InterMoor, an Acteon company, is finalising a joint venture agreement with Century Energy Services Ltd (Century) in Nigeria. This will be a locally registered company and fully compliant with the Nigerian Oil and Gas Industry Content Development Bill, 2010. For InterMoor, securing a joint venture wi
Hyperdynamics Corporation today announced that Tullow Guinea Limited provided notice to the Government of Guinea and the other members of the Consortium that Tullow has lifted, with effect from 3 May 2014, its declaration of Force Majeure under the Production Sharing Contract (PSC) and the Joint Ope
British Columbia Premier Christy Clark and Tan Sri Dato’ Shamsul Azhar Abbas, Group CEO and President of Petronas signed a letter of intent to work collaboratively to secure long-term investments in British Columbia’s LNG industry. “Securing this commitment from Petronas shows that our strategy for
Atlantic Petroleum has announced that during the month of April, Atlantic Petroleum produced a net total of 53,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields. The average daily production was 1,767 boe per day net. Production was lower than in March due to minor
Statoil has received consent to carry out exploration drilling of well 7324/2-1 Apollo in production licence 615 in the Barents Sea using the Transocean Spitsbergen mobile drilling rig. Water depth at the site is approx. 430 metres. Drilling is planned to begin in May 2014, with a duration of around
AWE Limited has reported that as at 11:00 hours (11.00am NZDT) today the Pateke-4H development well has been drilled to a revised measured total depth of 4,772m, including a 749m horizontal section through the reservoir, and installation of a 6 5/8 inch slotted production liner has been completed. T
Expro has announced a $2 billion order book celebrating the end of its 40th year. This milestone was achieved at the end of Expro’s 40th anniversary year, thanks to a number of contract wins, including almost $500 million in the last quarter alone. Expro attributes this success due to its market-lea
Gasum and the Lyse Group concluded the acquisition of Skangass on 2nd May. This resulted in Gasum acquiring 51% of the LNG distribution business from the Lyse Group. “The Skangass acquisition supports our strategy and the Finnish Government’s goal of speeding up the construction of LNG infrastructur
Wood Group has delivered engineering support to the Subsea Well Response Project, a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the expertise of
BBC Chartering said that the company’s vessels supported two Australian LNG projects. The BBC Kibo and BBC Europe supported project works in the Julimar and the Wheatstone fields by feeding the so called “displacement initiator frames”. The company’s vessels also shipped pressure tanks for the Austr
Siem Offshore and Subsea 7 have entered into a charter agreement for the Offshore Subsea Construction Vessel (“OSCV”) “Siem Stingray”, which is under construction in Norway. The agreement is made at market terms and is for a firm period of three years with two yearly options. The Siem Stingray is de
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-built 3D EM vessel wi
Nido Petroleum Limited on behalf of the Service Contract 63 Joint Venture partners Nido Petroleum Philippines Pty Ltd, PNOC-Exploration Corporation and Dragon Oil Plc, has announced that the “UMW Naga 5” jack-up rig started mobilisation from Singapore to the Baragatan location in SC 63, offshore, th
Polarcus Limited announces that Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” ve
