Fossil Energy
Atlantic Petroleum Enters Dutch North Sea
P/F Atlantic Petroleum today announces, through its wholly owned subsidiary Volantis Netherlands BV, the Company is obtaining a six per cent interest in Licences E1, E2, E4, and E5 offshore Netherlands. The licences are operated by Centrica and lie adjacent to UK/Netherlands border in approximately
Subsea 7 Buys Havila Shipping’s Stake in Acergy Havila
Subsea 7 will acquire Havila Shipping’s 50% interest in the joint venture, Acergy Havila Limited, Havila Shipping announced today. The joint venture owns the Diving Support Vessel “Seven Havila” which was built in 2010 and delivered to the joint venture in February 2011, upon which it immediately st
Wintershall Spuds Rodriguez Well in Norwegian Sea
Wintershall Norge has spudded the Rodriguez exploration well, located in the Norwegian Sea. The main objective for this well is to test for oil in the middle Jurassic sandstones of the Garn, Ile and Tilje formations. The water depth at the location is 291 metres and the well is planned to be drilled
Kongsberg Acquires Apply Nemo (Norway)
Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned company of KONGSBERG, has entered into an agreement to acquire 100% of the shares in Apply Nemo AS, an independent supplier of engineering services, products and solutions for subsea oil and gas applications. The acquisition, which is expect
TPAO Buying Polarcus Samur Seismic Vessel (Turkey)
Polarcus Limited has been invited to enter into final negotiations with the Turkish Petroleum Corporation (“TPAO”) over a long-term collaboration arrangement between the parties, which will include the sale and reflagging of the 8-streamer 3D seismic vessel Polarcus Samur combined with the provision
Woodside in Offshore Myanmar Farm-In
Australia’s oil and gas company Woodside has announced that MPRL E&P Pte Ltd has accepted its offer to farm-in to block A-6 in the Rakhine Basin, located in the western offshore area of the Republic of the Union of Myanmar. The offer is for a 50% interest in the block and is subject to certain [&hel
Putin Marks the Start of South Stream Project
Russian President Vladimir Putin marked the start of the South Stream Project on Friday, December 7, through a symbolic welding ceremony during celebrations near Anapa, on the Russian coast of the Black Sea. The event, named “South Stream – Welding the Partnership”, celebrates the Russian-European c
Titanium Explorer Drillship Starts Petrobras Contract in U.S. Gulf
The ultra-deepwater drillship, Titanium Explorer, started its drilling contract with Brazil’s Petrobras in the U.S. Gulf of Mexico, on Friday, December 7. The Titanium Explorer, formerly known as the Dragonquest, owned by Vantage Drilling, is contracted for eight years. Under the contract, Brazilian
CNOOC Gets Green Light to Buy Nexen (Canada)
CNOOC Limited announced yesterday, December 8, that the company has received notice from Canada’s Minister of Industry that its proposed acquisition of Nexen has been approved by the Minister under the Investment Canada Act. No further approvals are required in Canada. This approval is one of the co
Westcon Prepares Double STX Swoop (Norway)
Westcon Group, a Norwegian company specializing in building and upgrading ships and offshore rigs, has signed a letter of intent to buy all shares in the shipyard STX Norway Florø and the design company STX Norway Design Florø. Westcon Group said on it website that the company wishes to broaden the
Apply Sørco Bags Goliat Field Job (Norway)
Eni Norge has awarded Apply Sørco with a Maintenance and Modifications contract for the Goliat project in the Barents Sea, offshore Norway. This is the third major operational contract awarded to a contractor with a local presence in Finnmark. The contract covers engineering support, studies, and ma
International Offshore Rigs Down by 2 in November
Baker Hughes Incorporated announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in Octob
Oil & Gas UK’s Briefing Addresses Impacts of New Energy Reform Legislation
Oil & Gas UK’s final London breakfast briefing of 2012 on 12 December, sponsored by Herbert Smith Freehills and The Royal Bank of Scotland, will shed new light on the potential impacts of the UK Government’s draft Energy Market Reform legislation and Gas Strategy on the UK and European gas markets.
BMT ARGOSS Assists Kazakhstan O&G Industry Extend Works
BMT ARGOSS, a subsidiary of BMT Group Ltd, is helping the Kazakhstan oil and gas industry to extend its summer working window by identifying unseasonably good weather in time for customers to take benefit. The BMT ARGOSS weather forecasting department in Atyrau is currently forecasting record high t