Fossil Energy
IndianOil, Kogas in E&P and LNG Pact
IndianOil and Korea Gas Corporation(KOGAS) signed an MoU for joint participation in Exploration and Production of Gas and Oil at the global level and developing Natural Gas infrastructure projects and LNG sourcing. The MoU was signed by A.K.Marchanda, Executive Director i/c(Gas), IndianOil and Mr. H
Camac Buys Production Systems for Oyo Well in Nigeria
CAMAC Energy Inc. today announced that Allied Energy PLC (“Allied”), an affiliate of the Company’s largest shareholder and the operator of its Nigerian deep water blocks, OML 120 and OML 121, has contracted Wellstream International Limited (“Wellstream”) to design, engineer, and manufacture the prod
RWE Dea Egypt Names New General Manager
As the new General Manager, starting in November Maximillian Fellner will be in charge of the operations of RWE Dea Egypt in Cairo. Fellner, a petroleum engineer, has been responsible since 2008 as General Manager for the Suez Oil Company (SUCO), the joint venture of RWE Dea and the Egyptian General
Wasit Gas Project On Schedule for 2014 Kick Off (Saudi Arabia)
His Excellency Ali Ibrahim Al-Naimi, Minister of Petroleum and Mineral Resources and Chairman of the Board of Directors of Saudi Aramco, on Oct. 16 led board members on a tour of some of the Company’s mega projects. HE Naimi and Saudi Aramco Board members including Khalid A. Al-Falih, president and
Tap Oil Prepares to Drill to Final Total Depth at Manora (Thailand)
Tap Oil Limited provides has announced that during the period from 0600 hours WST on 10 October 2012 to 0600 hours WST on 17 October 2012, the Manora-5 well was drilled directionally to a depth of 2,207 metres true vertical depth. The forward plan is to drill to final total depth and run wire line [
$50 Million Worth of Contracts for DOF Subsea
DOF Subsea AS has secured multiple contracts awards in Asia, in Atlantic and in the Gulf of Mexico over the last couple of weeks with a total contract value of approximately USD 50 million. In the Asia Pacific Region DOF Subsea have secured several new contracts and extension of existing contracts w
Helix Sells Three Pipelayers (USA)
Helix Energy Solutions Group, Inc. has agreed to sell its three pipelay vessels, the Caesar, Express, Intrepid and related equipment in separate transactions for total cash consideration of $252,750,000. On October 15, 2012, Helix entered into an agreement to sell the Caesar, Express and related equ
VIDEO: Aker Solutions Secures Shetland Gas Plant Deal (UK)
Aker Solutions has secured a three year contract to provide operations and maintenance services to Total E&P UK Ltd and its joint venture partner DONG E&P (UK) Ltd at the new Shetland Gas Plant (SGP). The agreement includes provision of operations, maintenance and services support personnel for Tota
Australia: Boreas-1 Testing Kicks Off
Testing of Karoon Gas Australia Ltd’s Boreas-1 exploration well in the Browse basin has commenced. During the initial well clean up a maximum flow rate of 30.2 Mmscf/d was attained through a 40/64 choke, with a flowing wellhead pressure of 3300 psia. The flow rate was constrained by current surface
Petrobras Pens $1 Billion Loan Deal with Japanese Bank
On Friday, October 12, Petrobras signed a loan agreement for up to US$ 1 billion with the Japan Bank for International Cooperation – JBIC, in Tokyo, Japan. The JBIC will be responsible for lending up to US$ 600 million of the total amount and for providing partial guarantees for the remaining US$ 40
Wärtsilä to Supply IGG Units for Ichthys FPSO (Australia)
Wärtsilä Moss AS has won a contract with Daewoo Shipbuilding & Marine Engineering Co (DSME) to supply inert gas generator (IGG) units to a floating production, storage and offloading (FPSO) unit for the INPEX-operated Ichthys LNG project in the Browse Basin, approximately 200km off western Australia
Songa Offshore Fleet Status Update for September
Songa Offshore, a Cyprus-based drilling contractor, has announced its drilling rig fleet status update for September 2012. Songa Venus achieved an operating efficiency of 98% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur continued its operational prep
GALLERY: BP Installs a 700t Processing Module on Andrew Platform (UK)
BP has announced completion of a major milestone on its Kinnoull project in the UK’s central North Sea. On 14th October the new 700 tonne processing unit for the Kinnoull and Andrew Lower Cretaceous reservoirs, built in Hartlepool, England, was successfully installed on to BP’s Andrew platform, 230
SAM Electronics Equips Pieter Schelte with IT Network
SAM Electronics of Hamburg, an L-3 company, has been awarded a major contract for supply and installation of a comprehensive IT network and associated equipment aboard Pieter Schelte, the €1.3 billion dynamically-positioned platform installation-decommissioning and pipelay vessel being built by Daew