Company secures highest number of production licenses on the Norwegian Shelf after Statoil Stavanger/Kassel. Wintershall is continuing to steadily expand its activities in Norway: the subsidiary Wintershall Norge ASA has just been awarded ten new production licenses from the Norwegian energy ministr
BG Egypt today announced the start of incremental gas production on 19 January 2011 through the first part of Phase 7 of the West Delta Deep Marine (WDDM) Concession (BG Group 50%. PETRONAS 50%). This represents another successful milestone in the phased development of WDDM. Managed by the Joint Ope
For the first time in twenty years, SOCAR has started developing Umid prospective structure by its own resources. Oilmen are supplied with all necessary conditions for favorable working and living conditions at Umid-1 platform installed at the field. Autonomous power station at the platform provides
Olympic Shipping has entered into a contract for delivery of one Offshore Support Vessel at Myklebust Verft, a yard in the Kleven Maritime group in Norway. Delivery is agreed as September 2011. Olympic Shipping has entered into a contract with Myklebust Verft, a yard in the Kleven Maritime group for
BHP Billiton today announced the approval of increased capital expenditure for the Esso Australia operated Kipper and Turrum projects in the Gippsland Basin, offshore Victoria. Kipper’s capital expenditure has increased to US$900 million (BHP Billiton share) and the facilities are now forecast to be
Aker Drilling intensifies its operations in strong growth markets, enters into Letter of Intent for the building of two drillships with options for additional two ships, aims to secure new capital and applies for listing on Oslo Stock Exchange – with Aker as minority shareholder in an independent dr
Secretary of the Interior Ken Salazar(right) and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich(left) announced the structures and responsibilities of two new, independent agencies that will carry out the offshore energy management and enforcement
A panel exploring North Carolina’s energy options asked for the community to voice its concerns about drilling for oil or natural gas off… By Ashlea Kosikowski (WECT) [mappress] Source: WECT, January 20, 2011;
Deep Sea Supply recently informed that it has taken delivery of “Sea Fox”, a newbuilding AHTS from ABG Shipyard, India. “Sea Fox” is the 5th delivery in a series of 9 newbuilding AHTS vessels from ABG. The Deep Sea Supply fleet now consists of 16 AHTS and 8 PSVs, in total 24 vessels. In addition [&h
Buccaneer Energy Limited (“Buccaneer” or “the Company”) provides update on the progress of the acquisition of a jack-up rig for operations in the Cook Inlet, Alaska. Buccaneer is in the process of negotiating and financing the acquisition of a jack-up rig that will have the capacity to operate in al
Dragon Oil plc , an international oil and gas exploration and production company, issues the following trading statement, which includes an operational update and financial highlights for 2010, and the results of the latest reserves assessment. All information referred to in this update is unaudited
Det norske has recieved Norwegian Petroleum Directorate’s permission to drill exploration well 6508/1-2 at the Skaugumsåsen prospect. The prospect is located in production license PL482 in the Norwegian Sea, south east of Norne. See illustration at the left for location, press for bigger. Det norske
Suncor Energy Inc. today announced changes to the company’s senior executive team and organizational structure. The changes are designed to fully support the company’s recently announced strategic growth plan, as well as to streamline certain areas of Suncor’s operations. All changes will be effecti
Santos, as operator of the offshore Otway Basin producing fields (Casino, Netherby and Henry), in which AWE has a 25% equity, has completed a reassessment of reserves in those fields. As a result the initial proven plus probable (2P) recoverable reserves from these fields have reduced from 602.5 PJ
