Fossil Energy
VIDEO: ABB Appointed MEC for New FPSO at Ichthys Field (Australia)
ABB, the leading power and automation technology group, has been appointed the main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil and gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded
Exxon Mobil Acquires 80 Pct Interest in LB-13 (Liberia)
Exxon Mobil Corporation announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80 percent interest in Liberia Block 13 (LB-13), comprising more than 625,000 acres (2,500 square kilometers) offshore Liberia in water depths ranging from 250 to 10,000
Wartsila Designs Four PSVs for Malaysia’s Bumi Armada
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad, a Malaysian-based international offs
Karoon Spuds Bilby-1 Well Offshore Brazil
Australia’s oil and gas exploration company Karoon has started the drilling of its third Santos Basin exploration well in Brazil, with the spudding of the Bilby‐1 exploration well at 05:03 hours Brazilian Summer Time on 7 April 2013. Bilby‐1 is located within Block S‐M‐1166 and S‐M‐1037, and has mul
Total Confirms Prospector 1 Drilling Contract Despite Delay
Prospector Offshore Drilling S.A., a high specification jack-up drilling contractor announced today that Total E&P UK Limited has acknowledged, by letter, that the PROSPECTOR 1 rig’s shipyard delivery date will be put off and has formally said that they will not terminate the charter contract which
Ithaca Energy Contracts ADTI for GSA Drilling (UK)
Ithaca Energy Inc. announces that it has contracted the services of Applied Drilling Technology International (“ADTI”), to manage development drilling and completion operations on the Greater Stella Area (“GSA”) under “turnkey” contract arrangements. ADTI is a subsidiary of Transocean, the world’s l
BW Offshore: Double FPSO Contract Extension
BW Offshore, a provider of floating production services to the oil and gas industry, has agreed contract extensions for two of its Floating Production Storage and Offloading units. The company has secured a nine-month extension for FPSO Abo with Nigerian Agip Exploration Ltd and a three-month extens
Dry Barents Sea Well for Repsol (Norway)
Gas shows were recorded in the Paleocene interval although no hydrocarbons were found in the Cretaceous and accordingly the well has been declared dry.
Ocean Installer Names New President for US Office
Ocean Installer appoints Michael Newbury as President for its US office, located in Houston, Texas. The Ocean Installer Houston office has been established to cater for projects run out of the US. “In line with our vision of becoming a key service provider in the global subsea market, opening an US
Tap Oil: Stena DrillMax Drillship Hired for Starfish Prospect (Ghana)
Australian Tap Oil Limited has announced the award by the Accra Joint Venture of the Drilling Rig Services contract for the drilling of the Starfish prospect to Stena Drilling. The Starfish-1 well will be drilled by the Stena DrillMAX, Dual Derrick Drillship which has recently drilled eight efficien
Lundin Makes ‘Potentially Significant’ Oil Discovery (Norway)
Lundin Petroleum AB has announced that the drilling of exploration well 16/4-6S on the Luno II prospect in the Norwegian part of the North Sea has resulted in a potentially significant oil discovery. The well is located in PL359 in the central North Sea sector of the Norwegian Continental Shelf (NCS
Technip Clinches Major Subsea Installation Job from Total E&P Congo
French oilfied services provider Technip today informed it has been awarded by Total E&P Congo a “major” lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project. The exact value of the contract was not
Top News of the Week April 1 – 6, 2013
Oil Firms Welcome UK’s Decision on Easier Foreign Workers Employment Oil and gas companies facing a chronic skills shortage have received a boost with news that the UK Government is to relax the rules on employing engineers from outwith Europe. Newfield Reports Largest Gas Discovery in Company’s H
Adira Asks for Samuel License Spud Date Delay (Israel)
Israeli oil and gas company Adira Energy Ltd. on Friday informed that it had, on March 27, 2013, applied to the Ministry of Energy and Water of the State of Israel for an extension of the dates for the execution of a drilling contract and for the spud of the first well on the Samuel license, offshor