
On Friday, May 11, 2012, Delek Group Gas Subsidiaries submitted a proposal to participate in the Government of Cyprus tender, to acquire rights of exploration and production of oil and / or natural gas in the Economic water area of Cyprus. The proposal was submitted as part of a consortium comprising Avner Oil Exploration LP [...]

Rolls-Royce, the global power systems company, has been awarded a £15 million contract by STX OSV to supply an extensive deck equipment package for an advanced anchor handling vessel to be operated by Iceman AS. The package, which is designed to improve operational safety, will include a new anchor handling frame (AHF) and a hydraulic [...]
May 14, 2012 | Posted in
Also in the News,
Company News,
Equipment & Technology,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
Vessels |
Read More » 
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up rigs, semi-submersible rigs and tender rigs reported operating [...]

Development drilling operations have commenced at Breagh field in the UK Southern North Sea, Sterling Resources report. The Ensco 70 rig has been deployed to start the Breagh development drilling program in anticipation of first gas production from the field during the third quarter. Previously drilled wells 42/13- 3 and 42/13- 5Z, suspended for future [...]

Songa Offshore, a Cyprus-based international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 4 on order, has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an [...]

Nautical Petroleum plc announces that the Carnaby exploration well 28/9-5 in Central North Sea Block 28/9 was spudded at 05:45 hours on Friday 11 May 2012. The well is being drilled using the Sedco 711 semi-submersible rig and is being managed by Applied Drilling Technology International (ADTI). The well is expected to take approximately 25 [...]

GDF SUEZ E&P Norge AS has, has awarded a frame contract for modifications on the Gjøa platform to Fabricom AS. Fabricom will, under the agreemenr, carry out modification work involving design basis changes and other major modifications on the platform located 45 kilometres from land near the northern boundary of the North Sea. “Fabricom AS [...]

Final preparations for the planned well intervention on Elgin’s leaking G4 well are nearing completion. These have included the West Phoenix drilling rig positioning itself about 30 metres away from the Elgin complex ready to support the operation. Weather permitting, the well intervention should now start within a very few days. Before moving alongside Elgin, [...]
May 11, 2012 | Posted in
Company News,
Europe & Eurasia,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
Project Updates,
REGIONAL NEWS |
Read More » 
Oil & Gas UK’s report on the UK oil and gas well services sector, published yesterday, shows that in 2011 the gross revenue generated from UK oil and gas business grew dramatically by 28 per cent to $2.8 billion (£1.7 billion). The number of highly-skilled jobs supported by the sector across the UK also rose [...]

Aberdeen-based subsea installation contractor Bibby Offshore today hosted a visit by the Secretary of State for Scotland, Rt. Hon. Michael Moore MP, as part of a fact-finding mission on the energy sector in the city in conjunction with Oil & Gas UK. He joined senior representatives from Bibby Offshore for a tour of Aberdeen harbour [...]