E.ON Ruhrgas UK E&P Ltd., operator of Licence P1330, announces a gas discovery on the Tolmount prospect. The discovery is located in Block 42/28d in the UK Southern North Sea to the west of the E.ON-operated Babbage gas field. E.ON Ruhrgas UK E&P Ltd. and partner Dana Petroleum (E&P) Limited (a whol
The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel co-owned by EOC Limited, has successfully achieved first oil in Vietnam’s Chim Sao field on 10 October 2011. This milestone marks the commencement of the vessel’s US$1 billion charter contract with Pre
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. Vessel utilization for the third quarter 2011: -The vessel availability rate was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to
In relation to the construction and operation of the natural gas pipeline in the Baltic Sea, Nord Stream conducts ambitious environmental and socio-economic monitoring in each country through whose waters the pipeline passes. Furthermore, for the purpose of providing a transparent overview, Nord Str
The United States is suffering from high unemployment, high energy prices, stagnant economic growth, and a massive budget deficit… [mappress] Source: canadafreepress;
Eni has started production from the Kitan oil field located between Timor-Leste and Australia, approximately 240km south of the Timor-Leste capital of Dili and 550km north of Darwin, Australia. Eni is operator of Kitan with a 40% interest while INPEX Timor Sea (35%) and Talisman Resources (25%) are
Seadrill Limited has successfully secured commitments from a group of commercial lending institutions and export credit agencies for a new US$550 million senior secured credit facility. The new facility has a tenor of five years and a 10 years amortization profile. Interest on the loan and the set o
Oil recovery teams head out on the water last morning to collect oil spilled from the cargo vessel Rena. The teams spent day before yesterday preparing ocean-going vessels for an offshore operation. Modifications had to be made to some of the vessels to ensure the safe operation of the heavy special
Technip announces that its wholly-owned subsidiary DUCO Inc. was awarded two contracts, by Shell Offshore Inc, for the Cardamom and West Boreas field developments, located in the Gulf of Mexico. The contracts include the engineering, project management and construction of a 9,265m umbilical (Cardamo
China’s top offshore oil producer CNOOC Ltd may miss this year’s output target because of production disruptions at its main field following… Reported by: Richard Fu (Shanghaidaily) [mappress] Source: Shanghaidaily,
Britain’s BG Group may sell some of its Brazilian oil assets, a local paper said, which would put it in line with other oil majors that are… Source: Reuters [mappress] Source: Reuters;
TGS will commence acquisition of a new 3D multi-client seismic survey in November 2011 which covers 9,700 km2 over the Exmouth Plateau in the Carnarvon Basin, offshore NW Australia. The survey area is adjacent to existing large gas discoveries and covers newly available acreage in blocks WA-364-P, W
The Falkland Islands Offshore Hydrocarbons Environmental Forum held their first meeting on 27th September in the Chamber of Commerce… Source: Sartma [mappress] Source: sartma,
Phase 12 of Iran’s giant South Pars Oil and Gas field with an output of 84 million cubic meters of sour gas on a daily basis will come … Source: farsnews [mappress] Source: farsnews,
