Statoil is preparing an invitation to tender for a new type of drilling rig for mature fields on the Norwegian continental shelf (NCS). The new rigs, known as category J, will be jack-ups designed by the industry on behalf of Statoil. Statoil will propose for licence groups to take on ownership of t
Chevron, one of the U.S. largest oil producers, plans to invest $1.9 billion in the development of Lianzi oil field. The Lianzi is an offshore oil field located in in the deepwater area between the Republics of Angola and Congo. Richard Phillip Cohagan, Chevron’s executive responsible for Africa reg
Acteon’s InterMoor has been awarded a contract for the design and fabrication of the suction piles for the Williams Gulfstar FPS (Floating Production System) Spar in the Gulf of Mexico. InterMoor will design and fabricate 10 suction piles for the project. All 10 piles are 16 ft in diameter and 97 ft
FMC Technologies, Inc. has been named the 2012 World’s Most Admired Company in the Oil and Gas Equipment, Services industry by FORTUNE® Magazine. The rankings are based on a survey of approximately 15,000 senior executives, outside directors and industry analysts. Companies were evaluated based on t
Brazil’s Petrobras announced that, on February 25, 2012, production started at Cascade Field, U.S. Gulf of Mexico. The Cascade 4 well is connected to the FPSO BW Pioneer, located approximately 250 kilometers of coast of Louisiana in water depth of 2500 meters. The BW Pioneer is the first FPSO to pro
Xcite Energy (XER) has announced that the Rowan Norway jack-up drilling rig has left Dundee harbour and is being towed to location to commence Phase 1A of the First Phase Development of the Bentley field. XER are 100% owner and operator of Block 9/3b, licence P.1078, containing the Bentley Field in
Coastline Surveys has successfully completed a Pre-decommissioning Environmental Survey on behalf of Energy Resource Technology (UK) Ltd, a division of HELIX. The programme is in preparation for the decommissioning of Camelot CA production platform and associated sub-sea infrastructure, which is loc
RWE Dea UK celebrates its 10 year anniversary: Looking back on a decade of successful exploration and production of natural gas in the United Kingdom. The company also expects significant growth in the next years. RWE Dea UK Holdings Ltd has been the operating subsidiary of RWE Dea AG since 2002 and
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed current issues and prospects for further cooperation in the energy sector. Particular attention was p
Kosmos Energy, announced today its 2012 organic capital program, which totals approximately $600 million. Exploration and appraisal activities represent approximately 55 percent of the amount, with development comprising the remaining 45 percent. Over 90 percent of the 2012 program is anticipated to
The use of the natural gas produced in association with oil production at Petrobras platforms set a record of 89.2% in 2011. If combined with the output from fields that produce gas only, this figure reaches the high mark of 92%, the Company’s total gas production record. This is the best result Pet
Tap Oil Limited (Tap) advises that at 0900 hours (AWST) today the Atwood Eagle semi-submersible drilling rig commenced drilling the Tallaganda-1 exploration well in the WA-351-P permit. The Tallaganda-1 prospect straddles both the WA-351-P and WA-335-P permits in the Carnarvon Basin, offshore Wester
Hydratight has launched an updated Emergency Pipeline Repair System to offer better disaster planning and contingency services to operators and contractors. Following the dramatic reaction to the Gulf disaster in early 2011, ever-increasing demands are being placed on oil and gas operators to provid
Ezra Holdings Limited , an offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has sold 60 million shares in SGX-listed Ezion Holdings Limited (Ezion) as part of its capital allocation strategy. This divestment will strengthen Ezra’s cash position and
