Lundin Petroleum AB (Lundin Petroleum) announces that the Gaupe field, located in the Southern North Sea, offshore Norway, commenced production on 31 March 2012. The Gaupe field is located in PL292 and is adjacent to the Norway – United Kingdom (UK) border, some 225 km from the Norwegian mainland. T
Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico’s Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig worth US$205 million. Slated for delivery in 1Q 2014, this latest high specification unit wil
Until now the licensees have referred to the field as Hild. Located in the northern part of the North Sea, the field is about 150 kilometres west of Kollsnes. Total investments in the development amount to about NOK 26 billion (US$4.2 billion)
The Galoc Production Company (GPC), operator of the Galoc oil field offshore Palawan in the Philippines, advises that production has restarted from the Galoc field on 2 April 2012 following a planned shutdown for refurbishment of the Floating Production Storage and Offloading vessel (FPSO). During t
Northern Petroleum announces plans to commence drilling in mid 2012 on the Guyane permit offshore French Guiana, to follow up on the Zaedyus oil discovery in late 2011 that demonstrated the prospectivity of this licence area off South America. This is a relatively low cost investment for Northern wi
The Norwegian subsea entrepreneur Ocean Installer and A/S Norske Shell signed 30.03.12 a Letter of Intent to award an important contract. The contract covers EPCI (Engineering, Procurement, Construction, Installation) services in the context of A/S Norske Shell’s further development of the Draugen f
Siem Offshore and Fugro Geo Vessels AS (“the Charterer”), a subsidiary of Fugro Norway AS, has agreed to extend the bareboat charter of the PSV “Hugin Explorer” for a period of six years. The new period commenced 1 April 2012, and the Charterer has options to extend the bareboat charter with 1+1 yea
Oil and Natural Gas Corporation Limited, India and ConocoPhillips, USA, two E&P majors have signed a Memorandum of Understanding (MoU) for cooperation in exploration and development of shale resources in India, North America and elsewhere besides deepwater opportunities in Eastern offshore India. At
Xcite Energy announces that, following the spudding of the Bentley 9/3b-7 well on 18 March 2012 with the Rowan Norway jack-up drilling rig, good progress has been made in drilling the 36″ hole and setting the 30″ conductor pipe. The 26″ hole has been directionally drilled and the 20″ surface casing
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 March 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate
Regarding the two seeps – one in November, 2011 and the second in early March, 2012 – found in the Frade oil field, in Campos Basin, offshore Brazil, Chevron (Operator of the Frade oil field) released an open letter to the public on 29 March 2012 on the major Brazilian newspapers as described below.
SBM Offshore N.V. today announces that contracts for the twenty year charter and operation of FPSO Cidade de Ilhabela for the north part of Sapinhoá field (former Guara Area) development in the pre-salt area, offshore Brazil, have been executed with GUARA BV and with BM-S-9 Consortium. The consortiu
French oil giant Total, which has been fighting to stop a natural gas leak at its Elgin Field,located in the UK North Sea approximately 240 km east of Aberdeen, yesterday announced that the flare on the Elgin platform extinguished itself. „We received the first indication that the flare may be out a
Kleven Maritime delivered the LNG powered offshore supply vessel Viking Prince to Eidesvik Offshore on Friday, 30 March. ‘It is a great pleasure to deliver this advanced, environmentally friendly vessel to a ship owner that has a proven track record of taking every aspect of their environmental foot
