Natural gas production from the giant Troll field in the Norwegian sector of the North Sea has been reduced by 30 million cubic meters per day, Reuters today reports. Gassco, the operator of the gas processing plant at Kollsnes, has informed Reuters that there has been a safety issue at the Troll A
RigNet, Inc. has been chosen by an undisclosed drilling services provider active in Qatar to deliver managed network solutions for one additional offshore accommodation jack-up drilling rig and two additional land drilling rigs in the company’s fleet. These services have been added to an existing fi
Nexus Energy Limited, an Australia-based oil and gas exploration and production company, has appointed new Managing Director. The company today announced that that Lucio Della Martina has been appointed as Managing Director with immediate effect. Della Martina was appointed as Chief Executive Office
Malaysia’s Alam Maritim Resources Berhad has secured a one year contract for one of its workboats with an undisclosed local client, the company announced yesterday. The Kuala Lumpur-based oil and gas marine services company has said that the contract also includes a further one year extension option
Plans to establish a bachelor study in underwater technology engineering in Florø from the autumn of 2013 have taken a big step closer to realization. Statoil has decided to contribute 2 million NOK, GDF SUEZ 1 million and the INC group gives 1 million NOK. Also BG Norge is prepared to contribute 10
Australia’s Woodside Energy Ltd has exercised the first of two remaining 30 day options,for Prosafe’s accommodation rig, Safe Astoria. According to the press release issued by Prosafe, Safe Astoria’s operations at the North Rankin Redevelopment project will now run until 30th November 2012. The valu
A conditional agreement has been reached for New Zealand Oil & Gas Limited to acquire a 6.667 per cent interest in Petroleum Exploration Permit (PEP) 38451, located offshore from Taranaki. Five per cent of the interest is carried. If the transaction is completed, NZOG would acquire 6.111 per cent fr
On October 11, SOCAR President Rovnag Abdullayev met with Statoil delegation led by executive vice presidents Lars Christian Bacher and Eldar Saetre. Welcoming the guests, Abdullayev emphasized that SOCAR and Statoil have a longstanding successful cooperation. Talking about the energy projects carri
MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd. At 07:00 Darwin time on Friday 12th October, 216mm (8 ½”) hole had been drilled from 4,186m to 4,328mMDRT (metres Measured Depth below Rotary Table) and is interpr
Rockhopper, the North Falkland Basin oil and gas exploration company, has received formal approval from the Falkland Islands Government (FIG) and both relevant licensees to the farm-out agreement with Premier Oil plc. The Executive Council of The Falkland Islands Government has approved changes to t
Subsea 7 S.A. today announces that BP has extended its contract for subsea construction, inspection, repair and maintenance services for the Foinaven and Schiehallion fields located west of the Shetland Islands. The contract extension is valued at approximately US$300m and will run from 2013 until 2
Brazil’s state controlled oil company Petrobras has discovered hydrocarbons at its Farfan offshore prospect. The the ultra-deepwater well is located in SEAL-M-426 block in the Sergipe-Alagoas basin, some 109 km from the city of Aracaju. A 44 meter hydrocarbon column of which 40 meters are formed by
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 £1 million contract to supply its POS-GRIP technology wellhead equipment to new customer Lotos Exploratio
The Federal On-Scene Coordinator for the Deepwater Horizon oil spill in New Orleans issued a Notice of Federal Interest to BP and Transocean Tuesday. Coast Guard Capt. Duke Walker issued the NOFI following sample results from an oil sheen located in the vicinity of where the Deepwater Horizon drill