enabling it to focus its resources on acquiring interests in African oil and gas assets
Salamander Submits Insurance Claim for North Kutei Drilling (Indonesia)
Salamander announces that an insurance claim is on-going relating to the North Kutei drilling campaign in Indonesia. The campaign has so far resulted in the South Kecapi oil and gas discovery and a suspended potential gas discovery at North Kendang-1. Operations on the Bedug-1 exploration well conti
Farstad Sells Lady Kari-Ann PSV
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, sold the PSV Lady Kari-Ann (1982, ME 202, 2,972 DWT). Delivery of the vessel to the new owner took place Tuesday 21 May 2013. Sale of the vessel will give a booked profit of approx. NOK 3.5 mill. i
KCA Deutag to Manage Perisai Drilling Ops in Malaysia
International drilling contractor, KCA Deutag, has announced it has signed a contract with Perisai Petroleum Teknologi Bhd of Malaysia for the provision of drilling operations, management and maintenance services on the Perisai Pacific 101 jack-up. The agreement also calls for KCA Deutag to train, c
Norway Approves Ivar Aasen Field Development
Det norske oljeselskap ASA today announced that it has received approval from the Norwegian Parliament (Storting) for the Ivar Aasen development in the North Sea. Total investments in the project are estimated at NOK 24.7 billion (approximately $4.3 billion) COO Øyvind Bratsberg commented: “ When th
Wood Group Acquires Intetech (UK)
Wood Group announces the acquisition of Intetech Limited (“Intetech”), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people, had revenue for the year to December
Oil & Gas UK Welcomes EU Offshore Safety Directive
Oil & Gas UK has welcomed the announcement that a plenary vote in the European Parliament will see the introduction of a directive on offshore safety and environment. Robert Paterson, Oil & Gas UK’s health, safety and employment director, said: “Oil & Gas UK has worked hard to campaign for this dire
Genscape Buys Vesseltracker.com
Genscape, the company that pioneered the placement of thousands of patented, in-the-field energy monitors to measure market fundamentals in real-time, today announced the acquisition of Vesseltracker.com GmbH. This acquisition significantly expands Genscape’s network of proprietary real-time energy