Premier Oil announces that the Lama formation within the Anoa field on Natuna Sea Block A (Indonesia) has been successfully tested. The WL-5 development well on Natuna Sea Block A was deepened to a total depth of 11,012 feet to investigate the exploration potential of the Lama Formation within the A
Delek Group has reported that Pinnacles #1 exploration well, situated close to Mari-B is due to start in the coming days and is expected to last for approximately 5 weeks. According to a report prepared by Netherland, Sewell and Associates (NSAI) the estimated unrisked gross prospective gas resource
Lundin Petroleum AB has entered into an agreement with Talisman Energy Norge AS to acquire an additional 30 percent interest in PL148 containing the Brynhild field (previously knowns as Nemo), offshore Norway. Following the acquisition, Lundin Petroleum will hold a 100 percent interest in PL148. In
Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by the JKC Joint Venture (JKC) consisting of JGC and Chiyoda of Japan and KBR of the United States, to provide marine transportation services for the Ichthys LNG Project in Darwin, Australia. The two contracts engage the Fairstar 50
EMAS AMC, has been awarded a SURF (Subsea, Umbilical, Risers and Flowlines) contract for marine installation and pipe lay from Statoil valued at approximately US$55 million. The subsea development, Fram H-Nord, is situated in the Troll C/Fram area in the northern part of the North Sea. “We are very
UAE-based Polarcus Limited has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project will commence in April and is expected to run for approximately 4 months. The company did not disclose the value of the contract. Polarcus, hea
Together with the partners in the Draupne field, Det norske oljeselskap ASA has reached agreement today with the partners in the Luno field on a coordinated development solution for the area. Draupne will be developed using a fixed platform with pre-processing. The well stream will be transported fr
A Paris-headquartered international oilfield services provider, Technip, has been awarded, by Santos Limited, a flexible pipe supply contract for the Fletcher Finucane oil field development, in Western Australia. The field is located in the Carnarvon Basin, offshore North Western Australia, at a wat
Petrobras announces the start up of FPSO BW Cidade de São Vicente in the Iracema area (Block BM-S-11), in the pre-salt layer of the Santos Basin. The FPSO was connected to well RJS-647, at a water depth of 2,212 meters. The vessel will operate in the area for approximately six months, with the goal
BP has reached a settlement with the Plaintiffs’ Steering Committee (PSC), subject to final written agreement, to resolve the substantial majority of legitimate economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill. The PSC acts on behalf of individual and busin
Dana Petroleum plc announces that Zeitco, its joint venture with the Egyptian General Petroleum Company (EGPC), has successfully completed its first well of 2012, A12Z on the East Zeit field ,located in the Red Sea. The well was drilled with the new-build Sino Tharwa jack-up rig Bahari 1 (Friede & G
Petrobras set a new record in the delivery of natural gas to the market in 2011, reaching an annual flow of 37 million cubic meters of gas offered per day. The company also recorded new monthly and daily records: the flow offered in December of 2011 reached 42.4 million m³/d, and 46.1 million m³ wer
Kjetil Aasoldsen (36) has become a member of the Norwegian Petroleum Directorate’s management team as director of North Sea South, effective March 1. «I look forward to getting started. The southern section of the North Sea is a very exciting area of the shelf, with a mix of mature fields with vast
AMEC, the international engineering and project management company, has been awarded a Project Management Consultancy (PMC) services contract by Abu Dhabi Marine Operating Company (ADMA OPCO) for the ‘execute phase’ of the Nasr Phase-1 and Umm Lulu Phase-1 field development projects offshore Abu Dha
