The Ulstein designed platform supply vessel ‘CBO Pacifico’ left the Estaleiro Alianca yard on 10 May 2012. The newbuild went straight into contract for Petrobras. The vessel is the second of the PX106 design delivered to CBO this year. “The finish and quality of these vessels are impeccable. We are
A Chinese state-owned oil and gas corporation CNPC and Chinese Academy of Sciences (CAS) on Friday signed a strategic cooperation agreement in Beijing, to team up in technological research on cutting-edge basic science of oil and gas exploration and development. Under cooperation agreement the compa
On Friday, May 11, 2012, Delek Group Gas Subsidiaries submitted a proposal to participate in the Government of Cyprus tender, to acquire rights of exploration and production of oil and / or natural gas in the Economic water area of Cyprus. The proposal was submitted as part of a consortium comprisin
AGR has been awarded a frame agreement with RWE Dea to provide reservoir services. As a result of recent exploration successes, E&P firm RWE Dea is looking to AGR’s Reservoir Management for the provision of subsurface services during exploration, interpretation, early field development and increased
Rolls-Royce, the global power systems company, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up r
Simek yard in Flekkefjord has been commissioned to deliver a PSV for Atlantic Offshore. The new vessel, which will be delivered in April 2013, ensures continued employment of up to 60 employees at the yard. Atlantic Offshore operates 26 vessels and large parts of the business is related to the North
Building on the Australian oil and gas industry’s capacity to rapidly respond to an offshore well incident, the industry’s leaders today announced funding of a world-class subsea response solution to be in place by early 2013. The announcement, at the annual Australian Petroleum Production & Explora
Bond Offshore Helicopters Ltd., operator of the helicopter that ditched into the North Sea last Thursday, concurs with the initial findings of the AAIB interim Service Bulletin S2/2012 which indicates component failure. The UK Air Accidents Investigation Branch’s bulletin states that, “An initial vi
Development drilling operations have commenced at Breagh field in the UK Southern North Sea, Sterling Resources report. The Ensco 70 rig has been deployed to start the Breagh development drilling program in anticipation of first gas production from the field during the third quarter. Previously dril
Afren plc announces that the Ebok North Fault Block exploration well, offshore south east Nigeria, has encountered 370 ft true vertical thickness (TVT) of net oil pay in excellent quality reservoir sands. The Ebok North Fault Block (“Ebok NFB”) exploration well was spudded on 12 April 2012 by Afren
Chariot Oil & Gas Limited , an oil and gas exploration company focused on Africa, announces that the Tapir South (1811/5-1) exploration well in Northern Block 1811A in the Namibe basin offshore Namibia has reached a total depth of 4,879 metres TVDss. The the second well ever to have been drilled in
Rialto has received formal confirmation from the government of Côte d’Ivoire that Rialto has been granted an Exclusive Exploitation Area (“EEA”) over the Gazelle Field on Block CI-202. The EEA grants Rialto with the right to produce hydrocarbons from Gazelle over a tenure period of 25 years. The Gaz
Songa Offshore, a Cyprus-based international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 4 on order, has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate
