James Fisher & Sons plc announces the launch of a new safety product – the Weak Link Bail. This innovative solution has been proven in North Sea operations and has wide applicability to improve the safety of completions and workover operations throughout the international oil and gas sector. Scan Te
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has announced that the Loligo exploration well 42/07-01 was spudded on Friday 3 August 2012. The well, being drilled by the the Leiv Eiriksson semi-submersible drilling rig
As part of the Sakhalin III project, Gazprom has launched construction of the production wells in the Kirinskoye gas and condensate field located on the Sakhalin Island shelf. To date, one exploratory well is being switched to the production regime. In addition, the Company is planning to launch con
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, has announced the execution of a farm-out agreement with Noble Energy Falklands Limited, an affiliate of Noble Energy, Inc., a leading global exploration and production com
Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 SMN, DVB Bank SE and NIBC Bank N. V. The vessels are owned 50/50 with Bourbon Offshore Norway AS. “We are pleased with the refinancing
MEO Australia Limited advises that Eni Australia Ltd (Eni) as operator of the NT/P68 exploration permit has confirmed that it will take over the ENSCO 109 drilling rig on 15th August and after an anticipated 4 day tow the rig expects to arrive at the Heron South-1 location on or around the 19th Augu
Petrobras on Friday, August 3, signed contracts with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12 floating drilling platforms to be built in Brazil with national content between 55 and 65%. After construction, the rigs will be charter
Amega West, a Carpenter Technology Corporation company, has been awarded a three-year contract with Petrobras America, a subsidiary of Petrobras, an integrated energy company that operates in 29 countries, on five continents. Amega West will supply Petrobras with non-magnetic collars, stabilizers, a
Following the ingression of water into the natural gas dryers, which led on 10 July to a temporary shutdown, the Melkøya plant is now back in production. The liquefied natural gas (LNG) plant was started up again at the end of July/beginning of August and is gradually being returned to full producti
Eni completed the sale to Fluxys SA and Snam S.p.A. of its 16.41% interest in Interconnector (UK) Limited (“IUK”), 51% interest in Interconnector Zeebrugge Terminal SCRL (“IZT”) and 10% interest in Huberator SA. The total consideration for the above mentioned stakes amounts to € 145 million and Eni
Since the gas leak on the Elgin G4 well was stopped by a successful well intervention operation on 15 May, the G4 well has remained stable and significant further progress has been made moving towards a permanent solution. Total and its contractors have now restarted the essential safety and support
Singapores’s Sembcorp Marine achieved a net profit of $143 million for 2Q 2012. This was 5% lower as compared with $150 million for the corresponding period in 2011, attributable mainly to the timing in recognition of projects, the number of projects that achieved initial recognition, the value and
Rowan Companies plc an international provider of contract drilling services has unveiled it has received a Letter of Intent for its ultra-deepwater drillship, Rowan Renaissance. The drillship, under construction in Korea, will work for Spanish oil giant Repsol at a day rate ranging from $614,000 to
Dana Petroleum plc has announced strong results from its Platypus gas appraisal well in the Southern North Sea, which recorded a test flow rate of 27mmscf per day on a 96/64” choke. Well 48/1a-6 was spudded on 11 April 2012 with the Ensco 80 jack up drilling rig. The well reached a total measured de
