One of the world’s largest independent offshore survey companies has announced deals worth $3 million.
UTEC Survey operates from Houston, Aberdeen, Rio de Janeiro, Calgary, Perth, Singapore, St. John’s, Naples and Dubai and has just announced the two contracts which see the utilization of additional vessels in West Africa and the Arabian Gulf.
The ... more
Crown Point Ventures Ltd. (TSX VENTURE:CWV) ("Crown Point" or "the Company") is pleased to provide this operational update and announce that the first well (EV 34) of the ten well 2012 drilling program on its El Valle concession in the Golfo San Jorge Basin, Argentina has been successfully completed as an oil well. In addition, the Company advises that the second well to be drilled ... more
Today one hundredth billion cubic meter of gas has been produced at the Yuzhno-Russkoye oil and gas field.100 billion cubic meters of gas is an indicator of Severneftegazprom stability and effective performance. This result was achieved through the use of new gas production technologies, professional team work, support of the shareholders ... more
Tethys Oil is a Swedish energy company focused on identification and development for production of oil and natural gas assets. Tethys’ core area is the Sultanate of Oman, where the company is the second largest onshore oil and gas concession-holder with licence interests in three onshore blocks. Tethys also has licences onshore France, Lithuania and Sweden. Tethys’ strategy ... more
Heritage Oil Plc (TSX:HOC)(LSE:HOIL) ("Heritage" or the "Company"), an independent upstream exploration and production company, issues its Interim Management Statement for the period from 1 January 2012 to 18 May 2012, in accordance with reporting requirements of the EU Transparency Directive.The Miran West-3 well, which commenced drilling in August 2011, has reached ... more
Cumberland Oil & Gas Ltd. (TSX VENTURE:COG) ("Cumberland" or the "Company") is pleased to provide an update on the status of the proposed drilling of an Upper Montney horizontal well on its land at West Nig, British Columbia.In December 2011, Cumberland reported that it had entered into a farm-out and joint venture agreement coverings its 1,128 hectares at West Nig. ... more
Marathon Oil Corporation (NYSE: MRO) announced today that Janet F. Clark, Marathon Oil executive vice president and chief financial officer, will present at the UBS Global Oil and Gas Conference in Austin on Thursday, May 24 at 8:40 a.m. CDT.A live audiocast of the remarks will be accessible via Marathon Oil's website at http://www.marathonoil.com. ... more
Africa Oil Corp. (TSX VENTURE:AOI)(OMX:AOI) ("Africa Oil" or the "Company") is pleased to provide an update on the drilling program in Puntland, Somalia.The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for future testing. In addition to the previously announced ... more
Horn Petroleum Corporation (TSX VENTURE:HRN) ("Horn Petroleum" or the "Corporation") is pleased to provide an update on the drilling program in Puntland, Somalia.The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for future testing. In addition to the previously ... more
Oklahoma operations update Nostra Terra, the AIM quoted oil and gas producer, with a growing portfolio of horizontal and vertical drilling projects in the USA, is pleased to announce that the third horizontal well in Oklahoma has been spudded. The first and second horizontal wells have finished drilling and are awaiting completion.The first horizontal well is within ... more
The Shaw Group Inc. (NYSE: SHAW) today announced it has signed a new contract with Wolf Creek Nuclear Operating Corporation to provide maintenance and other support services to its nuclear power plant northeast of Burlington, Kan. The Wolf Creek Generating Station provides energy for approximately 800,000 residences in Kansas and Missouri.
John Holland has signed a memorandum of understanding with Isaac Plains Coal Management to negotiate final contract terms on a one-year mining services contract extension, and begin negotiations on an additional three year agreement.
JP Kenny Norway has signed a Front End Engineering Design (FEED) contract with Norske Shell for the high temperature, high pressure Linnorm project in Norway. Valued at approximately US$9 million (NOK 55 million), this contract forms part of a global Enterprise Frame Agreement awarded to Wood Group Kenny earlier this year by Shell Global Solutions International BV.
The premier of South Australia state is confident the US$30 billion expansion of BHP Billiton Ltd.'s Olympic Dam mine will go ahead despite the mining company's pledge to reassess its spending plans, the Australian Financial Review reported Friday.
Rio Tinto PLC (RIO) has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, according to referral documents posted Friday on the Australian government's environmental website.
The chairman of Mexican precious metals producer Fresnillo PLC said Friday that it remains committed to investing in exploration and new projects despite uncertainty regarding gold and silver price forecasts for the remainder of the year.
