North Energy declares that the rig “Aker Barents” has completed drilling of wildcat well 7121/9-1 (Zapffe) located in PL518 in the Barents Sea. The well was drilled to a total depth of 2417 m below sea level. The purpose of the drilling was to prove hydrocarbons in the Lower Cretaceous and Upper Jur
Oil and gas engineering specialist, STATS Group, has appointed Vikas Shangari as business development manager for the Middle East as part of a strategy to expand operations across the Gulf Cooperation Council states. STATS Group design, manufacture and install a range of patented technologies used i
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL148 in the North Sea to Lundin Petroleum. The license contains the oil discovery Brynhild (previously called Nemo), where a Plan for Development and Operations (PDO) was recently approved by Nor
Island Offshore, provider of high quality solutions for the offshore oil industry based on a fleet of advanced high quality service and subsea service vessels, announces that it has received a 4 month contract for its Island Centurion vessel from ConocoPhillips. The contract is for supply duties in
“Shell Oil Company is now producing oil from the world’s deepest subsea well at its Perdido Development, utilizing advanced technology to lead the way in increasing the company’s ability to produce more domestic oil and gas resources.”, the company announced today. The well, at 9,627 feet below the
Statoil has acquired a 30% participating interest in block 47 offshore Suriname from Tullow Oil. Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie M
The joint venture formed by Technip (50%) and Odebrecht Oil & Gas (OOG, 50%) has received a letter of award from Petróleo Brasileiro S.A. (Petrobras) for the charter and operation, during a fixed period of five years, of two identical flexible pipeline installation vessels for a value of approximate
Kosmos Energy announced that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana. The Teak-3A well is located approximately 4 kilometers (2.5 miles) north of Teak-1 and was designed to test the potential structural an
Chevron Corporation yesterday said on its website that cementing operations were taking place as part of its well plugging activities on an appraisal well located near its Frade field offshore Brazil. Chevron also confirmed that “there has never been any oil flow from the wellhead and current monito
ATWOOD OCEANICS, INC. reported today the semisubmersible drilling rig Atwood Falcon, owned by an Atwood subsidiary, was awarded the “Floater Rig of the Year” by Shell recognizing it as the best performing floating rig for Shell worldwide in 2011. Atwood President and CEO Rob Saltiel and Atwood Falco
Daewoo Shipbuilding & Marine Engineering (DSME), a South Korean shipbuilder established in 1973 in South Korea, has awarded a $6 million+ order to Rockwell Automation and its Global Solutions team to provide emergency shutdown, fire and gas safety systems, and engineering services for four new DSME
SNC-Lavalin announces that it has been awarded a contract by Statoil UK to carry out front-end engineering for its approximately 20,000 tonne substructure for the Mariner offshore development in the North Sea. Andy Mackintosh, Executive Vice-President, SNC-Lavalin Group Inc. commented: “We’re very p
SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry, today announced its 3rd quarter revenues of $2.2 billion. The company’s order portfolio on 30 September 2011 stood at US$ 15.7 billion, which is an increase of 53% whe
Hamworthy announced today that it has won a contract from South Korea’s Hyundai Heavy Industries to supply its inert gas generator (IGG) package for the QUAD 204 FPSO project. The BP-operated The Quad 204 project involves replacing the existing Schiehallion Floating, Production, Storage and Offloadi
