MEO Australia Limited has received notification from the permit operator, Eni Australia Ltd (Eni), that acquisition of the Bathurst 3D seismic data over the Blackwood East area of permit NT/P68 has commenced. The field acquisition program is expected to be complete within 50 days. Under the terms of
Ship owner Gulf Offshore North Sea Ltd has awarded Rolls-Royce a contract to design and equip two offshore supply vessels for ship owner Gulf Offshore North Sea Ltd. The value of the contract to Rolls-Royce is approximately £10 million. The two UT755 XL designs will be built at the Rosetti Marino Sp
Oceaneering’s Norwegian subsidiary, Oceaneering AS, has entered into a definitive agreement to acquire Mechanica AS. The transaction is subject to approval by the Norwegian Competition Authority. Mechanica, headquartered in Stavanger, Norway, is a design and fabrication company specializing in remot
Faroe Petroleum announces that Centrica has completed a successful initial side-track well on the Butch oil discovery (Faroe 15%) located in the Norwegian North Sea. As announced on 18 October 2011, the Butch exploration well (8/10-4 S) encountered net oil pay of approximately 50 metres in the Upper
Subsea 7 S.A. has been awarded a SURF contract valued at approximately $200 million from Brazil’s Petrobras in Campos Basin, an oil rich area situated 80km from the Brazilian coast. The contract scope includes the management, engineering, procurement and installation of two rigid oil lines of 4.5km
Wood Group, the international energy services company, has been granted two contracts by Marine Well Containment Company (MWCC), the not-for-profit, independent company committed to improving capabilities for containing a deepwater well control incident in the U.S. Gulf of Mexico. Wood Group compani
French oil giant Total, operator of the Elgin/Franklin fields in the British sector of the North Sea, announces the purchase of GDF SUEZ’s share in the two fields for an enterprise value of €590 million. This participation is held through a 22.5% interest in the company Elgin Franklin Oil & Gas (EFO
Ichthys Partners INPEX and TOTAL said that the total volume of 8.4 million tonnes per annum (mtpa) of LNG from the Ichthys Project is to be sold, with approximately 70% of the Ichthys LNG to be delivered to Japan. Ichthys LNG Pty Ltd, a company jointly owned by INPEX and TOTAL and the seller of [&he
AVEON Offshore Limited, has recently secured a contract from Eiffel Nigeria Ltd, the Nigerian subsidiary of EIFFAGE Construction Metallique for the fabrication of some major components of the LQ Platform for the TOTAL Exploration & Production Nigeria Limited OFON Phase II Project. Total Exploration
The recovery for oil and gas drilling operations in the Gulf of Mexico remains slow this year. A study by Quest Offshore Resources shows that the number of active rigs in the Gulf is currently 37 percent less than before last year’s Deepwater Horizon disaster due to slow permitting and steep regulat
OSM, a Norway based, independent marine-services provider offering high-quality offshore and ship management and consultancy services is steadily growing in the West African market. The latest addition to the fleet is the accommodation barge «Olympia», owned by Intership. Intership has been at the h
Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, said today at the 20th World Petroleum Congress in Doha, Qatar. ExxonMobil is forecasting the global
Northern announces that on 29th November 2011 it completed a 600km 2D seismic data acquisition in offshore Southern Adriatic, Italy. The survey covered two licences – F.R39.NP & F.R40.NP. Seismic acquisition commenced on 23rd November 2011 using the vessel ‘M/V Princess’ contracted from CGGVeritas S
Penspen, an independent group of companies providing engineering and management services to the oil and gas industry will in 2012 host a series of specialist courses in Offshore Pipeline Legislation. As engineers and consultants to the global oil and gas industry, Penspen’s strong subsea presence pu
