Heerema Fabrication Group’s Hartlepool yard in the United Kingdom received a frame contract from GDF SUEZ E&P UK for the fabrication and commissioning of four topsides for the Cygnus gas field development on the UK Southern North Sea. The total expected scope of the Cygnus project for execution at H
Tangiers Petroleum Limited has been granted Petroleum Exploration Permit NT/P83 (NT/P83) offshore Australia. The permit lies in the Arafura Sea to the north of Melville Island and the Coburg Peninsula of the Northern Territory and is approximately 100 kilometres north of Darwin (Figure 1), Australia
Noble Energy, Inc. has closed the previously announced sale of the Dumbarton and Lochranza assets in the North Sea to Maersk Oil North Sea Limited. Proceeds from the transaction were $117 million and included final closing adjustments from the effective date of January 1, 2012. Maersk Oil has bought
Petrofac, the international oil & gas service provider, has today signed a contract worth approximately US$100 million to provide offshore operations and maintenance services for the Iraq Crude Oil Expansion Project. Awarded by Iraq’s South Oil Company (SOC), the 12-month contract will commence foll
Malaysia’s Coastal Contracts has secured contracts for the sale of an Accommodation Work Barge, an Anchor Handling Tug Supply vessel and two low-end vessels for a total value of RM141 million ($45.1 million). All the vessels, except for the AHTS, have been sold to new clients from Singapore. “We are
Ithaca Energy Inc. announces that operations at the Hurricane appraisal well, 29/10b-8, which lies within the Company’s Greater Stella Area in the UK sector of the Central North Sea are now proceeding to a Drill Stem Test (“DST”). The well has been drilled to a total measured depth of 10,779 feet to
Brazil’s state-controlled oil company Petrobras has signed contracts with OSX for conversion of two oil tankers into Floating Production Storage and Offloading vessels, announced OSX at Bovespa, a stock exchange from São Paulo, Brazil. Under the $900 million deal, the Brazilian shipbuilder, owned by
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow). The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the att
Petrobras announces the new data obtained with the further drilling of well 4-SPS-86B (4-BRSA-971-SPS), which is testing the Carcará prospect, in Block BM-S-8 in the ultra-deep waters of the Santos Basin pre-salt. This discovery was previously announced on March 20, 2012. Located 232 km off the coas
INPEX CORPORATION has through its subsidiary, Teikoku Oil (North America) Co., Ltd., agreed to acquire a 7.2% participating interest in the Lucius project which includes portions of Keathley Canyon blocks 874, 875, 918 and 919 in the deepwater of the U.S. Gulf of Mexico, from a subsidiary of Anadark
Det norske oljeselskap ASA, the operator of PL 356, is in the process of completing the drilling of well 3/4-2S on the Ulvetanna prospect. The well was drilled approximately 20 kilometers north of the Trym Field, located in the southern part of the North Sea in Norway. The objective of the drilling
Wood Group PSN (WGPSN) has been awarded a $10 million (AUD) contract by Shell to build the Computerised Maintenance Management System (CMMS) for its Prelude Floating Liquefied Natural Gas (FLNG) facility, off the coast of Western Australia. Offering an integrated service solution to Shell, the contr
Bayerngas UK announced today that production has commenced from the Clipper South gas field, in which the company holds a 25% interest. The field is operated by RWE Dea (50% interest) and Fairfield Energy is also a partner in the field (25% interest). “We are delighted to see first gas from Clipper
China’s COSCO (Dalian) Shipyard Co. Ltd., has secured a USD170 million contract from Talland Navigation, a subsidiary of UK-based Foresight Limited, to construct an offshore jack-up drilling rig. The rig, of LeTourneau Super 116E Class design, with drilling depth of up to 30,000 feet, will be capabl
