The majority of the 89 workers who were sent to the hospital for treatment after Monday’s Jurong Shipyard rig tilting accident have been discharged. Six workers remain warded with minor injuries, and they are expected to be discharged soon, the Ministry of Manpower in Singapore, has announced. Acting Manpower Minister Tan Chuan-Jin went down to [...]
![North Sea Independents Reveal Their Strategies at Oil & Gas UK’s Briefing]()
Leading figures from three dynamic independent oil and gas companies will present their strategies and views of the challenges ahead at Oil & Gas UK’s forthcoming breakfast briefing, sponsored by Endeavour Energy, on Tuesday 19 June at the Aberdeen Exhibition and Conference Centre. Tom Reynolds, chief executive officer of Bridge Energy, will outline how his [...]
Trapoil, the independent oil and gas exploration and appraisal company focused on the UK North Sea, has been advised by Summit Petroleum Limited that operations on the Orchid exploration well have reached their targeted depth. As previously announced, the 12¼” hole section of the Orchid well bore was re-drilled as a mechanical side-track. The [...]
The reorganisation of the supply infrastructure and logistics operations for the Mittelplate Drilling and Production Island will further optimise oil production from Germany’s biggest oil field, Mittelplate. The Cuxhaven-based company EnTec has been awarded the contract for the construction and operation of a new land base. A further agreement was signed with the Dutch company [...]
EnQuest PLC (‘EnQuest’) today announces that it has agreed with Nautical Petroleum plc (‘Nautical’) to acquire a 25% interest in the Kraken oil discovery, together with interests in surrounding exploration acreage. This agreement, by which EnQuest will also become the operator of the proposed development of Kraken, is subject to the normal regulatory and [...]
January 24, 2012 | Posted in
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The President of the Republic of Angola, José Eduardo dos Santos, and Eni CEO Paolo Scaroni met in Luanda yesterday to discuss Eni’s activities and projects in the country. In the meeting, the parties talked about the important results achieved through recent exploration in Angola, including the discoveries made in offshore block 15/06, the high [...]
![Aker Solutions Provides Subsea Brazil Update, Expects Further Losses in Q3 2011]()
Aker Solutions is currently finalising revised execution plans for delivery of subsea production systems in Brazil. Delivery schedules for all major subsea production systems currently on order from Petrobras has been substantially further delayed and additional costs will accrue, mainly due to the prolonged execution time and various measures initiated to improve quality and [...]
![Belgium: Marlink Secures Contract with Simon Mokster Shipping]()
Marlink, the largest provider of maritime satellite communications, has recently extended its contract with offshore vessel operator Simon Møkster Shipping AS for a further 5 years. As part of the latest agreement, Marlink will continue the provision of its Sealink™ VSAT services aboard 18 existing vessels, as well as supply to five new vessels scheduled [...]
![Canada: Old Harry Exploration Well Proposal Needs Further Review, C-NLOPB Says]()
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), in its role as Responsible Authority pursuant to the Canadian Environmental Assessment Act (CEAA), has recommended to the Federal Minister of the Environment, the Honourable Peter Kent, that the proposal by Corridor Resources Inc. to drill a petroleum exploration well on its Exploration Licence (EL) 1105, in [...]
![Spain: Repsol Sells Further 3.83 pct of YPF to Lazard and Others for USD 639 Million]()
Repsol has agreed to sell a 3.83% stake of YPF to Lazard Asset Management and other investment funds for $639 million. Both transactions have been agreed at a price of $42.4 per share. Lazard Asset Management will acquire for $484 million a total of 2.9% of YPF for a number of its clients*, while [...]
March 14, 2011 | Posted in
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