MEO Australia Limited announced that the Designated Authority has approved and registered the transfer and dealings in relation to the farm-in by Eni Australia Limited (Eni) to exploration permit NT/P68. All conditions precedent in relation to this transaction have now been fulfilled. Eni has advise
Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an aggregate USD 2,47 billion for a fixed eight-year charter period. “Stepping up our industrialisation of
Trapoil announces the acquisition of Reach Oil & Gas Limited (“Reach”) for a total consideration of approximately £30 million (£20 million in cash and approximately £10 million in new ordinary shares to be issued at a deemed price of 43 pence per share). Reach’s two wholly-owned subsidiaries, Reach
The PSA conducted an audit from 10 to 12 May 2011 focusing on issues relating to technical safety, safety systems and maintenance management on board the facility West Elara. Background West Elara is a new jack-up, N-class drilling facility built by the Jurong Shipyard in Singapore. The PSA’s activi
RAK Petroleum Public Company Limited, (RAK Petroleum), the oil and gas exploration and production company, and Norway’s DNO International ASA (DNO) and have signed a heads of agreement to merge RAK Petroleum’s Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO sh
Aker Solutions has been awarded a contract for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea. The riser package will be delivered to offshore drilling company Atwood Oceanics’ drill ship. The contract value is approximately USD 50 million and includes an optio
The WilPhoenix commenced its contract with AGR on the 27 June and the WilHunter commenced its contract with SPD and Nautical Petroleum on the 1 July. The contract commencements follow on from the rigs’ respective final system testing and commissioning activity, undertaken during mobilization and on
Farstad Shipping ASA has, through its wholly owned subsidiary P/R International Offshore Services ANS, reached an agreement to sell the PSV vessel ‘Lady Christine’ (1985, ME 202, 2.368 DWT). Delivery of the vessel to the new owner is expected to take place in October 2011. Sale of the vessel will gi
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are listed in London (AIM) and Dublin (ESM), announces that it has, on behalf of itself and its partners, successfully completed the 3D seismic acquisition project over the Barryroe oil
SeaBird Exploration PLC (“SeaBird” or “SBX”) provides a contract update regarding its business activities as set out below; After completing half of her multi client survey in the Gulf of Mexico mid April, Osprey Explorer, will from mid July continue her multi-client survey following dry dock and st
Eastern Bay of Plenty tribe Te Whānau-ā-Apanui is trying to persuade wavering communities to oppose deep sea petroleum drilling before … (radionz) [mappress] Source: radionz, July 4, 2011;
Uruguay confirmed a second round of offshore lease bidding for hydrocarbons exploration next September. The country’s state run oil … (mercopress) [mappress] Source: mercopress, July 4, 2011
Ithaca announces that the engineering and modifications associated with the dry dock works in Dubai to extend the Floating Production Storage and Offloading vessel, ‘BW Athena’ by 65 feet and install a turret docking system have been completed. The vessel has now been re-floated ready for installati
Centrica Energi has received consent to carry out exploration drilling of well 8/10-4S in the North Sea with the Mærsk Guardian mobile facility. The well will be drilled in production licence 405, with Centrica as the operator (40%). The other licensees are Petro-Canada (30%), Spring Energy (15%) an