Fossil Energy
TAQA Working to Restart North Cormorant Production (UK)
TAQA Bratani has reported that production on North Cormorant, Tern and Eider is in the process of being restarted. The company on Sunday evacuated 92 workers from the North Cormorant platform in the UK North Sea due to a gas leak on the facility. “TAQA will begin re-manning of North Cormorant as soo
Statoil Supends Brugdan II Drilling Due to Bad Weather (Faroe Islands)
Statoil and its partners ExxonMobil and Atlantic Petroleum have decided to temporarily suspend operations on the Brugdan II well offshore the Faroe Islands. The Brugdan II well has drilled into the sub-basalt section, but the primary objective has not yet been reached. “The decision to suspend the d
TGS Shoots Seismic Offshore Angola
Norway’s seismic acquisition specialist TGS has started an extension to the offshore Angola 3D multi-client survey. The extension, covering 4,064 km2 over blocks 36 and 37, will add to the original survey of 12,500 km2 which has completed acquisition. “We are very pleased to continue our relationshi
Shell Extends Underwater Services Contracts with Subsea 7
Subsea 7 S.A. announced today the extension of both of its Underwater Services Contracts (USC) by Shell Upstream International Europe. The extension of both contracts will start in 2014 and continue until at least 2016. The extension in aggregate is worth approximately $360 million. Under these cont
Anadarko Orders Spar Hull from Technip for Heidelberg Field (USA)
Technip received instructions from Anadarko Petroleum Corporation to begin the engineering, construction and transport of a 23,000-ton Truss Spar hull for their Heidelberg field development. This field is located in the US Gulf of Mexico, at a water depth of 1,620 meters (5,310 feet). The Letter of
Boskalis Now Owns 22% Stake in Dockwise (The Netherlands)
Following a press release issued this morning regarding an intended offer for Dockwise Ltd , Royal Boskalis Westminster N.V. (“Boskalis”) announces that it has acquired in excess of 8.5 million shares in Dockwise in the course of trading today. This shareholding represents slightly less than 22% of
Songa Offshore Puts Difficult Period Behind, CEO Says
Songa Offshore SE reports operating revenue for the third quarter 2012 of USD 145.4 million with a total loss of USD 108.4 million, following an impairment loss of USD 116.8 million due to the sale of the ultra deep water rig Songa Eclipse. EBITDA for the quarter was USD 56.8 million. “Our ambition
Cameron to Supply Drilling Package for New UDW Drillship
Cameron announced today that it has received an order from STX Offshore & Shipbuilding Co., Ltd., totaling approximately $275 million, to supply a complete drilling equipment package for a 12,000 foot ultra-deepwater drillship. STX Offshore & Shipbuilding Co., Ltd. has a contract to build a new dril
ConocoPhillips Selling Kashagan to ONGC (Kazakhstan)
ConocoPhillips today announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to India’s ONGC Videsh Limited. Subject to various government approv
Two Gas Discoveries for Petronas, Offshore Malaysia
Malaysia’s oil and gas company Petronas has made two major gas discoveries at the Kuang North and Tukau Timur fields, offshore Sarawak, Malaysia. Kuang North Gas Discovery The Kuang North field, located in Block SK316 was drilled by Petronas in October 2012 via two exploration wells, Kuang North-1 a
Noreco Sells Romeo Stake to Total (UK)
Noreco UK Ltd, a fully owned subsidiary of Norwegian Energy Company ASA, has entered into an agreement to sell 11.9 percent of UK licence P1666, where the Romeo exploration well is currently being drilled, to Total. After this transaction, Noreco will keep a 10 percent interest in the licence. The c
Boskalis Buys 10 Pct Shares in Dockwise (The Netherlands)
Following a press release issued this morning regarding an intended offer for Dockwise Ltd. (“Dockwise”), Royal Boskalis Westminster N.V. (“Boskalis”) announces that it has acquired approximately 4 million shares in Dockwise in the course of trading today. This shareholding represents more than 10%
Sonardyne’s Technology Selected for Liwan 3-1 Pipeline Survey (China)
As part of the pre-installation phase of the Liwan 3-1 gas field development, China Offshore Fugro Geosolutions (Shenzhen) Co. Ltd. (COFG) has placed an order for two Ranger 2 underwater tracking systems from Sonardyne Asia in Singapore. The contract includes the supply of Sonardyne’s new pre-calibr
PSA Orders BP to Fix Ula P Issues (Norway)
In connection with the investigation of the hydrocarbon leak on the P platform on Ula on 12 September 2012, conditions were identified in relation to the fire and explosion protection that do not comply with the regulatory requirements. The PSA has now given BP a notification of order. The inadequac