Fossil Energy
Seadrill Buys More Shares in Asia Offshore Drilling
International drilling contractor Seadrill Limited has today acquired additional 12,883 shares of Asia Offshore Drilling Limited. The shares were acquired at a price of NOK 28.70 per share (USD 5.03) . Following this acquisition, Seadrill will be the owner of 65.89% of the total number of outstandin
Eight Contracts for Voyager Explorer
SeaBird Exploration Plc has secured 8 back-to-back contracts in the Asia Pacific for its Voyager Explorer vessel, the company announced on Wednesday. The contracts, will keep the Shallow Water 2D/3D vessel busy until May 2013. The seismic survey specialist, based in Cyprus, revealed that the total v
Statoil Sets Timeline for Utsira High Power Supply
Norway’s state-controlled oil company Statoil today recommended a timeline for joint power supply from land to the Edvard Grieg, Ivar Aasen, Johan Sverdrup and Dagny fields, which will start power deliveries to this area of the Utsira High in the North Sea from 2018. The recommended proposed timelin
DNO Doubles West Bukha Oil Production (Oman)
Norwegian oil and gas company DNO International ASA informed today that the just completed West Bukha-4 well located in Block 8 offshore Oman, flowed on a 54/64 inch choke 7,000 barrels of 39º API oil and 15 million cubic feet of gas per day through a test separator. West Bukha-4 will be connected t
Bourbon Workers Released from Captivity (Nigeria)
France-based owner of offshore support vessels, Bourbon, has confirmed that the 7 crew members, kidnapped from the Bourbon Liberty 249 vessel in Nigeria, on October 15, 2012 were released today. The company informed that 7 crew members, 6 Russians and 1 Estonian, all appear to be in good health. “Fo
Fairstar: Commissioning of White Marlin, Christening of Finesse
Dockwise subsidiary Fairstar Heavy Transport N.V. today announces the commissioning of a new Type 1 Vessel to be named White Marlin and the christening of its most recent new-build vessel, Finesse. On acquiring Fairstar Heavy Transport N.V. in July 2012, Dockwise took charge of a set of vessel devel
Statoil Extends Wireline Services Contract with Aker Solutions
Statoil has exercised a two-year contract option with Aker Solutions for provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The initial three-year contract period started in 2009. Statoil has now exercised the first of t
Quest Offshore Sees Bright Future for Deepwater GoM (USA)
The Gulf of Mexico, more than any other major deepwater region in the world, has experienced massive changes in the last five years with long-term implications for the future of the region and the GoM’s supply & demand effects on the global deepwater oil and gas market, Quest Offshore says in its re
Statoil Says Farewell to Glitne Field
When Glitne field came on stream in 2001, the intention was for it to produce for 26 months. Twelve years later its final drops of oil are being extracted and it has now been decided to close the field, Statoil, owner of 5.9% stake in the field says today in a press release. Glitne oil […]
Wintershall Gets Nod for Exploration Drilling in Norwegian Sea
Norwegian oil and gas safety regulator has given approval to Wintershall to carry out exploration drilling in the Norwegian Sea with Transocean Arctic rig. Wintershall Norge, a member of the German BASF Group, will use the Marosso 56 design semi-submersible drilling rig to drill the well 6407/1-6, w
Total to Drill Granatiana Sidetrack (Norway)
Total E&P Norge, which last week made an oil discovery at Garantiana prospect, offshore Norway, is preparing to start drilling a sidetrack well, Bridge Energy today announced. The objective of the well is to prove up additional oil volumes volumes in the Garantiana Cook formation and to determine oi
BRIEF: Total 3Q Profit Up 20 Pct (France)
French supermajor Total today reported adjusted net income of 3.3 billion euros for the third quarter 2012, an increase of 20% compared to the 2.8 billion euros earned in 3Q 2011. Total reported a drop in 3Q production. Hydrocarbon production was 2,272 thousand barrels of oil equivalent per day (kbo
Chariot Oil & Gas Renews Licences Offshore Namibia
Namibian Ministry of Mines and Energy has granted approval for Chariot Oil & Gas to enter the Second Renewal Phase of Licences 14 and Licence 15. The licences cover Chariot’s Northern Blocks 1811 A&B and Southern Block 2714B offshore Namibia. The Second Renewal Phase of these Licences runs from 27 O
Haugane to Leave Det Norske CEO Position in 2013
Erik Haugane, CEO of Norwegian oil and gas company Det norske, will resign from his position after his 60th birthday, the company announced today. He will celebrate his 60th birthday in February next year and will resign from his position as CEO of Det norske oljeselskap ASA during 2013. Haugane wil