Thiess Indonesia has been awarded a US$393 million coal mining contract by PT Tamtama Perkasa, a member of the Barito Pacific Group.
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) confirmed today the in-service date of the Bruce A Unit 2 reactor at the Bruce Power nuclear power facility in Ontario will be delayed.
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract from Evonik Industries AG to provide basic engineering services for an investment in a grassroots polyamide 12 production facility in Asia.
Newmont Mining Corp. plans to complete a review of recommendations for its stalled Minas Conga copper and gold project in Peru in the next few weeks, a company spokesman said Tuesday.
GE (NYSE: GE) will supply 38 wind turbines for four wind projects in construction in Northern Poland. When operational, these projects, referred to collectively as Darlowo Wind Energy Center—Phase Two (Darlowo—Phase Two), will mark the first use of GE’s 2.5-megawatt class wind turbines that feature 103-meter rotors for high productivity in Poland.
Chilean regional environmental authorities approved global diversified mining company Xstrata PLC's Cuervo hydroelectric project Tuesday.
KBR (NYSE: KBR) announced today that KBR Building Group has been awarded a contract by LCOR—a leading real estate development company—to provide construction services for Aurora, a luxury high-rise residential project in North Bethesda, Md.
Leighton Contractors Pty Limited has today received formal notification as preferred contractor for the mining and operations at the Solomon iron ore project, owned by Fortescue Metals Group Ltd (Fortescue).
McDermott International, Inc. (NYSE: MDR) ("McDermott") announced today that its Malaysian affiliate Berlian McDermott Sdn. Bhd. was recently awarded a significant subsea contract for executing a deepwater engineering, procurement, construction, transportation, installation and commissioning project offshore Malaysia. The value of this contract is included in McDermott's first quarter 2012 backlog
E.ON AG's Chief Financial Officer said Wednesday the German utility could incur considerable costs related to the delayed start of production of a natural gas field offshore Norway.
Czech 70% state-owned power company CEZ AS Wednesday for the first time said it is seriously considering finding a strategic partner for the Temelin nuclear power plant expansion project.
A consortium including Australian investment bank Macquarie Group said Wednesday that it plans to build a 10-million-barrel oil storage terminal in Louisiana, a $600 million bet on both rising North American crude production and increasing exports of refined petroleum products.
Iraq said Saturday that six international companies have submitted bids to build a 1,500-megawatt power plant in the central Iraqi province of Anbar.
TransCanada Corporation (TSX, NYSE: TRP) (TransCanada) today announced that it has concluded a successful open season for the Keystone Hardisty Terminal project. Sufficient firm commitments were secured from parties interested in accessing the new terminal at the starting point of TransCanada's Keystone Pipeline System.
First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today announced that it has received a written confirmation of an offer from Zambia Electricity Supply Corporation Limited ("Zesco"), for the connection and supply of power to the proposed Sentinel copper project in Zambia at a mutually-agreeable electricity tariff level.
Leighton Contractors will deliver $800million worth of gas and water infrastructure across rural and central Queensland after having been awarded two key contracts by Australia Pacific LNG.
Leighton Contractors has been awarded a $93million Engineer, Procure and Construct(EPC) contract by JKC Australia LNG Pty Ltd for the Temporary Site Facilities Works at Blaydin Point, Darwin, Northern Territory.
In cooperation with AffaldVarme Aarhus, which is part of Aarhus Municipality’s Technical Services and Environment, DONG Energy has decided to extend the service life of Unit 3 of Studstrup power station in Aarhus, so that the plant can continue in operation in the period to 2030.
Siemens Energy has been awarded a contract to provide long-term maintenance services for the pioneering Santos GLNG Project in Queensland, Australia. The multi-million dollar service order is Siemens' largest ever for its small gas turbine (SGT) product line. The customer is Santos GLNG, which is a joint venture between Santos, PETRONAS, Total and KOGAS.
Foster Wheeler AG (Nasdaq: FWLT), under the auspices of the Foster Wheeler WorleyParsons (FWW) joint venture, congratulates Woodside on achieving LNG production and first cargo at its Pluto LNG Project in Australia.
John Holland has been awarded the $570 million contract to deliver the City to Maribyrnong River section of Victoria’s Regional Rail Link project. The project will be delivered under an alliance contract, with construction partners Abigroup and Coleman Rail and design partners AECOM and GHD.
The Atlantic Wind Connection offshore wind transmission line cleared a regulatory hurdle Monday as the Interior Department said it hadn't received any overlapping interest in similar projects from competitors.
Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge. The agreement does not involve any change of stakes in the production licence (PL 036D).
