Malaysia’s national oil corporation PETRONAS Carigali Sdn Bhd , has encountered substantial oil reserves within Block 2G-2j, offshore Sabah. The finding was made at the Wakid-1 well , about 100km northwest of the capital of Sabah state in East Malaysia, Kota Kinabalu. Malaysian oil giant sad that th
AWE Limited, reports the execution of a rig contract for the drilling of the Atlas-1 well. Atlas-1 will be drilled in the Titan PSC, which is located in the offshore East Java Basin, Indonesia. The Atlas well will target a sizable gas prospect, located approximately 35 kilometres north east of the L
This Tuesday (Nov. 15), Petrobras will unveil the trophy to be awarded to the top three drivers and the winning team of Petrobras’ Brazilian Formula 1 Grand Prix race, scheduled for November 27, in São Paulo. Encrusted on each trophy is a rock lifted from the pre-salt layer, at a depth of 5,000 mete
Michael King has been appointed as new UK operations director at Swire Oilfield Services, the leading global provider of offshore cargo carrying units and associated services. In his new role, Mr. King will ensure that the operational capability is fully developed, supported and resourced to provide
Buccaneer Energy Limited announced today that its 50 percent owned subsidiary Kenai Offshore Ventures, LLC (“KOV”) has overnight in London completed the acquisition of the GSF Adriatic XI offshore jack-up rig from Transocean Offshore Resources Limited for the total purchase price of US$68.5 million
Farstad Shipping’s AHTS Far Senior (1998, UT 722L, 18.900 BHP) has been contracted by Petrobras in Brazil for a 4 year period with an option to extend the contract with an additional 4 years. The contract includes both anchor handling and ROV services. ROV services will be provided by a third party.
Afren announced that it hosted an analyst site visit to the Ebok field production and storage facilities, located offshore south east Nigeria, on the 14th of November 2011. Ebok Phase 1 production currently at 15,800 bopd, is steadily being increased towards upper end of targeted 17,000 bopd. Four o
BG Group, a world leader in natural gas, announced today changes to its Board and Group Executive Committee (GEC). These changes, effective immediately, will ensure BG Group continues to deliver its growth plans and will enhance succession planning at the Executive level. • Chris Finlayson will beco
CIC, GPS, Richtech international engineering Inc. and Morimatsu (JMO) signed G.R.M.C. strategic memorandum of understanding on a signing ceremony in Shanghai on 11 Nov, 2011. CIC general manager, Mr. Wu Chengye, GPS CEO Mr. Ian F Prescott, Richtech CEO Mr. Yan Zhou and Morimatsu (China) general mana
SBM Offshore, a Dutch supplier of systems and services to the global offshore oil & gas industry reported today that FPSO Aseng commenced first oil production on 6 November 2011 on the Aseng field located in approximately 1,000 meters of water in Block I, offshore Equatorial Guinea. This major proje
Shanghai-based Wison Offshore & Marine Ltd., an upstream oil and gas division of the Wison Group, has secured contracts to engineer, procure and construct the world’s first Buoyant Tower drilling and production platform. The facility, which will be known as the CX-15 platform, will be supplied for B
Oceaneering International’s Board of Directors has elected David K. Lawrence as Vice President, General Counsel and Secretary of Oceaneering, effective January 1, 2012. Mr. Lawrence joined Oceaneering in June 2005 as Assistant General Counsel and has served as Associate General Counsel since January
Chevron Brasil is responding to oil seeps and a subsequent sheen that has occurred in the vicinity of the Chevron operated Frade project located 370 kilometers (230 miles) offshore north east of Rio de Janeiro, Brazil in water depths of approximately 1200 meters (3800 feet). Based on technical and d
The Petroleum Safety Authority Norway (PSA), with technical assistance from Telenor Maritime Radio, Radio Inspection, conducted an audit of the Gjøa facility during the period 26-27 September 2011. The audit was a planned activity with a basis in the PSA’s prioritisation of major accident risk. The
