Statoil, together with partners in the Grane Unit, has made a new oil discovery in the vicinity of the Grane field in the North Sea. Statoil and its partners are in the process of concluding drilling operations in exploration well 25/11-27 in the Grane Unit…
The Norwegian Petroleum Directorate awarded Statoil AS a drilling permit for well 6608/11-8, production license 128 in the Norwegian Sea, the agency announced on May 22, 2013. The well will be drilled from the Songa Trym drilling facility at position 66° 07' 39…
Reamco, Inc. was presented with the President’s “E” Award for Exports by U.S. Acting Secretary of Commerce Rebecca Blank at a ceremony on May 20, 2013, in Washington, D.C. The “E” Awards are the highest recognition any U.S. entity may receive…
Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…
Iran will invest US$16 billion to develop the offshore South Pars gas complex over the next 10 months, a natural gas company director said. Pars Oil and Gas Co. Managing Director Mohammadreza Zahiri said that most of the funding will come from domestic sources…
Ocean Installer won a contract from Shell UK for umbilical installation at the Bittern field, blocks 29/1a & 1b in the UK sector of the central North Sea, 200km east of Aberdeen. The company will install two new static umbilicals of 20.7km and 1…
Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquired 30% interest in 20 ExxonMobil exploration blocks in the deepwater Gulf of Mexico (GOM). ExxonMobil remains operator with 70%. The blocks are about 111…
Cal Dive International, Inc. has secured two contracts from Pemex worth a combined total of $188 million, the company announced on 15 May 2013. The scope of the first contract, which is worth an estimated $129 million, involves the procurement…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
Nexans has been awarded the production of the world’s deepest direct electrical heating (DEH) system by Subsea 7 for Chevron’s affiliated operated Lianzi field offshore Angola/Republic of Congo The Lianzi development will include the…
Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…
Brazil's state-owned oil and gas company Petrobras will sell its 20% stake in BP's Gila prospect in the US Gulf of Mexico, the company announced on 29 April 2013. Petrobras signed a Sale and Purchase Agreement (SPA) for its stake in exploratory blocks KC 49…
After comprehensive third-party testing, Trelleborg Sealing Solutions now has 20 best-in-class materials qualified to stringent API and ISO specifications. The wide range of approved compounds, from elastomers to PEEK and PTFE based compounds…
Cairn Energy PLC announce it will farm-in as operator of three blocks offshore Senegal in West Africa. This transaction will add a number of drillable prospects to the frontier exploration inventory and drilling program in the next 18 months…
Bergen-based explorer Rocksource said this morning that its exploration well on the Storbarden prospect will be plugged and abandoned after finding no hydrocarbons. The well was drilling on PL 506S in the Norwegian sector of the North Sea using the Borgland Dolphin drilling rig…
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