Entek Energy Limited announced that well A-11 on NorthPadre Block 975, in which it is earning a 25% Working Interest, has successfully logged pay at multiple levels including the B7 primary target objective. The well has reached a Total Depth of 7,983’ MD and 7,573’ TVD and has encountered all objec
Statoil has struck gas in an exploration well north of the Mikkel field in the Norwegian Sea. The discovery is being considered for development as a satellite to the Åsgard field. ”This again shows how prospective this area is,” says Geir Richardsen, head of Statoil’s exploration of infrastructure-l
Rolls-Royce, the global power systems company, has received orders worth approximately £15 million to supply propulsion and control systems for seven offshore vessels being built in Brazil. The orders mark the continuing strength of the offshore segment in Rolls-Royce and reflect the company’s stron
BP says it expects to be using a mile-long tube to siphon crude from a gushing well beneath the Gulf of Mexico by Saturday night… [mappress] Source: wlox, May 16, 2010;
In the wake of the oil disaster in the Gulf of Mexico, many are questioning the safety of offshore drilling. One company is working hard… [mappress] Source: Anp, May 14, 2010;
Brazil’s National Petroleum Agency, or ANP, announced the discovery of about 4.5 billion barrels of recoverable oil in a massive offshore… [mappress] Source: Anp, May 14, 2010
Bergen-based specialist subsea service company DOF Subsea Norway AS has been awarded several significant contracts for company multipurpose vessel Geosund, ensuring solid utilisation through the summer. In late April, Geosund successfully completed annual subsea inspection work for Mærsk Olie og Gas
The oil spilling out of the damaged rig in the Gulf of Mexico has cost BP $450 million so far, the oil giant said on Thursday. [mappress] Source: sharecast, May 14, 2010;
EIVA announced the release of NaviCat software featuring catenary simulations related to anchor handling tug operations through integration with EIVA NaviPac including 3D visualization option. By utilizing predefined cable, MLB and anchor libraries NaviCat makes creation, modification and display of
China Sinochem Group Corp., China’s fourth-largest oil company in terms of assets, will bid in oil and gas exploration licensing round to be held by Colombia in June, a company official said. The state-run Sinochem, which is already active in the South American country following its acquisition of E
Jee, a pipeline, riser and subsea engineering firm, has been awarded a 3 year contract extension, with a further optional 2 years, for the integrity management of Perenco’s 1600km of pipelines and umbilicals in the southern North Sea. This contract is part of Jee’s ongoing relationship with Perenco
Dragon Oil plc , an international oil and gas exploration and production company, today announces further details regarding two contracts awarded for the construction of two new platforms in its Cheleken Contract Area, located in the Caspian Sea, off-shore Turkmenistan. The first contract was awarde
Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has sold the platform supply vessel “Far Viscount”. The vessel, the smallest in the Farstad-fleet, is built in 1982 and has been idle in Brazil since last autumn. Delivery of the vessel to the new owner took place Tuesday 11 May. The
At the start of May the drilling rigs and operating services provider, Northern Offshore, which has offices in Aberdeen, secured a $120… [mappress] Source: TheScotsman, May 12, 2010;