Fossil Energy
USA: Expro Wins TCP Contracts in Gulf of Mexico
Leading international oilfield services company Expro is celebrating two significant contract wins with Murphy Exploration and Production and BP Americas Inc in the US offshore region. The Murphy award is for a three-year campaign offshore Gulf of Mexico, while the BP win will see Expro working on a
Antrim Announces Oil Discovery at Contender in UK Northern North Sea
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, announced preliminary results of drilling operations from well 211/21-N94 (the “Contender Well”) in UK Northern North Sea Block 211/22a Contender Area (the “Contender Block”, Antrim interest 8.4
Rongsheng Heavy Opens Singapore Base, Secures Order for Deepwater Tender Barge
China Rongsheng Heavy Industries Group Holdings Limited announces the establishment of Rongsheng Offshore & Marine Private Limited (“Rongsheng Offshore & Marine”), the Group’s new offshore engineering base, in Singapore. The company will focus on research and development, marketing and “Engineering,
Norway: Plexus to Supply POS-GRIP Wellhead Equipment to Lundin
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has secured a £2 million contract to supply for the first time its high pressure high temperature (‘HPHT’) POS-GRIP fri
Norway: IKM Subsea Adds Forum Sub-Atlantic ROVs to Their Fleet
Forum Energy Technologies, Inc. announced that IKM Subsea recently added two Forum Sub-Atlantic Remote Operated Vehicles (ROVs) to their existing fleet. IKM Subsea plans to deploy immediately Sub-Atlantic Mohican and Comanche vessels in the North Sea and Singapore respectively. This recent addition
Sterling Sells 65 pct Interest in Portion of Midia Block in Romanian Black Sea
Sterling Resources Ltd. announces that it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania (“EMEPR”) and OMV Petrom for the sale of its 65 percent interest in a portion of the Block 15 Midia in the Romanian Black Sea (the “Sale Portion”). The Sale Portion i
Dragados Offshore Secures Contract from Pemex in Gulf of Mexico
Pemex Exploration and Production has awarded Dragados Offshore with the contract for the project “Compresión Alta Litoral A” (CA-LITORAL-A), to be installed in the Campeche region of the Gulf of Mexico. The scope of work of the contract includes Engineering, Procurement, Construction, Load-out, Seaf
Thailand: Salamander Starts Exploration Campaign in Greater Bualuang Area
Salamander Energy plc announces the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand. The B8/38-8 (NW-1) well is testing one of a number of fault terraces to the north west of the Bualuang oil field. Resource potential of 10 – 15 MMbo has been identified in a
Norway: Seadrill Inks HoA for Potential Puchase of Songa Eclipse
Seadrill has entered into a Heads of Agreement (“HoA”) with Songa Offshore SE for a potential purchase of the ultra deepwater semi-submersible rig “Songa Eclipse”. The HoA has certain subjects, hereunder board approval from Seadrill and Songa. A key element in the HoA is that Seadrill is granted exc
Statoil Signs Transaction Agreement with Wintershall for NCS Assets
Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15 % stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. This transaction with the German oil and gas company Wintershall gives Statoil net proceeds of USD 1.45 bill
Saipem Bags $1.1 Bln Contracts in Brazil, Angola and Caspian Sea
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately
PSA Norway in Transocean Audit
During the period 27 – 28 September 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of Transocean Offshore Ltd’s (Transocean’s) management system for following up working environment conditions on the company’s mobile facilities. The objective of the audit activity was to ensu
Statoil Gets Approval for North Sea Well Intervention (Norway)
Statoil Petroleum AS (Statoil) has received consent to use Island Constructor for light well intervention activities on Tordis and Vigdis. Light well intervention is cable-based well maintenance where a cable is run directly through sea and down in the well without using a riser, as opposed to when
Seadrill Prices IPO Units at $22. Aims at $175.5 Mln (USA)
Seadrill Partners, a subsidiary of international drilling contractor Seadrill Limited, today announced that it priced its initial public offering of 8,750,000 common units at a price of $22.00 per unit. Seadrill Partners has granted the underwriters a 30-day over-allotment option to purchase up to 1