In preparation of Offshore Support Vessels Summit 2012, a new survey conducted by the Oil and Gas IQ asked more than 200 offshore maritime experts to present their views on energy efficiency OSVs. The survey shows that a significant 87.5 per cent of industry experts believe that energy efficient OSV
AWE Limited has executed a Sale and Purchase Agreement under which it will acquire a 100% interest and operatorship of two Production Sharing Contracts (“PSCs”) offshore Indonesia, including an undeveloped oil field with an estimated 76 million barrels of recoverable oil. The consideration for the a
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
E.ON Ruhrgas Norge AS, operator of production licence 350, has completed the drilling of wildcat well 6507/6-4 S and is in the process of completing the drilling of wildcat well 6507/6-4 A. The wells were drilled about 10 kilometres southeast of the Skarv offshore field in the Norwegian Sea. The obj
Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The licence was awarded to Cairn Energy during the first Baffin Bay licensing round in December 2010. Cairn will continue as operator and retains a 56.875% working interest while partner Nunaoil will retain its carrie
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting Friday at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to sig
Dolphin Geophysical, a seismic acquisition specialist, based in Bergen, Norway, has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2)offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin al
CH Offshore’s subsidiary, Offshore Gold Shipping Pte Ltd (“OGSP”), has entered into a bareboat charter with an undisclosed client for an undisclosed price. The charter is for the “Aquamarine”, a 2008-built 12,240 brake horsepower anchor-handling tug supply vessel AHTS, for a period of two years. Upo
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-11, cf. Section 8 of the Resource Management Regulations. Well 16/2-11 will be drilled from the Bredford Dolphin drilling facility at position 58°48’13.06’’N 02°33’19.92’’E following completion of drilli
The Norwegian Ministry of Petroleum and Energy today, 20 January, approved Statoil’s plan for development and operation (PDO) of Skuld, a fast-track development tied in to the Norne field in the Norwegian Sea. Skuld is Statoil’s fifth approved fast-track PDO, and the largest fast-track development s
Neon Energy Limited has, further to the announcement made on January 16, provided some additional information in relation to the agreed farmout of Block 120 and Block 105-110/04 (‘Block 105″), offshore Vietnam. The key commercial terms of the accepted binding offer as they apply to Neon are as follo
Chinese-built semi-submersible rig, Scarabeo 9, has, after a long journey, arrived at its final destination, Cuba. The rig, one of the largest in the world, has been leased by the Spanish oil company Repsol, which hopes to unlock Cuba’s allegedly enormous deepwater oil reserves. Cuba estimates that
Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will becom