Bass Strait Oil Company Ltd has been granted a new five year term for the Vic/P41 exploration permit, starting 29 November 2011. The Vic/P41 exploration permit is situated in the offshore Gippsland Basin, 40 km from the coast and southeast of the Victorian town of Orbost, Australia, with water depth
MEO Australia Limited has received notification from Eni Australia Ltd (Eni) that it has committed to the acquisition of the Blackwood 3D seismic survey. The notification received is in accordance with the NT/P68 Farm-in Agreement. Under the Farm-in Agreement, the option to commit to acquire the sei
Höegh LNG Holdings Ltd. has entered into an agreement with South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (“DSME”) to start a project specific front-end engineering design (FEED) of an LNG FPSO solution for the Tamar gas field offshore Israel. This agreement follows the recent announceme
Technip announced that it has completed the acquisition of Global Industries, Ltd . The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned
Chevron’s Brazilian subsidiary, Chevron Brasil Upstream Frade Ltda announced last night it has been ordered by Brazil’s National Petroleum Agency (ANP) to shut in one of its 11 production wells and four produced water injection wells at its off-shore Frade joint-venture Floating Production-Storage a
FMC Technologies, Inc., a provider of technology solutions for the energy industry, has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Ana
Anadarko Petroleum Corp today revealed that it has discovered natural gas at its Cheyenne East prospect in the U.S. Gulf of Mexico, near the company’s Independence Hub facility. The exploration well encountered 50 foot of high-quality gas pay, Chuck Meloy, Anadarko’s senior vice president of worldwi
ATP Oil & Gas Corporation today announced it sold its interest in the deep rights (below 23,499 TVDSS) in one of its Telemark Hub properties to a third party for an undisclosed amount resulting in an estimated gain of $26 million. In addition to the cash proceeds, ATP retained a 1% overriding royalt
Northern Offshore, Ltd. has reported that its subsidiary, Northern Offshore U.K. Limited, has received a early declaration from Maersk Olie og Gas AS (“Maersk”) exercising both of the remaining one-year options for the jackup Energy Endeavour. The anticipated commencement date of the option period i
Awilco Drilling PLC confirmed yesterday the signing of the contract with Ithaca Energy (UK) Limited for the provision of WilHunter to drill the Hurricane appraisal well in the Central North Sea. The contract value is estimated to be USD 15.7 million. The contract is expected to commence mid Q1 2012.
Pancontinental Oil & Gas NL ,an oil and gas exploration company with key assets in Australia, Kenya, Malta and Namibia, has resolved to raise up to $15 million through a placement of up to 200 million shares at an issue price of 7.5 cents per share to sophisticated and professional investors. Pancon
BOURBON Offshore has ordered over one hundred engines and generator sets from Caterpillar Marine Power Systems for anchor handling tug and supply vessels currently being constructed in China. 60x Cat® 3516C diesel electric propulsion (DEP) engines will be packaged with Kato generators for twenty anc
Dutch Heavy-lift specialist Dockwise Ltd has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The new vessel, a semi-submersible, currently under construction at China Merchants Y
EnerMech AS, a mechanical engineering specialist, has been selected by Reflex Marine as the Accredited Service Centre in Norway for FROG and TORO personnel carriers. Reflex Marine’s FROG personnel carrier has become widely adopted in Norway. Customers of FROG & TORO personnel carriers in Norway now
