Fossil Energy
HRT Starts Exploration Drilling Campaign Offshore Namibia
HRT Participações em Petróleo S.A. has spudded the Wingat-1 (2212A/07) offshore well in Namibia. This well is targeting the Wingat Prospect, located in Petroleum Exploration License 23 (“PEL-23”), in the Walvis Basin, offshore the Republic of Namibia. The Wingat-1 well is located at approximately 20
Asia Offshore Technology to Focus on Challenges of Offshore E&P in Asia Pacific
Increased energy demand due to rapid economic development is driving many Asia Pacific countries to reduce their dependency on imported oil and gas by upping local offshore exploration and production (E&P) activities. Responding to this reality, The Royal Norwegian Embassy in Singapore announces the
Alam Maritim Secures Underwater Services Contract
Alam Maritim Resources Berhad (“AMRB”) announced that its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has received a letter of award from an independent oil and gas exploration and production company for the Provision of Underwater Services comprising subsea inspection, maintenance and repair
Hyundai to Build FPU and TLP for Total’s Project Offshore Congo
South Korea’s Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and leading offshore facilities contractor today announced it received a letter of award for a USD 1.3 billion order for a floating production unit (FPU) and a USD 700 million order for a tension leg platform (TLP) from To
MWCC, Wood Group Form Offshore Reserve Response Team (USA)
Marine Well Containment Company (MWCC) and Wood Group PSN today announced the formation of an offshore reserve response team. Made up of 100 select reserve operations personnel, the team will be activated should MWCC’s modular capture vessels (MCVs) be called upon to respond to a well control incide
SBM Offshore Bags Its Biggest FPSO Contract (Brazil)
SBM Offshore has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013. The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil. BM-S-11 block is under concession to a consortium com
Seadrill Increases Ownership in AOD
Seadrill Limited has today acquired additional 2,488 shares of Asia Offshore Drilling Limited. The shares were acquired at the price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 39,709,313 shares in the Company, corresponding to 66.18% of the total number of outs
VIDEO: BassDrill to Build Tender Assist Rig for Total’s Moho Nord Project in Congo
Houston-based BassDrill has received a contract for a new build semi tender assist unit from Total Congo to be used on the $10 billion Moho Nord development offshore The Republic of Congo. This award follows an extended Compensated Call for Tender (CCFT) entered into in early 2012 whereby a select g
Chevron Strikes Oil at Coronado Prospect in U.S. Gulf of Mexico
Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico. The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6,127 feet (1,868
Wintershall Makes Oil Discovery Offshore Denmark
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3) in Denmark. The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea, approximately
BP: Successful Flow Test at Itaipu-1A Discovery (Brazil)
BP today announced that it has completed a successful flow test of the Itaipu-1A discovery well offshore Brazil. The drill stem test was the latest activity in the ongoing appraisal programme at the BP-operated Itaipu discovery. The well test achieved flow rates of up to 5,600 barrels of oil a day f
Gazprom to Speed Up and Expand Exploration in the Far East (Russia)
The Gazprom headquarters on Friday hosted a meeting moderated by Alexey Miller Chairman of the Company’s Management Committee. The meeting was dedicated to the resource base development needed for the Eastern Gas Program and carried out, inter alia, as part of the Power of Siberia gas transmission s
Deep Down Finishes Steel Tube Umbilical in GoM, USA
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services on March 21 announced it has completed its first steel tube umbilical for a major oil and gas operator in the Gulf of Mexico. The umbilical, which i
Stjerne: Statoil’s 5th Fast-Track Project in Production
Statoil and its partners have started up production on the Stjerne field, 13 kilometres southwest of the Oseberg South platform in the North Sea. Stjerne is the fifth of Statoil’s fast-track projects in production. “This is a good example of how to make smaller discoveries profitable. The project ha