Santos today announced its acquisition of a 75% interest in the Carnarvon Basin permits WA-323-P and WA-330-P that host Winchester, a large prospect which has a geological setting similar to the recent Zola gas discovery. The farm-in agreement with Octanex N.L was conditional on various regulatory a
Incat Crowther announces it has secured a contract to design a 45m Monohull Crew Boat. The vessel will be built by Arpoador Engenharia Ltda and owned and operated by BSCO Navigation, a subsidiary of Brasil Supply. Incat Crowther’s USA office has worked hard to develop the new design, which will meet
RXT announces that the final contract with Afren Energy Services Ltd for acquisition of 4C seismic data outside the coast of Nigeria is now signed. Estimated value of the contract is approximately USD 41 million and duration is estimated to four and half month and the survey will be acquired by the
The plan for development and operation of the Valemon gas and condensate field in the North Sea was approved by the Norwegian parliament yesterday, 9 June. Production start-up is planned for 2014. The Valemon field is one of Statoil’s largest development projects on the Norwegian continental shelf (
Baker Hughes announced today the launch of its state-of-the-art fracturing and stimulation vessel, the Blue Tarpon™. The 300-foot ship, one of the world’s largest stimulation vessels and the seventh vessel in the Baker Hughes fleet, is designed to provide high-rate and high-volume stimulation treatm
It has now been determined that there will be seismic acquisition in the eastern part of the Barents Sea from 7 July. The necessary formalities surrounding the Treaty on Maritime Delimitation and Cooperation in the Barents Sea and the Arctic Ocean between Norway and Russia are now in place. The acti
Total announces the launch of the Ekofisk South and Eldfisk II projects offshore in the southern Norwegian North Sea on Production Licence (PL) 018. Total holds a 39.90% interest in the licence. The plan for development and operation for each project has been approved by the Norwegian authorities. T
Today Det norske and partners DONG and Edison, signed agreements for production license 613 at the Ministry of Petroleum and Energy. Production license 613 was awarded in the 21st licensing round. The license is located in the northern part of “Loppa High” in the Barents Sea. The license covers bloc
CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced today the closure of the $25 million term credit facility with Allied Energy, Plc, which credit facility was originally announced by the Company on March 10, 2011. CAMAC En
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), announced that it has, on behalf of itself and its partners, commenced its 3D seismic acquisition project in the north Celtic Sea, offshore
A small piece of history: The search for oil and gas in Norway started earlier, and a very different place than most people think. The first well in the North Sea was completed in the summer of 1966, and the first discovery, Ekofisk, was made in 1969. Already in the late 50’s, the brothers Einar [&h
The Board and Management of Keppel Offshore & Marine Ltd (Keppel O&M) announces that Mr Chow Yew Yuen has been appointed Managing Director of Keppel O&M with effect from 1 June 2011, reporting directly to Mr Tong Chong Heong, CEO of Keppel O&M. Mr Chow will be based in Singapore. He will assist the
Sanco Shipping AS has signed a contract with Kleven Maritime for one seismic ship with an option for additionally one. With this contract, the order reserve stands at 11 ships with a combined value of about 4.2 billion NOK. Kleven Maritime, Norway’s biggest Norwegian-owned shipbuilding group, has si
Farstad Shipping has been awarded the following charter contracts: AHTS Far Strait (2006, UT 712L, 14.688 BHP), AHTS Lady Caroline (2003, UT 712, 12.240 BHP), PSV Far Spirit (2007, VS 470 MK II, 3.624 DWT) and PSV Lady Grace (2001, UT 755, 2.936 DWT) have all been extended for 365 days while AHTS Fa
