Siem Offshore Inc. (SIOFF) has entered into a shipbuilding-contract with Fjellstrand AS in Norway for the construction of one Installation Support Vessel, with option for one additional vessel. The associated gross project cost for the first vessel, ready for operation, is approx. USD 55 million. Th
An Iranian official has said that the country’s offshore oil and gas platforms in the Persian Gulf have been attacked by hackers. He explained that the facilities’ communication systems have been targeted for the past two weeks, but added that the cyber attacks have been repelled successfully. Moham
SBM Offshore, a Dutch-based firm and a specialist in the supply of leased FPSOs, has signed a Commercial Development Agreement with CompactGTL Ltd, the pioneer of modular gas to liquid solutions, to work exclusively together on offshore projects. The use of GTL technology for floating production sys
Ithaca Energy reports third quarter 2012 (“Q3-2012” or the “quarter”) production results and provides an update on Athena operations. Production volumes in the quarter came from the operated Athena, Beatrice, Jacky and Anglia fields and the non-operated Cook, Broom and Topaz fields. Total net export
An Irish based offshore oil and gas exploration and production company Providence Resources has provided an update on its Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its partner Lansdowne Oil and Gas plc (20%). The area is locat
Tap Oil Limited provides the following update on the Manora-5 exploration well. Manora-5 is the first of three wells planned in the 2012 exploration drilling campaign. The Manora-5 exploration well is located in the G1/48 concession in the Gulf of Thailand, three kilometres north of the Manora Oil D
M-I SWACO, a Schlumberger company, yesterday announced the release of the RHADIANT† ultra-high temperature non-aqueous drilling fluid system. This system eliminates drilling fluid product degradation, prevents wellbore control issues such as barite sag and provides a thin filter cake for enhanced lo
Fugro Survey Pty Ltd. has secured a geophysical and geotechnical survey contract by Chevron for the Gorgon expansion project offshore Western Australia. The work scope is approximately 5 months and will utilise the Fugro owned vessel Fugro Synergy starting in November 2012. Gorgon is one of the worl
A series of new European rules must ensure the safety of offshore oil and gas drilling operations following the adoption, with a large majority, of a Report by Ivo Belet Member of the European Parliament by the Committee on Industry, Research and Energy of the European Parliament. Ivo Belet said: “E
Today, Trelleborg inaugurates two operations in Brazil, co-located in one facility in Santana de Parnaíba, outside São Paulo. The facility will develop and produce printing blankets for the graphics industry as well as oil hoses for surface and deep-sea applications used in offshore oil and gas extr
The Petroleum Safety Authority Norway (PSA) carried out an audit activity from 30 August to 1 September 2012 focusing on factors related to maintenance management, technical safety, working environment and preparedness on board the West Hercules facility. The PSA’s activity was carried out as part o
Wood Mackenzie’s presentation at Gastech in London looks at events since the last Gastech conference, 19 months ago, and considers where global gas prices are headed. Presently the global gas market is characterised by disparate regional markets. But events of the last two years appear likely to cre
Fairfield Energy Limited, the private, North Sea-focused independent oil and gas company, has invested £70 million in improvements at its Dunlin platform to help increase and sustain production. This is part of a number of developments reinforcing the operator’s commitment to Dunlin and the wider No
In response to numerous shareholder and market enquiries and continued speculation, WHL Energy Ltd is providing an update on activities related to the WA‐460‐P exploration permit in which the Company holds a 33.3 per cent interest. Industry reports and field monitoring anticipate that the Palta‐1 ex
