COSL 681, the first high-powered deepwater AHTS vessel in China invested and constructed by China Oilfield Services Limited was recently successfully launched for operation in Wuhan. COSL 682, which belongs to the same model, is about to be launched as well. COSL681, which is specifically designed f
A host of Energy experts are gathering in Aberdeen on 7th June to discuss vital issues surrounding the use of ‘smart’ technologies in the Oil & Gas industry. Organised by The Society of Petroleum Engineers (SPE) Aberdeen Section, ‘Smart Energy 2011’ aims to examine how operators of all sizes are app
Oil and gas producer and explorer Petsec Energy Ltd says it will sell its oil interests in China for $A38 million and use the proceeds to… ninemsn [mappress] Source:ninemsn , June 2, 2011;
The drilling of two wells has started from platform No1887 of the Oil Rocks field in the Caspian Azeri sector. News.az [mappress] Source:News.az , June 2, 2011;
The Board of Directors approved the Gazprom Innovative Development Program until 2020. The Program represents a document designed for long-term planning and management of the innovative activities. It covers all of Gazprom’s gas, oil and power generation businesses. The meeting noted that the Progra
The Government is to introduce legislation to help prevent an offshore environmental disaster such as the massive oil spill in the Gulf … NBR [mappress] Source:nationalbusinessreview , June 2, 2011;
Pål Engebretsen has informed the Company that he resigns as CEO of Bergen Group. As from today, Executive Vice President Terje Arnesen is constituted as acting CEO. The withdrawal is based on a disagreement with the main shareholders about the strategy for further development of the Group. “The corp
Wood Group, the international energy services company, has been granted a multi-million dollar, 42-month contract by Chevron U.S.A. Inc. for the planning, managing and field execution of commissioning for the Jack & St. Malo semi-submersible hub production facility. Work will be performed by DSI, Wo
Mediterranean Oil & Gas Plc. announced that the Company has signed an agreement with the Government of Malta to extend the first exploration phase of the Production Sharing Contract (“PSC”) for offshore Malta Area 4 (Blocks 4, 5, 6, 7), by 18 months to January 18, 2013. In addition, the Company is i
The Danish navy has reportedly confronted and arrested a crew of environmental activists “occupying” a 53,000-ton offshore oil rig about … By Alaskadispatch.com [mappress] Source: Alaska Dispatch, June 2, 2011;
Tap Oil Limited announced on 4 May 2011 that it had agreed to sell its 25% interest in WA-351-P, offshore Carnarvon Basin, Western Australia, to Japan Australia LNG (MIMI) Pty Ltd (“MIMI”) for a cash consideration of US$30,154,000. In addition, MIMI were to pay Tap’s 20% share of the next exploratio
Entek Energy Limited is pleased to provide an update on the VR 342 well in the Gulf of Mexico where the Company has a 50% working interest. The well is at 8,162 ft (Measured Depth) and has penetrated the primary L1 Sand target. Preliminary wire-line logging and RCI (MDT equivalent) analysis indicate
Apache Corporation said that a subsidiary’s Halyard-1 discovery well has commenced producing gas and condensate for delivery into the Western Australian domestic market. Production from the well, drilled in 2008 in production license WA-13-L, will be transported to market via an existing pipeline to
Nido Petroleum Limited , on behalf of the SC 54B Joint Venture, provides the following update on the progress of the Gindara-1 exploration well over the past week. At 06:00 hrs (WST) on 2 June 2011, the Gindara-1 well was at a depth of 2,745 metres MD (2,723 metres TVDss) and drilling ahead in the [
