SOCO has announced that following the agreement of the owner and operator of the Floating Production Storage and Operating (“FPSO”) vessel, and approval from the relevant Vietnamese authorities, the Hoang Long Joint Operating Company (“HLJOC”) has completed the first phase of a multi-stage test of the TGT FPSO oil production handling capacity beyond the 55,000 [...]
The Shah Deniz consortium, which operates Azerbaijan’s largest offshore gas field, has begun evaluating final offers it has received from the Nabucco Gas Pipeline International and Trans Adriatic Pipeline (TAP) for transportation of Shah Deniz Stage 2 gas to Europe. The submissions allow the Shah Deniz consortium consisting of BP, Statoil, SOCAR, LUKOIL, TOTAL, NICO [...]
Petrobras’ average domestic and foreign oil and natural gas output in June was 2,583,415m barrels of oil equivalent per day (boed). Output for domestic fields was 2,338,812 boed. Both domestic and total output remained unchanged on the previous month. Foreign output was 244,603 boed, a 2.5% decrease on May. Of total domestic output, oil accounted [...]
Baker Hughes Incorporated announced today that the international rig count for June 2012 was 1,285 rigs. The June international rig count includes the addition of 79 rigs in Iraq. This is the first time Baker Hughes has included Iraq in its international rig count since 1990. The June rig count of 1,285 rigs was up [...]
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Songa Offshore, a Cyprus based drilling contractor, has announced its fleet status update for May/ June 2012. Songa Venus achieved an average operating efficiency of 98% during the period. The rig continues to operate for Petronas Carigali in Malaysia. It is anticipated that the 1 year optional contract extension will be approved and issued during [...]
MEO Australia Limited provides the following update with respect to activities being carried out by the permit operator, Eni Australia Ltd (Eni), in NT/P68. Bathurst 3D Seismic Survey The CGG Veritas seismic vessel, M/V Veritas Viking II commenced acquisition of the 698 km2 Bathurst 3D Seismic Survey on 3rd December 2011. The survey, over the [...]
![Brazil: Petrobras Ups its June Oil & Gas Output]()
Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. Domestic natural gas production was 57.317 million cubic meters per day in June. This was 6.9% more than the [...]
![Norway: Noreco Releases June Production Report]()
Norwegian Energy Company ASA in June 2011 produced 8,125 barrels of oil equivalents (boe) per day. Net realized oil price was USD 104 per boe after adjustments for oil put options, inventory and NGL and gas prices. Total production from the Siri area fields in June was about 9,600 boe/day (3,375 boe/day net to Noreco). [...]
![Norway: Sevan Marine Provides FPSO Technical Uptime for June]()
Sevan Marine ASA , a company specializied in owning, operating and licensing FPSOs and drilling units, based on its patented cylindrical floater technology announces fleet technical uptime for May 2011. Technical Uptime for June 2011 was as follows: FPSO Sevan Piranema 98 (%) FPSO Sevan Hummingbird 99 (%) Technical Uptime as indicated is based on [...]
![The Netherlands: Visitor and Conference Registration for Offshore Energy 2011 Opens 1 June]()
From 1 June onwards, registration for Offshore Energy 2011 is open. The fourth edition of this two-day, international offshore event is organized in the Amsterdam RAI, at 11 and 12 October 2011. Visiting the exhibition is free of charge; conference delegates pay a conference fee. The 4th edition of Offshore Energy Exhibition and Conference [...]
