Under the charter contract with Centrica Energy Upstream, the charter is automatically extended by six months unless notice is given six months prior to the expiration of the contracted period. The expiration of the currently contracted period was September 28, 2011, and the charter for FPSO Sevan H
The Board of Desire Petroleum plc announces the appointment of Mr Ken Black as Exploration Director. Aged 51, Ken is a petroleum geoscientist with 30 years experience in the oil industry. He began his career as a geophysicist with BNOC/Britoil before moving to Clyde Petroleum Plc where he became an
Statoil has been granted consent to use the mobile facility Scarabeo 5 for permanent plugging of well 6506/11-A-3H in the Norwegian Sea. The well is part of production licence 134B/C and is located on Morvin, about 20 kilometres north of the Kristin field and 15 kilometres west of the Åsgard field.
Siem Offshore Inc. (“the Company”) announces that it will enter into the business for submarine cable installation, repair and maintenance projects. The Company has identified the installation of submarine cables and associated services to be an emerging growing market, both with respect to field an
Petrobras CEO, José Sergio Gabrielli de Azevedo, spoke on Tuesday (03/29) about the global energy scene during the 2011 Conference of the ARPEL – Regional Association of Oil, Gas, and Biofuels Sector Companies in Latin America and the Caribbean -, held in Punta del Este, Uruguay. During his address,
Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth 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. Th
The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi announced. He said that about $60 billion will be allocated to the upstream projects
OSX Brasil S.A. (“OSX”), a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, announces that O
Solstad Offshore ASA (SOFF) has entered into two long term contracts with Petrobras SA for the “Normand Mariner” and “Normand Master” (23.500 bhp AHTS build in -02 and -03). The two contracts have a duration of 4 years firm with an option to extend each contract for an additional 4 more years. The v
The oil industry has signed contracts with three suppliers for the purchase of new oil spill contingency equipment to protect the coast of Finnmark. 75 per cent of these investments will go to companies from northern Norway. The equipment will be located in depots to be established in Hasvik and Mås
PTT Exploration and Production Public Company Limited (PTTEP) announces that PTTEP Sidi Abd El Rahman Company Limited (a subsidiary of PTTEP), has withdrawn the entire 30% participation interest from Sidi Abd El Rahman Offshore Project in the Arab Republic of Egypt after fulfillment of the explorati
Desire Petroleum plc the oil and gas company wholly focussed on the North Falkland Basin announces that the 14/15-3 exploration well on the Ninky prospect was spudded at 02.45 BST on 29 March 2011. The prospect is a combined structural dip and stratigraphic pinch-out trap with multiple reservoir tar
TGS announces that it will conduct extensive reprocessing of over 13,550 km of 2D multi-client seismic data located in waters off the Faroe Islands. This project, designated Offshore Faroe Reprocessing 2011, will extend to the UK/Faroe border. The data for the reprocessing has been made available by
Station711, the mobile satellite arm of RRsat Global Communications Network Ltd (NASDAQ: RRST), an innovative and flexible mobile satellite communications provider, announced today that it has signed a contract for the provision of Inmarsat FleetBroadband services to Swire Pacific Offshore (SPO) in
