Fossil Energy
ROC Encounters Net Pay at Bentara Well, Offshore 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, has completed the initial testing of the first well, Bentara-2, at 0530 hours (Malaysian time) on 15 November 2012 and has now concluded rig oper
GDI to Provide Lift Boat Services to Dolphin Energy (UAE)
Gulf Drilling International Limited (Q.S.C.) announced the signing of a contract valued at an estimated US$34 million to provide Lift Boat Services to Dolphin Energy Limited over a sixteen month period. The self propelled jack-up unit will provide accommodation, maintenance and platform support to D
Black Elk Energy Still Searching for Missing Offshore Worker (USA)
Black Elk Energy Offshore Operations, LLC yesterday announced it would continue the search efforts throughout the night for the worker who went missing in an offshore oil platform explosion. The worker has been unaccounted for since Friday, November 16, when the explosion hit the Black Elk-operated
Early First Oil from Gumusut-Kakap Deepwater Field (Malaysia)
Shell Malaysia today announced early first oil production from the deepwater Gumusut-Kakap (GK) field, located about 120km offshore Sabah, Malaysia. This early production, achieved on November 18th, 2012, is ahead of the completion of the GK’s Floating Production System (FPS). This is made possible
BW Offshore: Papa Terra FPSO Costs Up $75 Million
The EPC conversion project FPSO P-63 (Papa Terra) has today left the COSCO Dalian yard in China for its voyage to Brazil with a planned short stop-over in Singapore for refueling. Estimated arrival in Brazil is in February 2013, where the final integration of the remaining six modules will take plac
Subsea 7 Secures $70 Mln Subsea Costruction Contract (UK)
Subsea 7 S.A. today announced the award of a $70m contract for subsea construction services associated with pipeline replacements North East of Shetland. A key part of the project is the fabrication and installation of 27km of replacement pipeline, and associated tie-ins to the existing infrastructu
BP Discovers 1tcf of Gas Offshore Trinidad
BP Trinidad & Tobago (bpTT) yesterday announced that it has discovered an estimated 1 trillion cubic feet (tcf) of gas offshore Trinidad, doubling the estimated gas in place of the Savonette gas field, to 2tcf. BPTT made the announcement during a meeting in London between Minister of Energy and Ener
Neptune Secures MV11 FPSO Contract (Australia)
Neptune Marine Services Limited has been awarded a contract from MODEC to complete new works at the MODEC Venture 11 floating production, storage and offloading facility (MV11) in the Carnarvon Basin located 160 kilometres north of Karratha, Western Australia. The contract will deliver revenue of ap
Fairmount Fuji in Diving Support Mission Off Angola
Fairmount Marine’s multipurpose support vessel Fairmount Fuji has supported Angolan maritime service provider Octomar Serviços Maritimos in underwater maintenance of the drilling rig Transocean Rather. The Fairmount Fuji hosted and assisted a diving team of Octomar during the six weeks job offshore
Statoil, Wintershall Pen Long-Term Gas Sales Deal
Statoil ASA Statoil and Wintershall have entered into a 10-year gas sales agreement for the delivery of a total of 45 billion cubic meters (bcm) to the German and other North-West European markets. “This strategic agreement demonstrates the continued competitiveness of Norwegian natural gas in the G
Hammerfest LNG Production Shut (Norway)
Production at Statoil’s LNG plant at Melkøya, Hammerfest has been shut down after power failure just before 14.30 pm on Monday. The incident resulted in the emergency response organisation being mobilised, and personnel were according to instructions evacuated from the inner area to the outer plant
DW: $77 Bln to Be Spent on Subsea Vessel Ops by 2017
Douglas-Westwood forecast that approximately $77bn will be spent on subsea vessel operations in field development, inspection, repair & maintenance (IRM) and subsea well intervention between 2012 and 2016. This is an increase of 63% over the preceding five-year period. Global vessel demand for these
Total Sells Stake in Nigerian Offshore Block to Sinopec for $2.5 Bln
Total announces that it has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash (subject to post-closing adjustments). The agreement is subject to approval by t
Spectrum Starts Phase II of Seismic Survey Offshore Lebanon
Spectrum has announced the start of Phase II of its Multi-Client 3D survey in the Levantine Basin offshore Lebanon. The survey is carried out in cooperation with Fugro and the vessel will acquire the data using 8 streamers. The survey is adjacent to Phase I and is to comprise 1,200 square kilometers