Statoil Petroleum AS has received consent to conduct exploration drilling of well 6607/12-3 with the West Alpha mobile facility. Well 6607/12-3 is part of production licence 385 in the Norwegian Sea. Water depth at the site is 363 metres. The well is located approx. 16 kilometres northwest of the No
Cove Energy plc, the AIM quoted upstream oil and gas company announces the completion of the divestment of its 16.38% participation interest in the production operations (20.475% participation interest in exploration operations) in the Mnazi Bay Concession, Tanzania to Wentworth Resources Limited. C
ConocoPhillips Skandinavia AS has received consent to use the Maersk Gallant mobile drilling facility to pre-drill production wells on Ekofisk Sør. The consent relates to use of Maersk Gallant to pre-drill production wells on Ekofisk 2/4-Z, which is one of the two facilities included in the developm
Chevron Corporation reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in
Statoil has declared its option for one year extended period for the Time Charter party with Eidesvik Offshore for the environmental friendly LNG powered PSV Viking Queen. The extended period starts primo November 2012. Statoil has further one yearly option on this contract. The Viking Queen is a 60
Fairmount Marine’s multipurpose vessel Fairmount Fuji has assisted a team of specialists of Muanda International Oil Company in a well intervention operation offshore Congo, West-Africa. The Fairmount Fuji was selected for this job due to her spacious aft deck in combination with the accommodation c
Lundin Petroleum AB (Lundin Petroleum) has completed the Tiga Papan 5 well located in Blocks SB307 & SB308, offshore Sabah, Malaysia. The Tiga Papan-5 well targeted an un-appraised fault block of mid-Miocene aged sands of the Tiga Papan Unit that was successfully tested in 1982 by the Tiga Papan 1 w
American Petroleum Institute President and CEO Jack Gerard applauded the introduction of the Offshore Petroleum Expansion Now Act of 2012 (OPEN Act) which promises to expand responsible offshore development, make the U.S. more energy secure and create jobs. “We are an energy-rich nation that can and
Schlumberger, Chevron Corporation and Total announced that Total is joining the collaboration to further develop the INTERSECT† next-generation reservoir simulator. Total will contribute engineering resources and expertise to expand the INTERSECT simulator effort. The INTERSECT simulator is an indus
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that drilling operations have commenced on the Nimrod prospect. This is the second well in Chariot’s 4 to 5 well drilling programme offshore Namibia. The operator has confirmed that the drilling camp
“There is a resurgence of the marine industry in the Pacific Northwest we haven’t seen for 20 to 30 years now,” said Vince Piscitello, Vice President of Business Development for Vigor Industrial LLC. “The oil and gas industry is really new to our area,” he said, although he expects to see it grow si
Searcher Seismic has announced the completion of acquisition of the Duvalia 2D Seismic Survey in Carnarvon Basin offshore Australia. The Duvalia Survey comprises approximately 3,302km of new, long-offset 2D seismic data. The survey provides coverage over 2012 Federal Acreage Releas blocks W12-10 and
Noble Energy, Inc. reported second quarter 2012 net income of $292 million, or $1.58 per share diluted. Excluding the impact of unrealized commodity derivative gains and certain other items, second quarter 2012 adjusted net income was $145 million, or $0.77 per share diluted. Net income for the seco
Fairfield Energy confirms that an ROV (Remotely Operated Vehicle) survey carried out following repairs to the company operated Osprey subsea manifold has identified the need for further repairs before operations at Osprey can resume. As it will take some time to source the equipment required to comp
