ProSep Inc. dedicated to providing process solutions to the oil and gas industry, today announced it was awarded $1.8 million in new contracts to supply a produced water treatment system for installation on a deepwater Gulf of Mexico facility and crude dehydration equipment for two oil sands facilit
Aibel has been awarded a letter of intent from Statoil in connection with the new test facility for subsea compressors at Kårstø. The estimated value of the contract is NOK 200 million. The new test facility will be part of the Kårstø metering and technology laboratory, K-lab. ‘Aibel knows Kårstø we
Norwegian Energy Company ASA in June 2011 produced 8,125 barrels of oil equivalents (boe) per day. Net realized oil price was USD 104 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area fields in June was about 9,600 boe/day (3,375 boe
On July 5, 2011, A.Zagorovsky, SDAG CEO, and N.Reshetov, Director-General of the Russian Maritime Register of Shipping (RS) had a meeting where they agreed on extending their cooperation aimed at increasing the involvement of Russian companies in Phase I of Shtokman gas and condensate field developm
Petrobras announced another two oil and gas finds in the Espírito Santo basin, in the BM-ES-23 concession area, block ES-M-525, totaling three discoveries in this concession. At 115 km off the Espírito Santo coast, and at depth of approximately 1,900 meters of water, these two new finds took place d
The Gazprom headquarters hosted yesterday working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The meeting participants discussed joint projects highlighting that coordination of the agreement on natural gas purchase
The New Zealand arm of Austrian oil and gas explorer OMV is seeking a two month extension while it decides what to do next with its three… (business-news) [mappress] Source: Business-news , July 5, 2011;
Pancontinental Oil & Gas NL (“Pancontinental”) announces that late on 4 July 2011 it received a signed Petroleum Agreement (“PA”) and Petroleum Exploration Licence No. 0037 (“EL”) from the Ministry of Mines and Energy of the Republic of Namibia, effective 28 June 2011. The PA and EL area is located
DOF Subsea UK secures contract with Tullow Oil to provide Jumper/Spool Installation services from Skandi Constructor in Ghana. Aberdeen-based specialist subsea service company DOF Subsea UK, a subsidiary of DOF ASA, has secured a contract with Tullow Oil to provide Jumper/Spool Installation services
Kongsberg Maritime AS, a fully owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG) has reached agreement in principle with major shareholders in Evotec AS regarding acquisition of the company. Evotec AS develops and delivers marine technology handling systems to market segments like seismic, offsh
Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reports encouraging progress on the processing and interpretation of its recently acquired 3D seismic data over its 100% owned licence PL001. In April 2011, the Company announced the completi
Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy Industries in South Korea. The drillships are scheduled for delivery in the second and third quarters of 2014, respectively. The total project cost
North Energy ASA has purchased 15 percent of PL 450, Storebjørn, from Det Norske Oljeselskap ASA. The license is located in the North Sea, Block 7/12, south west of the Ula field. Drilling is expected in the fourth quarter of 2011 with the jack-up rig Maersk Guardian. North Energy will after the pur
Statoil has received consent to carry out exploration drilling of wells 16/2-8 and 16/2-9S in the North Sea with the Transocean Leader mobile facility. The wells will be drilled in production licence 265, with Statoil as the operator (40%). The other licensees are Petoro AS (30%), Det norske oljesel
