Statoil has restarted production on two offshore oil platforms after they were shut on Friday due to severe weather conditions alert. Statoil’s spokesperson Ola Andres Skauby told Reuters that the company on Saturday resumed operations at the Aasgard and Heidrun platforms in the Norwegian sea but di
Lundin Petroleum said today that drilling of the appraisal well 16/5-2S on the Avaldsnes discovery located in the North Sea sector of the Norwegian Continental Shelf (NCS), has started. The planned total vertical depth is approximately 2,150 meters below mean sea level and the well will be drilled u
Oil spills in Brazil are more common than one thinks. In 2010, the state recorded 57 spills, compared to 56 incidents in 2009. The volume of spilled oil and oil products grew by 163%, jumping from 1.597 barrels in 2009 to 4.201 barrels scattered in the wild last year, almost double the 2,400 barrels
Pancontinental, a petroleum (oil and gas / hydrocarbon) exploration company with key assets in Australia, Kenya, Malta and Namibia, says on its website that preparations for drilling on the Mbawa Prospect are proceeding as planned. Pancontinental’s best estimate for the drill date is during or befor
Miclyn Express Offshore (“MIO”) reports that two Offshore Support Vessels (“OSVs”), the Miclyn Grace and Miclyn Grand, have been awarded five year contracts to act as Multipurpose Vessels for Saudi Aramco in Saudi Arabia. The vessels are currently serving out their existing charter contracts in Thai
BHP Billiton today announced that Alex Vanselow, Group Executive and Chief Financial Officer, will retire from BHP Billiton at the end of February 2012. He will be succeeded by Graham Kerr, recently President of Diamonds and Specialty Products; and Mike Henry, President of Marketing, will join the G
STX Marine (STXM) congratulated Eastern Shipbuilding Group on the award by Hornbeck Offshore Services Inc. for the design and construction of eight STXM designed offshore support vessels. The SV300 and SV310 series vessels are derived from well proven designs recently delivered to the US Gulf Coast
Punj Lloyd Group, an engineering, procurement and construction (EPC) conglomerate, today reported obtaining an offshore project in Bombay High, Mumbai from ONGC. The project, worth USD 97.3 million, is scheduled for commissioning in May, 2013. Commenting on this development, Mr PK Gupta – Director,
The Galoc Production Company (GPC), operator of Galoc oil field offshore Palawan in the Philippines, reported that production was shut in on November 23, 2011 in preparation for the FPSO Rubicon Intrepid sail-away to Singapore, expected to depart this weekend for the planned 3-month turret installat
Anadarko Petroleum Corporation today announced the successful Barquentine-3 appraisal well encountered more than 662 net feet (202 meters) of natural gas pay in two high-quality Oligocene-aged fan systems, significantly expanding the estimated recoverable resource range to 15 to 30+ trillion cubic f
AMEC, the international engineering and project management company, has been appointed by Centrica Energy Upstream to provide engineering, construction and project support services for their East Irish Sea onshore and offshore gas production assets. The 5-year contract is valued at £75 million (USD
Brazil’s Agencia Nacional do Petroleo on Thursday , November 24, carried out an overflight with Navy helicopter to inspect the oil slick near the Chevron operated Frade offshore oil field. The agency said on its website that the slick has decreased in size and that it continues to move away from the
Brazil’s Petrobras has confirmed the presence of oil in well 4-VD-18-RJS (4-BRSA-994-RJS), situated in Campos Basin, in the area known as Marlin Comp. The well, known as Tucura, is located between the production fields of Voador and Marlim, at a water depth of 523 meters. Located 98 km from the shor
Trapoil, an oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, has farmed out 80% of its working interest in its Kew asset (P.1864, Block 9/24d) to Centrica North Sea Oil Limited ( (60%) and JX Nippon Exploration and Production (U.K.)
