Statoil and Rosneft yesterday signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. The agreement also envisages Rosneft’s acquisition of participating interests
On 26th April, Daewoo Shipbuilding Marine & Engineering and Total held a Safety Stand-Up Meeting to commemorate World Safety Day (28th of April) at the Pre-erection area in front of the CLOV FPSO. A number of people who work on the CLOV FPSO including Mr. Patrick Vallot, FPSO manager of Total, Mrs.
Premier announces that the Stingray exploration well (15/13b-11) drilled on Licence P1212 (Block 15/13b) has reached a total depth of 2,129 metres and is being plugged and abandoned as a dry hole (Premier 50 per cent). The next exploration well to be drilled by Premier in the UK North Sea is the Car
Seadrill has received a Letter of Award for a five-year contract for the tender assist rig T18 by Chevron Thailand Exploration and Production Ltd. Start of operations is scheduled for the first quarter 2014, following the delivery to Chevron of tender assist rigs T15 and T16 during 2013. The estimat
Prospector Offshore Drilling S.A. last week received a Letter of Award from Total E&P UK for a drilling contract in the U.K. North Sea for its first jack-up rig, “Prospector Rig 1”. The Award is subject to execution of a mutually-agreed drilling contract , which is expected to be completed later in
The shipyards Yantai CIMC Raffles Offshore Ltd., CMHI/Shenzhen as well as Shanghai Waigaoqiao Shipyard in China have awarded Germany-based Siemens Energy a total of three orders for electrical power supply packages for offshore drilling rigs. These packages, which include BlueDrive Drilling, are des
Seadrill, one of the world’s largest drilling contractors, has ordered a new harsh environment semi-submersible drilling rig from Hyundai Samho Shipyard in South Korea. The company explained the move by the current strong demand for high specification drilling units and Seadrill’s wish to benefit fr
Nautronix have been awarded a three year contract by the Norwegian SURF contractor, Ocean Installer AS, for the supply of survey services to support their offshore construction activities. The contract includes the provision of onshore and offshore survey services in support of tendering and project
Apache Corporation reported record worldwide production in the first-quarter of 2012 as the company benefitted from higher prices for oil and natural gas liquids and its balanced approach helped it weather the continuing deterioration of North American natural gas prices. Daily production increased
STX OSV subsidiary Seaonics AS is in the process of acquiring 34% shareholding interest in Castor Drilling Solution AS (“Castor Drilling”) from an unrelated party. The investment, in two tranches of 22.52% and 11.48%, is expected to be completed by the end of 2012. The total consideration for the tr
Norwegian drilling contractor, Sevan Drilling, reported that Sevan Brasil ultra deepwater drilling rig arrived to Rio de Janeiro on 29 April, 2012 and is undergoing preparations for the acceptance testing with Petrobras. Sevan Brasil, built by COSCO Nantong Shipyard, was loaded onto the Dockwise own
The WilHunter semi-submersible drilling rig, owned by Awilco Drilling, has arrived on location to drill the Timon prospect (Valiant, 10%) located in the UK Northern North Sea in Blocks 211/11b and 211/16b, reports Valiant Petroleum. The well is expected to spud within the next few days and take appr
Cove Energy plc, together with operator Anadarko Petroleum Corporation, today provided the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique. Testing of the Barquentine-1 well flowed gas
Kosmos Energy, an independent oil & gas exploration and production company focused on emerging areas in Africa and South America, yesterday reached a mutual agreement with Sabre Oil & Gas Holdings Ltd. (Sabre) to terminate the acquisition by Kosmos of Sabre’s participating interest in the Deepwater