The Queensland government has withdrawn its support for a 9 billion Australian dollar (US$8.86 billion) coal port expansion in the northern part of the state, in a sign the country's resources boom is losing steam.
Total’s well intervention operation has stopped the G4 well gas leak at the Elgin complex in the UK central North Sea.
Tullow Oil says a drillship has been contracted for two wells offshore French Guiana.
Fabricator Lamprell warns that its performance will be affected by delays in specialist vendor equipment deliveries for newbuild jackup projects.
Statoil (OSE:STL;NYSE:STO) has agreed to transfer operatorship of the Vilje field in the Norwegian North Sea to Marathon Oil Norge.
BG Group has its fifth consecutive gas discovery offshore Tanzania.
SBM Offshore says the Deep Panuke jackup platform remains on course to produce first gas offshore Nova Scotia this summer, following earlier construction-related delays.
ONGC’s board has approved development of the Western Periphery area of the Mumbai High South field (Phase-III redevelopment).
Apache (NYSE:APA) has drilled a productive extension well from the Beryl field in the UK central North Sea.
Mermaid Maritime subsidiary MTR-2 has won a contract for use of the tender drilling rig MTR-2 on a client’s oil and gas fields offshore Indonesia.
Statoil (OSE:STL; NYSE:STO) has awarded AF Group a contract, on behalf of operator Gassco, to remove and recycle the B-11 compressor platform in the German North Sea.
Cemre Shipyard has delivered its 20th platform supply vessel, Vestland Mira, to Norwegian contractor Havyard Group, on behalf of Vestland Offshore.
Otto Marine Ltd. (SP.OTML) has chartered two anchor-handling tug supply vessels for work offshore Africa.
Eni (MI:ENI;NYSE:E) has a new gas discovery offshore Mozambique at the Coral 1 well in Area 4.
OGX Petróleo e Gás Participações S.A. (Bovespa: OGXP3; OTC: OGXPY.PK) has sent a Declaration of Commerciality on part of the Waimea Complex to Brazil’s National Petroleum, Natural Gas, and Biofuels Agency.
Ulstein has delivered the CBO Pacifico platform supply vessel, the second PX106 design newbuild for CBO this year.
Anadarko Petroleum Corp. (NYSE:APC) has discovered a “major” new natural gas reservoir in Offshore Area 1 of the Rovuma basin, Mozambique.
Statoil (OSE:STL;NYSE:STO) has contracted Seadrill’s deepwater drilling semisubmersible West Aquarius for exploration offshore Newfoundland.
African Petroleum (NSX:AOQ) has contracted Prospector Pte (BGP Marine) to acquire seismic surveys on two blocks offshore Cote d’Ivoire.
Iranian Offshore Engineering and Construction Co. (IOEC) expects first gas deliveries in September through a new pipeline in the Persian Gulf.
Total (NYSE:TOT; Paris: FP FP) has completed installation of the new AGMN platform for its Anguille field redevelopment offshore Gabon.
FMC Technologies Inc. will supply the offshore loading arm systems to the Shell Prelude FLNG project.
Wärtsilä Hamworthy has won a contract to supply its flare gas recovery packages to four FPSO units under construction for Petrobras.
Songa Offshore has contracted Daewoo Shipbuilding and Marine Engineering to build two semisubmersible drilling rigs for a total of $1.1 billion.
A specialist Norwegian team is preparing an environmental report on the North Sea and Skagerrak area off southern Norway.
Borders & Southern has spudded its second well south of the Falkland Islands.
RWE Dea has awarded AGR a frame agreement to provide reservoir services.
Nord Stream’s shareholders have asked the company to perform a feasibility study on ways of increasing capacity to transport gas from Russia to the EU countries via the Baltic Sea.
Serica Energy says compression facilities were installed at the Kambuna gas field offshore North Sumatra in an attempt to slow natural production decline.
CGX Energy’s Eagle-1 well off Guyana failed to find commercial hydrocarbons.
BPZ Energy says fabrication of the CX-15 platform for the Corvina field off Peru continues at the shipyard in China.
Delek Group says its subsidiary companies plan to participate in a consortium applying for acreage under Cyprus’ upcoming offshore bid round.
Afren says an exploration well on the shallow-water Ebok north fault block (Ebok NFB) has encountered 370 ft (113 m) true vertical thickness of net oil pay in good quality sands.
Providence Resources looks to drill two further exploration wells off southern and eastern Ireland this year, following its recently completed Barryroe appraisal well in the Celtic Sea.
