Fossil Energy
Frigstad Orders Two Rigs from CIMC Raffles (China)
Subsidiaries of Frigstad Deepwater Ltd have entered into turnkey construction contracts for the delivery of two ultra deepwater semi-submersible drilling rigs from CIMC Raffles in Yantai, China, with options for another four units. The 7th generation drilling units are of the Frigstad D90™ design, d
Samsung Engineering Appoints New Offshore Division COO
Samsung Engineering has appointed Michel Laine as chief operating officer of its newly established offshore segment, effective December 20, 2012. Laine’s career in offshore began in 1982 with ETPM, followed by Technip and Bouygues Offshore S.A. (acquired by Saipem). Since 2002, he held key managemen
QGEP Gets Nod to Develop Atlanta Field (Brazil)
Brazil’s Queiroz Galvão Exploração e Produção on has been given the approval by the National Agency for Oil, Natural Gas and Biofuels (ANP) of the Atlanta Field Development Plan. Located in Block BS-4, the Atlanta Field is a post-salt oil field which is positioned 185 km off the coast of Brazil in t
Global Opens Namibia Data Room for New Partners
Global Petroleum Limited , the oil and gas exploration company presently focused on emerging plays in Africa, today announces that a data room has been opened for selected prospective partners. Global previously announced on 31 October 2012 in its quarterly Report its intention to farm down the 85%
Electrical Fault Shuts Longtom Production (Australia)
Nexus Energy Limited (Nexus) advises that production at the Longtom gas processing facility near Orbost, Australia, has been suspended as a result of an electrical fault. The location of the fault is in the process of being determined and could be within the Santos Limited (Santos) or Nexus offshore
Lundin Starts Drilling at PL 453S in Norwegian North Sea
The well will target the Ogna prospect, which is located some 65 km from the Ula Field in the North Sea, offshore Norway.
Aker Solutions, Talisman Sinopec Pen 5-Year Frame Agreement (UK)
Aker Solutions has secured an important five year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd’s brownfield projects on the UK continental shelf. Although the contract contains no firm spending commitment, the anticipated multi-million pound agreement cements
BPC Encounters Hydrocarbon Pay Offshore Malaysia
BC Petroleum Sdn Bhd (“BCP”), the Company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, has drilled the Balai-2 well to a total depth (TD) of 2,266 metres TVDss and has encountered up to 87 metres of hydrocarbon pay in multiple zones. The Balai-2 wel
Ezra Bags Several Contracts in North Sea and Asia Pacific
Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced today that its subsea services, offshore support services and energy services divisions (EMAS AMC, EMAS Marine and EMAS Energy respectively) have bee
Top News of the Week of Jan 7 – 12, 2013
Top News of the Week of Jan 7 – 12, 2013
Kulluk Hull Intact, Unified Command Says (Alaska)
The Unified Command, consisting of the U.S. Coast Guard, Shell, and other partners, has announced that the Kulluk conical drilling unit remains stable. After a thorough underwater assessment of the unit’s hull, the Unified Command has also informed that no ruptures in the hull were found. Assessment
NPD: The Shelf in 2012 (Norway)
Norwegian gas achieved record sales in 2012, while oil production declined more than expected. However, new profitable discoveries and a record number of developments in recent years form a basis for long-term value creation.
Farstad Inks Multiple Charter Deals in Brazil and North Sea
Farstad Shipping, a Norwegian owner of offshore support vessels, has secured multiple charter contracts in Brazil and North Sea region. The Alesund-based shipping company has informed that Statoil has awarded contracts to PSV Far Spica and PSV Far Scotsman to support the Statoil drilling campaign on
Technip Praises Balltec for MWCS Work (USA)
Balltec Ltd, has received a Project Recognition Award after successfully completing the supply of enhanced MoorLOK connectors for the Marine Well Containment System Project. The MWCS, which has been developed, maintained and operated by the Marine Well Containment Company (MWCC), will allow for rapi