The lower marine riser package (LMRP) containment cap, installed on June 3, continues to collect oil and gas flowing from the MC252 well and transport them to the Discoverer Enterprise drillship on the surface. In the first 12 hours of June 9 (midnight to noon), approximately 7,920 barrels of oil we
AWE Limited advises that at 0600 hours today, the Tui SW-2 well has been drilled to total measured depth of 3,749 meters. Progress for the week was 2,176 metres. Oil shows were encountered as prognosed over 10 metres in the top of the objective F Sands. The significance of these shows will be evalua
Myanmar has started sending natural gas from the Yadana natural gas field in the Mottama offshore area to Yangon through a newly-laid… [mappress] Source:Xinhua , June 10, 2010:
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Hyperion, an anchor handling tug supply vessel built at the Fujian Shipyard in China, was delivered today, 9 June 2010, in China. The vessel is expected to leave the yard for Singapore on 14 June. Th
Noreco’s oil and gas production in May 2010 was 13,500 barrels of oil equivalents (boe) per day. Net realized oil price was USD 71 per boe after adjustments for oil put options, inventory and NGL and gas prices. Production from the four fields in the Siri area was 17,400 boe/day in total (6,500 boe/
MacDermid Offshore Solutions announced today that Steve Sanfilippo, Pierre Jeronimo and Ken McKenzie have recently joined the company to support the growth of worldwide customers for both the drilling and production control subsea fluid markets. Steve Sanfilippo has joined MacDermid Offshore Solutio
As part of its commitment to restore the environment and habitats in the Gulf Coast region, BP today announced that it will donate the net revenue from oil recovered from the MC252 spill to create a new wildlife fund to create, restore, improve and protect wildlife habitat along the coastline of Lou
Sevan and ING Bank have agreed on a term sheet, which is subject to final credit approval and documentation, for a secured bank facility of USD 230 million for FPSO Sevan Voyageur which will replace the existing 1st lien financing of USD 150 million. The net proceeds of the refinancing completes the
Orbit Alchut Technologies Ltd. and Italian telecommunications systems company Telespazio SpA will supply satellite communications systems… [mappress] Source: Globes, June 9, 2010:
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA („PGNiG”) reports it was notified that on Licence PL212, near the Skarv gas and oil field, PGNiG Norway AS (a wholly-owned subsidiary of PGNiG) and its license partners discovered gas deposits in the Snadd North prospect. The recover
Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, today announces a placing of 17,320,000 new ordinary shares (“Ordinary Shares”) at a price of 280 pence each (the “Placing Price”) to raise £48.5 million before expenses (the “Placing”). Rockhopper to raise £48.5 m
Tullow Oil plc (Tullow) announces that the Mahogany-5 appraisal well has continued the successful appraisal of the area immediately to the southeast of the Jubilee Field offshore Ghana. The results of drilling, wireline logs and reservoir fluid samples show that the well penetrated a total net oil p
Diamond Offshore Drilling, Inc. (NYSE:DO) today confirmed that there have been no leaks of hydrocarbons from the semisubmersible drilling rig Ocean Saratoga. The rig is under contract to Taylor Energy Company LLC and engaged in the process of plugging and abandoning wells damaged when a Taylor Energ
Kairiki Energy Limited (“Kairiki”) has been advised by Nido Petroleum Limited, the Operator of SC54A, that an extensive drill-stem testing programme (DST) has now been completed on the Tindalo-1 well with a maximum oil flow rate measured of 18,689 bbls/d, surpassing Kairiki‟s pre-test flow rate expe
