Statoil and SSE (Scottish and Southern Energy plc) have agreed to enter into a 10 year gas supply agreement to an existing power plant. The companies have signed a heads of agreement for an annual volume of 0.5 billion cubic metres of natural gas, to SSE’s Peterhead gas power plant in Aberdeenshire
Coastal Energy Company announces the successful results of the Bua Ban North B-04 appraisal well. The Bua Ban North B-04 well was drilled to 6,000 feet TVD and encountered 64 feet of net pay in the Miocene objective with average porosity of 27%. The B-04 confirms the discovery made by the B-02 well,
OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces today details of the Company’s business plan for the Campos and Parnaíba discoveries. “Following OGX’s discoveries and successful appraisal ca
This year marks 25 years since Seaeye started in business. Since that time it has grown to become the world leader in design and manufacture of electric underwater vehicles. Innovations flowing from the company have transformed ROV performance and reliability with a number of key developments that h
Neptune announces that Robin King has been appointed Chief Executive Officer. Mr King was Neptune’s Acting CEO from November 2010 and his permanent appointment represents a mandate to finalise implementation of the restructure plans previously presented to the market. Mr King has almost 30 years exp
Nido Petroleum Limited on behalf of the SC 54B Joint Venture, provides an interim update on the progress of the Gindara-1 well. On 7 June 2011, the Gindara-1 well was preparing to run the 9 5/8” casing at the revised depth of 3,345 metres MD (3,323 metres TVDss) in the lower section of the Pagasa [&
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas,announces the appointment of Edward G. Caminos as Senior Vice President and Chief Financial Officer of the Company, effective as of July 1, 2011, and the appointment of Alan W. Halse
Gazprom commissioned the Dzhubga – Lazarevskoye – Sochi gas pipeline yesterday. Sochi hosted the celebrations devoted to this event participated by Vladimir Putin, Prime Minister of the Russian Federation, Alexey Miller, Chairman of the Gazprom Management Committee, representatives of construction a
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Visund Nord offshore development. The contract has a value of approximately $50 million in revenue to FMC Technologies. Visund Nord is a fa
The offshore drilling rig GSP Atlas has left Sharjah on the 4th of June onboard the semi-submersible barge Teal, heading for Dos Bocas, Mexico. GSP Atlas shall join GSP Orizont and the two offshore drilling rigs are going to operate under a long term contract with Petroleos Mexicanos (PEMEX). GSP At
BHP Billiton Petroleum announced today that it is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the moratorium was enacted in May 2010. The well was brought into production on 30 May 2011 on the BHP Billiton operated Shenzi field. The SB-201 we
Skire, Inc., the leading global provider of cloud-based solutions for managing capital projects, facilities and real estate, today announced that Total S.A. has chosen Skire’s Unifier as the company’s new cost control system for its exploration and production projects. Unifier was selected after a f
McDermott International, Inc., announced today that one of its subsidiaries has been awarded full engineering, procurement, construction and installation (EPCI) of a 750-ton compressor module for BG Trinidad & Tobago’s Hibiscus field development offshore Trinidad. The contract is valued at more than
After extensive remodelling and installation work, all the 150 new single cabins are ready for use at Troll A. The project has been led from Aibel’s offices at Billingstad. The contract on Troll A was signed in 2007, and the project is to be finished during autumn 2011. ‘This has been a large and ch
