Fossil Energy
Dana Gas Successfully Bids for Egyptian Offshore Acreage
Dana Gas, the Middle East’s leading regional private sector natural gas company, has announced it was a successful bidder in the Egyptian Natural Gas Holding Company 2012 International Bid Round that took place on 18th April 2013. The Company was awarded 100% working interest in the North El Arish O
Seabird, GeoPartners to Start Joint Survey Off Namibian Coast
SeaBird Exploration Plc will in partnership with GeoPartners Ltd (“GeoPartners”), start a seismic survey project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. The survey will b
Eni Awarded Deepwater Block in Egypt
Italy’s oil and gas company Eni announced today it has been awarded a deepwater exploration block (Block 9) in the Eastern Mediterranean of Egypt within the EGAS 2012 International bid round in Cairo (Egypt). Through its fully owned affiliate, IEOC, Eni will act as Operator of Block 9 with 100% equi
Clough Curtain JV Wins PNG LNG Contract
Engineering and project services company Clough Limited (ASX:CLO) today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$76 million associated with the PNG LNG Project’s upstream contract. The PNG LNG Project is an integrated development that incl
Saipem Scoops $500 Mln in Offshore Contracts in Latin America
Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project, in the Gulf of Venezuela. The sc
Gazprom Neft Gets $1 Bln Loan (Russia)
Gazprom Neft signed a USD 1 billion term and revolving loan agreement with a group of banks. Funds available under the agreement are provided on an unsecured basis and shall be used for general corporate purposes of the company. The agreement comprises two loan facilities being an amortizing USD 700
NZOG Kicks Off Second Seismic Survey in Taranaki Basin (New Zealand)
Octanex N.L. has announced that a second 3D seismic survey has commenced in another of the Company’s offshore Taranaki Basin permits, PEP 52593 (Permit). The survey, named Karoro, is planned to acquire approximately 299km2 of new 3D data from within and adjacent to the Permit. The Karoro survey foll
HCL Shows Subsea Strapping Tool at OTC (USA)
Bath-based HCL Clamping Solutions, the pioneer of subsea polymer based composite clamping systems, is unveiling its high speed new tool for subsea clamping at OTC in Houston next month (6 to 9 May 2013). The pneumatic SM-FT-3000 Air Tool is capable of fitting a Smart® Band strap in four-seconds flat
Wood Group CEO to Address Safety Management at Piper 25, UK
Bob Keiller, chief executive of Wood Group, has been confirmed as the after-dinner speaker at a major three-day conference to commemorate the 25th anniversary of the Piper Alpha disaster. Sponsored by Chevron, the dinner will take place on Wednesday 19 June following the second day of the Piper 25 e
Fugro GEOS Recognised in RoSPA Safety Awards
Fugro GEOS has had its approach to occupational safety and health recognised with a Silver award in the RoSPA Occupational Health and Safety Awards, 2013. The scheme, run by the safety charity, the Royal Society for the Prevention of Accidents (RoSPA), dates back 57 years and is the largest and long
Octanex: Kokako 3D Seismic Survey Completed (New Zealand)
Octanex N.L. has announced that the Kokako 3D seismic survey, that is located within and adjacent to PEP 53473 (Permit) in the offshore Taranaki Basin, New Zealand, has been completed. The Company’s 50% interest in the Permit is held by its wholly-owned subsidiary, Octanex NZ Limited (Octanex NZ). N
BMT Completes Metocean Project at Total’s Martin Linge Field (Norway)
BMT ARGOSS (BMT), a subsidiary of BMT Group, has recently completed a comprehensive evaluation of meteorological and oceanographic environmental conditions for the Martin Linge field in the Norwegian sector of the northern North Sea. BMT’s assessment also included the installation routes of associat
POGC Signs Six Persian Gulf Exploration & Development Agreements (Iran)
Pars Oil and Gas Company (POGC) has signed six agreements with domestic companies and contractors. The first agreement was for drilling four wells in Phase 1 of the giant offshore South Pars gas field for 140 million dollars. It was signed with the National Iranian Drilling Company (NIDC). The drill
Statoil’s Lupin Well Comes Up Dry (Norway)
Statoil has informed its partners that drilling of the exploration well on the Lupin prospect in licence PL360 in the Norwegian sector of the North Sea is about to be completed. The well has not encountered hydrocarbons. Further operations in the area will focus on prospectivity in Upper and Middle