Wintershall, Germany’s largest internationally active crude oil and natural gas producer continues to expand its activities on the Norwegian Continental Shelf. Its aim is to make the Norwegian subsidiary Wintershall Norge one of the leading oil and gas companies in Norway. With this focus on Norway, Wintershall is presenting itself at the international exhibition Offshore [...]
Total E&P Philippines B.V. (“Total”) announces the signature of a Farm out Agreement with Mitra Energy (Philippines SC-56) Limited (“Mitra”), based in Kuala Lumpur, Malaysia, to acquire a 75% interest in the offshore Block SC56, located in the Sulu Sea. The block covers a total area of around 4,300 km², in water depths ranging from [...]
Buccaneer Energy Limited has, together with BlueCrest, executed the final closing documents with Pioneer Natural Resources Alaska, Inc. for the acquisition of the Cosmopolitan Project (“Cosmo”) in Alaska, USA. Cosmo is being jointly acquired with privately owned Fort Worth, Texas based BlueCrest acquiring a 75.0% working interest, with Buccaneer acquiring a 25.0% working interest and [...]
Rockhopper, the North Falkland Basin oil and gas company, has entered into a conditional farm-out agreement with Premier Oil plc (“Premier”), regarding the Company’s interests in its petroleum licences in the North Falkland Basin The agreement provides Premier with a 60 per cent interest in all of Rockhopper’s licence interests in the Falkland Islands and [...]
NZOG (New Zealand Oil & Gas Ltd) has entered into further conditional agreements that, upon completion, would result in NZOG taking on Operatorship and increasing its stake to 60% in the highly prospective offshore Taranaki permit, Kaheru. An application has been submitted to the New Zealand regulator, NZ Petroleum and Minerals, to extend the permit [...]
May 28, 2012 | Posted in
Asia pacific,
Company News,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
Kleven Maritime will carry out an extensive reconstruction of the offshore vessel MT6012 Rem Fortune, from the Platform Service Vessel into the Multi-purpose Support Vessel. The vessel was originally built at Keppel Singmarine Pte. Ltd. in Singapore in 2009, and will be ready for delivery in mid-March 2012. The reconstruction will involve installation of one [...]
February 1, 2012 | Posted in
Also in the News,
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Vessels |
Read More »
Russian oil company LUKOIL has prequalified as an operator in Norway’s offshore oil zones, opening the door to licensing rounds which could add to the Russian oil company’s growing international portfolio. “LUKOIL has been prequalified as an operator,” Mette Agerup, assistant director of the Norwegian Ministry of Petroleum and Energy, told a seminar on regulation [...]
Northern announces that earlier today, Tullow Oil Plc (“Tullow”) in their Interim Management Statement provided the following update on well GM-ES-1, in the Guyane Maritime Permit, in which Northern has a 1.25% interest: “In French Guiana, the Zaedyus exploration well discovered 72 metres of net oil pay in two turbidite fans. This is the first [...]
November 9, 2011 | Posted in
Americas,
Company News,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for October 2011. Songa Venus commenced operations for Petronas in Malaysia on 20 October after completion of contractual preparedness, acceptance testing and mobilization to the first location. During preparations to run the BOP, re-worked and newly installed components failed and the rig was subsequently shut [...]
Saipem announces that the merger agreement incorporating Saipem Energy Services into Saipem S.p.A. has been filed at the relevant business register. Saipem Energy Services offers engineering and project management services in addition to FPSO (Floating, Production Storage and Offloading) business management services. The merger’s purpose is to rationalise the holding structure of Saipem’s Italian Group [...]
