Fossil Energy
Oil Leak Shuts ExxonMobil’s Pipeline Offshore Nigeria
ExxonMobil’s Nigerian unit has shut an offshore pipeline due to an oil leak, Reuters has reported. The leak occurred on Friday, November 9, off the coast of Nigeria’s Akwa Ibom state. ExxonMobil’s subsidiary Mobil Producing Nigeria Unlimited informed the news agency that the leak source had been ide
Teekay Buys HiLoad DP Unit from Remora
Teekay Offshore Partners on Friday announced that it has entered into an agreement to acquire a 2010-built HiLoad Dynamic Positioning (DP) unit from Remora AS (Remora), a Norway-based offshore marine technology company, for a total purchase price of approximately $55 million. The HiLoad DP unit is a
Tap Oil, Apache Exchange Assets Offshore Australia
Tap Oil Limited’s subsidiary, Tap (Shelfal) Pty Ltd, has entered into an agreement with a subsidiary of Apache Corporation (Apache) to exchange a 13.555% interest in Exploration Permit WA-320-P for a corresponding 13.555% interest in the Part II Area of Exploration Permit WA-155-P (Part II) offshore
New Pipeline & Seismic Survey for Mnazi Bay Concession (Tanzania)
On Thursday, 8 November 2012, His Excellency Jaykaya Kikwete, President of the United Republic of Tanzania, laid the foundation stone at the Kinyerezi Gas Receiving Station for the start of construction of the Mnazi Bay to Dar es Salaam Gas Pipeline Project. The 532km pipeline and its associated fac
EnerMech Completes Hydraulics Job on GSF Galaxy 1 (UK)
Mechanical engineering company, EnerMech, has completed a £500,000 hydraulics workscope on Transocean North Sea’s jack-up rig, GSF Galaxy 1. The rig was docked at Global Energy’s Nigg facility in the Cromarty Firth, where EnerMech engineers performed an overhaul of the leg chock system and rig skidd
Prospector Offshore Drilling Secures Loan to Finance Rig Construction
Prospector Offshore Drilling S.A. has entered into a non-binding terms and conditions agreement with the China Development Bank Corporation for a senior secured credit facility to finance the final installment of the shipyard construction contract with Dalian Shipbuilding Industry Offshore Co., Ltd.
Oil Starts Flowing from Causeway Field (UK)
Oil has started flowing from the Causeway Field in UKCS Block 211/23d, Antrim today announced. The company holds 35.5% working interest in the field. Commissioning of the Causeway field has now commenced with gross production rates of around 4,500 barrels of oil per day on a 53% choke. Initial produ
SBM Offshore Sells GustoMSC (The Netherlands)
SBM Offshore N.V. has agreed to the sale and transfer of GustoMSC, to Parcom Capital, a private equity group, for a consideration of approximately US$ 185 million. The purchase price will be paid in cash at closing. The sale is a first step in the divestment program for non-core assets of approximat
Titanium Explorer Drillship to Start Petrobras Contract in December
Vantage Drilling on Friday announced that its Titanium Explorer drillship is yet to begin its drilling contract with Petrobras in the U.S. Gulf of Mexico. The drillship was delivered to Vantage Drilling in April 2012. Titanium Explorer was supposed to commence its contract in the U.S. Gulf of Mexico
Poland’s Lotos Starts Drilling at Skagen Prospect, Offshore Norway
The Polish energy company LOTOS Exploration & Production Norge has started the drilling of its first operated exploration well on the Norwegian Continental Shelf. Exploration drilling on the Skagen oil prospect in production licence 498 in the North Sea began on 9 November. Located about 32 kilometr
OGX Strikes Oil at Cozumel Prospect Offshore Brazil
Brazil’s independent oil and gas exploration company, OGX, has discovered oil at its Cozumel prospect offshore Brazil, Reuters has reported, citing an unnamed executive. Cozumel is located in the BM-C-37 in the Campos Basin. The company, owned by Brazilian billionaire Eike Batista, did not immediate
GC Rieber Secures Contracts for Two Vessels (Norway)
Norway’s GC Rieber Shipping today, November 9, announced it has entered into a charter party with Boa Marine Services Inc. for the CSV “Polar Queen” for a firm period until April 2013. The agreement also includes options for 2 years extension after expiry of the firm charter period. Boa Marine Servi
Niko Abandons Jayarani-1 Well. Moves Rig to Ajek-1 (Indonesia)
Niko Resources Ltd., along with partner Zaratex N.V., announces the Jayarani-1 well, located in the Lhokseumawe PSC offshore Aceh western Indonesia, has reached TD at a depth of 11,537′. The well penetrated the pre-drill geologic objectives of Oligo-Miocene Peutu and Cunda carbonates, but no commerc
Deal Struck for New Liftboat of Levingston Design (UAE)
Levingston Middle East, FZE, Sharjah, United Arab Emirates, and Gulf Piping Company of Abu Dhabi, United Arab Emirates, announced today that they have signed a contract to build a Levingston 320EX liftboat with construction to start immediately. The Levingston 320EX Self-elevating, MOU (Mobile Offsh