Northern Petroleum has successfully tested its UK Markwells Wood oil field and flowed oil to the surface. Northern said a core sample has been recovered from the Markwells Wood 1 well which flowed oil to the surface, after the well was drilled to a dept of 4,584 feet (1397 metres) sub-sea. Northern
FMC Technologies has signed a five-year Enterprise Framework Agreement (EFA) with Shell to supply subsea and topside systems for the Cardamom Deep project in the United States Gulf of Mexico.
Cape is delighted to announce that its newly formed “SOCAR CAPE” Joint Venture has been awarded a contract by Amec-Tekfen-Azfen (ATA) Alliance to deliver access services for the fabrication of West Chirag Platform topsides in Azerbaijan. The West Chirag Platform, which consists of a steel jacket in
Niko Resources Ltd. announced that it has reached an agreement with Sonde Resources Corp. (“Sonde”), under which Niko will acquire Sonde’s 25% interest in Block 5(c), located 94 kilometers off the east coast of Trinidad. The transaction is to be satisfied at closing via US $75.5 million in cash, and
Japan Energy Australia is using the RMR® system from AGR Drilling Services to ensure the drilling of its first exploration well in Australia goes as smoothly as possible. In a deal worth an estimated $650,000US, the Riserless Mud Recovery system from AGR DS is being used by Japan Energy on its North
SeaEnergy (AIM: SEA) today announces that it has agreed an extension to the terms of an existing £3.8 million loan facility until 31 January 2011, the facility is provided by LC Capital Master Fund, Ltd (“LC”), a major shareholder in SeaEnergy. This follows an announcement on 30 September 2010 that
Bergen Group Fosen has signed a contract with Volstad Maritime AS to build a large high end offshore vessel. The contract has an estimated value of NOK 725 million, and the ship is scheduled for delivery in 2(nd) quarter 2012. The signed contract is subject to final board approval and financing, whi
With very little fanfare, the major component of the latest phase of the Ocean City beach replenishment project wrapped up quietly last week… By Shawn J. Soper (mdcoastdispatch) [mappress] Source: mdcoastdispatch, December 24, 2010;
With Rhode Island Sound now looming as the next frontier for wind development near the Vineyard, the Ocean State’s Gov. Donald Carcieri summed up his state’s energy policy this month with a single phrase: “Spin, baby, spin!” The governor spoke at Roger Williams University on Dec. 10 at a meeting of
Korea Gas Group is to boost its LNG fleet through an order for four LNG ships next year. “The four carriers will be deployed for specific co… (seatrade asia) [mappress] Source: seatrade asia, December 24, 2010;
Another item on the city’s request list for the state is money to help fund the Port of Anchorage expansion project. At $20 million, it’s… By Jason Lamb (ktuu) [mappress] Source: ktuu, December 24, 2010;
CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that the Company has entered into definitive agreements dated December 21, 2010 with certain accredited investors (the “Investors”) to sell in a registered direct off
Norwegian Energy Compan ASA : Chief Financial Officer (CFO) Jan Nagell has resigned his position in Noreco, and will step down by 1 February 2011. The company has appointed Erik Borg as acting CFO from the same date. Erik Borg (52) has been Finance Manager for Noreco’s operations in Denmark since 20
Tap Oil Limited (“Tap”) is pleased to advise that the Kan Tan IV semi-submersible drilling rig commenced drilling the Craigow-1 well at 03:00 hrs (EST) on 24 December 2010. The Craigow prospect is an anticlinal trap defined on 3D seismic data, in a good location for both reservoir quality and oil ch
