On May 13, a presentation on carrying out 3D-seismic survey on the prospective structure “Shafag-Asiman” was hosted at SOCAR Head Office. Opening the ceremony, SOCAR first vice-president Mr. Khoshbakht Yusifzadeh gave detailed information on the prospective structure “Shafag-Asiman”. According to hi
Hamworthy has won a major contract from Hyundai Heavy Industries (HHI) to supply a complete inert gas generator system, as part of the shipbuilder’s latest Floating Production Storage and Offloading (FPSO) newbuild contract. The contract calls for delivery of a fully assembled inert gas system (IGS)
Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Fi
Lundin Petroleum AB (Lundin Petroleum) announces that drilling of the first appraisal well 16/3-4 on the Avaldsnes discovery located in PL501, in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The main objective of the well 16/3-4 is to delineate the Avaldsnes discover
Navingo BV – organizer of Offshore Energy 2011 Exhibition & Conference (11 & 12 October, Amsterdam RAI) – is pleased to announce that André Goedée, CEO of Dockwise, and Michael Kahn, CEO of Jumbo, will join the Committee of Recommendation. This Committee will help secure the international ambitions
Drilling operation of the first well at the South Pars gas field phase 14 will be started this week, the operator of the South Pars gas field phase 14, Mr. Galedari announced here. He went on to say that drilling appraisal well of the phase is scheduled to start at the end of the […]
Joy Global Inc. , a worldwide leader in high-productivity mining solutions, today announced that it has entered into a definitive agreement to acquire a 100 percent ownership interest in LeTourneau Technologies Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) for $1.1 billion in cash. LeTour
A new threshold has been reached in the price of natural gas: $8.50 per million British Thermal Units (BTU) – the price reportedly … Source: Globes-Online [mappress] Source:Globes , May 16, 2011;
Japan Oil, Gas and Metals National Corporation decided to provide equity capital finance to a subsidiary of Mitsubishi Corporation for an exploration project off Western Australia. Diamond Resources Exmouth Pty. Ltd. (“DRE”), a wholly-owned subsidiary of MC, has recently entered into a 25% farm-in-a
After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com
Electromagnetic Geoservices ASA (EMGS) announces that, on the basis of the new production licences awarded to its customers in the 21st Licensing Round on the Norwegian Continental Shelf, it expects to realise uplift revenues of USD 5.4 million from the Barents Sea multi-client 3D EM campaign in 201
P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has today signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a t
Octanex N.L. has been advised by Eni Australia Limited, the Operator of the Galahad-1 well located in the outer Exmouth Plateau permit, WA-363-P, that at 07:00 hours WST (Western Standard Time) on Monday, 16 May 2011, the well had reached its total depth (TD) of 3448m MDRT (measured depth below rota
Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a NOK18m (£2m) deal contract with AGR to use its innovative Riserless Mud Recovery technology (RMR®) in the North Sea. The contract, which lasts until the end of March 2013, is for multiple wells on E.ON Ruhrgas’s Huntington Field in the UK sect
