Nido Petroleum Limited, on behalf of the SC 63 Joint Venture, announces Board approval to enter into the next Sub-Phase of the SC 63 exploration program. Sub-Phase 2b of SC 63, commencing on 24 May 2011, carries a one well commitment to be drilled not later than 24 November 2012 and represents the n
A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. (HHI) for the building of a new ultra-deepwater drillship with scheduled delivery in 3rd quarter 2013. Total project cost is estimated to USD 615 million (including spare p
SBM Offshore announces that on behalf of its Joint Venture companies with Sonangol it has received a Letter of Intent (LOI) for twelve year lease and operate contracts from ENI Angola SpA for the block 15/06 development, offshore Angola. The development plan involves relocation of the existing FPSO
The Norwegian Government has decided to award 24 production licenses in the 21st licensing round. The awards in the 21st licensing round include 12 production licenses in the Norwegian Sea and 12 production licenses in the Barents Sea. “The 21st licensing round will lay a foundation for further expl
EMAS Production is set to take delivery of one of Vietnam’s largest Floating Production Storage and Offloading (FPSO) vessels from Keppel Shipyard Limited (Keppel Shipyard), on behalf of owner PV Keez Pte. Ltd (PV Keez). To be managed and operated by EMAS Production, FPSO Lewek EMAS has been charter
EMAS, leading integrated support and marine services provider in the offshore oil and gas (O&G) sector and operating brand for Ezra Holdings Limited , secures new subsea and offshore services contracts from the world’s top energy companies. The project from Noble Energy, a leading independent intern
Dockwise Ltd. announces the sale of type IV vessel MV Explorer to optimize the composition of the company’s fleet with an increasing focus on value add cargoes. MV Explorer has been sold to an undisclosed buyer, who previously bought MV Enterprise as well. MV Explorer will be delivered to the buyer
All contracts and approvals related to Statoil’s sale of 40% of the Peregrino field offshore Brazil to Sinochem Group were formally closed on 14 April. Statoil maintains 60% ownership and the operatorship of the field, which safely and efficiently started production last week. The deal, which was fi
OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Albian section of well 1-OGX-33-RJS, which is located in the BM-C-41
During the period 28 February – 3 March 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of electrical systems and process safety on Ekofisk 2/4 Bravo and 2/4 Kilo. The audit activity was carried out in the form of a meeting with the operations organisation at ConocoPhillips (C
Halliburton has been awarded a contract by Statoil to provide integrated drilling and well services offshore Norway with options up to eight years in duration with extended scope and activity. Traditionally, Statoil has procured drilling and well services on a discrete basis. This is the first time
The project manager of the South Pars gas field phase 12 at the Pars Oil and Gas Company (POGC), Rasoul Fallahnejad, says the phase’s gas pipe laying has been completed. He went on to say that, laying operation in lines A and B respectively with 149 and 140 kilometers had been completed and the line
After the BRICS Interbank Cooperation Mechanism Annual Meeting and Financial Forum, Petrobras’ CEO, José Sergio Gabrielli de Azevedo, its CFO and Investor Relations Director, Almir Barbassa, and company executives were welcomed today (April 13) by the chairman of the China Development Bank, Chen Yua
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction Group has received a contract from Statoil Petroleum AS for the pre-front-end engineering (pre-FEED) for the Snøhvit Future Development Project at Statoil’s Melkøya-based LNG facility on Melkøya Island app
