Fossil Energy
NPD Presents Resource Estimates in Southeastern Barents Sea and Jan Mayan
In 2011 and 2012, the Norwegian Petroleum Directorate acquired seismic data off Jan Mayen and in the southeastern Barents Sea. In the southeastern Barents Sea, Dolphin Geophysical acquired 6766 line-kilometres during the periods of 26 April – 15 June and 1 – 6 July 2012, using the survey vessel Arte
Cobalt Reports ‘Exceptional’ Results from Its Gulf of Mexico Wells
Cobalt International Energy, Inc. on Tuesday announced extraordinary results from its Shenandoah #2R appraisal well, located in Walker Ridge Block 51, and provided an update on its North Platte #1 exploratory well, located in Garden Banks 959, both located in the Inboard Lower Tertiary Trend, deepwa
Wood Group Bags $240 Mln in African Contracts
Wood Group has secured 11 new contracts in Africa totaling approximately $240 million. The contracts were awarded over the last 12 months to Wood Group PSN, Wood Group GTS and Wood Group Mustang for projects in five African nations. Wood Group PSN, which provides brownfield production services, won
Petrobras to Hire Two FPSOs for Santos Basin Fields
Petrobras and its partners in Block BM-S-11, BG E&P Brasil and Petrogal Brasil, announce negotiations are under way for the contracting with consortium QGOG/SBM (Queiroz Galvão Óleo e Gás S.A./ SBM Offshore) of two FPSOs for production development at Lula Alto and Lula Central, in Lula Field, in the
Northern Petroleum Provides Update on Cygnus Reserves (Italy)
Northern Petroleum Plc announces that the Cygnus prospect offshore Italy has now been mapped as an estimated unrisked prospective resource of up to 790 million barrels of recoverable oil within Northern’s 100% owned F.R39.NP permit. The prospect is adjacent to and up-dip of the producing Aquila oil
Apply Building LQs for Gina Krog Field (Norway)
Daewoo Shipbuilding & Marine Engineering (DSME) in Korea has awarded the contract for delivery of the Gina Krog (previously Dagny) Living Quarters to Apply. DSME is the topside contractor to Statoil for their Gina Krog field development in the Norwegian sector of the North Sea. The contract includes
BP Orders Subsea Systems for Mad Dog Field from FMC Technologies (USA)
FMC Technologies, Inc. announced today that it has signed a contract with BP for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development. The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilomet
OPEX Secures New Contracts Across UK and Middle East
Aberdeen-based Operational Excellence (OPEX) Group Ltd is on track to meet its ambitious growth plans with £10million worth of business secured in the last three months. The company, which helps operators eliminate production loss and unplanned breakdowns, has secured work with a number of oil major
Statoil to Use Deepsea Atlantic on Gullfaks, Norway
Statoil Petroleum AS has received consent to use the Deepsea Atlantic semi-submersible drilling rig for drilling, sidetrack drilling, plugging, completion, recompletion and well intervention on Gullfaks field satellites in the Norwegian sector of the North se. Water depth at the locations varies fro
Drydocks World Reaches Safety Milestone (UAE)
Drydocks World, a UAE-based service provider to the global maritime and offshore oil and gas industry, announced significant safety milestones on a number of projects in February 2013. The company has built its reputation around a strong Health, Safety and Environment culture and is working on sever
Petrobras to Splash $147.5 Bln on E&P by 2017 (Brazil)
Brazil’s state-run oil company Petrobras has announced that its Board of Directors has approved the 2013-2017 Business & Management Plan (2013-17 BP), with investments of US$ 236.7bn, maintaining the same level of investments as last year’s Plan. The oil company will spend the largest part of the al
Cairn Farms Into FAR’s Licences Offshore Senegal
Australia’s FAR Ltd has announced a farm in agreement for its three blocks offshore Senegal in West Africa to Cairn Energy PLC, a major UK listed oil and gas company. Pursuant to the farm in agreement, which is subject to Senegalese Government approval, Cairn will operate and carry FAR through an ex
Adria Winch, Seaonics Supply Deck Equipment for Siem Offshore’s OSCV
Croatia’s Adria Winch, together with its partner Seaonics AS has recently received an equipment order for two Offshore Subsea Construction Vessels, currently under construction at STX OSV Brattvaag Shipyard. The vessels are being built for a Norwegian owner of offshore support vessels, Siem Offshore
Registration Open for Oceanology International China 2013
Six months before the inaugural Oceanology International China 2013, the only event for marine science and ocean technology in the Asian region, opens at INTEX in Shanghai (3-5 September 2013), registration is now open. Attendance at the exhibition is free of charge to all with a business / professi