Statoil ASA has together with its partners Eni Norge AS and Petoro AS made a small gas discovery in the Nunatak prospect in PL532 in the Barents Sea. Well 7220/5-2, drilled by the rig West Hercules, encountered gas in rocks of Cretaceous age. Based on the present evaluation the discovery is consider
Petrel Resources plc announces that it has agreed to farm-out 85% of its Atlantic Porcupine Basin holding to Woodside, Australia’s largest independent oil and gas company. The agreement covers all of Petrel’s participating interest in Licensing Option 11/6 (comprising offshore blocks 45/6, 45/11, 45
Oceaneering International, Inc. announced that it has secured a contract with Exxon Mobil Corporation to supply a production control umbilical for its Julia field development located in the Gulf of Mexico Walker Ridge block. The order is for an electro-hydraulic, steel tube umbilical approximately 1
Further to the article on TRACERCO™ Discovery that was recently released, the Company has issued a video to present their new technology. TRACERCO™ Discovery was developed in cooperation with Statoil as a response to the operational needs of oil companies to detect hydrate restrictions and verify in
SapuraKencana Petroleum Berhad (“SapuraKencana”) announces that its subsidiary Sapura Navegação Marítima S.A., Brazil (“SNM”) has been awarded contracts from Petrobras to charter and operate three Pipe Laying Support Vessels (“PLSV”). The value of the contracts is approximately USD 2.7 billion. The
Aberdeenshire-based oilfield service company ROMAR International has been awarded two contracts with a combined six figure value in South East Asia with two major oil and gas operators. This is the first contract win for the company since recently expanding into the region with local representative,
Serica Energy plc announces that it has reached agreement with Centrica through its subsidiary Hydrocarbon Resources Limited (“HRL”) for the farm-out of UK East Irish Sea Blocks 113/26b and 27c (Licence P.1482), in which Serica presently holds a 65% interest. Under the agreement, HRL will acquire an
Survey Equipment Services (SES) Inc., Katy TX. has further strengthened its lease pool in the Gulf of Mexico by continuing its investment in Sonardyne 6G subsea positioning technology. This latest acquisition is for a Ranger 2 subsea tracking system, the fifth delivered to SES since the beginning of
Faroe Petroleum, the independent oil and gas company focussing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company has a material and active investment programme ahead, which is fully funded
The Petroleum Safety Authority Norway (PSA) will hold a flexible risers seminar on Tuesday, 26 November 2013. The seminar will focus on integrity, learning, sharing experience, continuous improvement and prevention of major accidents. The background for the seminar is a number of incidents in connec
Ithaca Energy Inc. reports estimated second quarter 2013 production results and provides an operational update ahead of its 2013 Annual and Special Shareholders Meeting. Q2-2013 Production With three days to the end of the quarter, net export production in Q2-2013 is anticipated to be close to 14,00
For the first time oil and gas operators are offered with the opportunity to scan from the outside, of any coated pipeline without process intervention for both flow assurance and integrity issues. Tracerco’s ground breaking technology has resulted in a simple, low risk, rapid solution to gain infor
Ongoing experience of MacGregor’s offshore cranes has played a significant role in BOURBON ordering another 150-tonne active heave-compensated subsea MacGregor crane. MacGregor, part of Cargotec, has won an order for a 150-tonne active heave-compensated (AHC) subsea crane from leading offshore oil &
ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contra
