Fossil Energy
Petrolia Norway Wins New Licence in 2012 APA
Petrolia Norway AS, a subsidiary of Petrolia E&P Holdings SE, has been awarded a new licence in the 2012 Awards in Predefined Areas (APA) in Norway. “Petrolia Norway is pleased with having been awarded a 50 per cent share in the promising PL674 licence, close to the Johan Sverdrup field. We are look
Mexico’s CP Latina Buys Another Jack-Up Rig
Mexican company CP Latina has executed its option to acquire Standard Drilling’s B338 jack-up rig, currently under construction in Singapore. The value of the acquisition is estimated at approximately USD 215 million. To remind, CP Latina yesterday completed acquisition of the jack-up rig B337, also
ConocoPhillips Restarts Zephyros Drilling Following Narelle Cyclone
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, the Zephyros-1 well was preparing to drill ahead at 2918m after re-manning following the suspension of operations and rig evacuation caused by tropical cyclone Narelle. Since the last report, the 12-1/4” inch hole was drilled from the
Statoil Pleased With APA 2012. Bags 14 Licences (Norway)
Statoil was yesterday awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North
ABCO Subsea to Exhibit at Subsea Tieback Forum and Exhibition (USA)
ABCO Subsea, a Houston-based custom manufacturer of products for the offshore industry, will exhibit for the first time at the Subsea Tieback Forum and Exhibition from March 5-7 in San Antonio. Representatives from the company intend to showcase ABCO Subsea’s vertebrae bend restrictors (VBR), hydrau
Cormorant Alpha Shutdown Affects Over Twenty Fields in UK North Sea
Antrim today confirms that the export infrastructure system (“Export System”) used by the Causeway Field (“Causeway) and Cormorant East Field (“Cormorant East”) in the UK Northern North Sea is currently unavailable due to a potential hydrocarbon leak on the Cormorant Alpha platform. As a consequence
Faroe Petroleum Acquires Stake in 8 New Licences (Norway)
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, has been awarded eight new prospective exploration licences, including three operatorships, under the 2012 Norwegian APA
Petrobras, GIEK Ink MoU (Brazil)
Brazil’s state-controlled oil company Petrobras and the Norwegian export credit agency Garanti-Instituttet for Eksportkreditt (GIEK) yesterday signed a Memorandum of Understanding at Petrobras’ headquarters in Rio de Janeiro. Petrobras’ Financial and Investor Relations Director, Almir Barbassa and W
TGS Shoots Seismic Offshore Liberia
TGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia. “This survey provides excellent data coverage for the source prone, syn-rift and early post-rift sequences, in this highly prospective
Lundin Awarded 7 Licences in APA 2012
Lundin Petroleum AB has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include four licences in the North Sea, two in the Norwegian Sea as well as one licence in Barents Sea. Two of the awarded licences w
Tentec to Show Bolt Tensioning Products at AOG 2013 (Australia)
Bolt tightening specialist, Tentec Ltd, announced that it will be showing its bolt tensioning products for the oil and gas industry on the stand of its Australian distributor National Tools on Stand M1 at AOG 2013 in Perth, Australia from 20th – 22nd February. Tentec’s Sales Director, Roy Sheldon, w
Taqa Confirms Hydrocarbon Leak from North Sea Plaform (UK)
Abu Dhabi National Energy Company PJSC (TAQA) today confirmed that an indication of hydrocarbons was detected in one of the legs of the Cormorant Alpha platform in the northern UK North Sea at 16.15 hours local UK time on January 14. Since the discovery, hydrocarbon levels have been continually moni
Mott MacDonald Acquires Procyon Oil & Gas Limited (UK)
Engineering, management and development consultancy Mott MacDonald announce that it has acquired Procyon Oil & Gas Limited. Procyon Oil & Gas Limited is a multi-disciplinary engineering consultancy providing services to a broad range of clients in the upstream oil and gas industry for both offshore
Flexlife Announces 45% Rise in Comparable Turnover (UK)
Flexlife, a specialist provider of flexible pipe technologies and engineering services, has posted its 2011-12 (to year end March 31) results with more than a 45% rise in comparable turnover from £7.35million to £10.6million. The Aberdeen-based company expanded significantly over the 12-month period