Australia’s independent oil and gas exploration and production company Tap Oil on Friday announced that the Ministry of Energy, Ghana granted a one year extension of the Initial Exploration Period under the Petroleum Agreement in respect of the Offshore Accra Contract Area. Under the extension, the
Bond Offshore Helicopters Ltd yesterday said it would continue the suspension of all EC225 helicopter flights. Bond, the provider of offshore helicopter transportation services between Aberdeen, Scotland and several North Sea oil platforms, cancelled all EC225 flights following the “controlled desce
Nautical Petroleum plc announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012. The well is being drilled using the Sedco 711 semi-submersible rig and is being managed by Applied Drilling Technology International (ADTI). The
Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter is set to host industry experts at a one-day seminar of technical presentations in Stavanger later this month. Among the 12 presentations, Expro will discuss its AX-S system, a unique remotely-op
Borders & Southern has spudded exploration well 61/25-1, approximately 170 km south of the Falkland Islands. Borders &Southern is the operator of the well, holding a 100% interest in licence PL018. It is the second of a two well exploration programme. The well is designed to test the Stebbing prospe
China National Offshore Oil Corporation (CNOOC) and Roc Oil have signed a production sharing contract (PSC) for Block 09/05 in Bohai bay, offshore China. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilometers and water depth of 4-10 meters. Under the ag
GDF SUEZ E&P Norge AS has, has awarded a frame contract for modifications on the Gjøa platform to Fabricom AS. Fabricom will, under the agreemenr, carry out modification work involving design basis changes and other major modifications on the platform located 45 kilometres from land near the norther
The Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria o
Karoon Gas Australia Ltd advises that at 06:00 hours (WST) today, the Boreas-1 well was drilling ahead at 3908 m in a 12-1/4″ hole. Since the last report, drilling began in the 12-1/4″ section from the 13-3/8″ casing point at 2822m and has continued to the current depth. The Transocean Legend semi-s
The Netherlands-based DSM, producer of Dyneema®, the world’s strongest fiber™, has introduced DM20, a new fiber designed for the production of incredibly strong ropes that provide unrivalled strength, stiffness and durability. DM 20 is an innovative fiber that completely redefines the capability of
Oil & Gas UK’s Q1 2012 business confidence index published yesterday (10 May) reveals that the confidence of the upstream oil and gas industry across Britain has risen to 64 points on a 100 point scale – the highest since the survey was launched in Q1 2009. However, the leap in optimism is driven by
Final preparations for the planned well intervention on Elgin’s leaking G4 well are nearing completion. These have included the West Phoenix drilling rig positioning itself about 30 metres away from the Elgin complex ready to support the operation. Weather permitting, the well intervention should no
Vietnamese PTSC M&C has secured a major detailed engineering, procurement, construction, installation, hook-up and commissioning contract worth approximately $ 113 million. The contract has been awarded by Lam Son Joint Operating Company, a joint operating company between PetroVietnam Exploration Pr
SBM Offshore N.V. has announced the proposed appointment of Mr Peter van Rossum as Chief Financial Officer (CFO) and as a member of its Management Board. Subject to approval by shareholders at an Extraordinary General Meeting to be held on 27 June 2012, Mr Peter van Rossum will start his new functio
