UMW Oil & Gas: Profit Down Due to Naga 4 Rig Downtime (Malaysia)
Malaysia’s UMW Oil & Gas has reported a drop in revenue and profit for the first quarter 2013. The company’s revenue of RM178.7 million was RM97.3 million or 35.3% lower than RM276.0 million recorded in the...
May 24 2013 / Read More »
Sevan Cylindrical Hulls to Be Completed as Accommodation Units
Press Release – Sevan Marine ASA has entered into an agreement to sell the semi-completed Sevan hulls number 4 and 5 on an “as-is, where-is” basis to Logitel Offshore. The total purchase price for the...
May 24 2013 / Read More »
Petrobras Sells 12 Pct in Tanzanian Offshore Block to Statoil
Norway’s oil company Statoil has acquired a 12% working interest in the Block 6 licence offshore Tanzania from operator Petrobras Tanzania Ltd, a subsidiary of the Brazil’s state-run oil company, Petrobras. Block 6 covers 5,549...
May 24 2013 / Read More »
VIDEO: Island Offshore Takes Delivery of Island Crown Vessel
Island Offshore, a Norwegian owner of offshore support vessel, took delivery of the M/V Island Crown from Vard Brevik today around 13.30. The vessel is a purpose built Walk2Work Maintenance and Subsea Support Vessel outfitted for...
May 24 2013 / Read More »
Dolphin Gets Loan to Buy Seismic Equipment
Norway’s Dolphin Geophysical, a marine geophysical services provider, has today reached a deal with DNB Bank ASA and Sparebank 1 SR Bank ASA to increase its existing loan with the banks to $55.5 million. Dolphin will use part...
May 24 2013 / Read More »
Lundin Receives Go-Ahead for N. Sea Appraisal Well (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for an appraisal well in the Norwegian sector of the North Sea. Lundin Norway, a subsidiary of the Swedish oil company, Lundin...
May 24 2013 / Read More »
PSA Lists Knarr FPSO Project Flaws (Norway)
The Petroleum Safety Authority Norway (PSA), from 20 March to 11 April 2013, carried out an audit of Teekay Petrojarl (TKPJ) and the company’s design and construction of Knarr FPSO. The activity covered the areas...
May 24 2013 / Read More »
China: CNOOC Successfully Installs Liwan Topsides
China’s national oil company CNOOC has successfully completed the installation of the topsides of the Central Processing Platform at the Liwan field in the South China Sea. China Daily reports that the company Thursday lowered...
May 24 2013 / Read More »BP: Significant Gas Discovery Offshore India
Reliance Industries Limited (RIL) and its partners BP and NIKO today announced a significant gas and condensate discovery in the KG D6 block off...
May 24 2013 / Read More »Petrobras’ Florim Well Holds Good Quality Oil
Brazil’s Petrobras has completed drilling and conducted a formation test in the well that discovered oil in the Rights Transfer area referred to as...
May 24 2013 / Read More »UK: Cygnus Field Accommodation Platform Job Awarded to BiFab
The Rt Hon Edward Davey MP, Secretary of State for Energy and Climate Change in the UK, joined GDF SUEZ E&P UK in Aberdeen...
May 23 2013 / Read More »Dry Hole for Lundin in North Sea (Norway)
Lundin Petroleum has completed the drilling of wildcat well 7/4-3, offshore Norway. The well was drilled 24 km north of the Lundin Petroleum operated...
May 23 2013 / Read More »Talisman to Remove Yme Platform in Summer 2014 (Norway)
Talisman Energy, a Canadian oil and gas company with operations worldwide, has set a deadline for the removal of the troublesome Yme platform from the Norwegian...
May 22 2013 / Read More »Cameroon: Gas, Condensate Discovery Confirmed at IM-5 Well
The Executive General Manager (EGM) of the National Hydrocarbons Corporation (SNH) in Cameroon, Adolphe Moudiki and the Executive Chairman of EurOil Limited (EurOil), Chief Tabetando,...
May 22 2013 / Read More »Noble Energy: Karish Discovery Could Hold 2 Tcf of Natural Gas
Noble Energy, Inc. announced today a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783...
May 22 2013 / Read More »Economic Times: ONGC Hires Aban Ice Drillship
India’s drilling contractor Aban Offshore has secured a contract for its Aban Ice drillship, as reported by The Economic Times, an English-language Indian daily newspaper. According...
May 22 2013 / Read More »Norway Approves Ivar Aasen Field Development
Det norske oljeselskap ASA today announced that it has received approval from the Norwegian Parliament (Storting) for the Ivar Aasen development in the North Sea. Total...
May 22 2013 / Read More »Two Contracts for Rowan Gorilla IV Rig
Rowan Companies plc, a U.S.-based drilling contractor specialising in high-specification jack-up rigs, today announced it has secured more work for its Gorilla IV rig in...
May 21 2013 / Read More »
