Fossil Energy
Noble’s Jack-Up Stays with Centrica Until 2016
UK’ oil and gas company Centrica has extended a contract for Noble Julie Robertson jack-up rig, owned by Noble Corporation. The jack-up rig, which has been under a contract with Centrica since March 2012 on a dayrate of $118,000, will stay with the UK-based operator until April 2016 on an increased
CNPC to Buy Into Eni’s Mozambique Assets for $3.75 Bln?
China National Petroleum Corporation is reportedly interested in acquiring a stake in Eni’s gas reservoirs located in Area 4, offshore Mozambique. Reuters has quoted an unnamed source from the Italian government claiming that the China’s state-run oil company is in talks with the Italian energy gian
Ulstein Verft Welcomes New Managing Director
Kristian Sætre has been appointed managing director of Norway’s Ulstein Verft. He will take the position by 1 June 2013. Kristian Sætre has a solid background and 30 years’ experience from the maritime industry. He has worked in Scana for more than twenty years, most recently as managing director fo
Blue Dolphin Sells Working Interest in Langsa Field (Indonesia)
Blue Dolphin Energy Company has completed the disposal of its seven percent (7%) undivided working interest in the North Sumatra Basin – Langsa Field offshore Indonesia (the “Indonesian Interest”). The Indonesian Interest was acquired by Blue Sky Langsa, Limited (“Blue Sky”), the lease operator, pur
Technip Shows Spar Transport and Installation Process (VIDEO)
In the following video, Technip, a France-based oilfield services provider, explains how a Spar is transported and installed. Spar is a cylindrical, partially submerged offshore drilling and production platform that is particularly well adapted to deepwater. This content is available after accepting
Valiant, Maersk Sign Farm-Out Agreement for Isabella Prospect, UK
Valiant Petroleum plc announced that its wholly owned subsidiary Valiant Causeway Limited (“Valiant”) has signed a farm-out agreement with Maersk Oil North Sea UK Limited (“Maersk Oil UK”) with regard to its Isabella prospect located in the UK Central North Sea Blocks 30/6b, 30/11a & 30/12d (P1820).
Dagny Field Renamed to Gina Krog Field (Norway)
The Norwegian Ministry of Petroleum and Energy has decided to rename the Dagny field in the North Sea, Statoil, the operator of the field, announced today. As from today 8 March – International Women’s Day – the field will be known as Gina Krog. Krog (1847-1916) was a well-known champion of women’s
MEO Updates on Seruway PSC Resources Estimates (Indonesia)
MEO Australia Limited provides the following update in relation to its technical assessment of the prospective resources identified on the major Ibu Horst prospects and the discovered gas resource volumes associated with the Kuala Langsa gas discovery within the Seruway PSC, offshore North Sumatra.
Go Offshore’s Vessel in Collision Incident (Australia)
This morning an incident occurred between one of Go Offshore’s vessels, the DP1 Safety Standby Service Vessel ‘FOS Polaris’ and another vessel approximately 1km off the coast of Exmouth, Australia. No one was injured in the incident. GO MARINE GROUP said in a statement it was working with the Depart
2H Offshore Names Additional Directors (UK)
2H Offshore Inc., an Acteon company, has named Glen Jewell and Hanh Ha as additional directors of its London office. The roles came into effect at the start of 2013. Jewell and Ha will join John McGrail and Alex Rimmer and will share responsibility for the management of the engineering activities an
DeepOcean Installing Fiber Optic Cable for Aasta Hansteen Development
DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, today announced an award from Statoil for the Aasta Hansteen fibre optic cable. The project includes procurement, installation and burial of 140km of fibre optic cable in water depths up to 1300m. The Aasta Hansteen project is the first
China’s Homemade Deepwater Rig Back in Action
China’s semi-submersible offshore drilling rig, Hai Yang Shi You 981, has returned to operations in the South China Sea, after it had undergone repairs following an oil leak found in a water pump room, Reuters has reported. In an e-mail sent to the news agency, China’s state-run oil company CNOOC an
Standard Drilling: No Rigs, No Need for COO
Standard Drilling (SDSD) has signed a separation agreement with its COO, Mike Kelley. Kelley will be relieved from his day-today responsibilities with immediate effect but will remain at the Company’s disposal until August 2013. Standard Drilling CEO, Martin Nes, says : “In light of the recent rig n
Bridge Enters Deal for Joint Development of Asha and Ivar Aasen
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company , announces that, as a 20% licence partner in PL457 containing the Asha discovery, it has signed an agreement regarding the co-ordination and joint development of PL001B (the “Ivar Aasen field”) and PL457 Asha discov