Iran decided to develop the Arash gas field on its own if Kuwait doesn’t answer to an offer to develop the field together. Iran said it would launch full-scale development of the offshore Arash gas field in the Persian Gulf if Kuwait does not respond to its offer of joint development, Fars News Agen
Eastern Shipbuilding Group has delivered the HARVEY SUPPORTER, the first of three (3) 292 ft. Tiger Shark Class Offshore Support Vessels for Harvey Gulf International Marine, LLC. The HARVEY SUPPORTER is an STX Marine design featuring a DP II SOLAS-classed AC diesel-electric, twin Z-drive Offshore S
CNOOC Limited announces that Lufeng (LF) 13-2 adjustment project has come on stream successfully. The project is located in Pearl River Mouth basin, with average water depth of approximately 132 meters. The development and production operations of the project mainly rely on the original LF 13-2 Well
Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2
One of top events in petroleum industry, the 12th China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe2012) will be held on March 19th to 21st, 2012 in Beijing. National Energy Administration, CNPC, SINOPEC, CNOOC, Shell, BP, Total, Statoil ASA and other overseas
IOOC (Iran Offshore Oil Company) plans to increase production at the Forouzan oil field by the end of the next calendar year , which is shared by 40 pct, with Saudi Arabia, managing director stated. “Some 100 kilometers seabed pipeline has been laid and related platform will be installed in the midd
The board of directors of Songa Offshore SE has decided to award stock appreciation rights (or so-called “synthetic options”) to certain key personnel of the Songa Offshore Group. The number of new stock appreciation rights corresponds to the value of 2,500,000 ordinary shares in the Company. Seen i
From 3-6 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of management of operation and maintenance on Heimdal and the Heimdal riser platform (HRP). Objective The objective of the activity was to assess aspects of the management of preventive and corrective maintenance
CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas in West Africa and China, today announced that it has signed a heads of agreement (“HOA”) to acquire one hundred percent of the issued share capital of Avana Petroleum Limited, a priva
Norwegian Energy Company (Noreco) has completed the sale of its interest in license PL435 on Haltenbanken, containing the gas discovery Zidane-1, to OMV (Norge) AS. The agreement to sell PL435 was announced in October this year. The price is NOK 180 million with effective date 1 January 2011. Noreco
During the periods 2-3 November and 15-17 November 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Teekay Petrojarl’s (TKPJ’s) system for barrier management in connection with the design of Knarr FPSO. The objective of the audit was to follow up to ensure that TKPL has a ma
The Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and
Yuexin Shipbuilding has made an initial step for new AHTS Vessel construction recently with a keel-laying ceremony held in Yuexin shipyard, China. Appyling the design of KHIAM CHUAN MARINE Company, YX3156 measures 58.7m in length with a moulded breadth of 14.6m and a moulded depth of 5.5m. Maximum d
Anadarko Petroleum Corporation yesterday announced it has received approximately $419 million from Statoil Brasil Oleo e Gas Ltda. to satisfy the contingent payment feature associated with the 2008 divestiture of Anadarko’s 50-percent working interest in the Peregrino oil field located in the Campo
