Fossil Energy
Noble Energy Makes Oil Discovery at Big Bend Prospect in U.S. Gulf
Noble Energy, Inc. today announced a discovery at the Big Bend exploration prospect in the deepwater Gulf of Mexico. The well, located in 7,200 feet of water on Mississippi Canyon Block 698, was drilled to a total depth of 15,989 feet. Open-hole logging identified approximately 150 feet of net oil p
Sonardyne Opens New Office in Rio das Ostras, Brazil
Steve Graham, the Deputy Consul-General from the British Embassy in Brazil has officially opened the new premises of offshore technology company Sonardyne Brasil Ltd. in Rio das Ostras. The opening of the new office on Thursday 22nd November coincided with the 20th anniversary of the company first d
UTEC, SBM Offshore Sign Multi-Year Agreement
Leading independent offshore survey company UTEC has announced the award of a significant multi-year framework agreement. The agreement is with SBM Offshore (Monaco) to provide offshore survey and positioning services carrying its construction vessel fleet, initially covering operations on-board the
Statoil Extends Contract with Møkster for ‘Stril Pioner’ PSV
Norway’s Simon Møkster Shipping AS has announced that Statoil has extended the Charter for “Stril Pioner” with two yeas firm contract from July 2013, with further two by two years options. “Stril Pioner” was one of the first gas fueled supply (PSV) vessels in North Sea operation and has been operati
Roc Oil: Drilling Starts in Bohai Bay, China
Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that drilling has started on the second exploration/appraisal well ZD CP2N-H-2 in the Zhanghai Block, Bohai Bay (offshore China). The well is located in one of two adjoining blocks added to ROC’s existing Zhao Dong Block Contract (an
ROMAR Continues Working Relationship with Deepwater Rental & Supply (USA)
Aberdeenshire-based oilfield service company ROMAR International has secured a two year representative agreement extension with US-based Deepwater Rental & Supply, valued at $1.5 million (£945,000). The agreement involves the agent promoting ROMAR’s range of Magnogrid and EZ-Clean ditch magnet produ
Seadrill Increases Ownership in AOD
Seadrill, an international offshore drilling contractor, has today acquired additional 1,127 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at price NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,377,643 shares in the Company, correspondin
HRT, Galp Energia Sign Farm-Out Deal for Namibian Licences
Brazil’s HRT PARTICIPAÇÕES EM PETROLEO S.A. (HRT) has signed a Farm-Out Agreement with Galp Energia in regard to the assignment of a 14% participating interest in exploratory rights over three offshore Petroleum Exploration Licences (PEL) in Namibia – specifically PEL 23 in the Walvis Basin and PELs
Shell, Petronas Ink PSC for Exploration Offshore Sarawak, Malaysia
Shell Malaysia today announced the signing of a new production sharing contract (PSC) with Petronas to explore for oil and gas offshore Sarawak. The SK319 PSC will see Shell undertake an initial 3 year exploration program to comprehensively explore an area totaling 2727 square kilometers within bloc
BCP Begins Drilling of Balai 2 Well (Malaysia)
ROC advises that BC Petroleum Sdn Bhd (“BCP”), the company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, started drilling the Balai 2 well at 1800 hours (Malaysian time) on 26 November 2012. The Balai 2 well is the second well in the pre-development
HHI Develops Independent LNG Storage Tank Model (South Korea)
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced today that it has developed an independent liquefied natural gas storage tank model, Lobe-Bundle Tank. Hyundai Heavy’s newly-developed LNG storage tank won Approval in Principle from the Japanese classification society Nippon
FOGL Shares Drop on Scotia Well Results (Falkland Islands)
Shares in FOGL, the company focused on exploration offshore Falkland Islands, today dropped 42.8 pct after the company announced the results of drilling at Scotia offshore well. The well, located 315 km east northeast of Stanley, Falkland Islands, has proven a working hydrocarbon system, FOGL said i
Boskalis Ups Stake in Dockwise to 29 Pct (The Netherlands)
Royal Boskalis Westminster N.V. (“Boskalis”) yesterday acquired approximately 11.5 million shares in Dockwise. This shareholding represents 29% of the shares in the Dutch heavy-lift and transportation specialist. Boskalis yesterday announced its intention to acquire Dockwise for a total consideratio
OGX Buys Interest in Santos Basin Offshore Block from Petrobras
OGX Petróleo e Gás Participações S.A., Brazil’s largest private oil and natural gas exploration company, has entered into an agreement with Petrobras to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The purchase and sale is subject to National Petroleum, Natural Ga