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Business & Finance

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Project & TendersAuthorities & Government
Norway: Eni Norge ASA Gets Green Light for Drilling in Barents Sea
Business & Finance

Norway: Eni Norge ASA Gets Green Light for Drilling in Barents Sea

The Norwegian Petroleum Directorate has granted Eni Norge ASA a drilling permit for well 7210/12-5, cf. Section 8 of the Resource Management Regulations. Well 7210/12-5 will be drilled from the drilling facility Polar Pioneer at position 71°11’57.99” north and 20°54’54.57” east. The drilling program

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

Philippines: Nido Petroleum Limited Announces Tindalo Operations Update

Nido Petroleum Limited (Nido), as Operator of Service Contract 54A (SC 54A), provides an update on the ongoing operations at Tindalo. Since the last update: • production continued whilst specialized diagnostic equipment was mobilised to the Aquamarine Driller; • a suite of diagnostic testing has bee

about 15 years ago
Cyprus: Prosafe Production Announces 3rd Q 2010 Interim Update
Business & Finance

Cyprus: Prosafe Production Announces 3rd Q 2010 Interim Update

Prosafe Production, a leading owner and operator of Floating Production, Storage and Offloading vessels (FPSOs), announces interim financial report for 3rd quarter 2010: · Operating result before depreciation and restructuring charges of USD 56.8 million · Extension of contract for Abo FPSO · Produc

about 15 years ago
Iraq: Leighton Offshore Wins $733 Million Crude Oil Export Facility Project
Business & Finance

Iraq: Leighton Offshore Wins $733 Million Crude Oil Export Facility Project

Leighton Offshore announced the signing of an EPC contract with Iraq’s South Oil Company to install three single point moorings (SPMs) and 120 kilometres of 48- inch pipelines in the Arabian Gulf, offshore Iraq. The project will provide enhanced export facilities from the Fao Terminal near Al Basrah

about 15 years ago
UK: Xcite Energy Announces 9/3b-6 Well Update
Business & Finance

UK: Xcite Energy Announces 9/3b-6 Well Update

Xcite Energy Ltd announced that the 9/3b-6 well on the Bentley field is progressing on plan, on schedule and has reached target depth for the first part of the planned work programme, the pilot section of the well. The pilot section confirmed 113ft oil column, some 40ft thicker than the 73ft prognos

about 15 years ago
Eni Announces Successful Appraisal and Testing of Cabaca South East, offshore Angola
Business & Finance

Eni Announces Successful Appraisal and Testing of Cabaca South East, offshore Angola

Eni and Sonangol announce the successful appraisal and testing of Cabaça South East major oil discovery in Block 15/06, located offshore Angola. The Cabaça South East-2 well, located in 470 meters water depth, at a distance of about 100 km from the coast, successfully appraised the Cabaça South East

about 15 years ago
BP to Sell Interests in Four Gulf of Mexico Fields to Marubeni for $650 million
Business & Finance

BP to Sell Interests in Four Gulf of Mexico Fields to Marubeni for $650 million

BP today announced that it has reached agreement to sell its recently-acquired interests in four mature producing deepwater oil and gas fields in the US Gulf of Mexico to Marubeni Oil and Gas for $650 million. BP acquired the interests in the fields – Magnolia, Merganser, Nansen and Zia – from Devon

about 15 years ago
Philippines: Shell Buys Stake in Highly Prospective SC 54B Block, NW Palawan Basin
Business & Finance

Philippines: Shell Buys Stake in Highly Prospective SC 54B Block, NW Palawan Basin

Nido Petroleum Limited announces that it has entered into an agreement with Shell Philippines Exploration B.V. (“Shell”), a subsidiary of the Royal Dutch Shell Group, to farm-out 27% out of its current 60% participating interest in the highly prospective Service Contract 54 Block B (“SC 54B”) in the

about 15 years ago
Keppel Delivers Largest Ever Singapore Built Jack-up to Rowan
Business & Finance

Keppel Delivers Largest Ever Singapore Built Jack-up to Rowan

Keppel FELS Limited (Keppel FELS) has delivered the first of three KFELS N-Class jack-up rigs being built for Rowan Companies, Inc. (Rowan) safely, on time and within budget. Built to the proprietary KFELS N-Class design, this new-generation rig is the largest jack-up to be constructed in Singapore.

about 15 years ago
Brazil: Farstad Shipping Awarded 5 Year Charter Contract for Far Scotia PSV
Business & Finance

Brazil: Farstad Shipping Awarded 5 Year Charter Contract for Far Scotia PSV

Farstad Shipping has been awarded the following charter contract: Far Scotia (PSV, 2001, UT 755, 3000 DWT) has been awarded a 5 years firm contract by Petrobras, Brazil as a ROV Support Vessel. There is an option for additional 5 years. The contract has been achieved in cooperation with Fugro Brasil

about 15 years ago
Australia: MEO Receives Regulatory Approval to Drill Artemis-1
Business & Finance

Australia: MEO Receives Regulatory Approval to Drill Artemis-1

MEO Australia Limited advises that the Western Australian Department of Mines & Petroleum has granted approval for the drilling of Artemis-1 in WA-360-P and has further advised it has accepted MEO’s Well Operations Management Plan (WOMP). This represents the final regulatory approval in relation to

about 15 years ago
Thailand: Tap Oil Provides Manora-4 Drilling Update
Business & Finance

Thailand: Tap Oil Provides Manora-4 Drilling Update

Tap Oil Limited provides the following update on the Manora-4 appraisal well, in concession area G1/48, Gulf of Thailand. Location / Proposed Depth The Manora-4 well is located in the northern Gulf of Thailand in 45 metres of water, approximately 75 kilometres from shore and 230 kilometres south of

about 15 years ago
Offshore Windfarms Will Provide a Handsome Income for the Royals (UK)
Business & Finance

Offshore Windfarms Will Provide a Handsome Income for the Royals (UK)

The general clamour over George Osborne’s spending review has obscured one of the most significant constitutional changes of recent years. (dailymail) [mappress] Source: dailymail, October 25, 2010;

about 15 years ago
Brazil: New Well in the South of Tupi Confirms Potential and Reservoir Extension
Business & Finance

Brazil: New Well in the South of Tupi Confirms Potential and Reservoir Extension

The contractor group for BM-S-11 in ultra-deep water of Santos Basin, including Galp Energia, Petrobras and BG Group, informs that concluded the drilling of the ninth well located in Tupi’s area, confirming the estimated volumes of recoverable light oil and natural gas in the range between 5 and 8 b

about 16 years ago
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