Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that it has signed an agreement with San Leon Energy Plc which will see Providence increase its working interest in Standard Exploration Licence 1/11 from 50% to 80%. Under
Chevron’s deep sea natural gas project offshore East Kalimantan may start production in 2015, according to BPMigas. The site is expected to produce as much as 400 million cubic feet a day of natural gas, BPMigas spokesman stated. BPMigas data shows Bangka as one of three parts in Chevron’s Indonesia
Subsea well intervention specialist Helix Well Ops UK (Well Ops), a business unit of international energy services company Helix Energy Solutions Group (Helix ESG), has been awarded a multi-service contract by Talisman Energy (UK) Limited. The contract will see the Aberdeen-based firm carry out a nu
Shell announces that it has obtained additional information on the incident at the Bonga offshore facility, 120 km off the Nigeria coast. They now assess that up to 50% of the leaked oil has already dissipated due to natural dispersion and evaporation. As satellite pictures have shown, the overall a
Engineering and construction company Clough Limited announced that it has completed the sale of its Marine Construction business to SapuraCrest Petroleum Berhad for gross proceeds of approximately AUD 127 million and on the terms previously reported in the company’s ASX Announcement of 8 August 2011
MEO Australia Limited provides the following update with respect to activities being carried out by the permit operator, Eni Australia Ltd (Eni), in NT/P68. Bathurst 3D Seismic Survey The CGG Veritas seismic vessel, M/V Veritas Viking II commenced acquisition of the 698 km2 Bathurst 3D Seismic Surve
Aker Solutions has signed a letter of intent with Det norske oljeselskap to conduct a front-end engineering and design (FEED) study for Draupne. This is the first major contract Aker Solutions´ London office is awarded in the competitive market. The London office is currently working on a pre-FEED s
Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $185 million from Elf Exploration UK Limited on the West Franklin Field in the Central Graben area of the North Sea. The contract scope includes engineering, procurement, fabrication, installation and commissioning of
ConocoPhillips provided further details about the compensation and environmental funds that have been established in response to two separate accidents in Bohai Bay, China. The funds, first announced in September, recognize the company’s responsibility for the accidents and demonstrate its commitmen
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
NTT Communications Corporation (NTT Com) announced that it joined numerous other telecommunications carriers in Asia in signing a contract for the construction and maintenance of the Asia Pacific Gateway (APG), an undersea cable network that is scheduled to launch by June 2014 with a total design ca
Shell Nigeria Exploration and Production Company (SNEPCo) can confirm it is responding to an oil leak at the 200,000 barrel-per-day capacity Bonga deepwater facility, approximately 120 kilometres off the Nigeria coast. The leak occurred yesterday (Tuesday December 20) during a routine operation to t
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announces the official launch of its office in St. Petersburg, Russia. The establishment of the facilities comes as part of a planned international expansion strategy, as the company is looki
Residents found out last week that chances are they won’t notice much as Deepwater Wind gets ready to plug its Block Island wind farm into… By Erin Tiernan (southkingstown) [mappress] Source: southkingstown , December 21, 2011; Image: dwwind
