Noble Energy, Inc. today announced results from its Leviathan appraisal well in the Amit license offshore Israel. The successful Leviathan #3 well, located more than three miles east of the original Leviathan discovery, encountered approximately 290 net feet of natural gas pay in multiple intervals.
German based, Aker Wirth has on December 15th delivered its the 250th mud pump in the TPK 2200 series. Following its successful trial run, the jubilee pump is now on its way to Korea. It will be installed there as one of four pumps in the “Tungsten Explorer” drillship from Vantage Drilling being bui
Reference is made to notice to Oslo Stock Exchange dated 17th October 2011 regarding an option for a second drillship at Hyundai Heavy Industries Co. Ltd. A wholly owned subsidiary of Fred. Olsen Energy ASA has decided not to declare the option for a second drillship. On October 17, a wholly owned s
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Northern Offshore to transport the jack-up drilling rig ENERGY EXERTER from Malta to Northern Europe in January 2012. The Fairstar open stern, semi-submersible vessel FJELL is expected to load the ENERGY EXERTER in early January and
Niko Resources Ltd. unveiled today that the Trinidad and Tobago Government has approved the assignment to Niko of an interest in the Mayaro-Guayaguayare Bay block (“MG Block”). The MG Block lies just offshore of the southeast corner of the island of Trinidad and is adjacent to Niko’s 2(ab) block to
In one of the most significant cross-border financings involving Brazil’s offshore energy sector this year, Milbank, Tweed, Hadley & McCloy LLP has represented a consortium of major international lenders providing a US$692 million debt facility for the purchase of the Black Diamond I deepwater dril
EMGS has received a Letter of Intent from a major international oil company for a six-week 3D EM data acquisition project offshore Brunei. Surveying is expected to start in early February, following modifications of the EM Leader to accommodate EMGS’s equipment and technology. “The mobilisation of E
As previously announced on 2 November 2011, Miclyn Express Offshore, a provider of service vessels to the expanding offshore oil and gas industry, entered into a conditional, non-binding agreement with the shareholders of Samson Maritime Holdings Pty Ltd (“Samson”) to purchase their aggregate 50% sh
IEV Holdings Limited announced that, on 13 December 2011, its 30% associate, IEV (Malaysia) Sdn. Bhd., has been awarded a major supply and installation contract from an established and major oil and gas operator in South East Asia . The scope of work of this turnkey project includes the engineering,
South Korea’s Hyundai Heavy Industries, the world’s biggest shipbuilder and a leading offshore facilities contractor, today announced that the Company won a contract from a major oil company to build gas producing offshore platforms to be deployed in West Africa by the end of 2014. Under the contrac
ASCO, one of the world’s leading oil and gas logistics companies, has announced the retention of three significant long-term North Sea contracts – two with Nexen Petroleum UK Limited and one with Centrica Energy Upstream. Together the contracts are valued in excess of £90 million ($ 139.4 million).
Woodside advises that it intends to seek amendments to its Browse Basin retention leases, including a request to vary the condition relating to readiness for a final investment decision. The participants in the Browse Joint Venture are currently engaged in discussions on the final nature of this pla
Norwegian oil giant, Statoil, said that broad efforts have been made to identify the direct and underlying causes of the Gullfaks C well control event on 19 May 2010. The company has responded today to the most recent post-incident orders from the Petroleum Safety Authority Norway (PSA). As required
Tap Oil Limited announces that the WA-351-P joint venture has approved the budget to drill the Tallaganda-1 well in WA-351-P. Furthermore, the Operator, BHP Billiton Petroleum Pty Ltd (BHP Billiton), has now secured the Atwood Eagle semi-submersible drilling rig to drill the well and expects to comm
