Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update in relation to its 2012/13 drilling programme, its proposed acquisition of a working interest in the Trent East Terrace (“TET”)
PTTEP reports the successful drilling results of the appraisal well, Maple-2. The well is located in Cash-Maple field (Permit AC/RL7) in the Timor Sea of Australia. The well was drilled to a total depth of 4,150 metres on July 1, 2012. The flow rate testing indicates the rate of approximately 30 mil
Adira Energy Ltd. announces that Modiin Energy L.P, on behalf of the Gabriella License consortium, including Adira and Brownstone Energy, has executed a detailed drilling contract with Noble International Ltd (“Noble Drilling”). The Agreement provides for the drilling of the Gabriella License by the
Acta Marine has been awarded new contracts to provide all supply and support vessels for the Mittelplate Drilling and Production Island. Mittelplate is Germany’s largest oilfield and is located in the Wadden Sea tidelands, a unique and sensitive natural environment. The implementation of the highest
WorleyParsons announces that Chevron North Sea Limited has selected WorleyParsons and its INTECSEA subsidiary to execute the Front End Engineering and Design (FEED) for the facilities associated with the Rosebank field, which include a Floating Production, Storage and Offloading (FPSO) and subsea in
Prospector Offshore Drilling S.A. announced that further to the announcement on 25 April 2012, one of the Company’s subsidiaries has executed a contract (the “Contract”) with Total E&P UK Limited and Elf Exploration UK Limited (“Total”) for offshore drilling services in the North Sea with its first
As part of President Obama’s all-of-the-above energy strategy to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will offer more than 20 million acres offshore T
Technip has entered a long-term charter agreement for a new build offshore construction vessel with North Sea Shipping. The charter will be for a period of five or seven years commitment plus a five-year extension option, with a further option to purchase the vessel. The vessel is specially designed
Brodosplit has layed the Keel for Hull 473, a one of two Heavy Lift Vessels which are being built for Dutch Jumbo Shipping and which represent the most complex project built in Croatian shipyards. The Heavy Lift Vessels with 152m length, 27m width and 14.000t deadwight at draft of 8,1m, will be equi
Lundin Norway AS has received consent to conduct exploration drilling with the Transocean Arctic mobile drilling facility. The consent relates to drilling and production testing of appraisal well 7120/6-3 which is part of production licence 490. A possible sidetrack (7120/6-3 A) may also be drilled.
Chevron Corporation announced a natural gas discovery by its Australian subsidiary in the Greater Gorgon Area of the Carnarvon Basin, offshore Western Australia. The Pontus-1 exploration well encountered approximately 97 feet (30 metres) of net gas pay. The well is located in the WA-37-L permit area
Talisman Energy Inc. announced that it has reached an agreement in the North Sea with Sinopec International Petroleum Exploration and Production Corporation, whereby Sinopec will acquire a 49% equity interest in Talisman’s UK North Sea business, Talisman Energy (UK) Limited (TEUK), for $1.5 billion.
CNOOC Limited and Nexen Inc. announced that they have entered into a definitive agreement under which CNOOC Limited will acquire all of the outstanding common shares of Nexen for US$27.50 per share in cash. The purchase price represents a premium of 61% to the closing price of Nexen’s common shares
Halliburton announced that income from continuing operations for the second quarter of 2012 was $745 million, or $0.80 per diluted share. This compares to income from continuing operations for the first quarter of 2012 of $635 million, or $0.69 per diluted share. First quarter reported results inclu
