VAALCO Energy, Inc. has announced that Well 2-H in the Ebouri field, offshore Gabon, has been temporarily shut-in to determine the cause of pressure communication between the tubing and casing annuli. At the time of shut-in, Well 2-H was producing approximately 2,500 gross barrels of oil per day, 70
Nimrod Sea Assets has completed its fifth purchase for USD 9.6 million by way of a 51% stake in Altus Subsea DIS which will purchase the Remote Operated Vehicle Support Vessel (ROV SV) Altus Invictus from Hallin Marine currently under bareboat charter to Marine Engineering and Diving Services (MEDS)
P/F Atlantic Petroleum, an oil company based in Tórshavn, Faroe Islands, is reducing its oil production forecast for the year. The company today announced that during the month of October, Atlantic Petroleum produced a net total of 51,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick a
ConocoPhillips has announced the Kamoxi-1 exploration well in Block 36 offshore Angola in the Kwanza Basin has been drilled to a total depth of 22,660 feet. The well will be plugged and abandoned as a dry hole. An after-tax charge of approximately $140 million net to ConocoPhillips will be recorded
Ofgem has today granted TC Lincs OFTO Limited a licence to own and operate the transmission link to the Lincs wind farm. Lincs is located eight kilometres off the coast of Skegness and comprises 75 turbines generating 270MW, which is enough to provide clean energy to 200,000 homes. The project links
Ineos ordered two additional ethane carriers known as “Dragon Ships” from Evergas.
From 11 to 24 September 2014, the Petroleum Safety Authoority (PSA) Norway carried out an audit of Statoil focused on the company’s management of emergency preparedness on the Snorre B platform located in the Norwegian North Sea. The PSA says that the objective of the audit was to gain an overview o
Keppel’s unit Keppel Gas signed a deal with Petronas LNG to buy 1 million tonnes of LNG per year over a period of 10 years.
Shell has received consent from the Petroleum Safety Authority (PSA) Norway to use Transocean Barents to drill a production well at Ormen Lange, in the Norwegian Sea. Ormen Lange is a gas field located in the southern part of the Norwegian Sea. Norske Shell AS (Shell) is the operator of the field, w
Ophir Energy has announced the signature of an amendment to the Block R PSC, off Equatorial Guinea, that establishes gas fiscal terms within the PSC and a fiscal framework for the FLNG project. Ophir said that the amendment has been agreed in Malabo and will be signed later today (November 4) by the
ATLAS ELEKTRONIK UK Ltd (AEUK) has been awarded a $5.6 million (£3.5 million) three year contract for the provision of underwater defensive aids research. The exciting three year contract was awarded by Dstl to provide research into a future torpedo countermeasures system for surface ships and subma
Mubadala Petroleum, Operator of the Manora Oil Development joint venture, has informed that drilling of the MNA-07 and MNA-08 development wells, in the Gulf of Thailand, has now started and the MNA-05 well has been completed. Platform commissioning at Manora is well underway with hook up and commiss
Kotug Rotortugs are assisting all LNG vessels at the Brunei export plant from the start of October 2014.
LNG player GDF Suez and Shenergy Group signed an agreement to jointly explore energy development opportunities in Shanghai.
