Uruguay state-run oil company ANCAP signed a contract with the international company Fugro for the provision of geophysical services covering a complete aero-magnetic survey of Pelotas, Punta del Este and Oriental del Plata offshore basins. It is expected that after signed the contract with Fugro, t
Leading international oilfield service company Expro announces today that it has secured a new subsea contract in the UK. TAQA Bratani has awarded Expro with a 12-month subsea contract in the North Sea. The contract will see Expro provide TAQA with large bore landing strings for their 2011 work scop
NOR Energy AS (NOR) and its partner Antrim Energy Inc. (“Antrim Energy”) have entered into two agreements that may lead to the resumption of exploration activities on the Production Sharing Agreement for the Pemba – Zanzibar exploration licence offshore and onshore Tanzania (the “P-Z PSA”). The two
AGR Petroleum Services, the world’s largest independent well management company, has appointed a new manager to oversee and grow its global consultancy division. Kirsty Crook, who has been a part of AGR Consultancy Services for nearly a decade, has now been promoted to have global responsibility for
Tap Oil Limited announced an underlying profit after tax (excluding nonrecurring items) of $2.9 million, up from a loss of $0.6 million in the previous year. Due to non-recurring items such as exploration impairments and write-downs , the company reported a loss after tax of $61.4 million, down from
Spring Energy has agreed to acquire Marathon Petroleum Norge AS’ 17.5 % interest in production license 438, located in the Barents Sea. An exploration well targeting the Skalle prospect is scheduled to be drilled in the license this summer. Lundin is the Operator for PL438, while the other license p
Apache Corporation announced the appointments of Rod Eichler to president and chief operating officer, and Roger Plank to president and chief corporate officer. John Crum, who served as co-chief operating officer and president — North America , is leaving the company to become chief executive office
EOC Limited (EOC or the Group), a leading provider of offshore oil and gas (O&G) support services in Asia, has secured a sizeable pipelay and platform installation contract from new clients – Chevron Offshore (Thailand) Limited, Chevron Thailand Exploration and Production, Ltd and Chevron Pattani, L
Det norske oljeselskap ASA, operator of production licence 468, is in the process of completing the drilling of wildcat well 6305/9-2. The well was drilled about 30 km east of the Ormen Lange field in the Norwegian Sea. The primary exploration target for the well was to prove petroleum in the Middle
Ithaca Energy Inc. announces that it has successfully completed the drilling of a water injection well for the Athena field development. Well 14/18b-A1 (“the well”) intersected 325 feet (on a true vertical basis) of net reservoir, exceeding the net reservoir requirements for water injection to suppo
Fairstar Heavy Transport N.V. (FAIR) has published its audited financial statement for 2010, recording a net profit after tax of USD 228 thousand. The report also highlighted the company’s activities in the international capital markets, successfully raising almost USD 100 million that was invested
The Marine Well Containment Company welcomed Interior Secretary Ken Salazar and Bureau of Ocean and Energy Management, Regulation and Enforcement (BOEMRE) Director Michael Bromwich to Houston on Friday as part of ongoing discussions about the company’s interim well containment response system. The s
Endeavour International Corporation announces the United Kingdom Department of Energy and Climate Change (DECC) has approved the Rochelle Field Development Plan (FDP) for Block 15/27 in the Central North Sea, now known as East Rochelle. This approval represents phase one of the development of the Gr
AGR Drilling Services has signed a NOK9.3m ($1.6 million) contract to supply its excavation technology and expertise – hot on the heels of a NOK84m deal for the company. The latest deal is with LOTOS Petrobaltic SA, the only Polish firm involved in oil exploration and extraction in the Baltic Sea. A
