Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced that its subsea construction division, EMAS AMC, has secured contracts worth more than US$65 million, including options, for projects in the Gulf of
Environment Minister Tony Burke has approved a proposal by GDF SUEZ Bonaparte Pty Ltd and their venture partner Santos Offshore Pty Ltd, to develop the Bonaparte Floating Liquefied Natural Gas Project subject to 15 strict conditions. The Bonaparte floating facility will be located approximately 250k
Grup Servicii Petroliere S.A. has been awarded the contract for pipelay and trenching services for the Hunter Pipeline Replacement Project by E.ON E&P UK LIMITED. The scope of work comprises installation of 8 km 8’’ pipeline between Hunter well head and Murdock K well, trenching and backfilling, sur
Aberdeen based Wood Group Engineering (North Sea) Ltd has awarded a contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offsho
Lundin Petroleum AB (Lundin Petroleum) has completed the Merawan Batu-1 exploration well in Block PM308B, offshore east coast Peninsula Malaysia. The exploration well targeted hydrocarbons in Oligocene aged sands in a faulted anticline in an undrilled area 50 km to the west of the Janglau oil discov
The executive committee of Euronav NV announced that the company sold the VLCC Algarve (1999 – 298,969 dwt) for a selling price of USD 35,875,000 million and that the vessel was delivered to its new owner. A capital gain of USD 7.3 million will be recorded whilst the net cash proceeds available to t
Statoil ASA, together with partner Sinochem, has completed drilling the appraisal well 3-STAT-8-RJS on the Peregrino South discovery in the Campos basin offshore Brazil. The results confirm the significant potential in the Peregrino South in the exploration well that was completed in April 2011. The
Last week, during the EEA grant conference arranged by Innovation Norway and CDTI in Bergen, the Norwegian company Langlee Wave Power and Repnaval Shipyard (Zamakona Yards) signed an agreement for the development of wave power in the Canary islands. The two companies will file a common application t
Statoil’s internal investigation report following the gas leak on the Heimdal platform on 26 May this year has been submitted to the Petroleum Safety Authority Norway. The gas leak occurred in connection with a routine operation where a valve was overloaded and gas leaked into the surrounding area.
Bridge, the Oslo Axess and AIM listed oil and gas exploration and production company announces that the drilling of exploration well 16/1-16 has started on the Asha/Noor prospect in Norway. This multi-target well, located on the western flank of the Utsira High in the Norwegian North Sea has the pot
RWE Dea Norge AS, a subsidiary of the German oil and gas company RWE Dea AG, has signed an agreement with Dolphin Drilling AS to use the Bredford Dolphin rig, in cooperation with three other oil companies. For RWE Dea Norge the contract entails full rig capacity in the years ahead for the planned dr
ROC advises that BC Petroleum Sdn Bhd (“BCP”), the Company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, has drilled the Bentara-2 well to a total depth of 2755 metres TVDss (TD) and has encountered hydrocarbons. Shareholders of BC Petroleum Sdn Bhd
Fastnet Oil and Gas plc (“Fastnet” or the “Company”), the recently listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa,has announced that its wholly-owned subsidiary, Fastnet Oil and Gas Ireland Ltd, has signed an agreement with WesternGeco Seismic Holdings Ltd
Tap Oil Limited announces that the drilling rig is on location on its Kinnaree-1 exploration well. The Kinnaree-1 exploration well is the second well in the Thailand 2012 exploration drilling campaign. The Kinnaree A West prospect is located in the G1/48 concession within the Kra Basin, some 15 kilo
