Fossil Energy
STATS Completes Pipeline Isolation Project in Dutch North Sea
Pipeline engineering specialist, STATS Group, has completed an isolation project on a 16” subsea pipeline in the Dutch sector of the North Sea on behalf of Wintershall Noordzee BV. The isolation enabled the client to disconnect a flexible gas export pipeline so it could be replaced with a new rigid
Shell Allowed to Use West Navigator Drillship for Draugen Drilling
AS Norske Shell has received consent from The Petroleum Safety Authority Norway to use West Navigator for drilling on the Draugen field in the Norwegian Sea . AS Norske Shell has received the Petroleum Safety Authority Norway’s (PSA’s) consent to use the West Navigator mobile drilling facility. The
Three New Oil Firms Enter Accra Block Offshore Ghana
Rialto Energy Limited it has received Ministerial and Ghana National Petroleum Corporation (GNPC) approval to acquire a 12.5% participating interest in the Offshore Accra Contract Area, Ghana, West Africa (the “Accra Block”). The Company is acquiring its interest alongside fellow new entrants Ophir
Statoil: Permanent Seabed Seismic Streamers to Boost Production
New seismic tools will result in 30 million extra barrels of oil from Snorre and Grane when Norway’s oil company Statoil and its partners now start using permanent reservoir monitoring (PRM). The technology will ensure a better understanding of the reservoirs. Snorre and Grane are two oil fields wit
No Flow for MEO in Indonesia
MEO Australia Limited provides the following update in relation to the Gurame SE-1XST well in the Seruway PSC, offshore North Sumatra, in which MEO holds a 100% interest. Since the last report, the 7” liner was perforated over the Baong sands with tubing conveyed perforating (TCP) guns across a tota
Shell, TSC Consortium Work to Improve FLNG Collaboration
Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative FLNG facilities. The agreement builds on the existing relationshi
Karoon Getting Ready to Spud Its First Santos Basin Well (Brazil)
Karoon Gas Australia is set to start the drilling of its first Santos Basin exploration well, Kangaroo-1. This well has gross mean prospective resource over all target intervals of 272 million barrels of oil, as reported by DeGolyer MacNaughton. The Blackford Dolphin semi-submersible drilling rig be
Rosneft Buys AAR’s Stake in TNK-BP for $28 Bln (Russia)
Rosneft has signed an agreement to purchase from the AAR Consortium (Alfa Group, Access Industries and Renova) its 50% stake in TNK-BP. The purchase price in the transaction is determined based on the base value of AAR’s stake in TNK-BP of $28 bln. Completion of the transaction is subject to approva
Sainampueng-1 Plugged and Abandoned, MEO Australia Says (Thailand)
MEO Australia Limited provides the following update in relation to Sainampueng-1 drilled in the Gulf of Thailand G2/48 Concession by Pearl Oil Offshore Limited (an affiliate of Mubadala Petroleum). Since the last report operations to plug and abandon the well have been completed and the rig was rele
TGS Starts Multi-Client Seismic Shoot Offshore Australia
TGS has commenced acquisition of a 3D multi-client seismic survey, The Three Bears, which covers 460 km2 in the Carnarvon Basin, offshore NW Australia. This survey is located adjacent to the Clio and Gorgon gas fields which are currently in the development stage. Upon completion of this survey, the
BG Waves Goodbye to Chapman. Appoints New CEO
BG Group plc (BG Group) today announces that Chris Finlayson has been appointed as Chief Executive, to succeed Sir Frank Chapman. Chris, who is currently Executive Director and Managing Director BG Advance, will take over as Chief Executive on 1 January 2013. Chris, who has over 35 years experience
Rolls-Royce to Deliver Power & Propulsion for Petrobras’ Drillships (Brazil)
Rolls-Royce, the global power systems company, today announced an order worth more than £100 million to supply integrated power and propulsion systems for seven offshore drilling vessels in Brazil. The ships will be built at the Atlântico Sul shipyard for Brazilian oil company Petrobras. Rolls-Royce
EMGS Receives Two LOIs for Surveys in Asia
Norway’s Electromagnetic Geoservices ASA (EMGS) has received two Letters of Intent for contracts totalling approximately 10 weeks of 3D EM data acquisition in Asia. The surveys will be performed using the vessel EM Leader following completion of the previously announced contract for Shell in Malaysi
Sea Trials Start for Deepwater Construction Vessel ‘Aegir’ (South Korea)
The ‘Aegir’, a customized version of our ULSTEIN SOC 5000 design, has started her sea trials in South Korea. The vessel, designed by Ulstein Sea of Solutions, is Heerema’s latest deepwater construction vessel (DCV), measuring 211.5 m metres by 46.2 metres. She is outfitted at the DSME shipyard in So