Fossil Energy
Swift Energy Brings Damaged Louisiana Well Under Control
Swift Energy Company announced today that as of 3:12 p.m. local time , Thursday, it has brought under control an outflow of water, oil and natural gas resulting from a marine vessel collision with a Swift Energy operated shut-in well head in the shallow waters of its Lake Washington field in Plaquem
BPZ Energy Updates on Peru Drilling and Workovers
BPZ Energy, an independent oil and gas exploration and production company, today announced an update to Block Z-1 operations in Peru. Corvina CX-15 Drilling Preparations for the new CX-15 development drilling campaign continue with some delays deemed necessary to make adjustments to the platform’s d
VIDEO: Offshore Drilling Manager Travels to Work from Russia to Angola
As a Rig Manager in Maersk Drilling living in Murmansk and working in Luanda, Angola, Vladimir Volkov travels 2,400 km to go to work! Meet him here. https://www.youtube.com/watch?v=Kiaezstv1Rw [mappress] , March 1, 2013
Technip Pens Two Deals with Russia’s Rostec
Technip announces that it has signed two agreements with State Corporation Russian Technologies (Rostec) during the official meeting between François Hollande, President of the French Republic, and Vladimir Putin, President of the Russian Federation, held yesterday in Moscow, Russia. The agreements
APPEA: Positive Impacts of Resources Boom on W. Australia
Western Australia’s oil and gas industry supports around 30,000 workers. It invests significantly in local businesses and training for both its current and future workforce. Every major industry has felt the impact of the resources boom, with recently released research from the Reserve Bank of Austr
Seadrill Reports 4Q Net Profit of 50 Million
Seadrill, an international offshore drilling contractor today reported that its consolidated revenues for the fourth quarter of 2012 amounted to US$1,215 million compared to US$1,092 million in the third quarter 2012. Operating profit for the quarter was US$441 million compared to US$413 million in
Singapore’s Ezion to Develop Marine Supply Base in Australia
Singapore’s Ezion Holdings has received endorsements for its intention to secure a land lease in Australia for the development of a marine supply base to support the offshore oil and gas industry, the company today announced. The Supply Base is near the main passage for marine activities for oil and
MPX’s Timon Adventure Unsuccessful (UK)
MPX Energy has announced that drilling operations have been completed on the Timon exploration well 211/11b-7 in Licence P1633 located the UK Northern North Sea. The well, drilled by the Transocean John Shaw semi-submersible drilling rig, reached a total depth (TD) of 10,787 ft but did not encounter
WorleyParsons Completes Bergen Group Rosenberg Transaction (Norway)
WorleyParsons announces the successful completion of the acquisition of 100% of the shares of Bergen Group Rosenberg AS on 28 February 2013 for a cash consideration of NOK 1,088 million (including more than NOK 200million of acquired cash). Rosenberg is a wholly-owned subsidiary of Bergen Group ASA,
USG People Sells USG Energy
USG People, a specialized provider of employment services in Europe, is selling USG Energy as part of its strategic revision aimed at focusing on market segments in which it can offer major added value and create sufficient scope. USG Energy is focused on providing personnel for drilling, production
Canada’s Pacific Rubiales to Take Control of CGX Energy
Pacific Rubiales Energy Corp,a Canadian company and producer of natural gas and crude oil, announced that it has entered into a binding term sheet with CGX Energy Inc., pursuant to which Pacific Rubiales has agreed to invest Cdn$35,000,000 in CGX at a price of Cdn$0.14 per unit for an aggregate of 2
VIDEO: Seven Oceans Pipelayer in Action
Subsea 7, one of the world’s leading subsea engineering and construction companies, has launched an interesting video of its Seven Oceans deepwater rigid pipelay vessel. The ‘Seven Oceans’ flexlay lay vessel is suitable for the installation of rigid pipes up to a diameter of 16” on the ocean floor i
ConocoPhillips to Use Maersk Gallant for Eldfisk Drilling
ConocoPhillips Skandinavia AS (ConocoPhillips) has received consent to use the Mærsk Gallant jack-up rig for production drilling on Eldfisk 2/7-S in the Norwegian North Sea. The consent relates to pre-drilling and completion of five production wells and one injection well. The drilling will start in
Steel Cutting Ceremony Held for Axis’ Accommodation Unit (China)
Axis Offshore celebrated steel cutting according to the construction schedule with Cosco on 28th February 2013 for its first semi-submersible accommodation unit. The Axis Offshore site team manager, Magnus Olsson, congratulated the yard project manager, Wang Jianqiang, on the planned progress made b