One of Australia’s largest gas producers, Santos, today announced that gas production has commenced from the Wortel project in Indonesia. Wortel was sanctioned in November 2010, and is located in the Sampang Production Sharing Contract (PSC), offshore East Java in Indonesia. The Wortel development includes two gas wells, an unmanned wellhead platform and a 10-kilometre [...]
Mr. Anon Sirisaengtaksin , President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed today that PTTEP and its subsidiaries had a better operating results for 2011 than the previous year. In 2012, the company is ready for the first gas from Bongkot South Field in the 1st half while crude [...]
OGX announces the beginning of the opening procedure of well OGX-26HP, in Waimea. OGX, the oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announces that at 19h46min40sec on Saturday 28th January, the opening procedure of FPSO OSX-1 first well, denominated OGX-26HP, has been initiated. The procedure involves the injection [...]
January 30, 2012 | Posted in
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Spring Energy, a privately owned Norwegian oil and gas exploration, development and production company has signed a framework contract with Acona, whereas Acona will become the company’s emergency preparedness services provider. Under the contract, Acona will assist in preparation of emergency preparedness set up for drilling operations on the Norwegian continental shelf where Spring [...]
Valiant Petroleum plc has been awarded operatorship and a 50% interest in License PL 617, Block 2/9 on the Norwegian Continental Shelf as part of the APA 2011 Licensing Round. The other partners are Premier Oil Norge AS (35%) and Bridge Energy Norge AS (15%). The award represents Valiant’s first operated block in Norway. The [...]
January 18, 2012 | Posted in
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UK-based Rolls-Royce, the global power systems company, has signed a contract to deliver highly efficient engines and propulsion systems for the world’s first Liquid Natural Gas (LNG) powered tugs. The two vessels have been ordered by Norwegian company Buksér og Berging AS and will enter service in late 2013 for Statoil, the international energy company, [...]
January 12, 2012 | Posted in
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ExxonMobil’s Romanian subsidiary together with Petrom has started exploration drilling on Domino-1, the first deepwater exploration well in the Romanian sector of the Black Sea. The Domino-1 well is located in the Neptun Block, 170 kilometers offshore in water about 1,000 meters deep and will be drilled using state-of-the-art industry technology. The well is being [...]
January 10, 2012 | Posted in
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Cobalt International Energy, Inc. has signed the Production Sharing Contract for Block 20 offshore Angola. Cobalt has been named the operator of Block 20 and has a 40% working interest in the block under this agreement. Other partners in Block 20 include Sonangol Pesquisa e Produção, S.A. (30%), BP Exploration Angola (Kwanza Benguela) Limited (20%) [...]
December 20, 2011 | Posted in
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Statoil has awarded Kongsberg Oil & Gas Technologies a contract worth NOK 150 million over three years to develop the world’s first integrated environmental monitoring system (EM) for oil and gas activities. Statoil currently employs several environmental monitoring methods at its installations, mainly on the Norwegian continental shelf. However, there are no solutions available on [...]
December 13, 2011 | Posted in
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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 [...]
