Singapore’s KrisEnergy chartered the Rubicon Vantage floating storage and offloading (FSO) vessel and a catenary anchor leg mooring (CALM) buoy for use on the Wassana oil development in the G10/48 license area located in the Gulf of Thailand…
Drilling has completed on Lundin Petroleum's Gobi-1 wildcat in the Gurita production sharing contract (PSC), located off Indonesia in the Natuna Sea’s West Natuna basin. The prospect is being plugged and abandoned after failing to find hydrocarbons…
Ophir Energy plc entered into an agreement with Niko Resources to acquire interests in seven deepwater production-sharing contracts (PSCs) in Indonesia. Image from Ophir. The PSCs have equity interests ranging from 18…
Total awarded Maersk Drilling’s third drillship, the Maersk Venturer, a short-term, US$17 million contract for a one-well program offshore Malaysia. Maersk says the contract is for 45 days with an option to extend for up to 40 days. The drilling program is expected to begin in December 2014…
The State Oil Company of Azerbaijan Republic (SOCAR), confirmed in a statement that four employees died in a platform accident on 23 October. According to SOCAR's statement, 'The dead bodies of three of the four employees, missing after…
Lundin Petroleum AB spudded the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The West Prospero. From Seadrill. The Kitabu prospect is a stratigraphic trap…
Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…
The Saint-Petersburg International Mercantile Exchange (SPIMEX) began on-exchange natural gas trading. The opening ceremony was attended by Rosneft head Igor Sechin (photo, at right), who is also Chairman of the Management Board of SPIMEX…
Ocean Floor Geophysics Ltd. (OFG) completed a high resolution CSEM survey of near surface gas hydrates using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST) in Japanese waters…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
InterMoor, an Acteon company, has completed two major offshore projects for China Offshore Oil Engineering Corporation (COOEC). To extend the life of the Hai Yang Shi You III FPSO, the first project involved full mooring system replacement in the Panyu field…
Electromagnetic Geoservices ASA (EMGS) won a contract for 3D EM data acquisition in Malaysia. The survey will begin 24 October using the BOA Thalassa vessel. From a letter of intent, received on 6 October 2014, the contract is worth US$6…
Mayank Ashar joins Cairn India as its new managing director & chief executive officer effective 17 November 2014. Ashar brings with him more than 36 years of experience in the international oil and gas industry. In his earlier assignments…
Dubai based offshore fabrication firm Lamprell has completed the second Caspian Sea jackup drilling rig, the Mercury. Lamprell said completion of the rig, the EDC-2, built for Eurasia Drilling, was a milestone for the group, particularly as it has been built under challenging conditions…
Some of the world's top energy experts have been announced as guest speakers at Universal Oil & Gas 2014 (UOG 2014) in Israel later this year. Barry Smith, Texas Railroad. From Granite PR. UOG…
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