The second license round offshore Cyprus opened 11th of February 2012. There will be official opening presentations by the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus in Houston 22nd of February at the International pavilion at NAPE and in London at APPEX 6th of March. The r
Petrofac, the international oil & gas service provider, has acquired the Fetcham-based KW Limited (KW). KW Limited, which also has an office in Aberdeen, is a high-end subsea pipeline consulting and engineering services business with an established reputation in the subsea pipeline market. As at 31
Fairfield Energy Limited announces that the first development well for the Clipper South gas field was spudded on 8th February. The well (48/19a-C1) is targeting a tight Permian age Rotliegend reservoir at a depth of some 8000 feet and is the first of up to five extended horizontal wells with multip
Subsea 7 S.A. has clinched a SURF (subsea, umbilical, riser and flowline) contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installatio
Norway’s TGS has commenced acquisition of a 3D multi-client seismic survey in the Outer Exmouth Plateau area. The new survey, Gnaraloo, covers 2,093 km2 over parts of blocks WA-347-P, WA-348-P and neighbouring open acreage to the north of the Mary Rose Northeast 3D multi-client survey, previously an
Hyperdynamics Corporation yesterday announced that the Hyperdynamics-operated Sabu-1 exploration well reached the planned total depth of 11,844 feet in a water depth of 2,329 feet, approximately 90 miles southwest of Conakry, Guinea. The well encountered oil shows while drilling the targeted Upper C
Bergen Group today reported that during the fourth quarter of 2011 the company had a turnover of NOK 932 million and a profit of NOK 47 million before depreciation and write-downs. The group had a total turnover of NOK 3 735 million for the entire 2011, which constitutes a growth of nearly 12 per ce
Yorkshire-based cable cleat manufacturer, Ellis has recently entered into Chinese market by securing a significant order from COSCO Engineering. The company’s Emperor cleats have been specified by COSCO Engineering for installation on the Vantage Drilling Company’s new drillship, the Dalian Develope
The Ministry of Commerce, People’s Republic of China, has granted consent to British Petroleum (BP), for an exploration drilling in the South China Sea in partnership with CNOOC, China Daily reveals today. BP and the block operator CNOOC signed a deal for the exploration at the 43/11 deepwater block
Viper Subsea, the Bristol based supplier of subsea systems and products to the global oil and gas industries is making progress in exporting its range of services and products to the global marketplace, with recent success in the increasingly important Brazilian offshore fields. The company’s V-LOCK
Cathelco has clinched an order to supply seawater pipework anti-fouling equipment for the first purpose built jack-up rig to be constructed for Saudi Aramco. The rig will be built at the Keppel FELS yard in Singapore and is scheduled for delivery in the second half of 2012 when it will be deployed b
Ezion Holdings Limited has secured a charter contract with a value of up to USD 80.3 million over a 4 year period to provide a second North Sea Class service rig (“Service Rig”) to be used by a European oil major to support its oil & gas activities in offshore Denmark. The Service Rig is […]
Bourbon Offshore Norway AS, a fully integrated offshore supply ship owning company announces that the company has secured contract extensions for two of its offshore vessels. AHTS Bourbon Crown has been extended with charterer Exxon Angola for two months. The current contract will then expire at the
After announcing the major natural gas discovery off the coast of Mozambique, Eni, the international oil and gas company, has today announced the Group preliminary results for the fourth quarter and the full year 2011. The Italian oil giant reported full year 2011 net profit €6.89 billion (up 9%) an
