Gazprom CEO Alexey Miller met with Eni CEO Paolo Scaroni today at Gazprom headquarters. The two participants examined the ongoing situation and the prospects of cooperation development in the oil & gas sector. In particular, they discussed the realization of the gas pipeline South Stream and the fut
Minister for Communications, Energy and Natural Resources, Mr. Pat Rabbitte T.D. today announced the award of thirteen new Licensing Options in the Irish offshore. Making the announcement this morning at the opening of a major petroleum research conference in Dublin Minister Rabbitte said that he wa
EnerMech has secured a multi-million pound crane maintenance contract from Maersk Oil North Sea UK Limited (Maersk Oil) for assets operating in the UK. The contract covers the inspection, periodic maintenance and engineering support for all deck cranes on-board the Janice FPU, Gryphon and Global Pro
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
Vroon Offshore on Friday (October 14) announced the delivery and naming of VOS Valiant. The vessel was christened Friday in a ceremony held at the Astilleros Zamakona Shipyard in Pasaia, Spain. Godmother was Mrs. Eva Maria Móreno, wife of Mr. Jesús Villacañas, General Manager, Astilleros Zamakona Sh
Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this option till 20th De
The Norwegian Petroleum Directorate (NPD), the Danish Energy Agency and ten oil companies will cooperate on research and development and share experience to improve recovery from chalk fields on the Norwegian and Danish shelves. The NPD and the Danish Energy Agency have taken the initiative for the
Valiant Petroleum plc announces that drilling operations have commenced on the Zapffe exploration prospect (Valiant, 10%), located in PL518 in the Norwegian Barents Sea. The well is drilled by the Aker Barents semi-submersible rig and is targeting a Lower Cretaceous/Upper Jurassic pinch-out play loc
DOF has, through its Brazilian subsidiary Norskan Offshore Ltda, signed a contract with Petrobras for Skandi Flamengo. The contract will commence in October 2011 and has a firm duration of 4 years. Skandi Flamengo is a PSV of UT 755 L design built in Brazil in 2003. Platform Supply Vessels transport
Shares of Singapore rig builders Keppel Corp and Sembcorp Marine climbed on Monday after analysts said they could secure more orders and aft… Reporting by Eveline Danubrata (Reuters) [mappress] Source: Reuters, October 17, 2011;
A US oil exploration ship has arrived in Taranaki to be greeted by environmentalists protesting against the government’s “blinkered obsessio… Source: Yahoo! [mappress] Source: nz.news.yahoo, October 17, 2011;
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, on Friday (October 14) announced the discovery of oil at the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometers North West
Indian energy major Reliance Industries will suspend oil and gas drilling pending an internal valuation of its exploration and production s… Source: Reuters [mappress] Source: Reuters , October 17, 2011;
Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals… Reporting by Hyunjoo Jin and Ju-min Park; Editing by Jonathan Hopfner (Reuters) [mappress] Source:Reuters, October 17, 2011;