Pacific E&P has made its outstanding payments to its joint venture partner Karoon Gas for its share of the five blocks in the Santos basin, offshore Brazil. Earlier this week, Karoon called out Pacific by issuing a default notice to the Canadian company…
Santos will begin sidetrack operation offshore Indonesia after a mechanical obstruction in the well bore of the AAL-4X appraisal well halted the proposed drill stem tests (DSTs) in the K-sand and G-sand reservoirs. The drilling of the sidetrack well will allow Santos and its parnter…
New business models able to handle ongoing volatility in the oil price are set to be the future of the North Sea industry, according to the CEO of Det Norkse. Karl Johnny Hersvik is set to lead a new company, Aker BP, which has been described as a “super independent…
Mermaid Maritime’s Indonesian business unit, PT Seascape Surveys Indonesia, entered into a one-year charter contract with PT Nusa Perkasa Permai for the Mermaid Nusantara DP2 dive support vessel (DSV). The vessel is expected to be delivered to Seascape in August 2016…
Karoon has issued a default notice due to joint venture partner Pacific Exploration and Production Corp. for overdue payments for several blocks offshore Brazil. The planned Echidna appraisal drilling campaign scheduled for the September…
Netherlands Enterprise Agency has awarded Fugro has been awarded a geotechnical site investigation survey contract for the Hollandse Kust (zuid) Wind Farm Zone, in the Netherlands. This follows previous contracts awarded earlier this…
Mads Andersen will take over as the new president and CEO of Stavanger-based oil services firm Aibel, effective 1 January 2017. Jan Skogseth, Aibel's current president and CEO, since 2008, plans to retire. He will hold an advisory role in the company until spring 2017…
Offshore wind is headed toward new highs with the North Sea region serving as the backbone of the global market, says Douglas-Westwood’s Celia Hayes. Image from iStock. The offshore…
Polarcus has received a letter of intent for an XArray project in the Norwegian-Barents Sea for an undisclosed client. The survey is due to commence in August 2016, after required authorization has been obtained, and will run for approximately four weeks…
Technip’s US arm has awarded Boa a contract for light construction, heavy lift and possible umbilical lay operations and installations in the Gulf of Mexico for up to five months, including mobilization and options. The scope of work…
Norway’s Ministry of Petroleum and Energy has given Statoil the green light to move forward with the development of its unmanned Oseberg Vestflanken 2 project that is expected to tap some 110 MMboe in the North Sea. Illustration…
Siemens has begun construction at its new wind turbine plant in Cuxhaven, one year after the initial investment decision. Soil compaction and the preparation of the pile foundation, with 1900 concrete piles, have already been completed. Construction…
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for the Aurelia wildcat well, 7222/1-1, in the Barents Sea. Well 7222/1-1 will be drilled from the Scarabeo 8 drilling facility in production license 226…
Antrim Energy subsidiary Antrim Exploration (Ireland) received formal approval from Ireland’s Department of Communications, Energy and Natural Resources (DCENR) of its application for a 100% working interest in frontier exploration license (FEL) 1/13…
The Irish Minister of Energy has granted consent to Europa Oil & Gas for the transfer of interest in and operatorship of, Frontier (FEL) 2/13 and 3/13 from Kosmos Energy Ireland. Europa now has 100% interest in, and is operator of seven licenses in the Atlantic basins offshore Ireland…
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