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Cobalt touts Angola find

Feb 27, 2014

Houston-based Cobalt International Energy, Inc. confirmed the existence of light oil and condensate at its Orca (formerly Baleia) deepwater pre-salt exploratory well offshore Angola. The Orca No.1 well, located in block 20 at a water depth of 1880m…

PGS wins Ivory Coast survey

Feb 27, 2014

Petroleum Geo-Services (PGS), with local partner Laguna and in cooperation with Petroci, is currently acquiring 2300sq km of multiclient 3D GeoStreamer data over blocks CI-506 and CI-507, offshore Côte d’Ivoire. The new MultiClient 3D GeoStreamer…

NOV gains new CEO

Feb 27, 2014

NOV Inc. announced that Clay C. Williams was appointed to president and CEO of the company effective immediately. NOV previously announced that Merrill A. “Pete” Miller, Jr. would step down as chairman and CEO contemporaneous with the…

BOEM's take on seismic testing

Feb 27, 2014

The Bureau of Ocean Energy Management (BOEM) has published its final environmental review of G&G survey activities off the Mid and South Atlantic coast. The review establishes multiple mitigation measures designed to minimize the impacts…

Tullow acquires North Sea permit

Feb 27, 2014

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Tullow Oil Norge for well 31/2-21 S, cf. Section 8 of the Resource Management Regulations. Well 31/2-21 S will be drilled from the Borgland Dolphin drilling facility in position 60° 58'16…

DNV GL opens Singapore base

Feb 27, 2014

DNV GL has opened a new Asia Pacific headquarters in Singapore. The new headquarters was officially opened today by S Iswaran, Minister for the Prime Minister’s office, second minister for home affairs and second minister for trade & industry Singapore…

Aqualis makes Tristein acquisition

Feb 27, 2014

Aqualis ASA signed a memorandum of understanding (MoU) to acquire Tristein AS, a provider of marine operations for the offshore oil, gas and wind industries. The financial details of the transaction are undisclosed.  “The combination…

TAQA makes exec changes

Feb 27, 2014

After six years at TAQA, Carl Sheldon has decided to step down as CEO and member of the board of directors, effective at the annual general meeting in April. Sheldon will remain as chairman of Jorf Lasfar Energy Company (JLEC), TAQA's newly-listed Moroccan power business…

Worker dies after North Sea fall

Feb 27, 2014

A North Sea oil worker has died after falling from Taqa Bratani's Harding platform in the early hours of this morning. The worker was involved in maintenance activity on the platform. He was recovered from the sea by a support vessel…

Production falls, costs rise

Feb 27, 2014

A striking comment was made by the head of CNR International at a breakfast briefing in Aberdeen this week. James Edens, VP and Managing Director at CNR International (UK), said UK North Sea production in 2013 was 1.43MM boe/d—the lowest it had been since 1977…

Sembcorp nets Transocean drillship deals

Feb 27, 2014

Sembcorp Marine subsidiary Jurong Shipyard has signed two contracts, worth US$540 million each, to build two drillships for a subsidiary of Transocean Ltd (Transocean). The contracts include options for three additional units for the same company…

New CFO for Rockhopper

Feb 27, 2014

Falklands explorer Rockhopper Exploration has appointed Stewart MacDonald Chief Financial Officer, with effect from 10 March 2014. Prior to joining the Company, Stewart, who is 33, was a director in Rothschild's global oil and gas group…

PPL wins $214M jackup deal

Feb 27, 2014

Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jackup rig contract worth US$214.3 million with Marco Polo Drilling Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd., as well as the grant of an option…

Alewijnse wins FPSO deal

Feb 27, 2014

Alewijnse Marine Systems won a service and maintenance contract for M3nergy’s 94,000 DWT FPSO Perintis, three weeks before it officially announces the setting up of two new Asian hubs, in Malaysia and Singapore. Under the agreement Alewijnse…

KrisEnergy quits Thai block, adds Indonesian PSC

Feb 27, 2014

Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…

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