Fossil Energy
AWE: Second DST at Lengo-2 Well Successful (Indonesia)
AWE Limited reports that a second successful Drill Stem Test (DST) has been conducted at the Lengo-2 appraisal well, offshore Indonesia, achieving a maximum gas flow rate of 21.2 million standard cubic feet per day (mmscf/d). Two further cores have been cut in the Kujung I reservoir from 757m to 784
Afren Completes Nigerian Farm-Out Deal
Afren has completed a farm-out agreement with Lekoil (subject to Nigerian Ministerial Consent), in respect of a 17.14% participating interest in the OPL 310 licence located offshore Nigeria. Under the terms of the farm out, Afren will receive a total carry of up to US$50 million in respect of an exp
Technip Secures Norne Field EPCI Contract (Norway)
Technip, a France-based provider of oilfield services to the international oil and gas industry, has secured an engineering, procurement, construction and installation lump-sum contract by Statoil for the Norne field development, located in the Norwegian Sea at a water depth of approximately 380 met
Kosmos Assumes Operatorship of Irish Offshore Blocks
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced that Irish Government consent has been received for the transfer of interest and operatorship (`Transfer’) for its two Licen
SPE: Exciting but Challenging Times for Investors in UK Oil and Gas Industry
The Society of Petroleum Engineers London Section (SPE London) today revealed further details of its upcoming conference and exhibition ‘Managing oil and gas portfolios in uncertain markets’, which will explore the complex nature of the UK oil and gas industry and how owners, investors and operators
Ulstein Delivers ‘Blue Thunder’ PSV
Ulstein Verft delivered ‘Blue Thunder’, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN® to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group, the platform supply vessel (PSV) is commercially and techni
Cathelco Secures Work on Lamprell-Built Jack-Up Rigs (UAE)
Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jack-up rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering services for the offshore oil and gas industry. The anti-fouling equipment will be supplied for four
PSA Displeased with Ekofisk Helipad
The Petroleum Safety Authority Norway (PSA), with assistance from the Civil Aviation Authority, carried out an audit of Ekofisk 2/4-L facility on 4 – 5 April 2013. The objective of the audit was to verify that Ekofisk 2/4-L , located in the Norwegian sector of the North Sea, was built in accordance
Det Norske Puts Focus on North Sea. Gives Away Norvarg Stake
Norway’s Det norske oljeselskap ASA has come to an agreement with Total E&P Norge AS with regards to transfer of participating interests in three licenses. In the Barents Sea, Det norske assigns ten per cent of license 535, which contain the Norvarg discovery, to Total. After the transaction Det nor
Noreco Appoints New CEO (Norway)
The Board of Norwegian Energy Company ASA (Noreco) announced that Svein Arild Killingland has been appointed as Chief Executive Officer (CEO) of the company group. Svein Arild Killingland will take office on Monday 13 May 2013. Svein Arild Killingland (57) was until recently employed as Senior Partn
Statoil, Total Swap Barents Sea Assets
Statoil and Total have reached agreement on asset swap in the Barents Sea, offshore Norway. Statoil acquires 10% equity in PL535 in exchange for 10% equity in PL395. Production licenses PL395 and PL535 are situated on the Bjarmeland Platform in the central Barents Sea, where both companies have prov
Wood Group Wins Subsea Engineering Gig for Bonaparte FLNG (Australia)
Wood Group Kenny (WGK) has been awarded a multi-million dollar engineering contract for a major new project in Australia. GDF SUEZ Bonaparte Pty Ltd (GDF SUEZ), a subsidiary of French energy giant GDF SUEZ S.A., operator of Bonaparte LNG project has awarded WGK a contract for a (pre-FEED) subsea con
HRT Founder and CEO Steps Down (Brazil)
Brazilian oil company HRT Participações em Petróleo S.A. on Friday, May 20, announced that Marcio Rocha Mello’s resigned as Chief Executive Officer of the company. He will remain as a member of the Board of Directors of the Company. “I resign to the position of Chief Executive Officer of HRT, the Co
BG to Use Transocean Searcher for Knarr Ops (Norway)
BG Norge AS has received consent to carry out production drilling, completion and well testing on the Knarr field, with the Transocean Searcher rig. The planned start-up is in June 2013 and the operation has an expected duration of 60-80 days. Transocean Searcher is a semi-submersible rig of a Bingo