The Stena Forth deep sea drilling vessel, which has been undergoing maintenance repairs off the Maine coast since June 17, is scheduled to depart the area today to continue its global mission of oil exploration. Late last week, Cianbro finished installing the last of three new propulsion units on th
Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has plugged and abandoned the Tom Su Lua-1X exploration well in Block DBSCL-01, in the Vinh Chau Graben system, offshore southern Vietnam. The DBSCL01-TSL-1X well, the first explora
FMC Technologies, Inc. announced that it has signed a four-year subsea manifold frame agreement with Petrobras , Brazil’s national oil company. The award is expected to result in approximately $300 million in revenue to FMC Technologies if all of the subsea equipment included in the agreement is ord
EnCore Oil plc provides an update on the Catcher East side-track well located in UK Central North Sea block 28/9. The 28/9-1Z well has successfully encountered excellent quality oil bearing sandstones very similar to those in the Catcher discovery well, with average porosity of approximately 34 per
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company conducting the largest private sector exploratory campaign in Brazil, announced today that it has identified an oil-bearing interval in the Albian section of well 1-OGX-14-RJS, located in the BM-C-40 block, in the shallow water
Apache Corporation today announced that its Maule Field in the United Kingdom sector of the North Sea has commenced production at approximately 11,750 barrels of oil per day. The new field was brought on production approximately eight months following the October 2009 discovery. Apache holds a 100-p
TGS announces 1 July 2010 as the official start date for the company’s new Chief Financial Officer, Kristian Johansen. Kristian’s appointment had been announced earlier; however he has been prevented from fully engaging with TGS due to commitments with his previous employer. Robert Hobbs, Chief Exec
Noble Corporation today announced that it has entered into a definitive merger agreement pursuant to which it will acquire privately held FDR Holdings Limited (“Frontier”) in a cash transaction which values the enterprise at $2.16 billion. Frontier is an independent drilling company consisting of th
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. Subsea Source Control and Containment Two systems continue to collect oil and gas flowing from the Deepwater Horizon’s failed blow-out preventer (BOP) and transport them to vessels on th
Libya will allow BP to begin drilling in its offshore deepwater region next month, despite the extensive Gulf of Mexico oil spill, the head of Libya’s National Oil Co. said Sunday. Shokri Ghanem, who serves as Libya’s de facto oil minister, said the April explosion of the Deepwater Horizon rig, and
Statoil has signed a three-year contract with Stena Drilling for hire of the Stena Don drilling rig. The contract value is USD 437 million over a period of three years. Plans call for the semi-submersible rig to be used for drilling on the Norwegian continental shelf (NCS). The rig was also under co
AWE Limited advises that the Kahu-1 well started drilling at 0600 hours (NZ Time) on 28 June, 2010. The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometres east of the producing Tui oil field. Kahu-1 will test the Kapuni group sands within a large incised valley f
Norwegian Petroleum Directorate (NPD) has granted Det norske oljeselskap ASA a drilling permit for wellbore 24/12-6 S, cf. Section 8 of the Resource Management Regulations. Wellbore 24/12-6 S will be drilled from the Songa Delta drilling facility at position 59° 3’ 54.3” north 1° 45’ 15.2” east afte
Mainboard-listed CH Offshore said it has entered into a memorandum of understanding to sell a vessel for US$9.5 million. [mappress] Source: channelnewsasia, June 28, 2010