China National Offshore Oil Corp. (CNOOC) has signed a production sharing contract with Roc Oil (Bohai) for block 09/05 in Bohai Bay.
Norwegian Energy Co. ASA (Noreco) has spudded exploration well 6201/11-3 in PL 519 in the North Sea.
Total says its preparations for a well intervention on the leaking Elgin G4 gas well in the central North Sea are nearing completion.
Petroleum Safety Norway has authorized BP Norge to drill an exploration well in the Norwegian Sea.
Petrofac has started modification and upgrade works to the FPF5 mobile operating production unit (ex-Ocean Legend).
Endeavour International (NYSE: END; LSE: ENDV) has started to work on a transaction concerning the Alba field in the UK central North Sea.
Aveon Offshore has completed manufacture and load out of the Oyot A jacket and piles for Phase 1 of the Nigerian National Petroleum Corp./Mobil Producing Nigeria joint venture offshore satellite field development project in OML 67 and 70.
A helicopter supporting offshore activity in the North Sea crashed earlier today.
The licensees in the Johan Sverdrup discovery in the Norwegian North Sea plan to select a development concept in late 2013 and start production in 4Q 2018, according to co-operator Statoil.
Providence Resources has updated its Barryroe oil discovery technical assessment.
TGS (TGS:Oslo) has started to acquire 3,210-sq km (1,239-sq mi) of 3D multi-client seismic data over the Erlend basin, west of Shetland.
National Iranian Oil Co. claims its contractors have set a new record for installation of a jacket in the Persian Gulf.
Statoil (OSE:STL;NYSE:STO) and partners Eni (MI:ENI;NYSE:E) and Petoro have agreed on further exploration drilling in the Skrugard area of the Norwegian Barents Sea.
Since 2004, the loss of 1.5 MMb/d from its super-giant Cantarell field has prompted PEMEX E&P to look again at its portfolio of undrilled prospects in the shallow waters of Campeche.
Scottish company M Squared has developed a laser-based hydrocarbon detection and imaging system it says can identify the smallest of leaks on production platforms, pipelines, and processing plants from hundreds of meters away.
Lundin Petroleum says a storm offshore Tunisia in March caused damage to a flowline connected to the Oudna field.
Medoilgas Italia has won a three-year extension until May 2015 for an exploration permit offshore eastern Italy.
Petrobras has contracted Oceaneering International to supply 200 km (125 mi) of thermoplastic production control umbilicals for projects in the Santos basin offshore Brazil.
Topaz Energy and Marine has completed construction of two anchor handling/offshore support/towing vessels for BP.
Centrica Resources Norge has started drilling the Cooper prospect in the Norwegian Sea, using the semisub West Alpha.
Saipem has contracted Fairstar Heavy Transport to provide floatover and installation services for a platform offshore Iraq.
The semisub Bredford Dolphin has started drilling an exploration well for Lundin Petroleum (NASDAQ:LUPE) on the Albert prospect in the Norwegian North Sea.
Gross revenue generated from the UK oil and gas sector rose 28% last year to $2.8 billion, according to a report by industry association Oil & Gas UK.
The deadline to submit an abstract for consideration as a presentation at Offshore West Africa Conference and Exhibition is extended to May 22.
McDermott International Inc. (NYSE: MDR) subsidiary Berlian McDermott Sdn Bhd has won a contract for subsea engineering, procurement, construction, transportation, installation, and commissioning in deepwater offshore Malaysia.
Marsh Bellofram has introduced the King-Gage LP3 Marine System, a complete tank liquid level and vessel draft measurement solution.
Cairn Energy has completed the acquisition of Agora Oil & Gas AS.
Bureau of Safety and Environmental Enforcement Director James A. Watson delivered remarks in early May at the Offshore Technology Conference in Houston, Texas.
GE Energy (NYSE: GE) has invested $10 million for the development of a new oil and gas training facility in Houston.
FES International has secured a contract to supply stab plate connectors with retraction mechanisms to Bluewater Energy Services for a turret being delivered by AMEC to Marine Well Containment Co.
Petróleo Brasileiro S.A. has signed a $1.7-billion agreement to convert four VLCC vessels into hulls for platforms P-74, P-75, P-76, P-77, and for the transfer of rights areas.
Centrica Energy has produced first gas through its Ensign platform in the UK southern North Sea.
Australia has awarded 12 new offshore exploration permits off Western Australia and Victoria, and expects to see $303 million in area investments in the next three years.
Caithness Oil has brought onstream the Lybster oil field in the nearshore Inner Moray Firth off northern Scotland.
