Fossil Energy
Lukoil Buys Stake in Sierra Leone Offshore Block from Talisman
Russia’s oil company Lukoil has bought a 25% stake in the geological exploration, development and production project at the SL-4B-10 offshore block in the waters of the Republic of Sierra Leone in the Gulf of Guinea. Lukoil acquired this stake from Canada’s Talisman Energy, the project operator. The
Equion, Ecopetrol Find Gas Offshore Colombia
Ecopetrol S.A. reports that its affiliate Equion Energia, the operator of the exploratory well Mapale-1 drilled in the waters of the Caribbean Sea off Colombia’s coast, has indicated that fluid tests and recordings carried out on the well show the presence of dry natural gas. With exploratory drilli
Floatel Superior Evacuation Completed, Statoil Says
Statoil has announced that all personnel apart from security staff have now been evacuated from Floatel Superior, after the accommodation rig tilted this morning due to a hole in the ballast tank. Three helicopters have been operating a shuttle service between the rig and Njord A facility in the Nor
FOGL: BOP Issues Resolved. Scotia Drilling Resumes
FOGL, an oil and gas firm focused on exploration offshore Falkland Islands today, November 7, announced that drilling operations at the Scotia well have resumed. The operations had been suspended due to Blowout Preventer issues. FOGL has informed that the necessary repairs were carried out on the bl
RWE Dea Celebrates 25 Years of Production from Mittelplate (Germany)
Since 1987, RWE Dea AG as operator and Wintershall Holding GmbH as a consortium partner have ensured safe oil production from Mittelplate – one of Germany’s largest oil reservoirs. The 25-year anniversary of Mittelplate oil production was celebrated today, in the company of about 200 guests, from po
Update: Floatel Superior Stable Again. Will Be Towed to Land, Statoil Says
After the PSA Norway today informed of Floatel Superior stability incident which occurred this morning in the Norwegian Sea, Statoil has provided a more detailed insight into the matter. The oil company announced on its website that, after a hole was discovered in the rig’s ballast tank, causing the
Financial Post: Pertamina Ready to Pay $2.6 Bln for Coastal Takeover
Indonesia’s state-owned oil company, Pertamina, is preparing a takeover bid for Coastal Energy Company, Financial Post yesterday reported. The newspaper claims it has received a document which says that Pertamina is willing to pay a 15% premium to Coastal’s share price, the bid which values the oil
Seadrill Working Towards AOD Takeover
One of the world’s largest drilling contractors Seadrill Limited has today acquired additional 3,765 shares of Asia Offshore Drilling Limited (AOD). The shares were acquired at a price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 26,376,516 shares in the Company,
Floatel Superior Tilts. Statoil Evacuates Workers (Norway)
Norwegian energy giant Statoil has evacuated workers from Floatel Superior accommodation rig due to a serious stability incident, the PSA Norway informs. The operator informed the Petroleum Safety Authority Norway of the incident this morning explaining that an anchor had punctured one of the ballas
Scana to Supply Propulsion Systems for GulfMark Offshore’s PSVs
Scana Propulsion has signed a contract with BAE Systems Southeast Shipyards in Mobile Alabama, USA for delivery of gear and propeller systems with remote control for two platform supply vessels for GulfMark Offshore. Deliveries will take place in third quarter 2013. The contract includes options for
Total Brings South Mahakam to Production (Indonesia)
French supermajor Total announces the start-up of its South Mahakam gas condensate project two months ahead of schedule. The South Mahakam is part of the program being implemented to offset production decline impacting the Mahakam PSC (Production Sharing Contract). Total E&P Indonesie (50%) operates
Statoil Confirms Successful Johan Sverdrup Appraisal (Norway)
Norwegian oil and gas company Statoil has confirmed it has completed another successful appraisal well in PL265 in the Johan Sverdrup discovery together with partners Petoro, Det norske oljeselskap and Lundin. “Mapping the reservoir in the Johan Sverdrup discovery represents one of the main challeng
PSA OKs Dong Energy’s North Sea Drilling Plans (Norway)
DONG E&P Norge AS (DONG), a subsidiary of Denmark’s Dong Energy, has received approval from the Norwegian authorities to conduct exploration drilling in the North Sea. DONG is the operator of production licence 147, which includes the Trym field in block 3/7 in the southern part of the North Sea. Th
CGGVeritas Launches BroadSource (France)
French seismic specialist CGGVeritas announced today the commercial launch of BroadSource™, its broadband marine seismic source. BroadSource is a natural complement for BroadSeis™, its industry-proven broadband marine seismic solution, to produce unrivalled images of the subsurface. BroadSource comb