Russia’s Prime Minister Vladimir Putin yesterday issued an executive order appointing Rosneft’s Pavel Fedorov as Deputy Energy Minister. In response to Pavel Fedorov’s move to work as Deputy Minister in the Ministry of Energy of the Russian Federation, his responsibilities have been reassigned to me
Eidesvik has entered into an agreement with Lundin Norway for chartering of the LNG powered supply vessel Viking Prince, which will be delivered from Kleven Verft 30th of March 2012. Viking Prince will replace Viking Athene in the existing contract between the two parties from the time of delivery,
OGX has acquired an additional 20% stake in blocks BM-C-37 and BM-C-38, in the shallow waters of the Campos Basin, from its partner Maersk Oil, becoming operator of these blocks. OGX now holds a 70% interest in these blocks, with Maersk Oil holding the remaining 30%. “This transaction reflects not o
Stena Drilling has been awarded a 5 year worldwide drilling contract by Shell for the new build Stena IceMAX. The drilling contract which is on market dayrates will commence this month when the vessel is delivered from the yard in South Korea. The first assignment for the vessel will be in French Gu
Ocean Alden, the newly built stand-by vessel for the Gjøa field was named today at a ceremony at the GDF SUEZ base in Florø. A new subsea warehouse and workshop were inaugurated on the same occasion. GDF SUEZ E&P Norge has awarded shipowners Atlantic Offshore a 10 year contract for the operation of
ShawCor Ltd.’s pipecoating division, Bredero Shaw, has received contracts with a value in excess of US$30 million from PEARLOIL (Sebuku) Limited, to provide pipeline coatings and related products and services for the Ruby Gas Field Development Project. The Ruby Field Development export pipeline will
Statoil and its partners are in the process of concluding drilling operations in the exploration well 30/6-28S located in the production license PL053 in the Oseberg Area Unit. The well drilled by the rig COSL Pioneer proved an oil column of 12 metres in the Statfjord Formation. The estimated volume
Providence Resources P.l.c., today provided a final testing update from its Barryroe well, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in approximately 100 metre water depth, some 50 kilometres offshore Ireland in Standard Exploration Licence (SEL) 1/11 in the North C
Energy Minister Charles Hendry has given BP consent to drill the deepwater North Uist well, northwest of the Shetland Islands. The Department of Energy and Climate Change has subjected BP’s application, including the environmental impact and emergency response plans, to detailed and extensive scruti
Roc Oil (Taranaki) Pty Limited, a wholly owned subsidiary of ROC, has today notified joint venture partners of its withdrawal from offshore exploration block PEP52181, located in the Taranaki Basin, New Zealand. The withdrawal is subject to normal industry terms and conditions, including the receipt
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, today announced that it has sealed a new drilling contract for its semi- submersible drilling rig “Eirik Raude” with an independent operator, for work offshore West Africa. The expected total backlog to complete the 2 wel
Pacific Drilling S.A., announced last week that the company exercised an option to construct its seventh ultra-deepwater drillship with Samsung Heavy Industries. “We are very pleased to announce the order of our seventh ultra-deepwater drillship,” stated Pacific Drilling CEO Chris Beckett. “The curr
Brenham Oil & Gas Corp., , a subsidiary of American International Industries, Inc., announced that it received and accepted a letter of award from the Government of Equatorial Guinea in West Africa for a 15% participating interest in four offshore exploration blocks. This area of Equatorial Guinea’s
Salamander Energy plc, an independent upstream oil and gas exploration and production company focused on on growth assets in and around three core areas: Greater Bualuang, Gulf of Thailand; North Kutei, Indonesia; and Greater Kerendan, Indonesia, has provided an update on its drilling programme in t