The Teak-4A appraisal well offshore Ghana in the Cape Three Points block found thin, non-commercial reservoirs and will be P&A’d reports Kosmos Energy (NYSE:KOS).
SapuraClough Offshore has acquired the shares of Helix in the Sapura Helix JV (formerly known as Clough Helix JV).
Talisman Energy (TSX:TLM;NYSE:TLM) has contracted Reef Subsea to provide two maintenance support vessels for its brownfield modification programs on various UK North Sea fields.
Chevron Corp. has announced that the deepwater drillship Pacific Santa Ana has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A.
While the Offshore Technology Conference was under way at Reliant Center on Monday, a number of organizations joined forces at a forum in the Westin Galleria Hotel to discuss investment opportunities in Korea.
Intergraph has formally opened the newly-expanded Intergraph Global Marine Center in Busan, South Korea.
GMC and Horton Wison Deepwater confirm a joint venture to design and supply buoyant tower platforms for shallow-water fields.
Dana Petroleum has delivered first gas from the Van Nes field subsea development in the Dutch North Sea.
Total has been awarded an exploration license for block 14 offshore Uruguay, following a second bid round staged by state-owned company ANCAP.
Talisman Energy (TSX:TLM;NYSE:TLM) says production has restarted at the Tartan platform in the UK North Sea following an overhaul program.
A side track of the Johan Sverdrup appraisal well 16/2-11 in the Norwegian North Sea has confirmed good quality in Upper and Middle Jurassic reservoir, according to operator Lundin Petroleum (NASDAQ:LUPE).
Rosneft and Statoil have agreed to jointly explore offshore fields in the Russian sectors of the Barents Sea and the Sea of Okhotsk.
Suncor Energy expects the 21-week dockside maintenance program for the Terra Nova FPSO to start in June.
Premier is abandoning its Stingray exploration well in the UK North Sea as a dry hole.
BP has explained the decision to select the proposed Trans Adriatic Pipeline (TAP) as a southern European export route for gas from the Shah Deniz Phase 2 development in the Caspian Sea.
Lukoil Nizhnevolzhskneft has awarded a further pipelay contract for its Vladimir Filanovsky field development in the Russian sector of the Caspian Sea.
Seadrill has a Letter of Award to supply tender assist rig T18 to Chevron Thailand Exploration and Production.
DNO International plans to pick up re-development of the Saleh field 45 km (28 mi) offshore Ras Al Khaimah, after completing a current drilling campaign on the West Bukha/Bukha fields off Oman.
Plexus Holdings has won a £1.3-million ($2.1-million) order to supply BG International with 20,000-psi POS-GRIP wellhead technology for gas exploration drilling in the North Sea.
The 10-streamer seismic vessel Polarcus Nadia was in Namibian waters last week, ready to start an extensive 3D survey for Serica Energy in the Luderitz basin.
Technical constraints again have forced Noble Energy to suspend well deepening operations on the deepwater Leviathan gas discovery offshore Israel.
Lamprell has won a $227-million contract from an unnamed drilling contractor for construction of a newbuild jackup rig.
North Drilling Co. (NDC) is preparing to transfer the Sahar-1 rig to the Persian Gulf to drill on the Farzad-A field.
The UK’s Department of Energy and Climate Change (DECC) has granted environmental permits to Total for a dynamic kill operation on the leaking Elgin well in the central North Sea.
Eurasia Drilling Co. (EDC) has provided an overview of its activity to date in 2012 in the Caspian Sea.
Cathelco is renewing the impressed current cathodic protection system on the hull of the FPSO Xikomba, which is being redeployed on Eni’s block 15/06 West hub development off Angola.
Petroleum Safety Authority Norway (PSA) has sanctioned Centrica Resources’ (CAN:LN) use of the production facilities on the Vale gas condensate field in the Norwegian North Sea.
FMC Technologies has subcontracted Aveon Offshore to fabricate components for the subsea production system for Shell’s Bonga North West project offshore Nigeria.
Statoil (OSE:STL:NYSE:STO) has contracted CB&I to provide front-end engineering design (FEED) services for the Aasta Hansteen spar topsides project in the Norwegian Sea.
Canadian Natural Resources (CNR) has taken a 36% interest in block 514 off Cote d’Ivoire.
Oilex has completed evaluation of the Bazartete and Tutuala prospects in the JPDA 06-103 permit in the joint development area of the Timor Sea between Australia and Timor-Leste.
New Zealand Oil and Gas (NZOG) has assumed operatorship of the PEP 38259 permit offshore New Zealand.
Seadrill has ordered a sixth newbuild drillship from Samsung.