Fossil Energy
RWE Dea Farms Into Handcross Prospect (UK)
Valiant Petroleum has signed a farm-out agreement with RWE Dea UK SNS Limited (“RWE Dea”) with regard to its Handcross prospect located in the UK West of Shetland Licences P1631 Block 204/18b and P1832 Blocks 204/14c and 204/19c (“Handcross”). Under the terms of the agreement, RWE Dea will acquire a
Bond Offshore Helicopters, Premier Oil Ink New Contract
Bond Offshore Helicopters Ltd (Bond), one of the UK’s leading providers of energy support services, has been awarded a new contract with Premier Oil plc. The contract is to provide crew change flights for the independent exploration and production company. Services started on the 4th of March and th
Belov Engenharia: Saab Seaeye’s ROV for Brazilian Operations
Belov Engenharia has ordered a second Saab Seaeye Lynx ROV for its operations in Brazil’s vast oil fields. General Manager, André Weber Carneiro explains why he favours the Lynx. “It’s powerful for its type, with a good depth rating that enables us to perform a wide span of services.” He says that t
BP, Partners to Develop 3rd Phase of Giant Clair Field (UK)
BP and its co-venturers Shell, ConocoPhillips and Chevron announced today their decision to proceed with a two-year appraisal programme to look at the possibility of developing a third phase of the giant Clair field, originally discovered in 1977, west of the Shetland Islands. The initial commitment
Niko Resources Selling Non-Core Assets for $157 Mln
Niko Resources Ltd has announced that the company is in advanced negotiations with two separate third parties for the sales of certain non-core assets for combined sales proceeds of $157 million. The Company is working towards signing of definitive sale and purchase agreements by April 30, 2013. Fur
Mermaid Secures Drilling Contract for MTR-2 in Indonesia
Mermaid Maritime Public Company Limited announces that its subsidiary MTR-2 Ltd. has secured a contract award with an international upstream oil and gas company to provide drilling and related services using the tender drilling rig ‘MTR-2’ for the Client’s offshore oil and gas fields in Indonesia. T
GSP Jupiter Rig Arrives in Tunisia. Starts Pre-Spud Activities
Australian listed African oil and gas explorer Jacka Resources Limited has announced that the “GSP Jupiter” jack-up drilling rig arrived at the Hammamet West-3 well location, off Tunisia, yesterday and has commenced routine pre-spud activities. The operator for the Bargou Joint Venture, Cooper Energ
New Board Member at Halliburton, USA
Halliburton announced today that José C. Grubisich has been named to the company’s board of directors. He will serve on the Audit and the Health, Safety and Environment committees. The appointment was effective March 20, and Grubisich will stand for election at the annual meeting in May with all of
UTEC Names New Measurement Technology VP (USA)
Leading independent offshore survey company UTEC has announced the appointment of a new Vice President of Measurement Technology at its Houston HQ. Mark Klusza – who holds a Bachelor in Design in Architecture from the University of Florida – brings to the role more than 20 years of experience in the
Pacific Rubiales Acquires Stake in Karoon’s Block in Brazil
Pacific Rubiales Energy Corp. exercised its option to acquire a 35% interest in Block S-M-1166 held by Karoon Gas Australia Ltd. through the funding and participation in the Bilby-1 exploration well, offshore Santos basin, Brazil. This will be the third exploration well the Company has participated
Drilling Begins at West Acis-2 Well Offshore Malaysia
ROC advises that BC Petroleum Sdn Bhd (“BCP”), the company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, commenced drilling the West Acis-2 well at 0230 hours (Malaysian time) on 28 March 2013. West Acis-2 is the fourth well in the pre-development ph
Keppel to Build $820 Mln Worth of Jack-Up Rigs for Mexican Client
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured contracts from Mexican drilling company, Grupo R, to build four jackup rigs worth US$820 million. The jackup rigs will be built to Keppel’s proprietary KFELS B Class design and are scheduled for delivery
Petrobras Mulling $5 Bln Nigerian Assets Sale
Brazil’s state-run oil company Petrobras will, according to Reuters, put up its assets in Nigeria for sale. The oil company has, reportedly, hired Standard Charters to run the auction procedure. Reuters has cited industry and banking sources which claim that Petrobras is looking to gather as much as
Pemex Awards Subsea Pipeline Contract to Cal Dive (USA)
Cal Dive International, Inc. announced today that it has been awarded a contract by Pemex Exploración y Producción for the engineering, procurement, installation and commissioning of 12 kilometers of eight inch subsea pipeline and associated tie-ins on four existing platforms located in the Abkatun-