Total announces that it has signed two Production Sharing Contracts (PSCs) with the Government of Indonesia represented by BPMIGAS, for the Telen and the Bengkulu I – Mentawai exploration blocks. The Group will hold a 100% participating interest in each PSC. The Bengkulu I – Mentawai exploration blo
The Petroleum Safety Authority Norway (PSA) has granted AS Norske Shell consent to use Ormen Lange subsea template C with associated pipelines. The consent includes use of Ormen Lange subsea template C and manifold with associated intra-field pipelines,intrafield umbilical and pipeline end modules.
Tag Pacific Limited today announced that its subsidiary MPower had been awarded a second contract for Inpex’s world-class Ichthys gas project in the Browse Basin off the north-west coast of Western Australia. MPower has been awarded its latest contract by Korean-based Daewoo Shipbuilding & Marine En
Today, at the A.P. Moller- Maersk Group’s Capital Markets Day, Maersk Oil will unveil the individual components of its targeted 400,000 barrels of oil per day and disclose resources and reserves. APM Terminals will present its strategy to become the leading port and inland terminal operator. Maersk
Ithaca Energy Inc. announces that it has entered into agreements with Noble Energy Capital Limited to acquire two wholly owned UK subsidiary companies that will hold non-operated interests in UK North Sea producing fields; a 12.885% interest in the Cook field and a 14% interest in the MacCulloch fie
DNV today announced it has not confirmed that the Yme-platform, located in the Norwegian sector of the North Sea, is fit for duty as stated in the Norwegian technical newspaper (TU) published October 5th. DNV’s role is to act as an independent third party and ensure that the Yme platform is complete
India’s largest private drilling contractor, Aban Offshore, has received a letter of award from Malaysia’s Petronas Carigali Sdn Bhd for the Deep Driller 3 Jack-up rig. The oil company will charter the rig on a firm period of three years and will deploy it offshore Malaysia. The estimated value of t
Oil Search Limited has signed five Sale and Purchase Agreements with wholly owned affiliates of TOTAL S.A., for licences in the onshore and offshore Gulf of Papua region in PNG. Oil Search and TOTAL will hold equal interests in each of the five licences and will work in partnership to explore and ap
Oceaneering International, Inc. announced today that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC. The charter is expected to commence during the second quarter of 2013. This state-of-the-art, U.S. flagged vessel
TNK Vietnam, a fully owned subsidiary of TNK-BP, today announced that the Company has produced the first gas from Lan Do field in Block 06.1, about 360km offshore south of Ba Ria Vung Tau Province in Vietnam. Lan Do wells were opened for gas production at 20:40 local time on Sunday, 7 October 2012.
InterMoor, an Acteon company, has completed its first permanent mooring work in the Lufeng oilfield, South China Sea. This project was also the company’s first for Chinese installation contractor China Offshore Oil Engineering Co. Ltd. The Nanhai Sheng Kai floating, storage and offloading unit (FSOU
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is teaming up in a new strategic partnership with offshore logistics and freight forwarding specialist Palumbo S.P.A. to form ISS Palumbo S.r.l. The new partnership combines ISS’ worldwide network with Palumbo’s core c
OGX has been granted the required environmental authorization by IBAMA (the Brazilian Institute for Environment and Renewable Natural Resources) to begin drilling in BM-C-37 and BM-C-38 blocks, in the Campos Basin. “The environmental authorization for drilling in these blocks will enable us to proce
OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) last week signed a contractfor transportation and installation of production facilities as part of the infrastructure development at the Vladimir Filanovsky field in the Northern Caspian Sea. The agreement provide
