Norwegian safety regulator has given its consent to Statoil for exploration drilling operations in the Barents Sea. Statoil intends to use the Aker Barents drilling rig. The approval relates to the drilling of exploration well 7220/7-1 which is part of production licence 532. The well is located som
Mermaid Maritime Public Company Limited’s subsidiary Subtech Ltd. (Seychelles), has secured a contract award to provide subsea Inspection, Repair, and Maintenance services (“IRM”) along with Saturation Diving Operations for an end client who is a major oil and gas company with a presence in West Afr
Wärtsilä yesterday confirmed recent reports that it has been in talks with Hamworthy regarding a 825 pence per ordinary share cash offer. The potential offer is likely to assume that no further dividend will be paid but, if a dividend is paid, Wärtsilä’s offer will be reduced by the amount of that d
Fairmount Marine, a Dutch marine contractor for ocean towage and heavy lift transportation, announces that its powerful tug Fairmount Glacier has successfully assisted the new build semi submergible drilling rig Scarbeo 9 sailing around Cape of Good Hope. For this operation Fairmount was contracted
Cove Energy plc ,offshore exploration company focused on East Africa, announces that 3D seismic acquisition has commenced in offshore Kenya licence areas L10A and L10B. After completion of the 3D survey, the vessel will be reconfigured and will commence 2D seismic acquisition in the western portion
INPEX announces today that Ichthys Project, which is undertaken by INPEX group of companies and Total group of companies, has been steadily progressing towards the Final Investment Decision (FID) to be made by the end of this year. “While this remains our target, taking into account administrative c
North Energy declares that the rig “Aker Barents” has completed drilling of wildcat well 7121/9-1 (Zapffe) located in PL518 in the Barents Sea. The well was drilled to a total depth of 2417 m below sea level. The purpose of the drilling was to prove hydrocarbons in the Lower Cretaceous and Upper Jur
Oil and gas engineering specialist, STATS Group, has appointed Vikas Shangari as business development manager for the Middle East as part of a strategy to expand operations across the Gulf Cooperation Council states. STATS Group design, manufacture and install a range of patented technologies used i
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL148 in the North Sea to Lundin Petroleum. The license contains the oil discovery Brynhild (previously called Nemo), where a Plan for Development and Operations (PDO) was recently approved by Nor
Island Offshore, provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, announces that it has received a 4 month contract for its Island Centurion vessel from ConocoPhillips. The contract is for supply duties in
“Shell Oil Company is now producing oil from the world’s deepest subsea well at its Perdido Development, utilizing advanced technology to lead the way in increasing the company’s ability to produce more domestic oil and gas resources.”, the company announced today. The well, at 9,627 feet below the
Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil. Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie M
The joint venture formed by Technip (50%) and Odebrecht Oil & Gas (OOG, 50%) has received a letter of award from Petróleo Brasileiro S.A. (Petrobras) for the charter and operation, during a fixed period of five years, of two identical flexible pipeline installation vessels for a value of approximate
Kosmos Energy announced that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana. The Teak-3A well is located approximately 4 kilometers (2.5 miles) north of Teak-1 and was designed to test the potential structural an
