Maersk Oil has entered a collaborative 4-year research project that aims to increase oil recovery and prolong operations in the Danish North Sea by using biotechnology to create efficient, viable and environmentally safe solutions to the challenges of maturing oil and gas fields. The ‘Biotechnology
Marathon Petroleum Norge AS (Marathon) has received consent to carry out manned underwater operations (MUO) at the Volund and Alvheim fields in 2011. Alvheim Alvheim is an oil and gas field in the northern part of the North Sea, near the UK shelf border. The field has been developed with a productio
Total E&P Norge AS has received consent to conduct exploration drilling of well 7225/3-1 in the Barents Sea with the West Phoenix mobile facility. The well will be drilled in production licence 535, with Total E&P Norge AS (40%) as the operator. The other licensees are Det norske (20%), RockSource (
Ithaca Energy Inc.announces combined sales for the first quarter totalled 314,340 barrels of oil equivalent (“boe”) net to Ithaca. The Company’s sales volumes in Q1 2011 include contributions from the Beatrice and Jacky oil fields and from the Anglia and Topaz gas fields and are summarised as follow
Sonde Resources Corp. (“Sonde” or the “Company”) announces the appointment of Mr. W. Gordon Lancaster to the Company’s Board of Directors, effective April 5, 2011. Mr. Lancaster will stand for election at the Company’s Annual General Meeting of Shareholders. In addition, the Board appointed Mr. Lanc
Ophir Energy plc (Ophir)announces that a subsidiary has entered into agreement with Ras Al Khaimah Gas Tanzania Ltd (RAKGas) to acquire a 70% interest and Operatorship of a Production Sharing Agreement (PSA) over an area designated as the East Pande Block in Tanzania. Completion of this agreement is
Coastal Energy Company (the “Company” or “Coastal”) announces the successful results of the Bua Ban North A-04 well. The Bua Ban North A-04 well was drilled to 6,417 feet TVD to test Miocene and Upper Oligocene targets in an upthrown block west of the discoveries in the A-01 well. The well encounter
Operator of BM-S-9 and BM-S-11 Consortia to Subsea 7 Inc., a wholly owned subsidiary of Subsea 7 S.A., of approximately $1 billion for the development of the Pre-Salt deepwater Guará and Lula NE Areas located in the Santos Basin, offshore Brazil, in water depths of approximately 2,200 metres. The pr
Halliburton has been awarded several contracts by Statoil to provide services for two high-pressure/high-temperature (HP/HT) fields offshore Norway. Halliburton estimates that these significant multiyear awards have the potential to exceed more than $200 million in value. Under these contracts, Hall
Yesterday, Representatives Bob Goodlatte reintroduced the “Virginia Access to Energy Act”. This important legislation allows for the exploration of natural gas and crude oil in Virginia’s waters of the Outer Continental Shelf (OCS). The legislation requires the Department of Interior to proceed with
COSL Drilling Europe AS (COSL) received a new Acknowledgement of Compliance (AoC) for the COSL Rigmar mobile living quarters facility (formerly Port Rigmar) on 31 March 2011. Port Rigmar received an AoC for the first time in June 2008. COSLRigmar (pictured) is a mobile living quarters facility (jack
Philippe Léopold Louis Marie, Crown Prince of Belgium, Duke of Brabant, visited the LUKOIL Headquarters in Moscow yesterday. His Royal Highness arrived in Russia as Head of the Belgian Economic Mission represented by ministers, state officials and businessmen. The delegation met with Vagit Alekperov
So far participation of 40 countries at the 16th International Oil, gas, refining and petrochemical exhibition in Tehran has been made certain, Director General of the petroleum ministry’s public relations department, Mr. Porsan announced here. He said 1390 companies from Iran and other countries wi
The next generation of Kongsberg Maritime’s Emergency Acoustic BOP (BlowOut Preventer) Control System, the ACS500 uses the new proprietary Kongsberg Maritime ‘Cymbal’ signal processing protocol for optimal data communication at long distances and has a depth rating of 4000m. It is a robust, reliable
