Barakah Offshore Petroleum’s subsidiary, PBJV Group Sdn Bhd (PBJV), has received the Letter of Award from Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) for the provision of topside maintenance services. KPOC is a joint operating company comprising PETRONAS Carigali Sdn Bhd (40%), ConocoPhill
Hercules Offshore has signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260 in West Africa. The dayrate under the contract will range from a minimum of $75,000 per day when the price of Brent crude oil is $86 or less per barrel, to a maximum of $125,000 per [&hellip
Transocean Ltd. has announced that it intends to scrap two more rigs. The company intends to dispose of a midwater floater GSF Aleutian Key and high specification, deepwater, semi-submersible rig Sedco 707. According to Transocean, these rigs are classified as held for sale. Offshore Energy Today pr
Atwood Oceanics has made changes to the delivery schedule for two of its newbuild drillships. Namely, the Atwood Admiral drillship, that is currently under construction at Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) in South Korea, was previously scheduled for completion in September
Pemex has informed that the fire that broke out on an Abkatun Alpha platform yesterday has been extinguished. Offshore Energy Today yesterday reported that Pemex-operated Abkatun Alpha platform located in the Bay of Campeche caught fire spurring evacuation of 301 workers. Sadly, four workers have di
Premier Oil has announced that the Zebedee well (14/15b-5) in PL004b, offshore the Falkland Islands, discovered 81 feet of net oil-bearing reservoir and 55 feet of net gas-bearing reservoir. The well penetrated multiple targets in the Cretaceous F2 and F3 formations with a total hydrocarbon net pay
Karoon Gas Australia has announced the spudding of the third well in the current Santos Basin drilling campaign, the Echidna-1 exploration well, at 1500 hrs BRT on March 31, 2015. The top of the reservoir section is expected to be penetrated within approximately 3 weeks with the well reaching a plan
BMT Scientific Marine Services (BMT), has been selected by Hess Corporation to supply an Integrated Marine Monitoring System (IMMS) for the Stampede Tension Leg Platform (TLP) in the U.S. Gulf of Mexico. The system includes instrumentation to measure the environmental conditions impacting the TLP an
Hibiscus Petroleum’s jointly-controlled entity, Lime Norway, has executed an agreement with Skagen44 to acquire an additional 10% interest in PL616, located in the North Sea. The transfer of this additional stake is subject to regulatory approval, and upon completion, will increase Lime Norway’s int
The Society of Petroleum Engineers (SPE) Aberdeen Section has appointed Shankar Bhukya as its new chairman, taking over from Ross Lowdon who has stepped down due to re-location to Houston. Beginning his career as regional applications engineer at Smith Services in Aberdeen, Bhukya has more than eigh
CAMAC Energy Inc. has finished completion operations on the Oyo-8 well, located offshore Nigeria, and is now ready to start oil production. Oyo-8 is hooked up to the Bumi Armada-owned FPSO Armada Perdana. However, CAMAC has been informed by Bumi that the FPSO is not ready to receive oil production f
UK-based offshore drilling contractor Ensco has, from oil company BP, received a notice of early termination for ENSCO DS-4, a drilling rig operating in the U.S. Gulf of Mexico. The estimated effective date of the contract termination is July 2015 based on the projected completion of the customer’s
Keppel FELS, a subsidiary of Keppel Offshore & Marine Ltd, has delivered a KFELS B Class jack-up rig to Mexican national oil company, Petróleos Mexicanos (PEMEX). The rig was named Kukulkan by Lady Sponsor Valerie Pahl-Hernandez, wife of Gustavo Hernandez Garcia, Director General of PEMEX Exploratio
Maersk Oil has informed that production has started from the new unmanned platform Tyra Southeast-B, located in the Danish North Sea. According to Maersk, the platform is expected to add reserves of 50 million barrels of oil equivalent (BOE) over the next 30 years to Danish production. “The Tyra Sou
