Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is announces that it has signed a rig contract securing the Maersk Guardian jack-up rig (photo) to drill the Clapton pros
A/S Norske Shell, operator of production licence 392, is in the process of completing the drilling of wildcat well 6603/5-1 S (Dalsnuten). The well has been drilled about 50 km northeast of the 6603/12-1 (Gro) gas discovery in the Norwegian Sea, and about 410 km west of Sandnessjøen. The objective o
Husky Energy Inc.announced today several cornerstone strategic initiatives intended to accelerate near-term production and reserve growth and to secure its medium and long-term growth opportunities. At the same time, the Company announced key elements of its financing plan, which is directed towards
Tap Oil Limited (“Tap”) is pleased to advise that the Operator of WA-290-P, Apache Northwest Pty Ltd (“Apache”) has advised that the Stena Clyde semi-submersible drilling rig is currently running anchors at the Zola-1 drilling location and the well is expected to spud in the next 24 hours. Once comm
The SURF (subsea umbilical riser and flowline) installation market is expanding and pushing into ever-deeper waters. At the same time IHC Engineering Business (IHC EB) has seen a dramatic expansion of its range of pipe and cable lay systems, with a number of large scale projects delivered, or ongoin
Reference is made to earlier announced LOI for rebuilding of the seismic vessel “Geowave Master” with a total estimated value of NOK 160 – 170 million(Approximately USD $ 24 million). Bergen Group has, through its subsidiary Bergen Group Halsnøy AS, now signed a final contract for this rebuilding. T
TGS announces a second 2D seismic survey offshore Indonesia Southwest Sumatra (SMi10) in the forearc basin along the Sundaland Margin. The survey will add 2,700 km of new 2D data to infill the existing 6,900 km of multi-client data acquired in 2009. The previous seismic in the area has revealed a th
Hyperdynamics Corporation announced that it signed a contract with AGR Peak Well Management Limited, based in Aberdeen, Scotland, to manage its exploration drilling project offshore the Republic of Guinea. AGR will handle well construction project management services, including logistics, tendering
Det norske oljeselskap ASA has as operator in PL 341, found indications of gas in the Stirby Deep prospect in the Viking Graben in the North Sea, 75 km south of Sleipner. The well data indicates gas/gas condensate under high pressure in a 70 meters thick sandstone with low porosity at 4870 meters be
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Angklung-1 exploration well in the Bontang PSC, East Kalimantan, Indonesia, has been completed as an oil and gas discovery. Salamander is operator of the Bontang PSC with a 100% in
CNOOC Limited announced that Bridas Corporation (“Bridas”), a 50/50% joint venture between CNOOC International Limited (“CNOOC International”) and Bridas Energy Holdings (“BEH”), entered into a share purchase agreement with BP PLC(“BP”), pursuant to which Bridas will acquire 60% equity interest in P
Anadarko Petroleum Corporation today announced its third major natural gas discovery this year in the Offshore Area 1 of Mozambique’s Rovuma Basin at the Lagosta prospect. The discovery well encountered a total of more than 550 net feet of natural gas pay in multiple high-quality Oligocene and Eocen
Noble Energy, Inc. announced that it received notice from the government of Ecuador regarding the termination of the Block 3 production sharing contract (PSC) with EDC Ecuador Ltd., a subsidiary of Noble Energy. A recently enacted hydrocarbon reform bill required that all existing PSCs be renegotiat
Greenland announced today that Maersk Oil has been awarded a licence covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km – about one fourth of the total size of Denmark. Nunaoil, Greenland’s national oil company, will be a partner with a 12.5% inte
