Petrobras CEO, José Sergio Gabrielli de Azevedo, spoke on Tuesday (03/29) about the global energy scene during the 2011 Conference of the ARPEL – Regional Association of Oil, Gas, and Biofuels Sector Companies in Latin America and the Caribbean -, held in Punta del Este, Uruguay. During his address,
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth 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. Th
The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi announced. He said that about $60 billion will be allocated to the upstream projects
OSX Brasil S.A. (“OSX”), a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, announces that O
Solstad Offshore ASA (SOFF) has entered into two long term contracts with Petrobras SA for the “Normand Mariner” and “Normand Master” (23.500 bhp AHTS build in -02 and -03). The two contracts have a duration of 4 years firm with an option to extend each contract for an additional 4 more years. The v
The oil industry has signed contracts with three suppliers for the purchase of new oil spill contingency equipment to protect the coast of Finnmark. 75 per cent of these investments will go to companies from northern Norway. The equipment will be located in depots to be established in Hasvik and Mås
PTT Exploration and Production Public Company Limited (PTTEP) announces that PTTEP Sidi Abd El Rahman Company Limited (a subsidiary of PTTEP), has withdrawn the entire 30% participation interest from Sidi Abd El Rahman Offshore Project in the Arab Republic of Egypt after fulfillment of the explorati
Desire Petroleum plc the oil and gas company wholly focussed on the North Falkland Basin announces that the 14/15-3 exploration well on the Ninky prospect was spudded at 02.45 BST on 29 March 2011. The prospect is a combined structural dip and stratigraphic pinch-out trap with multiple reservoir tar
TGS announces that it will conduct extensive reprocessing of over 13,550 km of 2D multi-client seismic data located in waters off the Faroe Islands. This project, designated Offshore Faroe Reprocessing 2011, will extend to the UK/Faroe border. The data for the reprocessing has been made available by
Station711, the mobile satellite arm of RRsat Global Communications Network Ltd (NASDAQ: RRST), an innovative and flexible mobile satellite communications provider, announced today that it has signed a contract for the provision of Inmarsat FleetBroadband services to Swire Pacific Offshore (SPO) in
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 at 06:00 hours WST (Western Standard Time) on Monday, 28 March 2011, the well was at a depth of 3,653m MDRT (measured depth below rotary table) and wa
This will be the year Statoil is planning and realising several fast-track developments on the Norwegian continental shelf (NCS). Two new projects are being launched these days, namely Gamma/Harepus and Snorre B template. A plan for development and operation (PDO) of Gamma/Harepus is to be submitted
ST Marine has delivered its first seismic survey vessel to Swire Pacific Offshore Operations. In December 2008, ST Marine announced the S$30 million (US$24 million) contract to provide detailed design and to construct the 68-metre vessel for Swire. Work commenced in 2009. The contract from Swire was
Ithaca Energy Inc. announces that drilling of the J03 well on the Jacky field has now recommenced, as previously stated. The Energy Enhancer drilling unit is now fully operational following successful repair to the drilling mud handling system onboard the rig. Production from J01 was briefly suspend