Noble Energy has encountered ‘significant traces of natural gas’ at its Karish prospect, in the Mediterranean sea, offshore Israel. The well, located in the Alon C license, 75 kilometers north west of Haifa, has today reached a final depth of 4,790 meters below sea level (including the depth of the water). The U.S. independent informed its partners, [...]
Australian oil and gas industry has slammed tax changes introduced yesterday by the Federal Government in Australia. “Tax changes included in Australia’s Budget for 2013 that affect exploration costs and thin capitalisation rules will hurt the oil and gas industry’s international competitiveness. As such, they are short-sighted given the current debate regarding debt, deficit, and the [...]
BG Group Chief Executive, Chris Finlayson will today deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company’s first quarter results, BG Group is making good progress [...]
Press Release – Marine Cybernetics AS (MC) recently signed its first contract for delivery of HIL testing (Hardware in the Loop) to a total of 6 MODU (Mobile Drilling Units) new builds to be hired by Petrobras in Brazil. Marine Cybernetics has for many years worked actively to get into this market, and this marks an important milestone in [...]
Miclyn Express Offshore has entered into an agreement with Dredging International (Australia) Pty Ltd to supply an AHTS, MEO Sovereign 1, for the Chevron-operated Wheatstone Project in Western Australia. The contract will commence in May 2013 for 2 years firm. MEO has also announce that it’s 70% owned business, Express Offshore Solutions (“EOS”), has secured a contract with [...]
May 9, 2013 | Posted in
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Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services yesterday announced it has received an order from a major international controls manufacturer for the manufacture and deployment of specialized short umbilical jumpers worth in excess of $1.5 million. The order is for the first phase [...]
May 8, 2013 | Posted in
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Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, won two awards at this year’s UK Oil and Gas Industry Safety Awards. Marc Brankin, Scaffold Chargehand for Stork won ‘The Most Promising Individual’ category for his exemplary attitude and behaviour towards offshore [...]
May 3, 2013 | Posted in
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Oil & Gas UK today (30 April 2013) announced the launch of a nationwide awareness campaign, “Energising the Nation’s Future”, at an event attended by leading figures from the oil and gas community. The campaign is designed to improve awareness and understanding of the oil and gas industry and better map its contribution across the [...]
Dong E&P Norge AS, operator of production licence 289, offshore Norway, is about to complete drilling of wildcat well 3/7-9 S. The well was drilled about 5 kilometres northwest of the Trym field in the southern part of the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks [...]
Australia’s Woodside has entered into an agreement with Shell that sets out the key principles that would apply if the Browse resources are developed using Shell’s Floating LNG (FLNG) technology. The agreement provides a framework that would enable the Browse joint venture to progress FLNG as a development concept. Woodside said it would immediately engage with the [...]
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