![USA: BOEMRE Issues New Drilling Permit in Gulf Of Mexico]()
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) approved a fourth deepwater drilling permit that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying the requirement to demonstrate the capacity to contain a subsea blowout. The approved permit is a [...]
![Ithaca Halts Drilling at Jacky Prospect Due to Mechanical Issues with Energy Enhancer Rig]()
Ithaca Energy Inc. announces today that drilling of the J03 well on Jacky has been temporarily suspended due to mechanical issues on the Energy Enhancer jack-up drilling unit. Additionally, the Beatrice Alpha workover well, A28, is now anticipated to return to stable production in early April. The drilling unit has been positioned over the Jacky [...]
March 22, 2011 | Posted in
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![Hyperdynamics Issues Invitation to Tender to Drilling Companies for Offshore Guinea Program]()
Hyperdynamics Corporation announced today that AGR Petroleum Services, its well management company, issued an Invitation to Tender to drilling companies as part of its exploration program offshore in the Republic of Guinea. The tender covers the drilling of two wells plus an optional third well as agreed in the work program and budget between [...]
February 9, 2011 | Posted in
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![USA: Anadarko Delays Production From Caesar/Tonga Due to Riser System Issues]()
Anadarko Petroleum Corporation today announced that a mechanical issue involving the production riser system at the Caesar/Tonga project in the deepwater Gulf of Mexico will delay first production, which was expected in mid-2011. Although the production riser system underwent an extensive qualification program prior to installation, Anadarko’s recent hydro-testing of the riser provided results that [...]
![Brazil: Petrobras Issues US$ 6 billion in Global Notes]()
The Petrobras announces that it closed a US$ 6 billion issuance of 5, 10 and 30 year notes in the international capital markets. The notes were issued by Petrobras’ wholly-owned subsidiary Petrobras International Finance Company (“PifCo”) and constitute general senior unsecured and unsubordinated obligations of PifCo that are unconditionally and irrevocably guaranteed by Petrobras. The [...]
![Germany: GL Noble Denton Issues Guidelines for Float-Over Installations and Moorings]()
GL Noble Denton has issued new guidelines for float-over installations and for moorings. These guidelines have been developed on the basis of GL Noble Denton’s experience as the industry’s leading consultancy and assurance service for floatover operations and mooring installations. They are now available for oil and gas companies, designers and contractors and describe current [...]
![USA: Chevron Issues Interim Update for Fourth Quarter 2010]()
Corporation today reported in its interim update that earnings for the fourth quarter 2010 are expected to be higher than in the third quarter 2010. Upstream results are projected to improve between sequential quarters, benefiting from higher crude oil prices and increased liquids liftings. Downstream earnings in the fourth quarter are also expected to be [...]
![Kosmos Energy, GNPC and Ghana Governmet Amicably Resolve Issues Among Them]()
Kosmos Energy announced today that the company, the government of Ghana and the Ghana National Petroleum Corporation (GNPC) have signed an agreement to amicably resolve several issues that have existed among them. The resolution of the issues includes settlement regarding data, as well as matters related to Kosmos’ debt facility and its corporate structure. Additionally, [...]
![U.S. Government Issues New Details About Deepwater Drilling Rules]()
The Obama administration on Monday gave new details about the rules for deep- water drilling, responding to oil companies’ complaints that… By Jennifer Dlouhy (Houston Chronicle) Source: Chron ,December 14, 2010;
![USA: Pride International Settles FCPA Issues and Comments on Compliance Program]()
Pride International, Inc. announced that it completed its settlement with the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) of outstanding U.S. Foreign Corrupt Practices Act (FCPA) matters that were voluntarily and promptly self-reported to the DOJ and the SEC in February 2006 after they were discovered in an internal review. [...]
