Fossil Energy
Bumi Armada Appoints New Chairman (Malaysia)
Malaysia’s largest owner of FPSOs and offshore support vessels, Bumi Armada announces that Tunku Ali Redhauddin ibni Tuanku Muhriz, an Independent Non-Executive Director will assume the office of Chairman of the Board of Directors of the Company following the request of Dato’ Sri Mahamad Fathil bin
Teekay to Acquire 50 Pct in Cidade de Itajai FPSO (Brazil)
Teekay Offshore Partners yesterday announced that the Board of Directors of its general partner, Teekay Offshore GP LLC, has approved an increase to the Partnership’s first quarter of 2013 cash distribution to be paid on May 14, 2013, to all unitholders of record on April 30, 2013. Teekay Offshore w
Agility Wins Valemon Topsides Hook Up and Commissioning Job (Norway)
South Korea’s Samsung Heavy Industries has awarded a contract to Norway’s Agility Group for provision of various services related to hook up and commissioning of Statoil’s Valemon plaform in the North Sea. “The contract is very pleasing and strategically important for us. We have long focused on bui
CNPC, BP Discuss Chinese and Iraqi Projects
On April 17, CNPC Chairman Zhou Jiping met with BP’s Group Chief Executive Bob Dudley in Beijing. They had an in-depth discussion on cooperation concerning the upstream and downstream business in China, the Rumaila project in Iraq, and other matters. Zhou expressed that CNPC will keep promoting mutu
Nexans Enters Malaysia Offshore Sector with Umbilicals Contract Award
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development. The 22 km Nexans umbilical will be ins
Wilson Sons Shipyards Capacity Doubles (Brazil)
The Wilson Sons Group inaugurated the second Wilson Sons Shipyards unit in Guarujá (SP) on Thursday, April 18th. As a result of a US$ 60 million investment, the shipyard,, which builds tugboats and offshore support vessels, is expected to double its capacity. The shipyard, which has been named Guaru
Dutch Piet Brouwer Installs Electrical Systems on Four Heavy Lift Newbuilds
Piet Brouwer Electrotechnology in the Netherlands has received the order to supply and install the electrical installations on four newly built multipurpose heavy lift vessels. The Groningen yard Shipkits, part of the Centraal Steel group, is building the vessels for the Daniel Hartman shipping comp
Cobalt: Cameia drill stem test disappoints (Angola)
Cobalt International Energy, Inc. today announced that its drill stem test of the lowest interval drilled in the Cameia #2 well in Block 21, offshore Angola, did not produce measurable hydrocarbons. The Cameia #2 drill stem test did however confirm the existence of a lower interval potentially capab
Dozen Oil Firms Qualify as Potential Operators in Lebanon’s 1st Licensing Round
Lebanon yesterday announced results of the pre-qualification phase for the 1st License Round which will be held on April 30, 2013. Out of 52 companies, from 25 different countries all around the world, which sent their applications, 46 have qualified. The ministry has also announced that out of 16 c
BMT Appoints Two New Directors (The Netherlands)
To facilitate further growth and to support the Managing Director, BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, announced today the appointment of two new Directors. Both Directors will help to drive business improvements and further enhance the effective management of the company. Shane Amaratu
Bowleven Successfully Tests IM-5 Off Cameroon
Bowleven, the Africa focused oil and gas exploration group traded on AIM, announced the results of the second test at the IM – 5 appraisal/development well drilling offshore Cameroon. A drill stem test (DST) has now been performed on the Intra Isongo reservoir interval and this following the Middle
Karoon Informs on Bilby-1 Drilling Progress (Brazil)
Karoon Gas Australia Ltd, advises that as at 06:00 hours BRST on the 19th April 2013, the Bilby-1 exploration well, located in Santos Basin, offshore Brazil, was drilling ahead in 17 ‘A ” hole at 1626mRT. Bilby‐1 is located within Block S‐M‐1166 and S‐M‐1037, and has multiple targets at several geol
Petroceltic Grabs Two New Egyptian Blocks
Petroceltic International plc has announced that, in a joint venture with Edison International Spa, it was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Company 2012 International Bid Round. North Thekah (Block 7) is located offshore the Nile
Statoil Makes Significant Gullfaks Find (Norway)
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence, offshore Norway. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Br