Rialto Energy Limited, an oil and gas exploration and production company, reports an update on the Gazelle-P3 ST2 well. As previously announced, the Gazelle-P3 ST2 well encountered the expected oil and gas bearing Upper Cenomanian reservoirs and will now be drill stem tested. Testing operations are
The Minister of Mines and Energy in Namibia has consented to the assignment by Serica of a 30% interest in Serica’s Luderitz Basin Licence 0047 to Exploration (Luderitz Basin) Limited, a wholly owned subsidiary of BP, and the novated Licence has been approved by the Ministry. The assignment results
France-based international oilfield services provider Technip has been awarded by EnQuest Britain Limited a contract for the development of the Alma and Galia fields in UK North Sea. The fields are situated approximately 310 kilometers Southeast of Aberdeen, United Kingdom. The Alma and Galia fields
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Johannes Teyssen, Chairman and Chief Executive Officer of E.ON took place Friday as part of St. Petersburg International Economic Forum 2012. The meeting addressed the bilateral cooperation outlook placing
Marathon Oil Corporation has entered into a farmout agreement with Total Gabon for a 21.25 percent working (25 percent paying) interest in the Diaba License G4-223 and its related permit in Gabon with an effective date of June 15, 2012. The companies expect to close the transaction, subject to compl
Aquaterra Energy has been contracted to design and build a freestanding Wellhead Support Structure (WSS) for Oil Production operations offshore Peninsular Malaysia in the South China Sea. The WSS will be the first of its kind to be installed in water depths of 65 metres in Asia and will be bridge li
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Sharav has been awarded a five-year contract by Chevron U.S.A. Inc. for operations in the United States Gulf of Mexico. Estimated maximum contract revenue, including mobilization and client requested modifications,
Subsea Vision has taken delivery of a Saab Seaeye Cougar XT Compact, the low profile powerful ROV specially designed for working in high current areas and where access is restricted. Subsea Vision’s immediate target market for the Cougar XT Compact is the North Sea oil and gas industry. Further appl
Oil and gas industry solutions provider AGR has signed a Master Well Services Contract and a Service Order with Chevron U.S.A. Inc. (Chevron). Under these agreements, AGR will provide Dual Gradient Drilling (DGD) offshore operational services for Chevron’s deepwater Gulf of Mexico programme for up t
Nexus Energy Limited (Nexus) advises that the vessel to inspect and potentially rectify the electrical fault that caused the suspension of Longtom offshore gas field production announced on 6 June 2012 arrived on site on 20 June 2012. Initial inspections have successfully identified the fault to be
Nido Petroleum Limited, as Operator of Service Contract 54 offshore Phillipines, announces that the Philippines Department of Energy (‘DOE’) have agreed to extend Sub-phase 6 for a period of twelve (12) months from 4 August 2012 to 4 August 2013. The twelve (12) month extension to Sub-Phase 6 will e
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell took place today as part of St. Petersburg International Economic Forum 2012. The meeting participants discussed the prospects for the cooperation devel
The Cayman Islands exempted drilling contractor has secured drilling contracts in Ivory Coast and Thailand.
Vyborg shipyard JSC made the final contract delivery of hull blocks for the second supply vessel (order 507). On June 20th, 2012 Vyborg shipyard JSC, in full accordance with the agreed construction schedule, made the final contract delivery of blocks for the second supply vessel (order 507). Weight
