The oil and gas company PA Resources announced a short update on production and sales at the Azurite Field offshore Republic of Congo. The last production well on the Azurite Field was commissioned as communicated on June 8 and is presently being monitored after initial clean-up. Present level of pr
Coastal Energy Company announces that the Bua Ban North B-06 well was drilled to a total depth of 6,800 feet TVD and encountered 69 feet of net pay with 28 percent porosity in the Miocene interval. MDT analysis confirms that the well is in communication with the B-02 and B-04 wells and oil samples r
Statoil today celebrates its 10th anniversary as a listed company. Statoil shares are traded on the New York and Oslo stock exchanges. Statoil has evolved from mainly a Norwegian player into a global company well situated in the most attractive areas worldwide. We have developed a sharper profile an
Subsea 7 S.A. announced today the award of a call-off contract under the offshore engineering and construction Frame Agreement with DONG Energy for the Siri Caisson Permanent Support Project. The value of the call-off contract is approximately $220 million. The scope involves the engineering, procur
AMEC, the international engineering and project management company, has been selected by the Marine Well Containment Company (MWCC) to design and deliver components of MWCC’s expanded containment system. “I am pleased that AMEC’s track record of excellent execution, particularly of complex and chall
On May 14, a PGS vessel completed the acquisition of 1,500 km2 of 3D seismic survey in the Block 2815 of the Orange Sub-basin, which data is now being processed, said HRT yesterday on its website. However, the 3D seismic data acquisition held by the vessel Polarcus Samur, which was being performed i
ST Engineering announced today that its marine arm, ST Marine, has won a shipbuilding contract worth about S$171m from Swire Pacific Offshore Operations (Pte) Ltd (SPO), a wholly owned subsidiary of Swire Pacific Limited. The contract entails the building and outfitting of four Anchor Handling Tug S
Technip announces that its wholly-owned subsidiary DUCO Ltd. has been awarded a contract, by BP Exploration Operating Company Limited, worth approximately €15 million for the Lan Do field development in Vietnam. This field is located 320 kilometers south of Ho Chi Minh City, at a water depth of 120-
Noble Energy Inc. has applied to the Ministry of National Infrastructures for a permit to bring a fourth offshore drilling rig to Israel … By Amiram Barkat (Globes) [mappress] Source:Globes , June 15, 2011;
GE Oil & Gas has signed a three-year frame agreement valued at approximately $30 million to supply 26 subsea wellhead systems and associated services to Shell Brasil Ltda. for exploration and production projects offshore Brazil. The agreement means GE Oil & Gas will supply all Shell Brasil’s require
Origin Energy Limited, on behalf of its wholly owned subsidiary Origin Energy Kenya Pty Ltd (“Origin”) advises that it has completed an agreement with a subsidiary of US independent Apache Corporation (“Apache”), to divest a 50 per cent interest in a Production Sharing Contract (PSC) for petroleum e
Marine Well Containment Company (MWCC) announced that its capping stack has met the requirements for containment operations in water depths up to 10,000 feet, which is an increase from the previous water depths of up to 8,000 feet. “This increase in our capability demonstrates our commitment to prov
Swire Oilfield Services is investing £50 million over the rest of this year in its rental fleet and support infrastructure. Around £20 … Source: Business7 [mappress] Source:Business7 , June 14, 2011;
The first batch of oil industry’s foreign exchange bonds for current Iraniancalendar year (started March 21), worth 2.7 billion euros, will be offered next week through branches of three domestic banks, managing directorof the National Iranian Oil Company (NIOC), Mr. Qalebaniannounced here on Tuesda
