IPB Petroleum Limited “IPB” announces that the Commonwealth-Western Australia-Offshore Petroleum Joint Authority granted to IPM West Pty Ltd (a wholly owned subsidiary of IPB Petroleum Limited) a 100% interest in Petroleum Exploration Permit WA-485-P for a period of 6 years, commencing 14 May 2013. Rationale WA-485-P adds to IPB’s growing strategic position, now totaling around [...]
May 21, 2013 | Posted in
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A new dive support vessel (DSV), optimised for operations in the North Sea, will feature three MacGregor offshore cranes, enabling efficient load-handling in the subsea environment
May 21, 2013 | Posted in
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Santos Offshore Pty Ltd, the Operator of the Winchester-1 exploration well being drilled in the Dampier Sub-basin permit WA-323-P, offshore Australia, has announced that that at 06:00 hours (WST) on Tuesday, 21 May 2013, the well was at a depth of 2891m MDRT (measured depth below rotary table) and casing operations were underway. Operations over the last week [...]
A likely start date has been confirmed for drilling in the Matuku prospect in PEP 51906 off Taranaki in New Zealand. The permit’s operator, OMV, has advised that the semi-submersible rig Kan Tan IV is expected to begin drilling in mid-September. The well is expected to take 40 days to drill to a target depth of 4756 metres. [...]
Australia’s independent oil and gas company Santos today announced that oil production has commenced ahead of schedule and on budget from the $490 million Fletcher Finucane project in the Carnarvon Basin offshore Western Australia. The Fletcher Finucane development was sanctioned in January 2012 and consists of a three-well subsea tie-back to the existing Santos-operated Mutineer [...]
See the most read news of the week May 13 – 18, 2013
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AWE Limited has been advised by the Operator, Origin Energy, that the Yolla-A platform, located it the Bass Strait, offshore southern Australia, has achieved significant production improvement as a result of successful well interventions and is currently producing gas at rates of approximately 57 Tj/day, up from 42 Tj/d that was achieved prior to the well intervention program. [...]
Norway’s KONGSBERG has been awarded a significant offshore automation contract with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned new-build drillships, with an option for KONGSBERG to deliver products and services for six more drill ships. “We call this a ‘Full Picture’ solution, as it includes dynamic positioning, position reference systems, thruster control, [...]
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New Zealand Oil & Gas has acquired a 50 per cent interest in PEP 52717 (Clipper) from Beach Petroleum (NZ) Pty Ltd, a subsidiary of ASX-listed Beach Energy. New Zealand Oil & Gas will become the operator of the permit, which is off the Canterbury coast in New Zealand. The partners have committed to acquiring at least 600 [...]
Yesterday the Australian Parliament passed a landmark law to better protect Australian offshore workers and Australia’s pristine marine environment. In passing the Offshore Petroleum and Greenhouse Gas Storage Amendment (Compliance Measures No.2) Bill 2013, the Senate has strengthened Australia’s offshore petroleum regulatory regime to safeguard against the destruction caused by the uncontrolled release of hydrocarbons [...]
