As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau on Thursday released the final details for an oil and gas lease sale that will offer more than 20 million [...]
Fugro offers a new pile inclination monitoring service based on Fugro’s offshore survey product range. A key requirement of pile installation is pile verticality. Traditionally the verticality or inclination was measured by means of pausing the piling and measure the inclination using handheld inclinometers. This traditional method has HSE disadvantages, can cause delay in the [...]
October 23, 2012 | Posted in
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Today, 26 June, the Ministry of Petroleum and Energy (MPE) has announced the 22 nd licensing round on the Norwegian continental shelf. Eighty-six blocks/parts of blocks are being announced in this round; 14 in the Norwegian Sea and 72 in the Barents Sea. “The interest in exploring in the Barents Sea has increased considerably after [...]
Liquid Robotics, Inc. and Schlumberger yesterday announced the creation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders, the world’s first wave-powered, autonomous marine vehicles. The joint venture will combine Liquid Robotics Wave Glider technology with Schlumberger oil and gas expertise and industry [...]
June 22, 2012 | Posted in
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Shell Bidco, a subsidiary of international supermajor, Shell, has increased its Cove Energy takeover bid. The company has placed a bid of around USD 1.8 billion which is a significant increase when compared to the initial USD 1.56 bln that Shell offered in February. Shell’s February bid was cancelled only two days after having been [...]
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Colombia’s National Hydrocarbon Agency has announced preliminary terms and timing for the upcoming Bid Round, Ronda 2012. The official launch of Ronda 2012 took place in Bogota on the 21st of February at the JW Marriott and is to be followed by a series of road shows which include: Toronto, Calgary, Houston, London, Beijing, Seoul, [...]
March 13, 2012 | Posted in
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The second license round offshore Cyprus opened 11th of February 2012. There will be official opening presentations by the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus in Houston 22nd of February at the International pavilion at NAPE and in London at APPEX 6th of March. The round is open for 90 [...]
February 16, 2012 | Posted in
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The Norwegian Government has decided to offer 60 production licenses in the Awards in Predefined Areas round for 2011 (APA 2011). – Today, I am offering participation interests in production licenses to 42 companies. Twenty-seven of these companies are being offered operatorships. APA 2011 is the most extensive licensing round ever undertaken on the Norwegian [...]
Serica Energy plc has been offered a further two Production Licences in the final stage of the 26th Round of UK Offshore Licensing announced by the Department of Energy and Climate Change. Block 110/8b in the East Irish Sea has been offered to Serica as operator with a 100% interest. The work commitment comprises a [...]
![Switzerland: Transocean Offers to Buy Aker Drilling for USD 1.4 Billion]()
Transocean Services AS, a wholly owned subsidiary of Transocean Ltd., today announced an all cash voluntary offer for 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. The Board of Directors of Aker Drilling has unanimously recommended that its shareholders accept the Offer. On August 14, 2011, Transocean entered into [...]
