Santos today announced that the Zola-1 exploration well in WA-290-P, located in the Carnarvon Basin offshore Western Australia, has intersected over 100 metres of net gas pay sands over a 400 metre gross interval in the primary target, the Mungaroo formation. Wireline logging and pressure testing co
Ophir Energy plc (Ophir), the Africa-focused upstream oil and gas company, announces that a gas discovery has been made in the Chaza-1 exploration well offshore Tanzania. This is the first gas discovery in Block 1 but the third consecutive discovery made in this drilling campaign following on from t
On Friday, April 1, Alaska Industrial Development and Export Authority (AIDEA) Board of Directors unanimously approved a resolution authorizing AIDEA to enter into a Joint Ownership Agreement with Buccaneer Energy Limited and Ezion Holdings Limited, and to expend up to $30 million to fund the acquis
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a deepwater permit for the drilling of an eighth well that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the
Jasper Investments Limited (Jasper) has exercised its option with Keppel FELS Limited (Keppel FELS) to build a second KFELS B Class jackup rig at US$180 million for delivery in 1H2013. The single-rig option was given to Jasper when the customer ordered its first jackup from Keppel FELS in December 2
The Marine Well Containment Company (MWCC) announced Friday that BHP Billiton has joined as a member. “BHP Billiton, which has producing assets and a significant acreage position in the deepwater Gulf of Mexico, has elected to join the Marine Well Containment Company,” said Marty Massey, MWCC chief
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for March 2011. Technical Uptime for March 2011 was as follows: (%) FPSO Sevan Piranema 90 FPSO Sevan Hummingbi
Petrobras carried out successfully the first offshore bunkering operation, in which fuel is transferred from one vessel to another, in São Luís (state of Maranhão), on March 26. The procedure was performed about 20 kilometers away from the entrance to the port of São Louis, where 95% vessels bound f
On March 30th, the company’s second drillship, Ocean Rig Olympia was delivered from the SHI Shipyard in Korea. Ocean Rig Olympia is now mobilizing to Ghana for her first contract. Naming Ceremony for the Company’s second drillship took place at the Samsung Heavy Industries Shipyard in Korea on Decem
Helix Well Containment Group (HWCG) brought together more than 225 technical professionals from the oil and gas industry for a comprehensive, day-long tabletop exercise designed to increase members’ coordination and preparedness in the event of a subsea well containment incident. HWCG is a consortiu
As a result of the decision made by Det norske, a plan for development and operations (PDO) for the Frøy field will not be filed this year, and it has not been decided when such a plan will be submitted. The plan was to submit a PDO in the autumn 2010 with a FPSO […]
During the period 2-4 February 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of selected technical and operational barriers in the process facility on Statfjord B. The audit is part of the processing in connection with the application for extended lifetime for Statfjord B(ph
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), announces the immediate sale of its US oil and gas portfolio in the Gulf of Mexico to Dynamic Offshore Resources LLC (“Dynamic”) for a consi
Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade. Statoil and its partners are in the process of co
