Otto Energy Ltd advises that Mr Paul Moore, Managing Director of Otto Energy Ltd has given notice of his resignation effective close of business Friday, 1 July 2011. Mr Moore has explained that his decision, not made lightly, was for personal reasons and he will be relocating overseas. The Board has
TGS announces that it has signed a Letter of Intent with Dolphin Geophysical AS to charter the M/V Polar Duke for 3D multi-client projects in Europe during the 2011 summer season. The charter will begin in May 2011 and will last for a minimum of 3 months. The agreement also provides an option for [&
Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB (Lundin Petroleum), operator of production licence 338, has completed well 16/1-15 on the Tellus prospect as an oil discovery. The well has been successfully tested and a comprehensive logging and coring program has been acquired. Th
Solstad Offshore ASA (SOFF) has entered into agreement with NOR’s other shareholder, Nortrans Invest Pte. Ltd for the purchase of their 40,9% ownership share in NOR. SOFF will, after the transaction, own 100% of the share capital in NOR. The transaction is estimated to be completed April 14th 2011,
Maersk Drilling has signed a contract with Samsung Heavy Industries (SHI) in South Korea for the construction of two ultra deepwater drillships. The drillships are scheduled for delivery in the third and fourth quarters of 2013, respectively. The total project cost for the two drillships is close to
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. The well is being drilled in
A working meeting was held yesterday at the Gazprom headquarters. Participating in the meeting were Alexey Miller, Chairman of the Management Committee of Gazprom, Helge Lund, President and Chief Executive Officer of Statoil and Christophe de Margerie, Chairman and Chief Executive Officer of Total S
Neptune announces that its Geomatics division has been awarded a contract with Santos for the provision of rig positioning services. The Neptune team will be deployed onboard the Stena Clyde Mobile Offshore Drilling Unit(photo) for the program of works scheduled in the Carnarvon Basin and Timor Sea.
Polarcus Limited announces that the Company has received a Letter of Intent for a 550 square kilometer 3D seismic acquisition project West of Shetlands, offshore United Kingdom. The project, subject to the execution of a service contract, will commence in August 2011 and is expected to run for appro
Buccaneer Energy (BCC) is putting the final pieces in place to bring the first rig to the Cook Inlet in over 16 years. On Friday, April 1st Alaska Industrial Development and Export Authority, (AIDEA) unanimously approved resolution G11-07 allowing AIDEA to join a joint operating venture with Kenai O
The C-NLOPB is responding to criticisms made in the media recently in relation to spill reporting. The C-NLOPB received notification from Suncor on March 28 of a 26,400 litre spill of synthetic based mud (SBM) from the MODU Henry Goodrich to which Suncor, the Operator, responded immediately. The Boa
Noble Energy, Inc. announced recently that it has suspended drilling operations at the Leviathan #1 location, which was testing deeper potential in the well, offshore Israel. The Company identified wear on the wellbore casing, requiring additional material and equipment necessary to complete the dri
Northern announces that Northern Petroleum (UK) Limited (“NPUK”) has applied to the Italian authorities for the transfer to Shell Italia E&P S.p.A (“Shell”) the role of Rappresentante Unico (“Operator”) for six permits offshore west of Sicily; G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP and G.R
Cue Energy Resources Ltd announces that acquisition of the Te Whatu and Pungarehu 2D Seismic Surveys has commenced in permits PEP 51313 and PEP 51149 in the Taranaki Basin of New Zealand. The Te Whatu survey comprises 636 km of 2D seismic data and is being acquired with the Seabird Exploration vesse
