Hyperdynamics Corporation today announced the signing of a 3D acquisition and processing contract with CGGVeritas to cover an area of approximately 4,000 square kilometers in its exploration block offshore Guinea. The value of the contract is approximately US $29.0 million gross. The survey is expec
ABB, the leading power and automation technology group, recently won an order to provide power supply infrastructure, systems and equipment for two new floating, production, storage and offloading (FPSO) units operated by Petrobras. The units will process crude oil and natural gas extracted from ben
The work of the ground-breaking Oil Spill Prevention and Response Advisory Group (OSPRAG) concludes with the launch of its final report at a one-day conference in Aberdeen today (21 September). A total of 250 delegates are expected to attend the OSPRAG Summit on oil spill prevention and response in
Apache Corporation said today that its subsidiary Apache North Sea Limited has agreed to acquire Exxon Mobil Corporation’s Mobil North Sea LLC assets — including the Beryl field and related properties — for $1.75 billion . The fields have current net production of approximately 19,000 barrels of oil
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has invested in new equipment and international expansion following the launch of ground-breaking products. The company develops, manufactures and supplies novel chemical solutions to the conventional and renewable
WGP Exploration Ltd announced that it had started the third Life of Field Seismic (LoFS) survey over the Valhall field in the North Sea. The survey was mobilised on August 23rd and is now nearing completion. In 2003 Life of Field Seismic was permanently installed with 120kms of Ocean Bottom Cable ov
Yitzhak Tshuva-controlled Delek Group Ltd. units Avner Oil and Gas LP and Delek Drilling LP have received a precedent-setting provisional… By Amiram Barkat (Globes) [mappress] Source:Globes ,September 21, 2011;
Dragon Oil plc , an international oil and gas development and production company, announces the completion and initial testing of the Dzheitune (Lam) B/159 development well. The well was drilled to a depth of 2,900 metres and completed as a single producer by the Iran Khazar rig. The initial test re
Inpex Corp , Japan’s top oil and gas developer, has won concession rights for the Babar Selaru oil and gas block in Indonesia’s first… Source: Reuters [mappress] Source:Reuters ,September 21, 2011;
Apache Corporation today announced the appointment of William C. Montgomery , a managing director of Quantum Energy Partners , a private equity firm that focuses on investments in the energy and power industries, to its board of directors. Montgomery is a member of Quantum’s executive and investment
Reference is made to PTTEP Australasia (Ashmore Cartier) Pty Ltd or PTTEP AAA, a 100% owned subsidiary of PTT Exploration and Production Public Company Limited (PTTEP), the operator of Cash-Maple field (Permit AC/RL7). The field is located in the Timor Sea of Australia. PTTEP reported today the succ
ION Geophysical Corporation announced that it has achieved a milestone 50th installation of its Orca® Command and Control system, on BGP’s 12-streamer Prospector. Since its introduction just six years ago, Orca has been used to manage towed streamer seismic data acquisition operations on nearly half
Canada’s East Coast energy regulator said on Tuesday it was responding to a report of spilled drilling fluid in the North Atlantic from… Reporting by Jeffrey Jones (Reuters) [mappress] Source:Reuters ,September 21, 2011;
Total today announces its acquisition, through its Total E&P Kenya B.V. subsidiary, of a 40% interest in five offshore exploration blocks in the Lamu Basin, blocks L5, L7, L11a, L11b and L12. Subject to the approval of the Kenyan authorities, Total will acquire: – a 20% stake from Anadarko Kenya Com
