
During the periods 2-3 November and 15-17 November 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Teekay Petrojarl’s (TKPJ’s) system for barrier management in connection with the design of Knarr FPSO. The objective of the audit was to follow up to ensure that TKPL has a management system in place which [...]
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The Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and Alabama. The proposed Outer Continental Shelf Oil and Gas [...]
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Yuexin Shipbuilding has made an initial step for new AHTS Vessel construction recently with a keel-laying ceremony held in Yuexin shipyard, China. Appyling the design of KHIAM CHUAN MARINE Company, YX3156 measures 58.7m in length with a moulded breadth of 14.6m and a moulded depth of 5.5m. Maximum draught is 4.5m. It can carry 42 [...]
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Anadarko Petroleum Corporation yesterday announced it has received approximately $419 million from Statoil Brasil Oleo e Gas Ltda. to satisfy the contingent payment feature associated with the 2008 divestiture of Anadarko’s 50-percent working interest in the Peregrino oil field located in the Campos Basin offshore Brazil. In December 2008, Anadarko closed the sale of its [...]
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Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, announced that coring and logging operations at well 14/15-4z have been successfully completed. The sidetrack well 14/15-4z (approximately 12.5m from the main well bore), was drilled to a total depth of 2555m md. A total 115m of core was cut through the hydrocarbon [...]

As operator of the consortium for Block BM-S-9, Petrobras today submitted the Declaration of Commerciality for the Guará area to the National Petroleum, Natural Gas and Biofuels Agency (ANP). The new field is to be called Sapinhoá and the estimated total recoverable volume notified was 2.1 billion barrels of oil equivalent (boe). Sapinhoá is yet [...]
Providence Resources P.l.c., an Irish based oil and gas exploration company, confirmed today that it has closed its transaction to divest its Nigerian subsidiary, which holds its interest in OML 113 offshore Nigeria to Jacka Resources Limited, (“Jacka”) an ASX-listed company. Under the terms of the transaction, the total consideration payable by Jacka is $16 [...]

Northstar Offshore Energy Partners, LLC a portfolio company of Natural Gas Partners (“NGP”) has sold substantially all of its asset holdings to ANKOR E&P Holdings Corporation, STX Energy E&P Offshore Management, LLC and SCL Resources, LLC for $201 million. The assets sold to the Korean buying group have a current output of 4,700 barrels per [...]

Tug Fairmount Sherpa has successfully towed jack-up drilling rig Baharia I to her new position in the Zeit Bay oil field in the Gulf of Suez. The Fairmount Sherpa is one of five supertugs owned by Rotterdam based Fairmount Marine. The rig move for Egyptian oil company Zeitco came just after delivering the semi-submersible drilling [...]

China National Offshore Oil Corporation(“CNOOC”), has submitted a registration application to Ministry of Civil Affairs of the People’s Republic of China for establishment of “CNOOC Marine Environmental and Ecological Protection Public Welfare Foundation” (“The Foundation”). The Foundation was launched by CNOOC and contributed by the CNOOC Limited with RMB500 million as initial capital. The Board [...]