CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced today the results of an independent engineering report prepared by Netherland, Sewell & Associates, Inc. (NSAI) estimating the total resource in place in CAMAC Energy’s OM
Sub-Saharan focused Tower Resources still plans its first offshore well in Namibia by the end of 2011, the company revealed today. By Giles Gwinnet (Proactive Investors) [mappress] Source:Proactiveinvestors , April 13, 2011
GL Noble Denton, the global independent technical advisor to the oil and gas industry, has partnered with control system software testing specialist Marine Cybernetics, to improve performance, reliability and planning for all types of offshore vessels. The partnership will see GL Noble Denton’s Dyna
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has been awarded a contract in West Africa with an international oil company. The survey duration is estimated to be up to 5 weeks. The survey will be acquired with RXT1 and RXT4, and is scheduled to commence in April. Ac
Seadrill has entered into an agreement to sell the newly built jack-up drilling rig West Juno to an undisclosed buyer incorporated in UK for a total consideration of US$248.5 million. Seadrill expects to record a gain on sale of approximately US$18 million on closing. Closing of the agreement and th
Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired d
Woodside has selected MODEC as one of two companies to perform the Front End Engineering Design (FEED) for two (2) Dry Tree Units (DTUs) for the Browse LNG Development (Browse). Woodside is Australia’s largest publicly traded oil and gas exploration and production company and one of the world’s lead
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that the well has reached its total depth (TD) of 3,963m MDRT (measured depth below rotary table). Since the last progress report of 11 April 2011, when th
Early March, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully installed world’s largest Offshore Mast Crane onboard the “Seven Borealis”Pipelay / Heavy Lift vessel in four days only. This crane installation is considered as the heaviest and logistically mos
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled in
Nexen Exploration Norge AS, operator of production licence 434, has completed the drilling of wildcat well 6507/8-8. The well was drilled about seven kilometres southeast of the Heidrun field. The purpose of the well was to prove petroleum in Lower Jurassic reservoir rocks (the Tilje and Åre formati
Strategic Marine has secured a contract with JCB Oil & Gas Services Sdn Bhd, a Malaysian company involved in providing services to the expanding oil and gas sector in the country. Under the contract JCB Oil & Gas will purchase two 40 metre Crew Boats (with a further option for two additional vessels
Trelleborg’s acquisition of a business in the offshore oil and gas industry in Brazil from a subsidiary of Veyance Technologies has been finalized. The business focuses on specially designed oil hoses for surface and deep-sea applications for the strongly growing offshore oil and gas extraction indu
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG SA) is completing preparations to produce oil and gas from the Skarv field on the Norwegian Continental Shelf (NCS). In early May 2011, a floating production, storage and offloading (FPSO) vessel will arrive at the drilling site. The FPSO is the worl
