TGS, Norway-based company that provides multi-client geoscience data and services to oil and gas Exploration and Production companies around the globe, has started acquisition of a 3D multi-client wide azimuth (WAZ) survey covering over 3,500 km2 in the Gulf of Mexico, offshore New Orleans. The surv
Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category A” units will contribute to increased recovery from Statoil’s approximately 500 operated subsea wells on the Norwegian continental shelf (NCS). Statoil has on behalf of relevant licensees awarded a contract
After Cove Energy on Monday advised its shareholders to accept Shell’s takeover bid of USD 1.8 billion, Thailand’s PTTEP has launched a counter bid. Under the terms of the acquisition, Cove shareholders will be entitled to receive 240 pence for each Cove Share, which means that the Thai oil giant ha
French based oilfield services provider Technip has been awarded two subsea contracts in the Bay of Campeche, Mexico, worth a total amount of €105 million (USD 133 million) by the Mexico’s state owned oil company PEMEX. The contracts scope includes the procurement and construction of two 16’’ rigid
The Gazprom Board of Directors today reviewed the progress with the South Stream project. The meeting discussed the operational status of the offshore and onshore sections of the gas pipeline. It was underlined that the project was being implemented according to schedule and the South Stream constru
Cove Energy, a UK oil and gas company with primary assets in East Africa, yesterday urged its shareholders to accept the $1.8 billion takeover bid from Shell before May 23, the first closing date for the offer from Shell. The board of Cove, having already endorsed the offer, has said it continues to
Total recently started drilling operations offshore Myanmar at the Yadana field, using Seadrill’s jack-up rig, West Callisto. According to the Seadrill’s Fleet Status Report for May, Total has hired the rig on a three-month contract. The contract, expiring in mid-July, will bring approximately $12 m
In recent years, Inge Gjelsten has been Captain on board several newbuilds: “’Blue Fighter’ is the best of them by far,” he states. He is soon to retire, and concludes: “If I were a newly-educated captain planning for a career on a supply vessel in the North Sea, a vessel of this type would be [&hel
AGR has been awarded a well management contract from international upstream exploration and production company, Cooper Energy Tunisa Bargou (CTEB). This will see AGR perform the planning, execution and post-drilling activities for a one well programme in the Gulf of Hammamet, offshore Tunisia. Sverr
Petrofac, an international service provider to the oil & gas production and processing industry,, has been awarded a US$220 million contract by PETRONAS Carigali Sdn Bhd, a subsidiary of PETRONAS, the Malaysian national oil company, for the refurbishment of the Bekok-C platform. The platform is loca
Rialto Energy Limited, an oil and gas exploration and production company, has discovered more oil at its Gazelle-P3 ST well offshore Côte d’Ivoire. at the Gazelle-P3 ST Well, Offshore Côte D’Ivoire. Since the last report the well has been drilled to a depth of 3521m MDRT (2855m TVDSS) and encountere
Wintershall Norge AS, operator of production licence 475 BS, is in the process of completing the drilling of appraisal well 6407/1-5 S. The appraisal well was drilled around 20 kilometres east of the Kristin field in the Norwegian Sea and about 8 kilometres northeast of discovery well 6406/3-8. The
Statoil and partner Petoro have agreed to apply subsea gas compression on the Gullfaks South field. This technological leap forward represents an important milestone in the efforts to improve recovery from this and other gas fields. This technology adds 22 million barrels of oil equivalent to the pr
Ithaca Energy Inc, an oil and gas exploration, development and production company active in the United Kingdom’s Continental Shelf, announces completion of the transaction announced March 26 2012 concerning the Company’s interest in the Carna discovery, located in the Southern Gas Basin of the UK No
