OE Daily: 2013 / March

 

Drilling to start on Dunquin

Mar 30, 2013

Irish media have reported that Exxon Mobil was due to start exploration drilling offshore the country's coast this weekend.Eirik Raude (Image: Ocean Rig)The Irish Examiner said the $140m drilling programme was due to start today (Saturday) with daily rates at an estimated $1million…

Fallon named UK Energy Minister

Mar 29, 2013

Fallon to replace outgoing minister John Hayes Michael Fallon MP (Image: DECC)The UK Department of Energy and Climate Change appointed Michael Fallon its new energy minister replacing outgoing minister John Hayes, who will now serve as Minister of State without portfolio in the Cabinet office…

Bond wins UK flight services contract

Mar 29, 2013

Premier Oil plc awarded Bond Offshore Helicopters Ltd a new contract to provide crew change flights.S-92 model (Image: Sikorsky)The contract is for three years with options to extend. Services began on March 4 with Bond's new Sikorsky S-92 aircraft…

Cal Dive wins Mexican EPIC

Mar 27, 2013

Cal Dive wins $63 million PEMEX subsea contractMexican state oil company Pemex awarded Houston-based marine contractors Cal Dive International, Inc an EPIC contract worth US$63 million concerning the company's Abkatun-Pol-Chuc Field in the Bay of Campeche…

FMC, Aker win Petrobras subsea contracts

Mar 27, 2013

Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…

HRT spuds Namibian prospect

Mar 26, 2013

HRT's wholly-owned subsidiary HRT Walvis Petroleum Ltd., spud the Wingat-1 (2212A/07) exploration well offshore the Republic of Namibia. The well is the first in HRT's back-to-back exploratory program in the Walvis Basin, the company announced on 25 March 2013…

Chevron hits Coronado pay

Mar 25, 2013

Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…

Premier lining up FPSOs

Mar 24, 2013

UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…

Beibu in production

Mar 22, 2013

First production has begun at the CNOOC-operated Beibu Gulf Project in the South China Sea, announced partner Roc Oil on 21 March 2012.Roc said production from two development wells, A5H and A2 on the WZ 6-12 wellhead platform, follows the successful installation…

GOM lease sale raises US$1.2B

Mar 21, 2013

The latest Gulf of Mexico Lease Sale 227 held Wednesday drew $1.2 billion in high bids for tracts spanning the coasts of Louisiana, Mississippi and Alabama. Statoil was the highest bidder on 15 leases, the company announced on 20 March 2013…

Total unveils new supercomputer

Mar 21, 2013

Total inaugurates its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power…

FMC scores subsea contract duo

Mar 21, 2013

FMC Technologies, Inc. announced it has won multiple subsea contracts this week. Subsea tree (Image: FMC Technologies)The Houston-based equipment supplier said on March 21 that it won a $30 million subsea equipment order from LLOG Exploration Co…

Anadarko touts new GOM find

Mar 20, 2013

Anadarko Petroleum Corp. encountered approximately 1,000 net feet of oil pay at its Shenandoah-2 well in deepwater Gulf of Mexico, the company announced on March 19, 2013.Ensco 8500 semisubmersible series (Image: Ensco) Anadarko discovered the…

AtComedia adds PECOM to event portfolio

Mar 19, 2013

OE Magazine’s parent company, AtComedia, closed the acquisition of the annual oil and gas event, PECOM (Petroleum Exhibition and Conference of Mexico) from International Exhibitions, Inc., the company said on March 19, 2013. The conference…

FMC lassos Mad Dog supply

Mar 19, 2013

FMC Technologies, Inc. signed a manufacturing and subsea equipment supply contract with BP in support of the Mad Dog Phase 2 field development, the company announced on 19 March 2013. Mad Dog Platform (Image: BP)The contract's scope includes the supply subsea trees…

Pena Nieto denies privatization

Mar 19, 2013

Mexico's President Enrique Pena Nieto denied rumors that the state-owned oil company Pemex (Petroleos Mexicanos) will be privatized. Pena Nieto appeared at the 75th anniversary of the expropriation of the oil industry from foreign interests…

Major North Sea wins for EMAS

Mar 14, 2013

The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…

Invest globally, says energy expert

Mar 14, 2013

North Sea offshore investment is reaching all time highs but there is limited capacity to invest to meet demand, according to a speaker at today's annual NOF Energy conference.Specialist Isabel Boira-Segarra of consultancy EC Harris, was speaking at the Energy: A Balanced Future event in Newcastle…

Troubled Yme to be scrapped

Mar 12, 2013

Leased floating production firm SBM Offshore has agreed a $470million settlement deal with operator Talisman which will see the troubled Yme platform scrapped.Completion of the mobile offshore production unit (MOPU) had suffered delays after…

IHS CERAWeek: Mozambique licensing

Mar 07, 2013

Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…

Marine group buys Divex

Mar 07, 2013

Marine service group James Fisher and Sons is to buy diving equipment firm Divex for up to £33million.The deal will see UK-based James Fisher and Sons pay an initial consideration of £20m in cash plus a further maximum additional consideration of £13m linked to future profitability targets…

IHS CERAWeek: Canada backs N. American energy independence

Mar 06, 2013

Just as CNOOC’s Fanrong Li’s luncheon keynote speech came across as defensive, Canada’s Minister of Natural Resources Joe Oliver followed a similar trail in his address at IHS CERAWeek on Wednesday. Oliver passionately made the case for his country’s oil sands…

IHS CERAWeek: Energy's new era

Mar 06, 2013

Energy executives celebrated the oil and gas industry’s trend upward at IHS CERAWeek’s 32nd annual conference in Houston.Saudi Aramco CEO Khalid Al-Falih speaks at IHS CERAWeek on Tuesday 5 March (Photo: Audrey Leon/OEDigital)“Exaggerated…

Obama names Energy picks

Mar 04, 2013

US President Barack Obama announced on Monday that he will nominate Ernest Moniz and Gina McCarthy to fill vacancies at the Department of Energy and the Environmental Protection Agency, respectively. Obama nominated Ernest Moniz to US Department…

Qatar Shell adds second OAS unit

Mar 04, 2013

Qatar Shell GTL Ltd. granted Offshore Solutions BV (OSBV), an AMEC and Cofely Nederland NV joint venture, a variation order, adding a second offshore access system (OAS) to its current contract, OSBV announced on 4 March 2013.An OAS unit…

ROVOP invests £4million in ROVs

Mar 04, 2013

Subsea services specialist ROVOP has announced £4million of investment in two new ROVs (remotely operated vehicles). ROVOP, which also strengthened its management and onshore support team earlier this year, has invested in a 3,000m rated…

Well control succeeds at Main Pass 295

Mar 01, 2013

Well control operations at Apache's Main Pass 295 in the Gulf of Mexico concluded on 28 February 2013, the company announced.Apache planned to move Rowan's Cecil Provine drilling rig to Main Pass 295 for a possible relief well (Image: Rowan)Apache…

Centrica's York starts flowing

Mar 01, 2013

Centrica Energy has started production on its southern North Sea York gas field.The York Platform (Image: Centrica)The field, 100% owned by Centrica Energy Upstream, is being produced by a normally unmanned installation and is expected to produce about 120mmscf/d of gas at its peak…

Ithaca Energy buys Valiant

Mar 01, 2013

North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…

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