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Business & Finance

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Project & Tenders
Lundin Spuds Norall Well Offshore Norway
Business & Finance

Lundin Spuds Norall Well Offshore Norway

Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 16/7-9 on the Norall prospect has commenced. The well is located in licence PL409 in the Norwegian North Sea. PL409 is located east of the Sleipner East Field in Block 16/7 in the North Sea. The well will target the J

about 15 years ago
Angola: Subsea 7’s New Pipelay Vessel Mobilises for First Operations
Business & Finance

Angola: Subsea 7’s New Pipelay Vessel Mobilises for First Operations

Subsea 7 Inc., one of the world’s leading subsea engineering and construction companies, today announces that the Seven Pacific – a dynamically positioned (DP), pipelay and construction ice-class vessel, designed for deepwater pipelay and offshore construction activities worldwide – has mobilised fo

about 15 years ago
Hyperdynamics Announces Addition to Its Guinea-Based Facilities and Logistics Staff
Business & Finance

Hyperdynamics Announces Addition to Its Guinea-Based Facilities and Logistics Staff

Hyperdynamics Corporation announced today that Arthur F. Meadows has joined the company as Operations Manager based in Conakry, Republic of Guinea. “With the addition of Art Meadows to our in-country Guinea staff, as well as recently contracting with AGR Peak Well Management Limited as drilling proj

about 15 years ago
EMGS Contract Award Extends BOA Galatea’s Backlog in Asia
Business & Finance

EMGS Contract Award Extends BOA Galatea’s Backlog in Asia

Electromagnetic Geoservices ASA (EMGS) has recently been awarded a contract worth USD 4 million to perform several 3D EM surveys in Asia. Data acquisition will start in early January from the vessel BOA Galatea (photo), following completion of a work programme for Woodside in Australia. The contract

about 15 years ago
Norway: Havyard Delivers New PSV to Global Offshore Services
Business & Finance

Norway: Havyard Delivers New PSV to Global Offshore Services

On Wednesday 1st December 2010 a Havyard 832 L SE platform supply vessel was delivered in Bergen to Global Offshore Services B.V., a 100 % subsidiary of Garware Offshore Services Ltd. Newbuild no.105 by Havyard Leirvik AS shipyard is named Beaucephalus. Godmother at the naming ceremony was Shefali B

about 15 years ago
Faroe Petroleum Announces Farm-out of Fulla Exploration Well, West of Shetlands
Business & Finance

Faroe Petroleum Announces Farm-out of Fulla Exploration Well, West of Shetlands

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announced the farm-out to Canadian Overseas Petroleum Limited (“COPL”), of West of Shetland licence P.1161 and the as

about 15 years ago
Cost Remains an Issue in Developments of Wind Turbines (USA)
Business & Finance

Cost Remains an Issue in Developments of Wind Turbines (USA)

New Jersey is far out in front of other East Coast states with its plans for offshore wind power — and could become a front line in the gathering political battle between old and new energy industries. Four proposed projects would build up to 1,750 megawatts of wind-driven power off New Jersey. One

about 15 years ago
Petrofac Acquires Interest in UK Gas Storage Company
Business & Finance

Petrofac Acquires Interest in UK Gas Storage Company

Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, f

about 15 years ago
USA: Buccaneer Energy Limited Announces Funding For Jack-Up Rig Acquisition
Business & Finance

USA: Buccaneer Energy Limited Announces Funding For Jack-Up Rig Acquisition

Buccaneer Energy Limited advises that due diligence investigations by the Alaskan Industrial and Development Export Authority (“AIDEA”) in respect to AIDEA making a direct equity investment into the Company’s wholly owned subsidiary Kenai Offshore Ventures, LLC (“Kenai Offshore”) is preceding satisf

about 15 years ago
Falkland Islands: Desire Petroleum Far From Happy with Rachel North Exploration Well Results
Business & Finance

Falkland Islands: Desire Petroleum Far From Happy with Rachel North Exploration Well Results

Desire Petroleum plc the oil and gas company wholly focussed on the North Falkland Basin, today provides the following update on the latest logging results from the 14/15-2 Rachel North well which, following additional wireline data, will be plugged and abandoned with oil shows . The results from th

about 15 years ago
Valiant Hits Dust off UK
Business & Finance

Valiant Hits Dust off UK

Valiant Petroleum plc (“Valiant”) announces that its Don Southwest ‘H’ Panel exploration well (211/18a-28) has reached total depth of around 11,150 feet (3,400 metres). The well encountered a Brent sand formation with low oil saturations, indicative of a residual oil column which has been breached.

about 15 years ago
Philippines: Nido Announces Tindalo Operations Update
Business & Finance

Philippines: Nido Announces Tindalo Operations Update

Nido Petroleum Limited(Nido), as Operator of Service Contract 54A (SC 54A), wishes to provide this update on the well testing of the Tindalo-1ST1 following the completion of recent workover operations. To allow the greatest chance of test results being a true indication of the flow characteristics o

about 15 years ago
Brazil: Sevan Driller Could Be Back in Action Soon
Business & Finance

Brazil: Sevan Driller Could Be Back in Action Soon

Further to announcements made on November 5, 8 and 19, 2010, all ten ST locks on the BOP have been replaced. The BOP has been lowered to the seabed and testing has been completed. In cooperation with Petrobras, preparations are ongoing to recommence drilling operations, following which the rig will

about 15 years ago
MEO Australia Announces Artemis-1 Progress Report No. 5
Business & Finance

MEO Australia Announces Artemis-1 Progress Report No. 5

MEO Australia Limited advises that since the last progress report, the BOP’s have been run and tested. The 12-¼” hole commenced drilling at 21:30 hrs (Perth time) on Friday 3rd December and has been drilled to a depth of 2,936m. The well was shut in at 18:00 hrs on Sunday 5th December after encounte

about 15 years ago
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