East Muriah PSC Pearl Energy (East Muriah) Ltd (“Pearl”), as Operator of the East Muriah PSC in the East Java Basin has advised that the East Lengo-1 exploration well started drilling on May 28, 2010. AWE Limited (“AWE”) has elected not to participate in the East Lengo-1 exploration well and Pearl w
TANJUNG Offshore Bhd , an integrated oil and gas (O&G) service provider, is bidding for over 50 O&G services contracts worth a combined… [mappress] Source: btimes, June 1, 2010;
SBM Offshore N.V. is pleased to announce that one of its Affiliates and Queiroz Galvão Óleo e Gás S.A., have received a Letter Of Intent from PETROBRAS NETHERLANDS B.V.and PETROLEO BRASILEIRO S.A. – PETROBRAS as Operator of the Consortium BM-S-11, established by companies PETROBRAS (65%), BG E&P do
Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Petroceltic International plc (“Petroceltic”) to farm in on Petroceltic’s Central Adriatic B.R268.RG Permit offshore Italy. The farm-in commits Orca to fund 30% of the Elsa-2 appraisal well up to a m
BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. This follows an announcement on May 29 to move to the next step in the subsea operations. Subsea Source Control and Containment Preparations are ongoing for deployment of the lower marin
John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc., announced that oil production has been achieved from the North Amethyst field offshore Newfoundland & Labrador. Oil began flowing from the field on May 31. North Amethyst is the first satellite field development at Husky’s Whit
Royal Dutch Shell and its joint venture Shell Petroleum Development Company (SPDC) recently announced sweeping plans to clean up all areas of the Niger Delta where they operate, compensate local communities for past injuries, and institute a local stakeholders program that will contribute to lifting
Shell Petroleum Development Company (SPDC)and Caverton Helicopters Limited, an indigenous company, have sealed a N93.73 billion… [mappress] Source: businessdayonline, May 31, 2010;
The federal government is moving ahead with plans to grant new offshore oil-exploration licences in Canada’s Arctic, despite the U.S. government’s expanding freeze on offshore drilling in the wake of the Gulf Coast spill. Moreover, any company granted an exploration licence in Canada’s portion of th
Seadrill Limited (“Seadrill”) announces the acquisition of a further 9,071,948 shares in Scorpion Offshore Limited (“Scorpion”) on Friday, May 28, 2010 taking its total holding to 45,010,851 shares, representing 50.11 percent of the issued shares in Scorpion. The acquisition of the additional shares
The Netherlands has finally been asked to help clear up the oil spill in the Gulf of Mexico. Oil spill specialists Koseq have been… [mappress] Source: rnw, May 31, 2010;
The Green Party wants the oil drilling programme in New Zealand’s Great South Basin to be stopped, until the cause of the US oil catastrophe is identified. Party co-leader Russel Norman says the basin off the South Island’s south-east coast, is home to sensitive marine mammals and ecosystems that wo
The Prime Minister of East Timor, Xanana Gusmao, has vowed to make a historic stand against corporate giants that plunder the resources… [mappress] Source: smh, May 31, 2010;Shell
Kairiki Energy Limited announced that Nido Petroleum Limited , as Operator of Service Contract 54A (SC 54A), advise that first oil flowed to surface at 11:00am (Manila time) on 30 May 2010 from the Tindalo-1 well. This follows the conclusion of well completion operations on the Tindalo-1 oil well ea
